Author: Yeek.io

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Following CZ and Vitalik’s glistening endorsements of decentralized science (DeSci) in the last few months, the movement has been revived and is being hailed as the next great frontier in web3. DeSci promises to democratize research funding, enhance transparency, and create global open collaboration. The idea is tantalizing: a blockchain-powered transformation of the scientific process that bypasses the inefficiencies and biases of traditional, centralized funding systems. But for all its promise, DeSci today is at a perilous…

Trading volumes in the altcoin market have sharply declined, prompting leading analysts to question if the bull run has come to an end. With volume historically tied to price action, this shift signals a potential change in investor sentiment and market dynamics. The altcoin market has reached a critical juncture, with trading volumes recently dropping to levels not seen since 2021. This decline, often perceived as a sign of reduced market interest, is prompting analysts to question the future of altcoins. Since trading volume typically correlates with price action, this slowdown could indicate a shift in enthusiasm from both retail…

An altcoin season occurring in this current bull market cycle has become a heated topic in the crypto sector lately, with uncertainty observed among the majority of crypto enthusiasts. Even though altcoins have been performing significantly bearish in the past few months, recent developments in the alts market raise the possibility of an altseason as a breakout could be on the horizon. Key Cross Forms In Altcoin Market Cap After facing heightened volatility in the past few months, the altcoin market might be gearing up for a significant and promising move. Titan of Crypto, a crypto analyst and trader delving…

What Are Soulbound NFTs?Blockchain-based digital tokens known as Soulbound NFTs are immutable between owners. In contrast to traditional NFTs, SBTs are permanently locked with the player’s virtual avatar. Vitalik Buterin, a co-founder of Ethereum, is credited with coming up with the idea in order to aid in the development of reputation-based Web3 platforms.FeatureTraditional NFTsSoulbound NFTsTransferableYesNoOwnershipCan change handsPermanentUse CasesTrading, sellingAchievements, reputationValue TypeMarket-drivenPersonalHow Soulbound NFTs Work in GamingSoulbound NFTs work by being assigned to a player’s account through smart contracts. Once an SBT is issued, it remains with that account permanently. These NFTs can be used in different ways within games:Achievement Badges:…

Monday 8 July 2024 A new case study showcases the successful implementation of cross-chain Delivery versus Payment (DvP) settlement using EEA DLT Interoperability Specification The Enterprise Ethereum Alliance (EEA) today released a new case study today demonstrating a successful implementation of its Distributed Ledger Technology (DLT) Interoperability Specification. The Distributed Ledger Technologies Interoperability Case Study highlights a Delivery versus Payment (DvP) settlement process involving multiple DLT networks. Key highlights of the case study include: Successful interoperability between a private permissioned Corda network for securities management and a private permissioned Ethereum network for payments Implementation of atomic settlement as per the…

Pi Network, a long-standing project since 2019, has recently announced its listing on the CEX OKX and is also showing potential for a launch on the largest CEX, Binance. Pi Network is one of the cryptocurrency mining applications introduced in 2019. With the goal of creating an easy-to-use cryptocurrency network that can be mined on mobile devices without consuming as much energy as traditional cryptocurrencies like Bitcoin. The project, although not yet Mainnet and TGE, has attracted a huge number of users to participate in the project. Binance Opens Community Vote for Pi Network According to the announcement on the…

Another big crypto hack has rocked the industry. Infini, a crypto fintech company, lost $49 million in USDC, and the twist? The hacker was one of their own developers.Blockchain security firm Cyvers revealed that the developer had secretly kept admin access to the project even after completing it. For over 100 days, there was no sign of trouble, but then out of nowhere, they funded their wallet through Tornado Cash, a crypto mixer often associated with suspicious activities. 🚨ALERT🚨Today, @0xinfini suffered a $49M $USDC exploit due to an attacker abusing retained administrative privileges.The attacker, operating from 0xc49b5e5b9da66b9126c1a62e9761e6b2147de3e1, had initially developed the…

Sei (SEI) has been experiencing a protracted decline over the past several weeks, regaining key levels while the market continues moving sideways. Today, market analyst MACrypto Alex disclosed that SEI is trying to break above a short-term downward momentum as selling pressure decreases. $SEI is attempting to break above its short-term downtrend.Trump’s project bought it a few days ago and since then it has shown some signs of recovery.A 12H close above $0.29 and SEI will start rallying hard pic.twitter.com/MTngadfFGt— AMCrypto (@AMCryptoAlex) February 23, 2025 SEI showing recovery MACrypto Alex suggested that new buying activity could be pushing the asset’s…

Chainlink (LINK) is proving to be remarkably resilient in a challenging market. The digital asset stays at about $16.64, but recently its network reached a noteworthy milestone when 2,298 new addresses entered the ecosystem, signifying the most major increase since January. Although LINK is always trying to breach the $20 pricing limit, this increase of activity suggests a rising adoption. Market Dynamics Present A Multifaceted Picture The trading patterns of LINK indicate a persistent struggle with the $18 resistance level, which is also the 200-day exponential moving average (EMA). The asset continues to stand firm, despite numerous abortive attempts to…

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…