Author: Yeek.io

Homepage > News > Finance > South Africa urges regulators to classify ‘crypto’ as onshore assets South Africa has stepped up its digital asset licensing and regulations in recent years. However, regulators have overlooked one critical factor that local exchanges say could unlock accelerated growth in the burgeoning industry. In South Africa, digital assets are not classified as onshore or offshore assets and exist in regulatory limbo. Local government bonds, shares listed on local exchanges, real estate and retirement funds are all designated as onshore assets. On the other hand, foreign bank accounts and stocks listed in foreign exchanges are…

DragonSwap, a standout decentralized exchange on the Sei Network, has teamed up with Orbs to roll out two slick trading tools: dLIMIT and DCA. These features, usually reserved for centralized platforms, are now shaking up the DeFi scene, handing traders more control than ever. With dLIMIT, you can set up limit orders—think of it as locking in your buy or sell price ahead of time. No more settling for whatever the market throws at you or babysitting price charts all day. It’s a smarter way to trade with better precision. DCA, or Dollar-Cost Averaging, makes investing easier by spreading out…

Ripple’s case could end in days or weeks if they enter a private agreement with the SEC.  More bettors and Options traders expected XRP to dip below $2 by the end of March.  In February, President Donald Trump’s new SEC paused or permanently dismissed most crypto investigations started by the Biden regime. However, the Ripple [XRP] case has been conspicuously missing from the dismissal list. Pathway to end Ripple case Reports have emerged that the Ripple case could also be over soon, per Fox Business journalist Eleanor Terret, citing people familiar with the matter. She said,  “Two well-placed sources tell…

Stablecoin adoption in Latin America is increasing as more users turn to Circle’s USDC and Tether’s USDT for financial stability, according to a new report from cryptocurrency exchange Bitso.The USDC (USDC) and USDt (USDT) stablecoins have become a “store of value” in Latin America, accounting for 39% of total purchases on Bitso in 2024, the firm said in its third edition of the Latin America Crypto Landscape report issued on March 12.The report highlighted a significant increase in stablecoin adoption on the platform, with total stablecoin purchases surging 9% from 2023.“In Latin America, challenging macroeconomic conditions, characterized by high inflation…

A Decentralized Credit Score: What Is It?A decentralized credit score is a financial trustworthiness rating generated through blockchain networks. Unlike traditional scores controlled by centralized organizations, these scores are based on your activity and reputation within the blockchain itself. They play a key role in trustless financing, where borrowers and lenders connect directly without intermediaries.In the world of traditional finance, missing a payment or otherwise lacking a credit history can hurt your creditworthiness. With Web3 finance, you establish a reputation based on your decentralized identity—a kind of digital breadcrumb trail made up of your wallet activity, transaction history, and attitude…

A high-leverage whale liquidation on Hyperliquid led to a $4 million loss for the HLP fund. Meanwhile, blockchain analysts detected suspicious transactions worth hundreds of millions of dollars, raising concerns about market manipulation and money laundering. Did traders intentionally exploit Hyperliquid’s liquidation mechanism?Hyperliquid Loses $4 Million Due to an Unusual ETH Long PositionSource: hypurrscan.ioOn March 12, 2025, Hyperliquid’s HYPE token dropped 8.5% after a high-leverage whale liquidation. The event caused a $4 million loss for the HLP fund, which serves as the platform’s liquidity buffer.According to data from Lookonchain, the whale deposited 15.23 million USDC into Hyperliquid to open an…

Bybit CEO Ben Zhou commented on a recent $4 million loss suffered by decentralized exchange (DEX) Hyperliquid due to an Ether whale’s high-leverage trade, noting that centralized exchanges (CEXs) face similar challenges.On March 12, a crypto investor walked away with $1.8 million and forced the Hyperliquidity Pool (HLP) to bear a $4 million loss after a trade that used leverage on the Hyperliquid decentralized exchange (DEX). The trader used about 50x leverage to turn $10 million into a $270 million Ether (ETH) long position. However, the trader couldn’t exit without tanking their own position. Instead, they withdrew collateral, offloading assets without…

Solana ($SOL) has recently witnessed a significant price spike to a significant extent. As per the market data, the price of Solana has exceeded $130 before a correction, as of March 13. Following that peak, the crypto token has been sliding down gradually. At present, its price is moving within the $124-$126 range. Hence, despite the price volatility, Solana is exhibiting a resilient uptrend. Source: coinmarketcap.com Solana ($SOL) Price Analysis: Bulls Take Over the Market with Slight Resistance As the market statistics reveal, Solana ($SOL) experienced slight fluctuations while briefly plunging into the red. Subsequently, the bulls regained control over…

Pi Network’s native token PI continued to rally for the second consecutive day amid community hype ahead of Pi Day. According to data from crypto.news, Pi Network (PI) rose to an intraday high of $1.79 on March 13, nearly 42% above its lowest point this week. Its market cap was seated at a little over $12.2 billion, while its daily trading volume doubled over the previous day, hovering over $930 million at the time of writing. Although the crypto is still down over 42.5% from its all-time high of $2.99 in February, PI has recently made a huge leap in…

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. A new XRP price forecast has emerged, offering insights into the cryptocurrency’s next bearish move. A crypto analyst who previously predicted XRP‘s crash below $2 has provided a more comprehensive outlook, outlining key support and resistance areas that will…