Author: Yeek.io

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. When people talk about zero-knowledge cryptography in 2024, they’re often referring to a privacy-focused use case that relies on a combination of blockchain technology, cryptocurrencies, digital wallets, and users with some degree of web3 knowledge.  Zero-knowledge proofs have existed since the 1980s, long before the advent of web3. So why limit their potential to blockchain applications? Traditional companies can—and should—adopt ZK technology without fully embracing web3 infrastructure. At a basic level, ZKPs unlock the ability to prove…

In recent weeks, the Securities and Exchange Commission (SEC) has been on a dismissal spree. First Coinbase, then Consensys, Gemini and OpenSea. Yesterday, it was Kraken. One by one, virtually every high-profile enforcement action of the era of former SEC chair Gary Gensler has fallen.This signals to the cryptocurrency industry that US President Donald Trump’s administration will not govern like the last. Indeed, Commissioner Hester Peirce, who is currently serving as head of the SEC’s Crypto Task Force, released a public statement explaining that the SEC would not be regulating by enforcement anymore: “The decision by the previous Commission to shift…

The market intelligence platform IntoTheBlock has revealed where the next major obstacle for Bitcoin could lie, according to on-chain data. Bitcoin Has A Major Supply Wall Between $95,400 & $98,200 In a new post on X, IntoTheBlock has discussed about how the various BTC price ranges are looking in terms of on-chain resistance and support. In on-chain analysis, the strength of any support or resistance range is assumed to lie in the amount of supply that was last purchased/transacted by investors at price levels falling in said range. That is, strong support/resistance ranges carry the cost basis of a large…

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…

A day that was not overly positive for the market followed the unexpected excitement caused by President Donald Trump’s announcement regarding a strategic crypto reserve fund consisting of BTC, ETH, SOL, ADA, and XRP. On the morning of March 4, the crypto market continued to witness a widespread “red”, leading to skepticism and a wave of sell-offs across crypto markets, which can be attributed to a combination of factors based on current market dynamics and recent events.How did the market dump?According to CoinMarketCap, Bitcoin price surprisingly declined this morning (March 4, 2025) (U.S time). In 24 hours, the price of…

THORChain generated more than $5 million in total revenue after the protocol’s asset swap volume hit new 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 these transfers.Since the exploit, THORChain has processed more than $5.4 billion in total swap volume, generating approximately $5.5 million…

Onyx Protocol has launched a Layer 1 blockchain, powered by XCN token, to drive institutional blockchain adoption for transaction processing. Onyx Protocol (XCN) has just launched the Onyx Goliath Project, a Layer 1 blockchain network built for banks, financial system providers, and financial institutions. The main objective of the Goliath Project is to provide a blockchain solution that meets the financial sector’s strict requirements while offering near-instantaneous transaction speeds to institutions that are interested in using blockchain for payment processing. Specifically, the Goliath Layer 1 aims to achieve transaction speeds comparable to traditional networks like Visa. To put it into…

A crypto strategist known for making timely Bitcoin calls believes that a deeper drawdown is now on the table for BTC. Pseudonymous analyst Credible tells his 464,800 followers on the social media platform X that he now expects Bitcoin to go below its recent low of $78,000 after failing to reclaim $90,000 as support. While the trader is short-term bearish on BTC, he says that the pullback will be a golden opportunity for long-term investors. “At the moment, it’s looking like we may get a full retracement on BTC which should result in similar pullbacks across the board and some…

Bitcoin (BTC) price has declined by more than 8.5% over the last 24 hours days after rallying to $95,000 on Sunday, March 2.Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin suddenly dropped from a high of $94,422 on March 3 to an intra-day low of $82,450 on March 4.BTC/USD daily chart. Source: TradingViewBitcoin’s price drop coincides with a marketwide drawdown fueled by the implementation of trade tariffs imposed by US President Donald Trump’s administration on imports from Mexico, Canada and China. Related: Bitcoin no longer ‘safe-haven’ as $82K BTC price dive leaves gold on topThe ensuing…

Este artículo también está disponible en español. In a swift and dramatic reversal, crypto markets have shed hundreds of billions of dollars in the space of just one day, raising questions about the sustainability of recent gains spurred by the surprise announcement of a new US Crypto Reserve. At the peak of the initial rally—shortly after former President Donald Trump’s Sunday statement unveiling the Reserve—total crypto market capitalization soared from approximately $2.7 trillion to $3.1 trillion. But, as of the latest readings, those gains have not just evaporated; the market now stands at around $2.6 trillion, even lower than it…