Author: Yeek.io

Homepage > News > Business > Ohio bares tax bill; South Dakota pulls plug on BTC reserve The election of Donald Trump in his second term as president of the United States has kicked off a period of frenetic legislative and executive activity around digital assets, both in Washington, D.C. and at the State level. On Monday, Ohio introduced a bill that would prohibit the state legislature from imposing taxes on digital assets when used as a payment method, while lawmakers in South Dakota’s legislature deferred a vote that could have allowed the state to invest in BTC. Ohio tax…

GRVT, a self-custodial hybrid exchange, has integrated with CoinRoutes, a leading order execution management system, to enhance institutional access to decentralized trading. The partnership allows institutional traders to execute on-chain trading strategies using CoinRoutes’ trading infrastructure, reflecting the growing demand for institutional participation in decentralized finance. The integration comes as institutional interest in decentralized exchanges rises. In January 2025, mainstream DEXs recorded $454.1 billion in spot trading volume, according to a press release shared with crypto.news.  This is a 40% increase from $323.89 billion in December 2024. As institutions seek secure and compliant trading environments, hybrid models like GRVT’s —…

Today in crypto, California Democratic Party Representative Sam Liccardo is reportedly preparing to introduce the MEME Act in the US House of Representatives, which would ban the issuance of memecoins like TRUMP by public officials, Gemini co-founder Cameron Winklevoss says the US securities regulator has dropped its two-year-long probe into the exchange, and a forensic investigation into the Bybit hack has pointed to a compromised developer’s credentials.House Democrats propose bill to ban presidential memecoins: ReportThe US Congress is reportedly set to consider legislation that would ban the issuance of memecoins like President Donald Trump’s Official Trump (TRUMP) token.House Democrats are…

Today in crypto, California Democratic Party Representative Sam Liccardo is reportedly preparing to introduce the MEME Act in the US House of Representatives, which would ban the issuance of memecoins like TRUMP by public officials, Gemini co-founder Cameron Winklevoss says the US securities regulator has dropped its two-year-long probe into the exchange, and a forensic investigation into the Bybit hack has pointed to a compromised developer’s credentials.House Democrats propose bill to ban presidential memecoins: ReportThe US Congress is reportedly set to consider legislation that would ban the issuance of memecoins like President Donald Trump’s Official Trump (TRUMP) token.House Democrats are…

Este artículo también está disponible en español. The largest cryptocurrency in the world, Bitcoin has plunged a dramatic 11% from its all-time high. Although some investors might find this price devaluation alarming, historical data indicates that it is really small in respect to the other market cycles of the cryptocurrencies. The past price trends of Bitcoin show several abrupt declines and rises; volatility is always present. One has to consider the context of this most recent decline in order to evaluate its future course. Related Reading Bitcoin price trapped in the red zone in the last week. Source: Coingecko Historical…

Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan.According to Cyvers, other flagged addresses received about $4 million in cryptocurrencies, primarily in Ether (ETH)-linked tokens.The digital assets suspected to have been stolen included 113 ETH, valued at over $265,000 at the time of writing, 923 WETH, 301 ezETH, 156 weETH, 90 pufET, 48,400 MASK, 50,000 USDt (USDT) and 15 swETH.Tracing the compromised transaction flow. Source: Cyvers AlertsFollowing the initial compromise, the funds were then swapped to ETH and funneled through six different wallet addresses, with one of the offending…

Whales have caused significant selling pressure, with Ethereum testing critical support levels. Active addresses and rising transaction counts suggest Ethereum may regain market momentum soon. Whales have sold over 440,000 Ethereum in the past week, causing a significant shift in the market. Recent reports showed that one wallet sold 8,074 ETH at an average price of $2,431, while another transferred 10,000 ETH worth $23.44 million to Binance in just two days.  Ethereum’s [ETH] price at press time stood at $2,354.64, marking a 5.46% drop over the last 24 hours. This large-scale panic selling has raised concerns, but some investors believe…

Bitcoin’s price drop led to more than $2.16 billion in realized losses, with most of them coming from recent BTC buyers. In a recent analysis thread, Glassnode found that between Feb. 25 up until Feb. 27, traders lost more than $2.16 billion in realized losses due to the crypto crash that started on Feb. 25 when the price of BTC (BTC) dropped below $90,000 for the first time since November 2024. The platform breaks down the losses suffered by traders based on when they bought BTC and the market impact of the recent crypto crash compared to previous market spike…

Today in crypto, California Democratic Party Representative Sam Liccardo is reportedly preparing to introduce the MEME Act in the US House of Representatives, which would ban the issuance of memecoins like TRUMP by public officials, Gemini co-founder Cameron Winklevoss says the US securities regulator has dropped its two-year-long probe into the exchange, and a forensic investigation into the Bybit hack has pointed to a compromised developer’s credentials.House Democrats propose bill to ban presidential memecoins: ReportThe US Congress is reportedly set to consider legislation that would ban the issuance of memecoins like President Donald Trump’s Official Trump (TRUMP) token.House Democrats are…

As Ethereum’s Pectra upgrade gets closer, Alchemy’s Will Hennessy talks about why EIP-7702 isn’t for beginners and what blockchain developers need to be aware of. Ethereum developers have announced that the highly anticipated Pectra upgrade will launch on April 8. The update will introduce new mechanisms aimed at boosting Ethereum’s transaction processing speed, reducing gas fees, and adding smart accounts that can execute multiple transactions simultaneously and even pay gas fees with different cryptocurrencies. While the update is set to go live on the mainnet in April, it has already been rolled out on Ethereum’s Holesky testnet, though the rollout…