Author: Yeek.io

Jupiter has officially begun its first JUP token buyback, with on-chain data confirming that 4.88 million JUP worth $3.33 million have already been repurchased.  The Feb. 26 buyback was reported on X by popular on-chain analyst AI姨, who flagged Jupiter’s (JUP) Litterbox address used for all buyback transactions. The buyback is the first step in Jupiter’s larger strategy to repurchase JUP tokens with 50% of protocol fees. https://twitter.com/ai_9684xtpa/status/1894587658359509255?s=46&t=nznXkss3debX8JIhNzHmzw The buyback initiative, which was unveiled on Feb. 13, intends to reduce the number of tokens in circulation by locking repurchased tokens for three years and generating consistent buying pressure. The cryptocurrency…

Web3 hiring in Q4 showed an 80% year-over-year increase but dipped 13% on a quarter basis, with U.S. election impacts lagging behind seasonal trends. In Q4 2024, crypto companies added 788 jobs, up from 436 in Q4 2023, though hiring slowed from Q3’s 902 roles, with a small boost in November and election-driven shifts expected in the first half of 2025, says Zackary Skelly, head of talent at Dragonfly Capital. In an X thread on Feb. 25, Skelly said the venture capital firm saw the “standard seasonal dip” with candidates “mostly networking vs actively applying.” Despite the dip, interest in…

Meme coins have exploded in popularity, and Solana (SOL)—with its lightning-fast transactions and ultra-low fees—has become a top choice for creators looking to launch a viral crypto token. If you’ve ever wondered how to create a meme coin on Solana, this comprehensive guide will walk you through every step of the process. We’ll cover everything from conceptualization and branding to token creation, smart contract deployment, and effective marketing strategies. By the end of this article, you’ll have a clear roadmap to launch your very own Solana meme coin. Why Choose Solana for Your Meme Coin? Solana stands out among blockchains…

Este artículo también está disponible en español. In a memo released on February 25, 2025, Matt Hougan—Chief Investment Officer (CIO) at Bitwise Asset Management—drew striking parallels between today’s crypto market and what he observed in July 2024. Titled “Short-Term Pain, Long-Term Gain (Redux),” Hougan’s latest analysis suggests that, despite the current pullback, the industry’s underlying fundamentals remain as compelling as ever. Crypto Echoes Of July 2024 Hougan opened his memo by recalling the environment in July 2024, when he penned an earlier piece called “Short-Term Pain, Long-Term Gain.” Back then, crypto markets were reeling: “Bitcoin, which had peaked above $73,000…

Understanding Ethereum RestakingStaking involves locking up cryptocurrency to support network security and earn rewards. Ethereum 2.0 introduced proof-of-stake (PoS), where validators stake ETH to confirm transactions and maintain the blockchain. Restaking builds on this concept, allowing staked ETH to secure additional blockchain services beyond Ethereum’s core network.EigenLayer is the primary protocol enabling Ethereum restaking. It enables validators to protect other blockchain networks and decentralized apps (dApps) by using the Ethereum they have staked. This increases the security of the entire blockchain and provides validators with more chances to get staking rewards.How EigenLayer Enables RestakingEigenLayer acts as a middleware layer that…

Vitalik Buterin has called on researchers to join the Poseidon cryptographic analysis program as Ethereum explores the potential switch to the Poseidon hash function to enhance its zk-proof capabilities. In his recent post on X, Vitalik Buterin, a co-founder of Ethereum (ETH), has encouraged researchers to join the Poseidon cryptographic analysis program. Vitalik is considering switching to the Poseidon hash function to improve how it works with zk-provers (tools for verifying transactions privately). To help make this decision, Ethereum  wants more information about Poseidon’s security, and they’ve extended the deadline to apply for the funding program to March 15. Highly…

Ethena successfully raised $100 million in fundraising to fund its new TradFi token called iUSDE. Explore more to learn about this strategic move of Ethena. Ethena Fundraising Drives TradFi According to Bloomberg, Ethena, a DeFi protocol, has just completed a $100 million fundraising round from major investment funds, including Franklin Templeton, F-Prime Capital, Dragonfly Capital, Polychain Capital, and Pantera Capital.The new funding will help Ethena expand the adoption of its stablecoin USDe and develop iUSDe, a stablecoin specifically designed for traditional financial institutions. Additionally, Ethena plans to launch its blockchain, leveraging the raised capital to grow its ecosystem.The Ethena Labs development team…

While Africa is often seen as the cradle of crypto adoption, the largest economy on the continent, South Africa, is one of the leading countries in the region in terms of crypto adoption and regulation. The new report published by the local financial regulator highlights the bright prospects for the South African DeFi sector. The goal of the study On Feb. 20, 2025, the Financial Sector Conduct Authority released a study called Market Study on Decentralized Finance (DeFi) in South Africa. The study is based on a survey of crypto asset service providers and aims to assist local regulators to…

Journalist Posted: February 26, 2025 UNI has achieved regulatory clarity after the SEC closed its investigation.  One of the largest whale cohorts accumulated 10M UNI after the update.  The new U.S. SEC has officially closed its investigation against Unsiwap[UNI] Labs and plans no further enforcement action.  Last April, the previous SEC served the firm behind popular Uniswap DEX with a Wells Notice, claiming it operated an unregistered security exchange and security (UNI token). A win for DeFi? Fast-forward to February 2025, Uniswap Labs has been vindicated under the new administration. The firm termed it a ‘win for DeFi,’   “The conclusion…

Ondo Finance has launched a campaign on Sui’s NAVI Protocol to drive adoption of its yield-bearing stablecoin USDY.  Ondo Finance (ONDO) has launched a new campaign in collaboration with NAVI Protocol, aiming to encourage more people to use its stablecoin USDY, a tokenized US Treasury yield coin by Ondo Finance. Running from Feb. 26 to March 12, the initiative offers participants a chance to earn rewards by supplying liquidity for USD (depositing it into NAVI Protocol).  Participants earn points based on their liquidity contributions, making them eligible for a share of the rewards, which will be paid in NAVX and…