Author: Yeek.io

The Ethereum Foundation (EF) is donating more than a million dollars to help Tornado Cash developer Alexey Pertsev with his legal defense. The contribution follows the developer’s supervised release to prepare to appeal his money laundering conviction in the Netherlands. Ethereum Foundation Aids Alexey Pertsev’s Defense On Wednesday, the Ethereum Foundation announced its $1.25 million donation to Alexey Pertsev’s legal defense. In an X post, the Foundation shared their contribution to the Tornado Cash developer, affirming that “privacy is normal, and writing code is not a crime.” EF pledges $1.25 million to support Tornado Cash’s developer. Source: Ethereum Foundation on…

1Chipotle has launched a new initiative in the metaverse, using a short film to promote sustainable agriculture. The campaign, called “Unfolded,” premiered in a national TV ad and within the virtual world of Roblox.  The 60-second ad focuses on agrivoltaics, a method that combines agriculture with solar energy production. Chipotle’s goal is to generate awareness about the future of sustainable food production. “How we grow our food is how we grow our future,” said Chris Brandt, Chief Brand Officer at Chipotle.   In the metaverse experience, users meet a Chipotle employee in the Burrito Builder world. They receive instructions to start a quest…

Over the past 24 hours, the price of Chainlink (LINK) triggered a minor buying pressure as it surged toward the high around $16. However, bears are strongly defending an immediate push in the price chart. The fear/greed index has dropped, now showing a fear sentiment at level 20. Meanwhile, Chainlink’s trading volume has declined by 21.8% in the last 24 hours, reaching $661 million. Looking at the longer trend, LINK’s price has been declining since mid-December, dropping from a high of $31 to about $15 on 3 February. In recent weeks, LINK price has been under strong bearish pressure following…

Este artículo también está disponible en español. Bitcoin (BTC) has experienced one of its largest price pullbacks in recent times, plunging from $96,131 on February 24 to a potential local bottom of $85,418 today. The decline triggered liquidations exceeding $1.5 billion, with the majority coming from long positions. Is It Time To Buy Bitcoin? The recent price action suggests that the crypto market is reacting to bleak macroeconomic conditions, driven by US President Donald Trump’s proposed trade tariffs and a hawkish stance from the US Federal Reserve (Fed).  The total crypto market cap has now fallen below $3 trillion for…

Este artículo también está disponible en español. Bitcoin (BTC) is currently trading just below $88,000, a significant drop from its all-time high of $109,000 earlier this year. Over the past month, the leading cryptocurrency has faced a steady decline, slipping nearly 15% and showing limited signs of a rebound. While this bearish trend has many investors concerned, one CryptoQuant analyst, BilalHuseynov, recently shared his perspective on Bitcoin’s current state using the Retail Investor Demand (RID) indicator. Related Reading Bitcoin Retail Investor Demand at a Crossroads BilalHuseynov’s analysis focused on Retail Investor Demand (RID). This metric, which gauges retail interest and…

Potential of MyShellMyShell is a decentralized AI consumer layer that bridges the gap between users, AI agent developers, and open-source researchers. It starts as an inclusive platform that allows anyone to create, distribute, and earn from their AI agents.It contains value infrastructure to encourage builders to create AI Agents effortlessly and be able to earn from them.MyShell ProductsSelf-Developed Open-Source AI Models: MyShell has created multiple open-source AI models, including text-to-speech and large language models. Over time, more existing technologies will be open-sourced and made available for seamless integration.AI Agent Development Platform: It provides an intuitive platform for individuals to build…

Homepage > News > Business > Blockchain adoption in German ventures in dire state: study The Hanseatic Blockchain Institute has published a comprehensive study on blockchain as a technology in the German economy. The Federal Ministry for Economic Affairs and Climate Protection funded the research and, therefore, has a policy-oriented view. The study provides a comprehensive overview of the current level of adoption, opportunities and advantages, and obstacles that make adoption difficult. However, it has a major blind spot, which arises from the fact that companies that do not use blockchain or are planning or discussing its use were not…

Spot Bitcoin ETFs in the United States recorded their seventh consecutive day of outflows on Feb. 26, with BlackRock’s IBIT seeing its highest single-day withdrawals since launch. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $754.53 million in net outflows on Wednesday, following the $1.14 billion net redemptions seen the previous day. BlackRock’s IBIT led the outflows, with $418.06 million exiting the fund, marking its highest net outflow day post-launch. Fidelity’s FBTC followed, with $145.69 million in outflows, extending its streak to seven consecutive days of redemptions. While no Bitcoin ETFs recorded positive inflows on the day,…

London e-commerce logistics startup Relay has raised a $35 million (£27.6 million) financing round from Plural VC, the venture capital firm created by Ian Hogarth and Taavet Hinrikus. The funding will be used to expand Relay’s AI and machine learning capabilities to drive down delivery costs and streamline online shopping logistics.  With retailers losing over $18 billion annually due to shopping cart abandonment, primarily driven by high delivery costs, Relay aims to solve this issue by transforming outdated delivery networks. The company has developed a “decentralized delivery model” using hyperlocal nodes, which significantly reduces shipping distances, consolidates deliveries, and lowers…

Journalist Posted: February 27, 2025 Litecoin’s technical breakout above its descending channel confirms a bullish reversal amid rising investor conviction. Market sentiment signals further price uptrend as Open Interest rises alongside decreasing exchange netflows. Litecoin [LTC] has seen renewed interest from large-scale traders amidst recent volatility in the crypto market. At press time, LTC was trading at $125.29, a 12.86% price surge despite a decrease in trading volume in the last 24 hours. With this breakout and Litecoin’s market sentiment, will the altcoin maintain its bullish momentum? Litecoin’s price action Litecoin has been trading in a descending channel on the…