Author: Yeek.io

Understanding Blockchain ArchitectureBlockchain architecture defines how transactions are processed, stored, and verified. Traditionally, blockchains were monolithic systems where all functions occurred within a single structure. Modular blockchains are a new paradigm that separates these functions into various layers.To compare both models correctly, it’s necessary to analyze their major components:ComponentMonolithic BlockchainsModular BlockchainsExecutionOn-chainSeparated into layersConsensusOn-chainOffloaded to separate chainsData StorageOn-chainDistributed across networksScalabilityLimitedHigh scalability with L2 solutionsFlexibilityLowHigh, customizable networksThis table highlights the key differences between these blockchain structures. Now, let’s explore each model in detail.What Are Monolithic Blockchains?Monolithic blockchains manage all tasks within a single network. They handle execution, consensus, and data storage together.…

The Worldwide Asset eXchange (WAX) has removed the fee required to create a blockchain account through its Cloud Wallet.Previously, new users had to pay 5 $WAXP to set up an account, a measure originally introduced to prevent automated bot activity. The removal of this fee is intended to make it easier for new users to join the WAX blockchain and encourage broader adoption by reducing the financial barrier to entry.WAX stated that its blockchain “is stronger than ever” and is therefore making account creation easy and free. Source: WAXWhat is WAX?WAX is a blockchain network designed for high-volume transactions, with…

The Wemix Foundation is implementing measures to address the recent $6.2 million security breach and subsequent drop of the WEMIX token.In response to the hack, the company is currently using its own funds to buy back WEMIX coins to increase demand, stabilize the price, which has dropped 42% since the hack, and restore investor confidence.Details of the buyback, including the method, involved exchanges, final quantity, and holding wallet address, will be released upon completion, according to a March 15 Wemix X post. WEMIX Buyback Execution To swiftly recover from the impact of the WEMIX PLAY Bridge incident and restore the…

dYdX, the decentralized perpetual contracts trading platform, has released a major roadmap update detailing significant improvements to optimize trading speed, stability, and user experience. The update focuses on resolving platform reliability issues, accelerating deposit and withdrawal speeds, enhancing the mobile trading experience, and refining the web interface with new features. Additionally, dYdX is looking to attract a more retail-oriented user base while maintaining its appeal to professional traders.Source: XEnhancing Stability, Speed, and Trading FeaturesdYdX’s primary focus in the next two months is to address critical infrastructure and trading experience issues. The platform has faced instability during market volatility due to…

As of the latest update, XRP is trading at $2.33, reflecting a modest 1.10% increase in the last 24 hours. However, over the past 30 days, XRP has experienced a decline of 16.70%, showing the asset’s inherent volatility and the impact of broader market sentiment. XRP Price Analysis The broader 30-day trend reveals that longer-term selling pressure remains significant for XRP. This juxtaposition of a short-term uptick with a medium-term decline is a common feature in volatile assets like XRP, where sporadic rallies may occur within an overall bearish environment. Momentum Oscillators Momentum indicators such as the Relative Strength Index…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Crypto analyst SiDec has raised the possibility of the Solana price dropping to double digits. The analyst revealed major levels to watch for entries as market participants brace up for this massive crash.  Major Levels To Watch As Solana…

Standard Chartered has changed its 2025 year-end price target for Ethereum from $10,000 to $4,000, citing structural challenges within the Ethereum ecosystem.  The bank’s analysts attribute this adjustment to the impact of Layer 2 solutions, particularly Coinbase’s Base network, which has reduced Ethereum’s (ETH) market capitalization by an estimated $50 billion. Layer 2 networks like Base were developed to enhance Ethereum’s scalability by reducing transaction fees and congestion.  However, Standard Chartered’s research indicates that these solutions may be diverting revenue away from the main Ethereum network.  Base, for instance, channels its profits to Coinbase, potentially diminishing Ethereum’s overall market share.…

BNB Chain has recently outpaced Solana, achieving the highest 24-hour trading volume on Decentralized Exchanges (DEX).The Notable Growth of BNB ChainAccording to data from DeFiLlama, the transaction volume of this Layer 1 blockchain has demonstrated a significant increase of 13.27% compared to the previous week, culminating in a trading volume of $1.637 billion.Source: DeFiLlamaThis surge can be attributed to BNB Chain’s ability to capitalize on the current suboptimal performance of other major blockchains, such as Solana and Ethereum.Furthermore, Changpeng Zhao (CZ) has played a pivotal role in invigorating the BNB Chain ecosystem through several strategic initiatives. These include the promotion…

Homepage > News > Business > US Senate Committee’s stablecoin approval throws Tether lifeline The U.S. Senate is making progress in approving legislation governing stablecoins, opening the door a little wider for Tether in the process. On March 13, the Senate Banking Committee made history by approving the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act introduced last month by Sen. Bill Hagerty (R-TN). The 18-6 vote included support from five Democrat committee members, offering hope for bipartisan consensus when the bill comes up for a vote by the full Senate, something Hagerty hopes will occur by the…

Bybit CEO Ben Zhou has raised concerns about decentralized exchanges (DEXs) and their risk management mechanisms following a massive Ethereum (ETH) liquidation on Hyperliquid. The event saw a whale strategically liquidate a 175,000 ETH position with 50x leverage, resulting in a $4 million loss for Hyperliquid’s liquidation engine, HLP Vault. Ultimately, the whale secured a net profit of $1.8 million.Zhou pointed out that both CEXs and DEXs face challenges in managing whale liquidations. He suggested that while lowering leverage is a short-term solution, it may hurt business by discouraging high-leverage traders. Instead, he proposed alternative risk control measures, such as…