Author: Yeek.io

​Hamster Network is processing 34,028 transactions per second, positioning itself among the fastest blockchain platforms.  This performance surpasses other notable blockchains, such as Aptos (APT), with a maximum recorded TPS of 11,936, Solana (SOL) at 7,229, and Algorand (ALGO) at 5,716, according to data seen by crypto.news. Hamster Kombat (HMSTR) developers are working to create utility for the token. They recently launched a layer-2 network on the TON (TON) blockchain aimed at improving transaction speeds and lowering costs. Hamster Kombat’s larger transaction volume  In simple terms, a blockchain is a digital ledger that records transactions across a decentralized network of…

US legislators are drafting a Congressional Review Act (CRA) to counter the Internal Revenue Service’s (IRS) broker rules, which require DeFi players to share user information with the agency.Republican Senator Ted Cruz is spearheading the push to file the CRA, which would reverse the IRS rule. The first vote was scheduled for March 5, but scheduling issues, such as the State of the Union address, could postpone proceedings.The IRS broker rule, finalized last year, expands the definition of a “broker” to include DeFi developers and front-end platforms.This means such platforms have to monitor user actions, report the transactions, and implement…

Quick take: Bain Capital Crypto, Coinbase Ventures and Multicoin Capital also participated in the round, with Sina Habinian joining as an angel investor. The fundraising was secured across two rounds with the first round closing in the first quarter of 2024 and the second in the fourth quarter. The latest funding brings the total raised to $51 million, following a $10 million token round announced in November 2022. Across Protocol has raised $41 million in a private token sale led by Paradigm, with participation from Bain Capital Crypto, Coinbase Ventures and Multicoin Capital. Podcaster Sina Hibinian joined the round as…

The President’s plan to back a U.S. crypto reserve without BTC has sparked intense debate Initial price surges for XRP and ADA quickly faded, prompting accusations of a politically motivated pump-and-dump scheme Donald Trump’s bold push for a U.S. crypto reserve brought crypto to the fore officially, but not in the way many expected. Instead of focusing solely on Bitcoin [BTC], as he once proposed, Trump’s plan includes XRP, Cardano [ADA], and Solana [SOL] — a move that has ignited fierce debate among crypto leaders and traders alike. Initially, the market reacted with enthusiasm, driving up prices for these altcoins…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Why the Backlash?Several tech and crypto leaders are questioning the plan. Here’s why:Taxpayer Money: Critics argue that using taxpayer funds to support speculative digital assets is risky.Obscure Tokens: The inclusion of Solana, XRP, and Cardano raises questions. These tokens are less widely accepted and some believe they were chosen due to personal ties within Trump’s administration.Lack of Details: The announcement was vague, leaving investors uncertain about how the reserve would work.The backlash isn’t limited to crypto skeptics. Even pro-crypto voices have criticized the plan. Joe Lonsdale, a tech entrepreneur, tweeted that it was wrong to tax people for what he…

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…