Author: Yeek.io

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…

At its core, tokenization transforms traditional assets into digital tokens that can be traded on a blockchain. Whether it be real estate, debt, bonds or shares of a company, tokenization brings efficiency and transparency to these processes. It also broadens retail investors’ access to these asset classes. A new research report by Brickken and Cointelegraph Research surveys the underlying business models and provides an in-depth analysis of why many TradFi firms are jumping on the tokenization trend.The anatomy of tokenized asset issuanceThe journey begins with deal structuring, where the asset, be it a property, a bond or a private equity…

One artificial intelligence (AI)-focused altcoin is surging after going live on South Korea’s largest crypto exchange, Upbit. The information finance (InfoFi) protocol Kaito (KAITO), which is built on the Base network, soared by more than 45% amid the Upbit listing news. Kaito was trading at a low of $1.49, before surging to a high of $2.17. KAITO has since stabilized and is trading for $1.76 at time of writing. With a market cap of $426.8 million, the altcoin is the 168th largest crypto project. Last month, top US crypto exchange Coinbase added support for Kaito with an experimental label. The…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana’s price surge to $150 has crypto enthusiasts buzzing, sparking questions on its potential and future trajectory. Solana’s price surge to $150 has captured the attention of crypto enthusiasts, sparking curiosity about its potential trajectory. With the market riding a bullish wave, investors are eager to understand if Solana will continue its upward journey or if newer trends, like Solana-based memes, hold significant promise. This dynamic environment prompts investors to consider if the recent momentum will sustain, making it…

Understanding liquidity crises A liquidity crisis occurs when an organization lacks sufficient liquid assets, such as cash or assets readily convertible to cash, to meet its short-term financial obligations.Major hacks in the cryptocurrency exchange sector can trigger liquidity crises in several ways. The immediate depletion of assets, especially from compromised hot wallets, can severely impact an exchange’s ability to process withdrawals and maintain normal operations. Beyond the direct financial loss, panic-driven user withdrawals can escalate a crisis. Once news of a hack spreads, customers may rush to withdraw their assets, fearing further losses. This sudden spike in withdrawal requests puts immense…

In a surprising development, Emirates NBD bank, owned by the Dubai government, is making its footsteps in the crypto market. The Dubai government-owned bank has taken the initiative to offer crypto services via its digital bank subsidiary Liv. Through its subsidiary Liv, customers can now buy, hold, and sell digital assets directly on the Liv X app, thanks to a partnership with Aquanow, a licensed crypto service provider. Dubai Emirates NBD Bank Offers Crypto Services According to a recent Bloomberg report, Dubai’s Emirates NBD bank offers crypto trading services. Aligning with the city’s crypto-focused endeavors, the government-owned bank has begun…

Ondo Finance, a key player in real-world asset tokenization, remains in a bear market, having fallen more than 45% from its November 2024 high. Ondo (ONDO) price was trading at $1.60 on Thursday, marking a 30% increase from its lowest level this year. However, strong technical and fundamental indicators suggest a potential rebound in the coming weeks. A key factor supporting a potential recovery is the continued growth of Ondo Finance’s ecosystem. According to DeFi Llama, the total value locked in Ondo’s ecosystem has surpassed $1 billion for the first time. This marks a significant increase from $541 million at…

The memecoin market saw a 5% boost in overall market cap not long after a prosecutor said he wants to freeze $110 million as part of an investigation into the LIBRA meme coin scandal. On March 6, the overall market cap for memecoins nearly reached $62 million, surging by 5% in the past 24 hours of trading. Among the top traded tokens, FARTCOIN (FARTCOIN) rose by nearly 27% to a price of $0.35 while the official Trump coin (TRUMP) went up by 2.3%. TRUMP is currently trading hands at $13.70. The meme coin market went through a major slump following…

ETH staking deposits hit an all-time high, now accounting for 28.5% of the circulating supply, reflecting strong investor confidence. The announcement of ETH’s inclusion in the U.S. Crypto Reserve may have fueled increased staking demand and institutional interest. Ethereum [ETH] staking has reached an all-time high, with the number of ETH deposits into staking contracts surging significantly. This increase has sparked questions about its driving forces and underlying factors. With staking now representing a significant portion of Ethereum’s circulating supply, it is crucial to examine whether this trend is linked to recent price changes or external factors influencing the market.…

As the United States crypto administration gradually shifts to a more favorable stance, US authorities have begun releasing previously seized Chinese-made cryptocurrency mining equipment. These machines which happens to be vital for the blockchain infrastructure, had been held up at various ports for months, leaving thousands of units in limbo. Detailing The Release And Reason Behind The Initial Seizures The crypto mining equipment, equipped with advanced chips, supports blockchain networks by solving complex mathematical problems, earning operators digital currency rewards. Latest report citing Taras Kulyk, CEO of Synteq Digital, explained that “thousands of units have been released,” but also noted…