Author: Yeek.io

Ethereum’s highly anticipated Pectra upgrade was successfully deployed on its final testnet, Sepolia, marking a major milestone in the lead-up to the mainnet activation. However, potential delays remain as developers continue to address outstanding issues from a previous testnet failure.Ethereum’s Pectra upgrade has gathered significant community support as it aims to improve Ether (ETH) staking, layer-2 (L2) network scalability and overall network capacity.Pectra was successfully rolled out on its final testnet, Sepolia, at 7:29 am UTC on March 5.The upgrade, which consists of 11 separate Ethereum Improvement Proposals (EIPs), went live on Sepolia “with a perfect proposal rate,” according to…

zkLend has officially launched its Recovery Portal, allowing users impacted by the platform’s Feb. 12 exploit to claim their lost funds.  The decentralized lending protocol announced the portal’s activation on a Mar. 5 post on X, advising users to verify communications through official channels before accessing their claims. The exploit drained $9.6 million from zkLend’s pools, prompting the platform to halt withdrawals and investigate the breach.  Shortly after the hack, blockchain security firm Cyvers reported that the stolen funds were bridged to the Ethereum (ETH) network. The hacker attempted to launder the funds through Railgun, a privacy protocol. However, Railgun’s…

Trading volume on Pump.fun, a leading Solana-based token launchpad, plunged 63% in February following a string of high-profile memecoin scams that have eroded investor confidence.  Pump.fun volume dropped from $119 billion in January to $44 billion in February, the lowest since October 2024, according to data from a Dune Analytics dashboard. Pump.fun’s new token launches have also drastically decreased, going from 58,000 each day at the beginning of February to 24,000 by Mar. 4. Pump.fun monthly volume. Credit: Dune Analytics Furthermore, the platform’s token graduation rate has decreased from 1.85% to 0.83% per week, meaning that fewer tokens are reaching…

The liquidations in the crypto market have spiked to a significant extent. As per the data from Phoenix Group, the total crypto liquidations have touched the staggering $1B mark over the past twenty-four hours. The crypto analytics firm shared insights into the overall crypto liquidations during the past 24 hours. Bitcoin and Ethereum Incur $372.87M and $201.08M in 24-Hour Liquidations Phoenix Group’s data displays a cumulative $987.80M in the total liquidations taking place in the crypto sector. Bitcoin ($BTC), the top crypto asset went through a liquidation of up to 4.45K $BTC (equaling $372.87M) over the recent 24 hours. In…

Kaito surged by 26%, fueled by its listing on Upbit, adding to its growing presence on major centralized exchanges. Upbit has just listed Kaito (KAITO) on its KRW, BTC, and USDT markets, with deposits only available through Base—other networks are not supported. Buoyed by the listing, KAITO is up 25% in the past 24 hours, trading at $1.82 at press time, with 24-hour trading volume of $996 million, up by 108%. Though the Upbit listing is a significant milestone for Kaito, it’s not the first major exchange to list the token. Binance, Coinbase, Kraken, OKX, Gate.io, Bybit, and MEXC all…

Este artículo también está disponible en español. On Tuesday, Ethereum (ETH) retested the $2,000 support zone, falling below this level for the first time in over a year. Some analysts suggested the second-largest crypto risks a 40% correction as its price attempts to hold its support level “between heaven and hell.” Related Reading Monday Dump Sends Ethereum To 15-Month Low Ethereum has fallen to a yearly low of $1,993, according to Binance market data. The cryptocurrency has dropped below $2,000 for the first time in 15 months, hitting its lowest price since late November 2023. Amid the February market retraces,…

Homepage > News > Finance > Is another global financial crash coming? Across the world, investors and pundits are asking the same question: Are we on the brink of another 2008-style financial crash? One need only look at the S&P 500, the prices of stocks in top companies like Nvidia (NASDAQ: NVDA) and Tesla (NASDAQ: TSLA), or the digital currency markets to see what’s happening: a mass-scale selloff in risk assets and a rush for the exits. With United States President Donald Trump launching a diplomatic blitzkrieg in the two short months since he took power, uncertainty looms large, and…

Spot Bitcoin exchange-traded funds in the United States saw their net outflows nearly double as market experts expressed concerns over U.S. President Donald Trump’s proposed crypto reserve plan. According to data from SoSoValue, the 12 Bitcoin ETFs recorded $143.43 million in net outflows on March 4—almost double the previous day’s net inflows of $74.19 million. Fidelity’s FBTC and ARK 21Shares’ ARKB saw outflows of $46.08 million and $43.92 million, respectively. Franklin Templeton’s EZBC followed with net redemptions of $35.71 million. Other BTC ETFs contributing to the negative momentum included Bitwise’s BITB, Invesco Galaxy’s BTCO, and WisdomTree’s BTCW, which recorded outflows…

The European Securities and Markets Authority (ESMA) clarified the status of custody and transfers of stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA).On March 3, Binance announced plans to delist nine non-MiCA-compliant stablecoins, including Tether’s UDSt (USDT), for users in the European Economic Area (EEA).Despite removing the affected tokens for trading, Binance said it will support deposits and withdrawals of non-MiCA-compliant stablecoins after the delisting on March 31.According to ESMA, a key regulatory body overseeing MiCA compliance in Europe, providing custody and transfer services for non-compliant stablecoins does not violate the new European cryptocurrency laws.USDt custody…

US President Donald Trump’s White House Crypto Summit is taking shape. Scheduled for this Friday, March 7, the attendee list, however, remains unexpectedly exclusive and relatively small, with only roughly 20 to 25 invitees reportedly taking part. According to newly shared information by FOX Business journalist Eleanor Terrett, details are still in flux, but several high-profile industry participants have confirmed their attendance. Here’s Who Attentending Trump’s Crypto Summit She attributed this to the roundtable format and the participation of the Presidential Working Group on Digital Assets, which reportedly includes Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, Attorney General Pam…