Author: Yeek.io
MetaMask is set to launch a key update that will bring smart contract capabilities and provide native support for Bitcoin and Solana networks. The announcement, made on Feb. 28 through Metamask’s official X account, marks a major update for the wallet, which has primarily focused on the Ethereum (ETH) ecosystem. The update will include a redesigned user interface, the ability to manage several seed phrases in a single wallet, and abstracted gas fees, which will enable users to pay for transactions using any token rather than ETH. We’re overhauling the MetaMask UI/UX. 🦊Not only that, we’re bringing in developments that…
Pump.fun X Account Secured: Investigation and Security Measures ExplainedControl of the X account has been regained. Based on the current findings, the compromise was limited to this account. No other accounts or systems were affected.The team followed strict security protocols and industry best practices to secure the X account. The exact method of attack remains unknown, but available evidence suggests the team was not at fault.The compromise was detected at approximately 15:20 UTC on February 26, 2025. No email notifications were received about changes to email, password, delegation, or two-factor authentication (2FA). The email linked to the X account was…
An exchange-traded fund (ETF) designed to offer leveraged long exposure to shares of Strategy, formerly MicroStrategy, is down approximately 81% since peaking on Nov. 20, according to The Kobeissi Letter. The T-REX 2X Long MSTR Daily Target ETF (MSTU) lost some 40% of its value in the past three trading sessions alone, the investment researcher said in a Feb. 26 X post. Shares of MSTR, Strategy’s stock, dropped roughly 20% over the same period, according to data from Google Finance. “Leverage ETFs are seeing massive downswings,” The Kobeissi Letter said. Leveraged ETFs add additional risk to MSTR and tend to underperform due to the…
Ethereum’s market displayed intriguing dynamics, hinting at a potential recovery. ETH’s volatility over the past month peaked at 81.61%, and then, dipped to 45.87%. Ethereum’s [ETH] market recently displayed intriguing dynamics, hinting at a potential recovery. Whales, Smart Money (SM), and Small DEX Traders (SDTs) showed varying levels of buying activity on decentralized exchanges (DEXs). Does this mean ETH is bound to surge? Analyzing whale and retail buying trends The DEX market on Ethereum revealed a recovery signal, particularly from whales, over 24 hours. Whales’ buy volume reached $9.41 million, surpassing sell volume at $6.17 million, indicating strong accumulation. Source:…
According to a recent report by Dawn, Pakistan is set to establish a National Crypto Council to oversee digital asset regulation in the country. This decision marks a significant policy shift as Pakistan moves toward embracing cryptocurrencies, a stance that contrasts with its previous resistance. Pakistan To Create Crypto Council Since US President Donald Trump’s victory in the November 2024 election, countries around the world have been steadily adopting a more favorable attitude toward digital assets. Trump’s campaign had strongly advocated for crypto-friendly regulations, and his administration has followed through with policies supporting digital assets. Against this backdrop, Pakistan has…
Social media mentions of crypto dip buying have rocketed to their highest level since last July amid a crypto market rout that recently sent Bitcoin under $80,000.Santiment’s social sentiment tracker found that traders’ discussions on various social media channels like X, Reddit and Telegram between Feb. 25 and 26 are “showing a very high level of confidence” that this dip is the “the one to buy,’” the platform said in a Feb. 28 post to X.It’s the highest level of crypto dip-buying interest in seven months, it added. Bitcoin dropped below $90,000 on Feb. 25, a day after US President Donald…
What is RedStone Oracles, and why does it matter in a rapidly evolving crypto ecosystem? RedStone is a modular oracle network delivering critical data to various EVM and non-EVM chains. As decentralized finance grows, reliable off-chain data is essential for everything from lending protocols to sophisticated derivatives.RedStone Network focuses on scalability and flexibility, enabling cross-chain DeFi while ensuring developers have the precise information they need—on any network. In this article, we delve into the fundamental features of RedStone, its approach to addressing the “oracle problem,” and the contributions of the recently launched RED token.What is RedStone? RedStone is a cutting-edge Oracle…
Homepage > News > Business > Saudi Arabia’s Web3 alliance; Dubai warns against memecoins Saudi Arabia has launched a new Web3 alliance designed to improve the pace of digitization in the Gulf nation, drawing participants from a pool of global and local ecosystem players with streaks of government support. According to a press release report, the new association will support the Saudi government’s existing efforts to improve adoption levels for blockchain technology and Web3 solutions. Dubbed the Web3 Alliance of Saudi Arabia (WASA), the body has its sights set on moving tech adoption in the country, targeting enterprise and individual…
Hyperliquid, the decentralized perpetual futures trading platform, has overtaken Solana in weekly fees just a few months after its launch. According to DefiLlama’s Feb.28 data, Hyperliquid (HYPE) made $12.61 million in fees over the last week, more than Solana’s (SOL) $11.8 million. This was the case even though Solana’s $7.1 billion total value locked is ten times greater than Hyperliquid’s $669 million TVL. Hyperliquid’s TVL has increased by 294% since December and by 55% since January. Hyperliquid’s decentralized finance-native trading features are responsible for its success. The platform provides traders with a fully on-chain order book, zero gas fees, and…
Bitcoin lost $6,000 in a few hours, plunging below $83K during a severe sell-off. Ethereum crashed by nearly 15%, driven by massive liquidations and trade war concerns. President Donald Trump’s victory initially fueled strong bullish momentum in the crypto market. However, the landscape has since shifted, with unprecedented volatility gripping digital assets. Major cryptocurrencies like Bitcoin [BTC] and Ethereum [ETH] have experienced extreme price swings. The frequency of flash crashes has surged, wiping out billions in market value. Since January, these rapid declines have become more frequent, raising concerns among investors. With Trump’s new tariff threat on the EU, the…