Author: Yeek.io

The concept of “Agentic AI” is currently dominating the tech landscape, with developers racing to integrate generative AI into various industries, and investors eager to back the most promising innovations. Perfect, a new startup based in Israel, is one of the latest companies to receive substantial funding in this sector, as its platform improves hiring processes using AI-based solutions. The firm has managed to raise $23 million in seed capital to develop its platform further and increase its coverage. A New Recruitment Approach with AI: Perfect is meant to serve as a co-pilot for recruiters, helping them craft job descriptions,…

A seasoned trader and analyst is warning that the future appears perilous for altcoins as the US stock market flashes worrying signs. The trader pseudonymously known as The Flow Horse tells his 9,120 Telegram subscribers that with the exception of Bitcoin (BTC), crypto assets could be at the “beginning of a depressing bear market.” According to the analyst, the pump-and dump-schemes linked to memecoins witnessed over the past few weeks are “massively overdone” and could mark the “jump the shark” moment for grifting in the crypto space. According to the trader, another reason that has made him bearish is the…

Heightened bearish pressure continues to hinder Bitcoin, causing its price to drop as low as $89,000 Today after a recent attempt to recover the pivotal $100,000 mark. With the current decline in price, many investors are witnessing significant losses in their BTC investments, increasing the likelihood of a sell-off. A Persistent Decrease In Bitcoin’s Realized Losses Bitcoin’s price recently experienced a notable decline considered to be triggered by broader market volatility. Following the pullback, on-chain expert and author Axel Adler Jr outlined a negative trend in BTC’s market dynamics as investors face mounting losses in their positions. This constant loss…

Este artículo también está disponible en español. Expert analysts at Bernstein, a top research and brokerage firm, have opined that the larger crypto market is set to move away from pure meme coins and back to segments with real utility. These include gaming, DeFi, and NFTs. Another interesting prediction from them comes in the form of a target for Bitcoin. They believe that with the new pro-crypto Trump administration pushing for a strategic Bitcoin reserve, the OG cryptocurrency’s price could cross the $200K mark by the end of 2025. $BTC is currently trading at $88,700. Where is this heading, and…

In the dynamic world of cryptocurrencies, meme coins have emerged as unexpected wealth generators, turning modest investments into substantial fortunes. Notably, tokens like PEPE and BONK have demonstrated remarkable growth trajectories, capturing the attention of investors worldwide.PEPE, inspired by the iconic “Pepe the Frog” meme, experienced a meteoric rise in the spring of 2023. Within a short span, its market capitalization soared to an impressive $1.6 billion, rewarding early adopters with significant returns and fostering a robust community around the token. Similarly, BONK, a Solana-based meme coin, has showcased extraordinary performance. Over a three-month period, BONK’s value surged by over 6,000%,…

Homepage > News > Business > Bybit reels from $1.5B hack by North Korea The record-setting hack of the Bybit digital asset exchange and the ensuing calls to roll back the Ethereum network (again) prove the need for proper legal recourse when customers are illegally deprived of their assets. Panic spread through the ‘crypto’ world on February 21 after Bybit was hacked for over $1.4 billion worth of Ethereum’s ETH token, the largest exploit of its kind—in crypto or beyond. The role of crypto Paul Revere was played by blockchain researcher @ZachXBT, who almost immediately flagged North Korea’s infamous Lazarus…

Matt Hougan, chief investment officer at asset manager Bitwise, says the crypto market’s current downturn marks the end of the meme coin boom. While Bitcoin (BTC) fell to a three-month low, dipping below $90,000, the Bitwise CIO believes the flagship digital asset will rebound. However, he is not as bullish on meme coins. According to Hougan, the meme coin frenzy, seen earlier this year with the likes of Official Trump and Official Melania, is nearing its end. He suggests this could happen within the next six months. “What crypto is digesting right now is the end of the  memecoin boom.…

Quick take: Dubbed the “Everyone Onchain Fund,” it is being launched to support mainstream Web3 adoption amid the surge in rollup adoption and smart wallets. Teams will receive up to $10,000 in gas credits and $20,000 in compute credits alongside enterprise-grade rollup infrastructure. At launch, the fund will be available for projects based on the OP Stack and Arbitrum Orbit ecosystems. Alchemy has launched the “Everyone Onchain Fund”, a developer fund established to accelerate the Web3 mainstream and institutional adoption. The blockchain development platform said Tuesday that the fund targets developers building on Alchemy Rollups and Account Kit by providing…

Unlike other altcoins, Binance’s BNB did not see capitulation with Binance allegedly accused of market manipulation. Wintermute’s SOL balance charts fitting perfectly into Binance’s meant the MM was used to dump prices for most altcoins. The crypto community has spiked discussions, citing allegations of market manipulation linking the Binance [BNB] exchange and Wintermute. Their Solana [SOL] balances show synchronized activity, suggesting the Market Maker (MM) was an alleged accomplice in dumping prices. Binance’s SOL balance peaked at 1.7 million, then dropped to 0.5 million. Meanwhile, Wintermute’s balance spiked to 1.2 million and then fell to 0.6 million. This suggests that…

Everyone has heard the Chinese proverb British misquote: “May you live in interesting times,” and how it’s supposed to be a curse. It sounds deep, like a quote for edgelords over 80.  But have you ever considered the alternative? According to the Anglo-Saxon Chronicle, there were nearly two centuries where nothing much happened. Vivian Mercier famously called Waiting for Godot “a play in which nothing happens, twice.” But nothing happening 191 times? I’ll take interesting times any day. And that’s exactly what we have now. Tether, with their stablecoin USDT, are coming to Lightning. We’ve been talking a lot recently…