Author: Yeek.io
A district court judge has dismissed the US securities regulator’s lawsuit accusing Hex founder Richard Heart of raising over $1 billion through unregistered crypto offerings and defrauding investors of $12.1 million.Heart, whose real name is Richard Schueler, was also accused of spending those allegedly stolen funds on luxury items — including the world’s largest black diamond.However, Judge Carol Bagley Amon said those alleged deceptive acts couldn’t be decided on as the Securities and Exchange Commission failed to establish that the US had jurisdiction over Heart’s crypto activities — which she said were global in scope and not specifically targeted at…
When it comes to meme tokens, Dogecoin has made its mark, but can it continue to rise, or will it be outpaced by newer players? No one knows what the Dogecoin price prediction is.In my experience, crypto investing can feel like a rollercoaster, but there’s one coin that’s caught my attention lately: Dawgz AI.With its unique AI-powered trading bots, Dawgz AI is shaking up the market, offering insane ROI potential while capitalizing on Ethereum’s impressive smart contract platform.Forget the uncertainty around Dogecoin, Dawgz AI is where I’m putting my trust for steady, sustainable profits.The Appeal of Dogecoin: A Meme Coin…
Virtuals Protocol, an AI agent platform enabling the creation and monetization of AI-driven virtual entities on the blockchain, has seen its daily trading revenue plummet by 96.8% despite expanding from Coinbase’s Ethereum layer-2 Base to Solana.According to Dune Analytics data, the protocol recorded its highest daily revenue of over $1 million on Jan. 2, but that figure had dropped to less than $35,000 as of Feb. 27.Revenue from the Base virtual app has been particularly weak, with earnings remaining below $1,000 for 10 consecutive days, declining from its daily peak of $859,000 on Oct. 27, 2024. In total, Virtuals generated…
House Democrats plan to ban top federal officers from memecoins through MEME Act. Legislators claimed that TRUMP benefited the president at the expense of Americans. In a direct swipe at TRUMP memecoin, the U.S. House Democrats plan to stop the president and other government officials from issuing or promoting memecoins. According to Californian Democrat representative Sam Liccardo, the Modern Emoluments and Malfeasance Enforcement (MEME) Act would address the problem. “Today, I introduced the MEME Act, which prohibits top federal officials from issuing, sponsoring, or promoting a security, commodity, or digital asset with criminal and civil penalties.” TRUMP vs. MEME Act…
Top US-based crypto exchange platform Coinbase is abruptly adding support for one decentralized finance (DeFi) lending protocol built on Ethereum (ETH) and Base. In a new announcement, Coinbase says it’s adding support for borrowing and lending project Morpho (MORPHO), causing the digital asset to rise in price. News of the addition sent MORPHO flying as the crypto asset went from a low of $2.05 on February 27th to a peak of $2.42 just a day later. MORPHO has since stabilized and is trading for $2.21 at time of writing, a 7.9% gain during the last 24 hours. Morpho, which launched…
Recent reports revealed that Ukraine’s lawmakers “remain debating” crypto tax rates amid the government’s push to legalize digital assets this year. An expert suggested that the upcoming bill could take longer than expected as the parliament considers lower taxation. Ukraine’s Crypto Legalization Could Take Until Next Year In a Thursday interview with local news media, Taras Kozak, a member of Ukraine’s securities regulator advisory group, shared new details on Ukraine’s efforts to legalize cryptocurrencies this year, the potential timeline, and tax rates on digital assets’ income. The expert disagreed with Danylo Hetmantsev, head of the Verkhovna Rada’s Committee on Finance,…
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…
As Bitcoin retreats to $80K, major altcoins have followed suit and retracted today. However, smart investors are using this dip as an opportunity to capitalize on the market’s volatility and take bigger positions for the next leg up.With that in mind, this article explores the best crypto to buy now.SolaxySolaxy is building the world’s first Solana layer 2 blockchain. The project will handle Solana transactions on a separate network, using transaction bundling technology to increase scalability.While Solana is highly scalable, it continues to suffer from congestion issues during peak activity. For instance, when Donald Trump launched his meme coin on…
The Bybit exploiter managed to launder over 50% of the stolen funds within a week since it hacked the exchange, despite onchain analysts exposing their identity.Centralized crypto exchange Bybit was hacked for over $1.4 billion worth of crypto on Feb. 21, marking the largest hack in crypto historyThe Bybit exploiter has already laundered over $605 million worth of Ether (ETH), or more than 54% of the total stolen funds, according to Lookonchain. The crypto intelligence platform wrote in a Feb. 28 X post:“So far, the #Bybit hacker has laundered 270K $ETH($605M, 54% of the stolen funds) and still holds 229,395…
Dogecoin whales bought the dip by accumulating more than 530 million DOGE DOGE entered the order block zone, an area with a large concentration of limit orders waiting execution Dogecoin (DOGE) accumulation by whales has been on the uptrend lately. In fact, figures for the same have climbed from 23.55 billion DOGE to around 24.46 billion DOGE in just under a month. This hike included a net accumulation of about 530 million DOGE in the last 3 days alone. As the price of DOGE fell, particularly after mid-February, the total DOGE held by these whales rose sharply – Indicative of…