Author: Yeek.io

Ahead of the Pi Network mainnet launch which took place on Feb. 20, crypto.news had the opportunity to conduct a Q&A with Pi Network’s co-founders, Dr Nicolas Kokkalis, who is head of technology and Chengdiao Fan who is head of product.  Pi Network now has 100 apps ready for mainnet. What is the strategy to ensure mass adoption of these apps? The Pi (PI) ecosystem, currently with over 100 Mainnet or Mainnet-ready apps, is fully functional and designed to be accessible and offer a seamless user experience through the Pi Browser, the interface to the ecosystem, and its utilities.  The…

Este artículo también está disponible en español. SOL, the native token of the Solana network, is one of the worst-performing cryptos in recent days. Once the darling of the meme coin crowd, the popular blockchain is facing its toughest test yet with its massive price drop and dip in network activity.  SOL is currently trading at $173, but it’s down nearly 10% from last week’s price and 15% from two weeks ago. If we zoom out on its price history, the token is down 27.5% from last month’s price.  Related Reading Last Tuesday, Solana shed 10% in 24 hours, triggering…

Institutional adoption of Bitcoin ($BTC) continues to grow, as Michael Saylor’s Strategy (formerly MicroStrategy) plans to raise $2 billion to buy more BTC.  Meanwhile, the SEC has acknowledged filings for spot XRP ETFs—and is even considering staking-based spot ETH ETFs. Brazil’s securities regulator has already approved a spot XRP ETF by Hashdex, creating more bullish momentum for the high-ranking altcoin. With BTC still struggling to move back above $100,000, now could be an ideal time to buy utility-focused cryptos that are still selling for discounted prices. With that in mind, here are four of the best cryptos to buy before…

The European Central Bank (ECB) has revealed it is exploring a blockchain-based system to help process central bank money transactions. This is significant, considering how this could further promote blockchain and crypto adoption worldwide. ECB Exploring Blockchain-Based System For CBDC Transactions In a press release, the ECB revealed that the Governing Council has decided to expand its initiative to settle transactions recorded on distributed ledger technology (DLT) in central bank money. The Central Bank will adopt a “two-track approach” for this initiative. First, the European Central Bank will develop and implement a safe and efficient platform for such settlements in…

In the world of digital security, protecting sensitive data with robust encryption is essential. AWS Key Management Service (KMS) plays a crucial role in this space. It serves as a highly secure, fully managed service for creating and controlling cryptographic keys. What many may not realize is that AWS KMS itself operates as a Hardware Security Module (HSM), offering the same level of security you’d expect from dedicated hardware solutions.An HSM is a physical device designed to securely generate, store, and manage encryption keys, and AWS KMS delivers this functionality in a cloud-native way. Beyond key management, AWS KMS with…

The Apex Fusion Foundation, a multi-chain blockchain ecosystem, has officially announced the launch of the PRIME Chain along with its native token $AP3X. This advancement is a remarkable achievement in the history and evolution of blockchain technology. Apex Fusion holds a vision of unifying the blockchain ecosystems. The platform aims to link the UTXO security model of Bitcoin ($BTC) with that of Ethereum’s EVM programmability. In this way, a scalable and frictionless network will be constructed for real-world adoption focusing on reputation. Apex Fusion’s PRIME Chain to Empower Security and Decentralization In the Apex Fusion ecosystem, the launch of PRIME…

On-chain data shows the XRP whales have participated in a large amount of net buying recently, a sign that could be bullish for the asset’s price. XRP Whales Have Gone On An Accumulation Spree Over Last 48 Hours As explained by analyst Ali Martinez in a new post on X, the XRP whales have increased their holdings recently. The indicator of relevance here is the “Supply Distribution” from the on-chain analytics firm Santiment, which tells us about the amount of supply that any given wallet group is holding right now. The addresses or investors are divided into these cohorts based…

The cryptocurrency had been moving within an upward trend since 2023 but has now broken below the lower boundary of this pattern. This signals a shift in market sentiment, with sellers gaining control.For over a year, SOL followed an ascending parallel channel, where prices moved between two upward-sloping trendlines. The lower trendline provided support, stemming huge declines. But dipping below this level suggests selling pressure has been more than buyers, and the possibility of further declines is enhanced.To complement the bearish mood, SOL has recorded negative Elder-Ray Index readings since January 27, with the latest reading standing at -30.4. The…

Illuvium has announced a significant restructuring effort, aiming to cut costs and adjust its development focus to an MMO lite model.The company is reducing its monthly spending to $500,000 by March, with cost-cutting measures that include salary reductions, operational adjustments, and team layoffs. Some employees have been given the option to receive payments in Illuvium’s native $ILV token instead of $USDC.These changes come as the studio prepares for a shift in its flagship title, Overworld, which will transition to an “MMO Lite” model rather than a traditional open-world experience. This move follows previous cost-cutting efforts in 2024, when Illuvium reduced…

Swiss blockchain infrastructure provider Taurus has announced a new confidential token standard for institutions. Taurus, a Swiss digital asset infrastructure provider backed by Deutsche Bank and Credit Suisse, has introduced an open-source confidential token standard for debt and equity tokenization for financial institutions to tokenize financial assets on public blockchains while keeping customer privacy intact. The smart contract is designed in collaboration with the Aztec Foundation to give issuers control over who can see information about tokenized assets without compromising compliance, the Swiss firm said in a press release shared with crypto.news. The tech uses Aztec Network’s layer-2 protocol and…