Author: Yeek.io

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…

The Financial Intelligence Unit (FIU) sanctioned Dunamu, Upbit’s parent company, for conducting transactions with unregistered virtual asset businesses. Upbit also failed to follow proper customer verification procedures and did not report suspicious transactions. Along with the suspension, the exchange faces financial penalties and personnel actions.Upbit has acknowledged the violations and promised to strengthen compliance measures. The company assured users that it would improve transaction management and monitor its system to prevent future issues.This crackdown is part of South Korea’s broader effort to tighten regulations on the crypto industry. Authorities launched an antitrust investigation into Upbit five months ago, examining whether…

Este artículo también está disponible en español. Ethereum (ETH) has plummeted 11.4% in the past 24 hours, reflecting a broader market downturn that saw Bitcoin (BTC) drop by 8%, XRP by 13.6%, and Solana (SOL) by 12.9%. Despite the sea of red, several leading voices—including CryptoQuant CEO Ki Young Ju—are calling for a more optimistic perspective on ETH. Time To Go Bullish On Ethereum Sharing his “bullish thoughts on ETH” via X, Ki Young Ju argued there has been “no significant sell pressure” despite the recent Bybit hack, pointing out that both on-chain and market data remain neutral. “Exchange selling…

Ethereum-based social game Nifty Island has introduced a feature allowing players to integrate AI-driven agents into their 3D environments.The update enables users to deploy NPCs that can interact with others, respond to conversations, and perform specific in-game tasks. These AI agents can be customised, allowing for a range of interactive experiences within the platform such as social interactions, guided exploration and more.Access to deploying these AI characters, however, depends on certain requirements, including token ownership. Source: Nifty IslandHow will AI agents work in Nifty Islands?Players can introduce AI agents into their islands by choosing from pre-existing models, such as Luna,…