Author: Yeek.io
HashKey Global, a flagship digital asset exchange under HashKey Group, has just integrated Ethereum support on Base, slashing the costs of transferring funds to and from the exchange.HashKey Global has successfully integrated Ethereum (ETH) on the Base network, with deposit and withdrawal services now officially open. The platform now supports ETH transactions across three networks: ERC-20, Base (BASE), and Arbitrum (ARB). By integrating ETH support on Base, HashKey Global makes it easier and more cost-effective to move funds in and out of the exchange while interacting with the Ethereum blockchain ecosystem. This move is part of the growing adoption of Ethereum’s…
Quick take: The crypto market maker plans to use the capital to launch a dedicated credit desk and open a new office in the UAE. Around 80% of the fresh capital was raised as equity while the remaining 20% is structured as debt. HV Capital led the equity round with participation from private equity firm Eurazeo, Cathay Innovation and ISAI VC. Flowdesk has rasied $52 million in a Series B extension bringing the total for the round to $102 million, co-founder and CEO Guilhem Chaumont posted on LinkedIn. Around 80% of the fresh capital was raised as equity while the…
Homepage > News > Editorial > The US strategic crypto reserve can’t scale The concept of a U.S. Strategic Crypto Reserve has been floating around for a while now. While I’ve been critical of it for several reasons—the idea that a government “stockpile” of digital assets somehow fits into the original vision of Bitcoin is laughable—there’s something particularly concerning about the actual assets chosen to make up this so-called reserve. A strategic reserve is supposed to consist of assets that are essential in times of crisis: oil, medical supplies, and maybe even rare-earth minerals. Something that a nation might need…
TRON processed 1.89M USDT transactions, reinforcing its dominance in stablecoin transfers. $1.83B in USDT flowed into major exchanges, signaling rising liquidity and market activity. Tron [TRX] has recorded a major increase in USDT (TRC-20) transfers, reinforcing its dominance as the leading blockchain for stablecoin transactions. Recent CryptoQuant data shows that $11.4 billion worth of USDT has been transferred, with $1.83 billion directed to major centralized exchanges. A total of 1.89 million transactions have been processed on TRON, representing 6.17% of total exchange inflows. The network’s low fees and fast transaction speeds continue to attract stablecoin users, increasing its role in…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With an increasing number of funds being blocked by exchanges due to AML checks, any cold wallet receiving USDT could face risks; verifying asset cleanliness is crucial. Recently, cases of funds being blocked by exchanges under the pretext of AML checks have become more frequent. Any cold wallet receiving USDT could be at risk. Users might deposit USDT from their wallet to an exchange, and suddenly, their funds get blocked due to an AML check. This leads to a…
PI Coin, despite being popular, is unlisted on prominent exchanges like Binance and CoinGecko. The delay of Binance listing by 86% of the voters frustrates investors. This setback has also contributed to a slowdown in price momentum.Pi Network blockchain explorer shows that the circulating supply of PI tokens has reached 6.9 billion. That represents a 9.5% increase since the mainnet launched on February 20. The rise suggests that more users are now active in the ecosystem.The app has seen over 113.2 million downloads on Google Play Store. The simple mining model and low barrier to entry are winning it users…
Bybit sparks debates as it seeks nearly $100k in refund from ParaSwap DAO tied to hacker’s swap fees
Bybit has requested a refund from ParaSwap DAO for swap fees paid by a hacker, sparking a governance debate over ethical responsibility. Cryptocurrency exchange Bybit wants ParaSwap DAO to return over $90,000 in Ethereum (ETH) in swap fees tied to the $1.46 billion theft, sparking debate in the decentralized finance community over a move that could set a legal precedent. Bybit asked to return 44.67 ETH from the Paraswap DAO that Bybit hacker paid in SWAP FEES.This decision has ethical and legal responsibilities against the DAO and sets a precedent for the wider DeFi ecosystem (notably Thorswap).I’m a Paraswap DAO…
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…
Currently, XRP is trading at $2.34 after an 11.38% decrease in the last 24 hours and a 16.25% drop over the past 30 days. This recent pullback comes amid a dynamic market environment where short-term recoveries can be quickly reversed. XRP Price Analysis Over the last 30 days, XRP has been down 16.25%, which indicates that despite some recent volatility, the longer-term trend is still showing downward pressure. This mixed picture suggests that while there might be opportunities for a short-term rebound, investors should be cautious given the overall bearish momentum in the broader trend. Oscillators and Momentum Indicators Currently,…
A newly disclosed set of deadlines from the International Monetary Fund (IMF) appears set to sharpen oversight of El Salvador’s Bitcoin during the coming year and beyond. According to information released by journalist Ricardo Valp of El Faro, President Nayib Bukele’s administration allegedly agreed to share comprehensive data on its BTC holdings and transactions in return for the $1.4 billion bailout package. In a post on X, Valp wrote: “NEW: ‘The IMF reveals Bukele agreed provide IMF with internal information about Bitcoin transactions, including cold & hot wallet addresses owned by the Government of El Salvador, the names of people…