Author: Yeek.io
Sanctioned Russian crypto exchange Garantex is announcing the suspension of its operations after Tether blocked its platform’s wallets. In a new Telegram announcement on Thursday, the Russian exchange says that Tether has blocked Garantex’s wallets, which contained over 2.5 billion rubles, about $28 million. “Dear users! We have bad news. Tether has entered the war against the Russian crypto market and blocked our wallets worth more than 2.5 billion rubles. We are temporarily suspending all services, including cryptocurrency withdrawals, while our entire team solves this problem. We are fighting and will not give up! Please note that all USDT in…
The U.S. government may have a maximum of 88,000 BTC available for its newly announced Strategic Bitcoin Reserve, according to Alex Thorn, head of research at Galaxy Research. In a Mar. 7 post on X, Thorn noted that while the government currently holds about 198,000 Bitcoin (BTC), 112,000 BTC must be returned to Bitfinex following a previous seizure. This means that only a portion of the assets, a maximum of 88,000 BTC, can be used for the reserve. we think current US bitcoin balance available for re-purpose into a reserve is max 88k BTC, only 43% of current government holdings.…
The US government currently holds around 198,109 Bitcoin worth $17.7 billion, according to data from blockchain analytics firm Arkham Intelligence, a stash that it built mainly through seizures and forfeitures in criminal cases.A portion of that Bitcoin (BTC) will eventually form part of the country’s “Strategic Bitcoin Reserve” that President Donald Trump signed into existence with his March 6 executive order, which says the reserve will hold any Bitcoin “forfeited as part of criminal or civil asset forfeiture proceedings or in satisfaction of any civil money penalty.”The order also tasks federal agencies with figuring out how much forfeited Bitcoin they…
Sonic will be the successor to Fantom, marking a major shift for the project after a long period without significant breakthroughs.As a new layer-1 blockchain, Sonic features a secure bridge to Ethereum and offers the fastest settlement layer for digital assets. It can process over 10,000 transactions per second (TPS) with a confirmation time of just one second.Sonic shows steady growth three months after mainnet launchAfter launching its mainnet, Sonic has introduced major upgrades to expand its ecosystem and enhance network performance. Sonic Rollup decentralizes the bridge, while staking now features a fixed 14-day unlock period to boost DeFi and…
A crypto VC claimed that HYPE could be undervalued at current levels. The broader market rout has exposed HYPE to a 50% decline. Hyperliquid [HYPE] is massively undervalued relative to Ethereum [ETH] or Solana [SOL] at the current values. This was the argument made by Ryan Watkins, Crypto VC partner at Syncracy Capital. Watkins said, “(Hyperliquid) is the dominant decentralized derivatives exchange with 60%+ market share; it is also the highest earning blockchain today behind Solana and Ethereum. Yet $HYPE trades at the lowest multiple of its peers.” Source: Syncracy Capital The chart shared by Watkins showed that Hyperliquid was…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure An X account impersonating Hong Kong’s Chief Executive, John Lee Ka-chiu, launched a fake national cryptocurrency on Solana’s token launchpad Pump.fun. The account promoted the token to its thousands of followers, seemingly aiming to capitalize on the recent Political memecoin frenzy. Hong Kong Gov’t Denies National Cryptocurrency On Thursday, an X account under the username “JohnLeeKa_Chiu” announced the “National Hong Kong Coin” (HKONG). In the now-deleted post, the Chief Executive’s impersonator said that the “strategic step” marked a “new era in digital innovation and economic growth for…
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. XRP is hovering around $2.52 on the daily chart, maintaining a delicate balance between bullish momentum and the potential for a major reversal pattern. Renowned crypto analyst Josh Olszewicz (known on X as @CarpeNoctom) shared a detailed Ichimoku-based chart,…
Ethereum has successfully deployed the Pectra upgrade on the Sepolia Testnet, promising major innovations for the Ethereum ecosystem and the broader blockchain industry. Based on past upgrade experiences, what impact could the Pectra upgrade trigger?Update about Ethereum Pectra upgradeOn the afternoon of March 5, 2025, Ethereum announced the successful deployment of the Ethereum Pectra upgrade on the Sepolia testnet. Sepolia is the final major testing phase before Pectra goes live on the mainnet, which is expected to happen in April.Ethereum Pectra is considered one of the biggest upgrades in Ethereum’s history. It combines Prague (which improves transaction processing speed) and…
Homepage > News > Business > Thailand launches AI agriculture app; Microsoft AI tools aid farmers Amid the push for a national digital transformation, Thailand has launched a smart agriculture platform for farmers with emerging technologies at the core. Dubbed HandySense B-Farm, the platform incorporates artificial intelligence (AI) and the Internet of Things (IoT) technology. Developed by the National Electronics and Computer Technology Centre (NECTEC), the platform is an initiative by the government to digitize the agricultural sector. With HandySense B-Farm, farmers can integrate sensors to track key metrics necessary for improved yields. The platform is expected to allow access…
Social sentiment over Ether has hit a new low for the year as the price underperforms that of other cryptocurrencies; however, this could signal that it’s ready to bounce back, according to Santiment. Santiment’s social sentiment tracker found that traders’ discussions about Ether on various social media channels like X, Reddit and Telegram are more bearish compared to other major cryptocurrencies, the blockchain data platform said in a March 5 X post.“For those patiently holding their Ether, the bearishness being projected across social media is a good sign of a potential turnaround once crypto markets stabilize,” Santiment said.Ether sentiment was bullish…