Author: Yeek.io

17 July 2024 EEA today published the DeFi Risk Assessment Guidelines, Version 1 <https://entethalliance.org/specs/defi-risks/>. This is a pioneering document compiling risks for DeFi protocols, along with mitigation strategies. The guidelines also cover the documentation and data a project should have available to help investors assess and manage those risks and mitigations. The standard has been produced, and will be maintained, by the EEA’s DRAMA Working Group. That group has brought together top representatives of the blockchain and financial industries to fortify the DeFi ecosystem against a spectrum of risks. Banco Santander, Bitwave, C4, Certik, Coinchange, Consensys, Cryptio, Cube.AI, DeFi Safety,…

Presales offer investors access to new cryptocurrencies before they list on exchanges, often providing the lowest possible entry price.  However, not all crypto presales are created equally. While some projects are fundamentally solid and have high growth potential, others carry more risk. That’s why it’s crucial to do due diligence and understand factors such as market dynamics, use cases, and momentum. With that in mind, we’ve analyzed the market to identify the best crypto presales to buy now. Read on to find our top picks. Solaxy When it comes to presales with substantial growth potential, Solaxy could be the winner.…

Homepage > News > Business > India-Qatar trade expands beyond energy to AI, semiconductors India is expanding its trade relations with Qatar by moving beyond traditional energy exports and collaborating on new sectors like artificial intelligence (AI), semiconductors, quantum computing, and the Internet of Things (IoT). At the invitation of Indian Prime Minister Narendra Modi, His Highness the Amir of the State of Qatar, Sheikh Tamim bin Hamad Al-Thani, paid a State Visit to India on February 17 and 18. HH the Amir was accompanied by a high-level delegation comprising ministers, officials and business leaders. This was the second State…

Sonic’s price rallied 12.5%, deviating from the broader market trend as market participants remained bullish over its growing prominence in decentralized finance. Sonic (S), formerly known as Fantom soared to $0.903 on on Monday, Feb. 24, marking a 140% jump from its lowest level since its transition. Its market cap was seated at over $2.7 billion while its daily trading volume rose slightly, hovering over $337 million at press time. This surge in S price came as the global crypto market dropped 3.7% over the past day, with major altcoins like Ethereum (ETH), XRP (XRP), Binance Coin (BNB), Solana (SOL),…

ALGO achieved 34,008 transactions within a single block in under three seconds, achieving a 100% success rate. ALGO’s 30-day volatility reached 87.41%  positioning itself between a 30-day high of 130.94% and a 30-day low of 84.18%. In early 2025, Algorand [ALGO] gained attention with a milestone: 34,008 transactions processed within a single block in under three seconds, achieving a 100% success rate. This breakthrough underscored ALGO’s high-performance blockchain capabilities. Simultaneously, technical indicators suggested a bullish trend, particularly a bull flag formation on ALGO’s price chart. Will ALGO maintain its rebound? ALGO’s price chart from November 2024 to April 2025 exhibited…

Bitrace predicts that OTC services could face a large-scale freeze wave after the massive Bybit hack which resulted in a loss of over $1.5 billion. Bitrace, a joint crypto tracing and analysis platform, warned users that a mass freeze of over-the-counter or OTC products and services could be on the horizon, following the aftermath of the Bybit hack believed to be executed by the North Korean hacker group, Lazarus Group. “In the next few months, there will be a large-scale freeze wave targeting OTC groups and crypto payment companies,” said Bitrace in a translated analysis article. Bitrace calls the Bybit…

Blockchain data shows that the hackers transferred 401,346 ETH, valued at around $1.13 billion, from Bybit’s hot wallet to an unknown address. The stolen funds are being liquidated, which has already affected Ethereum’s market price.Bybit CEO Ben Zhou confirmed the hack on social media. He explained that attackers tricked the exchange’s security system by showing wallet signers a fake user interface. This deception led them to unknowingly approve changes to the smart contract, giving hackers full control over the funds.As a result, the attackers drained all ETH from Bybit’s cold wallet and sent it to an unknown wallet. Following the…

Opinion from Dr. Andreas Freund. 21 August 2024 TL/DR There are platform solutions for DeFi protocols to integrate regulatory compliance without compromising decentralization. Using blockchain technology and cryptographic protocols, DeFi protocols can ensure secure and transparent transactions that meet regulatory standards while maintaining user privacy. Such protocols enforce compliance rules on digital assets and their holders. Therefore, they can provide a robust and flexible system to help DeFi protocols navigate the complex regulatory landscape, contributing to a safer and more reliable decentralized financial ecosystem. Introduction Decentralized Finance (DeFi) has taken the financial world by storm (at least in the OpEd…

Ronin Network is redefining Web3 gaming in 2025 with iconic titles, innovative gameplay, and developer-friendly tools for immersive blockchain experiences. Ronin Network‘s gaming scene is changing, and 2025 looks to be a game-changing year. Some of the most well-known game franchises in history are among the big games that will be coming to the platform. These games are introducing imaginative gameplay and immersive experiences to the Web3 ecosystem. Forgotten Runiverse Based on a popular IP, Forgotten Runiverse is a fantasy MMORPG. In addition to facing mythical creatures and exploring a vast open environment, players can immerse themselves in crafting and…

Montana’s Bitcoin reserve bill has failed to clear the House of Representatives after lawmakers voted against it during the latest floor session. House Bill 429, which sought to allow the state to invest in Bitcoin, precious metals, and stablecoins, was struck down in a 41-59 vote. Lawmakers raised concerns over the risks of using taxpayer money for such investments, ultimately deciding the potential volatility outweighed any possible returns. The legislation passed Montana’s Business and Labor Committee on Feb. 19 with a 12-8 vote. An amendment to fund the bill with interest earned from the American Rescue Plan Act was also…