Author: Yeek.io

Winklevoss twin-led Gemini is the latest crypto firm to shake off the U.S. Securities and Exchange Commission’s scrutiny, as the agency closed its probe after nearly two years. According to co-founder Cameron Winklevoss, the commission has decided not to pursue enforcement action against Gemini nearly 700 days after launching its investigation and 277 days after issuing a Wells Notice. On Monday, the SEC informed our litigation counsel @JackBaughman27 that it has closed its investigation into @Gemini and will not be pursuing an enforcement action against us. This comes 699 days after the start of their investigation and 277 days after…

Bitwise Asset Management, a leading crypto-specialist asset manager with more than $12 billion in client assets, has closed a $70 million equity funding round successfully. The round was led by Electric Capital, with notable support from MassMutual, Highland Capital, MIT Investment Management Company, Haun Ventures, ParaFi Capital, Khosla Ventures, General Catalyst, Blockchain Coinvestors, and Nikesh Arora, among others. Strengthening Crypto Asset Management in a Booming Market: This capital arrives at a critical juncture for Bitwise as well as the wider crypto asset management sector. The industry is seeing fast growth, driven by regulatory certainty, the rising popularity of decentralized finance…

TRON’s USDT supply climbed to an all-time high, marking a significant milestone in the blockchain’s growing dominance High CEX activity on TRON may be a sign of the blockchain’s strategic positioning within the market TRON’s USDT supply has climbed to an all-time high, marking a significant milestone in the blockchain’s growing dominance. As more investors and traders migrate their liquidity to TRON, its role in the broader crypto ecosystem will only strengthen. The hike in USDT supply is a sign of rising transaction volumes and deeper DeFi integration. Simultaneously, TRON’s on-chain activity has surged too, with active addresses increasing and…

On-chain data shows Floki is among the altcoins seeing the largest spike in whale activity, a sign that could be bullish for the memecoin’s price. Floki Has Just Seen A 450% Increase In Whale Transaction Count In a new post on X, the on-chain analytics firm has talked about how the various altcoins in the cryptocurrency sector have ranked against each other in terms of the Whale Transaction Count growth over the past day. The “Whale Transaction Count” here refers to an indicator that keeps track of the total number of transfers occurring on a given network that carry a…

Este artículo también está disponible en español. On Wednesday, Bitcoin (BTC) prices plummeted to a four-month low, reaching as low as $81,000, as the anticipated “Trump bump” in the markets faded. This has prompted investors and traders to hedge against further decreases, with Bitcoin options indicating a notable interest in put options with a strike price of $70,000.  Bitcoin Plummets 20% Since Trump’s Inauguration According to data from Deribit, the largest crypto options exchange, this strike price represents the second-highest open interest among all contracts set to expire on February 28, with a total of $4.9 billion in open interest…

Blockchain security experts uncovered a malicious mobile app that stole sensitive wallet data from users’ devices, leading to the theft of over $1.8 million in cryptocurrency. A fake app called BOM stole over $1.82 million in crypto by secretly accessing users’ private keys and mnemonic phrases, according to blockchain security firms SlowMist and OKX Web3 Security. In a Feb. 27 research report, SlowMist reported that the first unauthorized transactions with the app were noticed on Feb. 14. Analysis of stolen funds movement from the BOM creator across multiple DEXs | Source: SlowMist On-chain analysis showed identified main leaks, which led…

Recent technical signals for SUI point towards a potential surge of up to 30%. Meanwhile, XYZVerse has raised an impressive $8 million in its presale, reflecting strong investor enthusiasm. These developments raise a pressing question: is the cryptocurrency market on the verge of a revival? A closer look at these trends may reveal what’s ahead.XYZVerse: A Promising New Meme Project with High Potential for ReturnsXYZ grants you exclusive VIP access to a sports-driven, meme-fueled movement. It plays a crucial role in the XYZVerse ecosystem, enabling crypto enthusiasts to take advantage of the rising interest in meme coins.Every cause requires a…

Homepage > News > Business > Nigeria targets 75% digitalization of govt services Nigeria targets at least 75% digitalization of all government services by 2027, the country’s IT development agency has revealed, with blockchain among the technologies it has explored for enhanced efficiency and security. Nigeria has been on a digitalization journey for the better part of the last decade. Most recently, it renewed a partnership with the World Bank that seeks to issue 180 million digital IDs by 2026. The West African nation has also launched blockchain and AI roadmaps over the past two years. All these efforts will…

Journalist Posted: February 27, 2025 Solana’s new proposal could reduce inflation by 80%. Options traders eyed $120 amid increased bearish pressure.  A section of Solana[SOL] insiders has drummed support for the new proposal (SIMD-0228), stating that it would cut inflation significantly. In fact, according to Ryan Watkins crypto VC partner at Syncracy Capital, the move will slash inflation by 80%.  “Potential 80% inflation reduction coming to SOL soon.” Souce: Solana Inflation Is Solana overpaying for security? The SIMD (Solana Improvement Document)-0228 proposal aims to peg the Solana issuance rate to staking participation.  According to Vishal Kankani, a partner at MultiCoin…

Este artículo también está disponible en español. In a post on X today, crypto analyst Satoshi Flipper (@SatoshiFlipper) shared a daily chart of DOGE/USDT on Binance that highlights what he calls a “monster falling wedge.” The chart shows Dogecoin’s price moving within two converging trendlines—one descending from the coin’s recent swing highs, and the other descending at a shallower angle from its short‐term lows, forming a classic wedge structure. Buy Or Sell Dogecoin Now? According to the chart, Dogecoin is currently trading in the $0.21–$0.22 range, hovering just above the wedge’s lower boundary. This trendline extends from the coin’s mid‐December…