Author: Yeek.io

ZKsync’s DeFi Steering Committee (DSC) said it will not renew ZKsync Ignite, its liquidity reward program, as the project shifts its focus to broader network expansion.The DSC confirmed that Ignite’s second season will not proceed and that the program will be discontinued on March 17. This also cancels the reward allocation for period 6, the final phase of the program’s first season.ZKsync said it would focus its resources on its Elastic Network, an architecture that aims to transform the platform into an ecosystem of interconnected zero-knowledge (ZK) chains. “Our long-term vision for ZKsync is increasingly centered on the Elastic Network,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A recent report alleges that the Trump Family has been in talks to take a stake in crypto exchange Binance’s US arm, which could facilitate the company’s return to the country. Simultaneously, the exchange’s co-founder, Changpeng Zhao, also known as “CZ,” has allegedly been “pushing” for a pardon from the Trump administration. Trump Family In ‘Deal Talks’ For Binance US Stake? On Thursday, The Wall Street Journal (WSJ) reported that representatives of US President Donald Trump’s family have held talks to acquire a financial stake in Binance…

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. On-chain data shows Bitcoin and the altcoins have seen their trading volume decline recently, a sign that trader interest in the market is waning. Trading Volume Is Down Across The Cryptocurrency Sector In a new post on X, the…

The leading blockchain ecosystem, Ethereum, has just announced the development of a third testnet named Hoodi for the Pectra update, following errors encountered on the Holesky and Sepolia testnets. This latest update is expected to pave the way for Ethereum to successfully launch the Pectra Update on the mainnet before May 2025, bringing a positive signal to Ethereum after a challenging period.Ethereum Introduced The Third Testnet Hoodi“A new testnet, Hooli, is going live Monday to wrap up Pectra testing,” said Tim Beiko, member of the Ethereum’s developer team. During the regular meeting on March 13, 2025, the Ethereum development team…

Homepage > News > Finance > ECB accelerates timeline for digital euro CBDC launch European Central Bank (ECB) President Christine Lagarde gave the world an update on the digital euro central bank digital currency (CBDC) last week, saying the deadline for the preparation phase is now October 2025. Speaking at a press conference on Friday, March 7, Lagarde said the team behind the digital euro was “focused on accelerating the pace,” highlighting how they are campaigning to get other stakeholders like the EU Parliament and European Commission on board. The ECB President said the digital euro was “critically important” and…

Matrixport analysts reveal that the memecoin market still has not recovered from the previous crypto market crash despite global liquidity on the rise. Memecoins have shown no signs of recovering any time soon after the apparent crypto market crash in mid-February. Even though the U.S. dollar weakening has sparked a rise in liquidity and improvements in inflation data, the memecoin market remains unaffected, according to the latest Matrixport report. In a previously published report, Matrixport analysts warned traders of an upcoming crypto consolidation phase, specifically one that would affect memecoins. Since then, recent analysis has shown that liquidity in Solana…

Less than 24 hours after triggering a $4 million loss in Hyperliquid’s HLP Vault, the same whale trader reappeared If whales can manipulate liquidation engines, smaller traders may feel at a disadvantage. The whale trader responsible for Hyperliquid’s $4 million vault loss yesterday is back in action, executing another round of high-leverage trades across multiple platforms. This time, the trader deposited $4.08 million USDC into GMX. He initially shorted Ethereum [ETH], but quickly closed the position and switched to a long, securing a $177,000 profit. After closing the profitable GMX trade, the whale moved $2.3 million USDC into Hyperliquid [HYPE],…

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. In an X post published yesterday, crypto analyst Matthew Hyland highlighted that according to the weekly timeframe chart, Bitcoin (BTC) is likely to test the support level between $69,000 to $74,000 in the coming months.  Is The Bitcoin Bottom…

Bitcoin speculators suffered losses of over $100 million in just six weeks thanks to panic selling, new research calculated.Data from onchain analytics platform CryptoQuant revealed the extent of recent capitulation by short-term holders (STHs).Bitcoin speculators run to the exit “in the red”Bitcoin (BTC) entities hodling coins between one and three months bore the brunt of a brutal bull market drawdown, and many did not stay the course.CryptoQuant suggested that this section of the overall STH investor cohort, defined as those buying up to six months ago, is around $100 million out of pocket.“This represents a significant reduction in the value…

As we move further into the digital age, the allure of cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), and Litecoin (LTC) continues to grow. While the most traditional method of acquiring these digital assets is through direct purchase on exchanges, mining remains a viable option, especially for those seeking a more hands-on approach. However, traditional mining requires significant investment in hardware and expertise. This is where cloud mining steps in, offering a user-friendly alternative by allowing individuals to rent computing power from data centers and earn cryptocurrency without managing physical equipment.This in-depth guide explores the leading cloud mining services set to…