Author: Yeek.io

In a landmark decision for the non-fungible token (NFT) industry, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Yuga Labs—the creator of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collections—without recommending any enforcement action. This development, announced by Yuga Labs on March 3, 2025, marks a significant moment for the NFT sector and its regulatory landscape. Background of the Investigation The SEC initiated its probe into Yuga Labs in October 2022, aiming to determine whether the company’s NFT offerings and the distribution of ApeCoin, a cryptocurrency associated with the BAYC…

Homepage > News > Business > BTC mining ban saved Russia 300MW since January: report A ban on BTC block reward mining in Russia during the winter months saved the country’s northern region of Siberia over 300 megawatts of electricity, the country’s Ministry of Energy has revealed. Russia proposed the ban in November 2024, which took effect on January 1, 2025. It’s set to last until 2031 and affects the vast northern region of Siberia and some regions President Vladimir Putin‘s government has annexed from Ukraine, including Donetsk and Luhansk. During a recent meeting focused on BTC mining regulation, the ministry revealed that consumption on the Siberian…

Recently, Dogecoin (DOGE) has experienced a turbulent market environment: it is currently trading at $0.1938, following an 11.43% decrease in the last 24 hours and a 33.62% drop over the past 30 days. This volatility shows the unpredictable nature of the crypto market. Dogecoin Price Analysis Today’s price drop, while alarming at first glance, must be viewed in the context of its broader 30-day performance, where DOGE is down 33.62%. Such a divergence between short-term and longer-term trends suggests that although recent selling pressure has taken its toll, there might still be technical support in place that could spark a…

Today, THNDR, pioneers in play-to-earn (P2E) Bitcoin games as well as skill-based peer-to-peer (PvP) gaming solutions, announced the release of its latest title, Blackjack. Designed for iGaming operators and aggregators, the game is now available via THNDR’s B2B PvP platform. With this new game, THNDR aims to improve player engagement and retention, while employing cutting-edge instant payment settlement via the Lightning Network. The underlying technology for the game addresses long-standing points of friction for operators, including player liquidity gaps and slow payout processes over traditional payment rails. How THNDR’s Technology Works THNDR’s cross-operator liquidity network, which ensures that players are…

Este artículo también está disponible en español. Bitcoin, the world’s top digital asset, surged by over 20% Monday from last week’s lows, with major altcoins following suit. The crypto’s rally immediately came after US President Donald Trump’s announcement that the administration is considering a strategic reserve covering Bitcoin, Solana, Cardano, Ethereum and XRP. Bitcoin’s response was immediate—from a low of $85k on March 2, the alpha coin bounced past $90k on Monday. Related Reading The day’s price action also came with massive fund movement, particularly among old Bitcoin wallets. According to CryptoQuant, old BTC whale wallets between seven and 10…

Immortal Rising 2 have recently introduced the Immortal Statue NFT Collection—a limited-edition NFT collection that provides players with token allocations, in-game advantages, and exclusive rewards.With two different tiers available, players have the opportunity to gain various in-game enhancements based on the NFT they acquire.The whitelist application for early access remains open until March 6, with the public sale to follow. Source: Immortal Rising 2What is the Immortal Statue Collection?The collection features two distinct NFTs, each offering different levels of in-game benefits:The Exalted Immortal Bust – Priced at $50 worth of $IMX, this NFT provides a 1,666 $IMT token allocation, in-game…

Update March 4, 2:40 pm UTC): This article has been updated to include information on Clusterform’s role in filing the proposal.Clusterform, an independent subsidiary of SSV Labs, has proposed a new permissionless staking module for Lido, aiming to expand the scope of node operators who can use the Lido protocol in a scalable and decentralized manner.The firm proposed a permissionless staking module that leverages SSV Network’s Distributed Validator Technology (DVT) to integrate node operators (NOs) into the operator set of Lido on Ethereum.If approved, the proposal would add the first third-party module for the Lido Staking Router, further decentralizing the…

The Bybit exploiter has laundered 100% of the stolen funds after staging the biggest hack in crypto history, but some of the loot may still be recoverable by blockchain security experts.On Feb. 21, Bybit was hacked for over $1.4 billion worth of liquid-staked Ether (STETH), Mantle Staked ETH (mETH) and other ERC-20 tokens, resulting in the largest crypto theft in history.The hacker has since moved all 500,000 stolen Ether (ETH), now valued at about $1.04 billion, primarily through the decentralized crosschain protocol THORChain, blockchain security firm Lookonchain reported in a March 4 post on X:“The #Bybit hacker has laundered all…

Opinion by: Dr. Michael Tabone, senior economist for CointelegraphBitcoin (BTC) mining has long been dominated by large-scale industrial operations, with public companies like Marathon Digital, CleanSpark and Riot Platforms controlling significant portions of the global hashrate. But what if that balance of power shifted? What if millions of individuals across industrialized nations took up home mining?Home Bitcoin minersThis hypothetical scenario isn’t as far-fetched as it seems, especially with the rise of small, efficient ASICs like the Bitaxe Gamma 601, FutureBit Apollo, iPollo v1 Mini BTC and Antminer S9 SE/Hyrdo, giving the home miner hash power ranging from 1.2 to 17…

Opinion by: Dr. Michael Tabone, senior economist for CointelegraphBitcoin (BTC) mining has long been dominated by large-scale industrial operations, with public companies like Marathon Digital, CleanSpark and Riot Platforms controlling significant portions of the global hashrate. But what if that balance of power shifted? What if millions of individuals across industrialized nations took up home mining?Home Bitcoin minersThis hypothetical scenario isn’t as far-fetched as it seems, especially with the rise of small, efficient ASICs like the Bitaxe Gamma 601, FutureBit Apollo, iPollo v1 Mini BTC and Antminer S9 SE/Hyrdo, giving the home miner hash power ranging from 1.2 to 17…