Author: Yeek.io

A major Aave contributor has submitted a plan to upgrade the protocol’s tokenomics following a successful temperature check last August. Marc Zeller, founder of the Aave (AAVE) Chan Initiative, has formally requested for community support on a proposal to restructure the project’s revenue allocation, sunset the LEND smart contract, and implement improvement liquidity management systems for users.  Zeller’s ACI is a prominent delegate in the Aave DAO, the decentralized autonomous organization tasked with bettering the largest on-chain lender. The ACI’s Aave Request for Comment would implement phase one of the so-called “Aavenomics” plan. Under the strategy, the project would create…

Over the past 24 hours, Binance Coin (BNB) failed to gain buying demand as it continued to decline heavily below immediate Fib channels. As a result, BNB’s price made a drop toward the $550 level, a new monthly-low. Additionally, BNB’s trading volume has dropped by 8.5% within the same timeframe, reaching $2.15 billion. Zooming out, BNB’s price has generally been on an upward trend after experiencing a sharp drop at the beginning of February. However, it has been making a strong downward correction for over the last few days. In the last 24 hours, its market capitalization has decreased by…

Blockstream, a provider of Bitcoin-powered financial infrastructure, has secured billions of dollars in investment as it prepares to launch its crypto lending funds. The Bitcoin (BTC) developer platform, which raised millions of dollars in debt financing in 2024, also noted that its crypto-backed fund will now go live early April. Bloomberg reported details of Blockstream’s multibillion-dollar investment on March 4, 2025. Led by co-founder and chief executive officer Adam Back, Blockstream will use the investment to roll out three funds, two of which focus on crypto lending. “With institutional demand for Bitcoin-native finance growing, we’re building the foundation for a…

Este artículo también está disponible en español. The XRP price has retraced and lost the gains it recorded from its Sunday rally following Trump’s announcement that the crypto would be included in the crypto strategic reserve. Following this price correction, crypto analyst Trade City has key support levels that could determine XRP’s future trajectory.  Important Support Levels For The XRP Price In a TradingView post, Trade City highlighted $3.06717 and $1.67220 as critical support levels for the XRP price on the weekly timeframe. While analyzing the weekly chart, the analyst noted that after bouncing along the ascending trendline, XRP confirmed…

Investors who once boosted Dogecoin and Shiba Inu are now turning their attention to a different digital coin. This undervalued cryptocurrency is quietly being gathered by those familiar with the market’s trends. The silent accumulation hints at a possible shift in focus. What is this overlooked asset that’s piquing interest among savvy investors?XYZ’s Rise to Glory: The Meme Coin Fighter Dominating the Crypto ArenaXYZVerse isn’t just another meme coin—it’s a heavyweight contender, already crowned Best NEW Meme Project. By merging the adrenaline of sports with the hype of crypto, it’s drawing in millions who want to be part of a…

Belarus President Alexander Lukashenko has instructed his energy minister to begin developing the country’s cryptocurrency mining industry, signaling a growing intent to generate additional revenue streams from the country’s excess energy supplies. According to a March 4 report by local media outlet BelTA, President Lukashenko passed on the instructions to the newly appointed minister of energy, Alexei Kushnarenko.“Look at this mining,” Lukashenko said, according to a translated version of the report. “If it is profitable for us, let’s do it. We have excess electricity. Let them make this cryptocurrency and so on.”Belarusian President Lukashenko addresses his new government. Source: BelTAThe head…

Quick take: The Series A round brings the total raised to $18.75 million, following previous investments from YZi Labs (Binance Labs), Hack VC and No Limit Holdings. All Infrared fundraisings to date have been structured as simple agreements for future tokens (SAFTs), co-founder and CEO Raito Bear told The Block. The company plans to use some of the capital to expand its team, including hiring a development and operations engineer and a head of DeFi APAC. Berachain-based liquid stalking protocol, Infrared has raised $14 million in a Series A round led by Framework Ventures. The fundraising also attracted participation from…

THORChain generated more than $5 million in total revenue after the protocol’s asset swap volume hit record highs, driven by the exploiter behind the $1.4 billion Bybit hack.Centralized crypto exchange Bybit was hacked for over $1.4 billion worth of crypto on Feb. 21 in the largest hack in crypto history.The North Korean state-affiliated Lazarus Group, identified as the main suspect by blockchain security firms, continued laundering the stolen funds, using crosschain asset swap protocol THORChain for a significant part of the transfers.Since the exploit, THORChain has processed more than $5.4 billion in total swap volume, generating about $5.5 million in…

The company that created the Bored Ape Yacht Club (BAYC) NFTs, Yuga Labs, is celebrating a significant court win. Without pursuing any enforcement measures, the US Securities and Exchange Commission (SEC) has formally concluded its investigation into the company. This decision brings an end to a probe that lasted more than three years and questioned whether Yuga Labs’ NFT sales and its ApeCoin (APE) token should be classified as securities. The SEC Probe And Its Purpose The SEC first launched its investigation into Yuga Labs in October 2022. At the time, regulators were looking into whether BAYC NFTs and ApeCoin…

Think of any video game genre, and you can be assured that it has found a Web3 counterpart in recent years. FPS titles, platformers, trading card games, RPGs, MMOs – they’ve all seen the Web3 treatment. Whilst individual games in each of these genres has seen success, one genre of games in particular has captured regular acclaim – sports.Sports games are perfectly suited to Web3 gaming. Combining team-building, strategy, management and more, it’s a genre that seems purpose-built for Web3 integration. More than any other genre, it is Web3 sports games that have done the most to onboard traditional gamers…