Author: Yeek.io

The largest financial hack in history could provide a silver lining for Ethereum’s price as Bybit announced a full recovery, Bitfinex analysts wrote. Hackers, believed to be the notorious North Korean group Lazarus, stole nearly $1.5 billion in Ethereum (ETH) and Ether derivatives from crypto exchange Bybit last week.  Ethereum’s price, which had shown tepid action before the hack, weakened further due to the Bybit breach and subsequent market volatility. Discussions about the hack’s impact flooded social platforms, but Bitfinex analysts believe Ether’s price could benefit from the incident. “If Bybit needs to replenish customer funds, they may be forced…

Popular analyst Borch Crypto has high hopes for XRP this cycle, but he says Solana layer 2 crypto Solaxy ($SOLX) could outperform. He anticipates XRP could hit $10 on the back of new ecosystem developments, marking over a 3x gain from its current price. However, the prominent trader anticipates a whopping 50x ROI for Solaxy. Solaxy is undergoing a presale where it has raised $22 million so far. The current $SOLX presale price is $0.001642, but this will rise throughout the ICO, with the next increase in under two days. Ecosystem developments give XRP 3x potential  XRP’s founding company, Ripple,…

Steven Pu, co-founder of layer-1 blockchain Taraxa, released a report on Feb. 24 highlighting a significant gap between claimed and actual blockchain performance. Analyzing 22 networks using data from Chainspect, the study found that theoretical transactions per second (TPS) are overstated by an average of 20 times compared to real-world results. According to the findings, this discrepancy stems from lab-based metrics that fail to hold up on live mainnets. The report introduces a new metric: TPS per dollar spent on a validator node (TPS/$), aiming to measure cost-efficiency rather than just raw speed. Across the 22 chains, theoretical TPS averaged…

Meme coins are facing a steep sell-off across the board as Bitcoin remains stable.Meme coins have taken a sharp hit in the past 24 hours, with Dogwifhat (WIF), Ai16z (AI16Z), and Bonk (BONK) leading the declines among the sector’s largest tokens, according to Coinmarketcap. However, Bitcoin (BTC) holds steady, down by just 0.63% and 0.93% on the daily and weekly timeframes respectively. This divergence highlights a common trend: Speculative assets like meme coins thrive on momentum and hype. When BTC is stable, trading volume and liquidity in meme coins often dry up, leading to price declines. Ai16z The Ai16z’s daily…

The distribution of FTT continues in the market as a death cross pattern surfaces. On the chart, a head and shoulders formation predicts a fall below $1 could be on the horizon. In the past week, FTT has seen a major decline of 12.39% as the bearish wave intensified. However, in the past 24 hours, the asset saw brief relief, climbing 1.60% to $1.89. A closer look into market structure shows this brief recovery could likely be a lower high before an intensified market fall takes place, leading to a massive price decline. Death cross forms as distribution heightens On…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin’s price stalls, investors are shifting focus to RCO Finance, an AI-driven altcoin poised for growth. As the Bitcoin (BTC) price hovers in suspended animation, the crypto world holds its breath, waiting for the next seismic shift. The king of cryptos has been in a consolidation phase, trading between $94,000 and $99,000 for the past two weeks. This period of relative calm in the Bitcoin price has created an unexpected opportunity for a rising star in the crypto…

1. FNT Crypto: A Complete Financial PlatformFNT Crypto is an all-in-one financial platform. It allows users to store, spend, invest, and grow their assets in one place. Unlike traditional banks, it removes restrictions and puts financial control in the hands of users.Key Features:Combines CeFi and DeFi services for a seamless experience.Users can earn, stake, trade, and spend crypto easily.Security is a top priority, using Fireblocks technology for asset protection.Operates under the Swiss-based company GUP, which has a proven track record in blockchain solutions.FNT aims to simplify financial management by offering everything in one platform, eliminating the need for multiple apps…

The forex market is already risky, but the biggest danger isn’t the market—it’s scam brokers. One of the most alarming frauds in the industry right now is uTrada, a broker that lures traders in with false promises, only to trap them in an endless cycle of manipulation and financial loss. If you are considering uTrada, STOP. This article will expose the dangerous practices of uTrada and explain why you must stay far away from this broker before it’s too late. 1. Fake Regulation and Offshore Registration – A Setup for Fraud A legitimate broker must be regulated by top financial…

Bybit has nearly fully restored its Ethereum (ETH) reserves following one of the largest cryptocurrency hacks in history.The attack, which was linked to North Korea’s Lazarus Group, resulted in the theft of $1.46 billion in ETH and stETH from the exchange’s cold wallets. However, Bybit CEO Ben Zhou confirmed that the platform has now closed the ETH deficit through a combination of loans, whale deposits, and direct purchases.According to on-chain analytics platform Lookonchain, Bybit has acquired 446,870 ETH, worth approximately $1.23 billion, bringing the exchange’s total replenishment to nearly 88% of the stolen funds. In addition, Bybit has assured users…

Journalist Posted: February 24, 2025 The MVRV ratio declined to 1.24, but more than half of FLOKI global holders remained in profit. FLOKI broke out of a parallel channel and could now be on its way towards the $0.00005 level. The memecoin market continues to bleed, with the MVRV ratio for FLOKI showing a MVRV of 1.24 per IntoTheBlock, indicating that the average holder’s purchase price was lower than the current market price. This suggested a generally profitable position for most investors. Historically, an MVRV above 1 often signals that holders could start taking profits especially as prices trends down,…