Author: Yeek.io

An Ethereum developer says the recent Pectra upgrade of the Sepolia testnet ran into errors, which was made worse after an attacker used an “edge case” to cause the mining of empty blocks.Pectra rolled out on its final testnet, Sepolia, at 7:29 am on March 5, but Ethereum developer Marius van der Wijden said in a March 8 post that the team immediately started seeing error messages on their geth node and empty blocks being mined.The error was because the deposit contract triggered the wrong type of event — a transfer event instead of a deposit, according to Van der…

A clause in Utah’s Blockchain and Digital Innovation Amendments bill, which would establish a Bitcoin reserve, was dropped right before the final Senate vote. Referred to as House Bill 230, Utah’s State Senate passed the bill with a 19-7-3 vote on March 7. However, this version no longer includes the Bitcoin reserve clause. The bill is now headed to Governor Spencer Cox for approval. Initially, the bill proposed allowing Utah’s state treasurer to invest up to 5% of certain public funds into Bitcoin and other qualifying digital assets. Utah was leading the Bitcoin reserve race and was widely expected to…

Connektra.io, a leading no-code AI agents platform designed for workflow automation, has successfully secured seed funding from the Inflection Point Ventures (IPV) Idea school Program. This round of funding will enable the company to fast-track its product development, expand its engineering team, and implement a robust go-to-market strategy. AI-Powered No-Code Automation for Enterprises: Founded in 2024, Connektra.io simplifies enterprise workflow automation and software integration by leveraging AI-powered agents and a no-code, prompt-driven interface. The platform helps businesses overcome the growing complexity of API and data integrations by reducing engineering costs by up to 40% and enabling digital projects to be…

Solana’s TD Sequential indicator suggested a potential trend reversal, reinforcing bullish sentiment. With mixed signals in play, is this the start of a sustained recovery? After breaking below the $200 support, Solana [SOL] plunged to $130 – its lowest level in five months – marking a critical demand zone. The TD Sequential indicator flashed a strong buy signal, suggesting a potential trend reversal. However, with trading volume collapsing by 61%, weak buying pressure raises red flags. Is this the beginning of a recovery, or just a bull trap before another leg down? Technical and market signals flash green Solana has…

A weakening US dollar could be bullish for Bitcoin, but two metrics could be cause for concern in the short term, according to Real Vision crypto analyst Jamie Coutts.“While my framework is turning bullish as the dollar plunges, two metrics still raise alarms: Treasury Bond volatility (MOVE Index) and Corporate Bond spreads,” said Coutts in a March 9 post on X.The analyst framed Bitcoin as a “game of chicken” with central banks, presenting a “cautiously bullish” outlook despite these concerning metrics.The US Dollar Index (DXY) has declined to a four-month low of 103.85 on March 10, according to Market Watch.…

An Ethereum developer says the recent Pectra upgrade of the Sepolia testnet ran into errors, which was made worse after an attacker used an “edge case” to cause the mining of empty blocks.Pectra rolled out on its final testnet, Sepolia, at 7:29 am on March 5, but Ethereum developer Marius van der Wijden said in a March 8 post that the team immediately started seeing error messages on their geth node and empty blocks being mined.The error was because the deposit contract triggered the wrong type of event — a transfer event instead of a deposit, according to Van der…

Homepage > News > Business > Japanese digital asset traders, business groups seek tax relief Japan is considering new changes to taxation laws regarding digital assets and trades. New proposals, yet to be considered or drafted into legislation by the government, could reduce capital gains taxes on different types of digital currency trades and introduce a brand new classification for digital assets. Policymakers attended presentations on the proposals at the Digital Society Promotion Headquarters in Tokyo on March 6. They’re also calling for submissions on other opinions and suggested reforms to be included in its bill on such matters by…

AVAX tested key $19 support, consolidating in a symmetrical triangle, signaling indecision. Bearish on-chain signals and high underwater investor percentages suggested a potential downside. Avalanche [AVAX] is consolidating within a symmetrical triangle pattern on the 4-hour chart and testing a critical support level of $19. This support has held firm in recent price action, which may indicate a potential rebound. AVAX is currently at a crucial level, trading at $19.56 with a slight 0.20% increase in the last 24 hours.  Will AVAX maintain its support, or will it fall further? Let’s find out.  What does the current price action reveal…

Binance has banned a market maker linked to GoPlus Security and MyShell after detecting trading irregularities. According to a Mar. 9 announcement on Binance’s official blog, the exchange has terminated the entity from market-making activities and confiscated its proceeds to compensate affected users. The details of the compensation plan will be announced later by the respective projects. Market makers are companies or people who consistently place buy and sell orders to ensure smooth trading and lower price volatility. However, unethical market-making practices, such as order book manipulation, can distort prices or give unfair benefits to market makers. The market maker…

Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance practices.The settlement figure consisted of a $26 million civil fine and $3.75 million restitution to customers, FINRA said on March 7. Robinhood failed to “respond to red flags of potential misconduct,” FINRA said, leading to Anti-Money Laundering and supervisory and disclosure violations.FINRA found that Robinhood Financial failed to reasonably supervise its clearing system despite there being noticeable processing delays due to increased demand between March 2020 and January 2021, which coincides with…