Author: Yeek.io

Homepage > News > Business > Vietnam taps blockchain to target $3T halal food market As the global halal food market explodes, agricultural exporters in Vietnam are tapping blockchain technology to target expanding markets in the Middle East, Asia, and North Africa. The halal market was valued at $7 trillion in 2020 and is projected to hit $10 trillion by the decade’s end.  The halal food market, in particular, was valued at $3 trillion last year and is expected to grow at a compound annual growth rate (CAGR) of 12.4% to hit $9.5 trillion by 2034. Vietnamese firms are targeting…

A common misconception is that DeFi cannot compete with centralized exchanges in terms of trading efficiency, order execution, and available tools. This perception, however, is entirely outdated.As Mark pointed out:“The stuff that you find onchain, Carbon DeFi included, is already offering tools and services that really embarrass conventional centralized exchanges.”People often ask, “When will DeFi be able to hold its own against centralized exchanges?” But the reality is, DeFi has already left CEXs in the dust. The tools available on Carbon DeFi are more advanced than what centralized exchanges offer, and they function with greater efficiency, automation, and customization. Features…

In the volatile landscape of virtual currencies, monitoring the movements of assets can enable investors and traders to make wise actions. Over the past month, the market experienced heightened price fluctuations that saw most tokens recalled their prices while few defied the downtrend. Over the past 30 days, the broader cryptocurrency industry lost a total market cap of 18%, wiping out over $60 billion, according to data reported by CryptoRank.io today. The market still experiences notable volatility despite President Trump’s announcement of a US crypto strategic reserve. Which tokens served as a safe haven during market volatility?Over the past 30…

Australia’s finance watchdog has charged Brendan Gunn, the brother of Olympian breaker Rachael Gunn, for allegedly dealing with money suspected to be proceeds of crime while operating a fiat-to-crypto conversion company.In a March 5 statement, the Australian Securities and Investments Commission said Gunn was charged with one count of dealing with money that could be reasonably suspected to be the proceeds of crime.“It is alleged that Mr Gunn dealt with two bank cheques, which contained the proceeds of four investment amounts totaling $181,000 made by three victim investors who deposited funds for conversion to cryptocurrency,” ASIC said in its statement.Rachael…

Cryptocurrency can seem confusing at first, especially with all the unique words and phrases used in the crypto world. If you’ve ever read about Bitcoin, Ethereum, or blockchain, you’ve probably seen terms like “wallet”, “gas fees”, “HODL”, or “staking”. These cryptocurrency words might sound complicated, but they are actually easy to understand once broken down.Crypto terms are special words used to talk about digital currencies and blockchain technology. Just like learning new slang when using social media, understanding crypto terms will help you feel more confident when investing in the space.We’re going to explain some of the most popular cryptocurrency…

Reddit co-founder Alexis Ohanian has confirmed he has joined Project Liberty’s bid to acquire TikTok’s US operations with the aim of bringing the platform onto a blockchain. Ohanian’s involvement was first reported by Reuters on March 3, with Project Liberty founder Frank McCourt announcing Ohanian would be joining as a strategic adviser specializing in social media.“I’m officially now one of the people trying to buy TikTok US — and bring it onchain,” Ohanian confirmed in a March 3 X post.Source: Alexis Ohanian“Users should own their data. Creators should own their audience. Period,” he added. McCourt founded Project Liberty and has been building…

Bitwise files 19b-4 for Dogecoin ETF, with Coinbase Custody and BNY Mellon managing assets Dogecoin ETF approval chances climb to 66%, but DOGE’s price fell by 11.69% Bitwise has taken a major step towards launching a Dogecoin [DOGE] exchange-traded fund (ETF), with a 19b-4 filing submitted by NYSE Arca to the U.S. Securities and Exchange Commission (SEC). The proposed ETF, if approved, will see Coinbase Custody serving as the custodian, while BNY Mellon will oversee cash management, administration, and record-keeping. Bitwise files for Dogecoin ETF This latest filing follows Bitwise’s earlier S-1 submission, signaling growing institutional interest in Dogecoin and…

A cryptocurrency subsidiary of the Japanese financial conglomerate SBI is preparing to roll out support for Circle’s USDC stablecoin as local regulators soften stablecoin rules.On March 4, SBI VC Trade announced the completion of the first registration related to stablecoin transactions, enabling the firm to start processing USDC (USDC) transactions.After receiving full registration, SBI VC Trade expects to be among the first financial platforms in Japan to offer cryptocurrency trading in USDC, the announcement noted.The platform plans to launch a USDC trading trial for selected users on March 12 and expects a full-scale USDC rollout in the near future.Source: SBI…

VanEck’s head of digital assets research, Matthew Sigel, has warned that upcoming Solana network upgrades could significantly impact validator earnings while raising centralization risks. Sigel outlined three major proposals — SIMD 096, SIMD 0123, and SIMD 0228 — in a post on X on Mar. 4. These proposals seek to improve Solana’s (SOL) economic framework but have the potential to reduce validator revenue by up to 95%.  Solana has several upcoming protocol upgrades, known as SIMDs, aimed at enhancing its technical capabilities and economic framework. These changes could help stabilize and strengthen Solana’s position in the crypto ecosystem moving forward.Solana…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…