Author: Yeek.io

What is Cloud Mining and How Does It Work?Cloud mining is a process that allows users to mine cryptocurrencies like Bitcoin remotely using shared processing power hosted in a remote data center. This eliminates the need for individuals to manage mining hardware, as the rigs are maintained by the mining company. Users simply register for mining contracts to participate, making it a convenient option for those who want to mine without technical expertise or equipment management.The ease of access and flexibility offered by cloud mining have contributed to its growing popularity within mining communities. By creating an account with a…

Solana’s price continues to struggle under pressure from the growing memecoin market despite showing resilience following its largest-ever token unlock.Solana (SOL) fell over 45% since the Official Trump (TRUMP) memecoin was launched, from over $261 on Jan. 18 to $143 on March 2, TradingView data shows.The growing investor appetite for memecoins may be limiting Solana’s price performance, according to Dan Hughes, founder of the decentralized finance platform Radix.SOL/USDT, 1-day chart. Source: Cointelegraph/TradingViewMemecoins “don’t tend to draw in much external capital flow; instead existing eco-system capital “round-robins” from one meme to the next,” Hughes told Cointelegraph, adding:“Even in the case of…

The Swiss National Bank (SNB) has rejected the notion of incorporating Bitcoin into its reserves. The central bank has no interest in retaining the cryptocurrency, as it is too volatile and risky, according to SNB President Martin Schlegel. Price Swings Raise Concerns Schlegel cited Bitcoin’s unpredictable price fluctuations as a significant factor in the proposal’s rejection. According to him, the crypto does not satisfy the SNB’s requirements for stable and liquid assets for monetary policy. Cryptocurrencies are susceptible to abrupt collapses, rendering them unsuitable for use as a national reserve, he said. In recent years, BTC has experienced significant price…

Opinion by: Maxim Legg, founder and CEO of PangeaThe blockchain industry faces a crisis of its own making. While we celebrate theoretical transaction speeds and tout decentralization, our data infrastructure remains firmly rooted in 1970s technology. If a 20-second load time would doom a Web2 app, why are we settling for that in Web3?With 53% of users abandoning websites after just three seconds of load time, our industry’s acceptance of these delays is an existential threat to adoption.Slow transactions are not merely a user experience problem. High-performance chains like Aptos are capable of thousands of transactions per second. Yet, we…

North Korea’s Lazarus Group intensified efforts to launder funds from Bybit following what is considered the largest crypto hack in history at $1.4 billion. The cyberattackers moved another 62,200 ETH ($138 million) on March 1. This leaves them with just 156,500 Ethereum (ETH) remaining from the original theft, according to an analysis by crypto researcher EmberCN. The latest transfer brings the total amount laundered to approximately 343,000 ETH, which is close to 68.7% of the 499,000 ETH stolen during the Feb. 21 attack. Based on the current pace, EmberCN projects the hackers will clear the remaining funds within the next…

3DTTM Operations, the company handling U.S. President Donald Trump’s intellectual property rights, has filed a trademark application related to NFTs and the metaverse.The application, submitted on February 24, includes digital and virtual technologies. It covers software for managing cryptocurrency transactions, smart contracts, and market analysis secured by NFTs.It also mentions software for minting, collecting, and verifying NFTs, along with tools for authenticating digital images, videos, and certificates.Additionally, the filing includes digital representations of clothing, footwear, eyewear, and accessories for use in virtual spaces. It also details an online marketplace for NFT-authenticated assets, as well as stores offering both virtual and physical…

Opinion by: Maxim Legg, founder and CEO of PangeaThe blockchain industry faces a crisis of its own making. While we celebrate theoretical transaction speeds and tout decentralization, our data infrastructure remains firmly rooted in 1970s technology. If a 20-second load time would doom a Web2 app, why are we settling for that in Web3?With 53% of users abandoning websites after just three seconds of load time, our industry’s acceptance of these delays is an existential threat to adoption.Slow transactions are not merely a user experience problem. High-performance chains like Aptos are capable of thousands of transactions per second. Yet, we…

PEPE traders’ are over-leveraged at $0.00000765 on the lower side and $0.00000788 on the upper side. Exchanges have witnessed an outflow of $6.50 million worth of PEPE memecoins. On the 2nd of March, the overall cryptocurrency market appears to be recovering. Amid this, Pepe [PEPE], the third-largest memecoin, is showing signs of recovery after a sharp price drop. Current price momentum  With the ongoing price reversal, PEPE experienced a modest surge of over 1.50% in the past 24 hours and settled in to trade near $0.0000077 at press time. Despite the shift in market sentiment, the memecoin’s trading volume dropped…

The Ethereum Foundation welcomed new leadership to guide its next phase of growth. Danny Ryan has joined Etherealize to help drive global adoption and expand Ethereum’s reach. The Ethereum Foundation has announced major leadership changes that could reshape the future of the network. On the 17th of March, Hsiao-Wei Wang and Tomasz Stańczak will step into the role of co-Executive Directors, replacing former Executive Director Aya Miyaguchi. This shift in leadership marks a strategic effort to strengthen Ethereum’s growing ecosystem and guide the project through its next phase of development. Will this new leadership help Ethereum [ETH] regain momentum and…

Este artículo también está disponible en español. Dogecoin’s price action in the past 24 hours has been characterized by a struggle to hold above the $0.20 price level. Notably, this struggle above $0.20 comes after Dogecoin’s break below the level on the last day of February, marking the first time it traded below $0.20 since November 2024. From a technical outlook, this recent price crash aligns with a pattern that has preceded rallies for DOGE, with the meme coin essentially re-visiting its previous local peak. Dogecoin Price Revisits Local Peaks Before Another Breakout Dogecoin’s price crash to $0.20 could begin…