Author: Yeek.io

Ethereum is a decentralized platform that builds on blockchain technology to enable smart contracts and decentralized applications. While Bitcoin introduced the idea of digital currency operating without a central authority, Ethereum expanded that concept into a global, programmable network that can host a multitude of services and tokens. People often refer to Ether as Ethereum’s native cryptocurrency, though Ethereum itself is more than just digital money. What Is Ethereum? Source: Ethereum.org Ethereum is a Layer 1 blockchain-based platform that supports self-executing code called smart contracts. Unlike traditional networks limited to sending digital coins, Ethereum can host entire applications on a…

Wintermute CEO Evgeny Gaevoy says the company wants to focus on expanding its services into the U.S., starting with an office in New York. According to a recent Bloomberg report, the algorithmic trading firm and market-maker Wintermute has set its sights on the U.S. market. The firm’s main office is in London and it recently opened its Singapore office in December 2024, it now aims to open up an office in New York. At the the Consensus crypto conference in Hong Kong, Wintermute Chief Executive Officer, Evgeny Gaevoy, said the company plans to extend its reach with a “new added…

Nexmedis, an Indonesia based AI-powered Health Information System (HIS) provider, has secured funding co-led by East Ventures and Forge Ventures.  This funding is to support healthcare efficiency, enhance clinical services, and streamline patient outcomes throughout Indonesia. Indonesia’s healthcare system faces significant inefficiencies, primarily due to manual administrative processes and fragmented data. Additionally, the country’s vast geography makes it challenging to provide advanced medical tools and training in remote areas. Nexmedis seeks to bridge this gap by integrating AI-driven solutions into healthcare operations. AI-Based Solutions for Smarter Healthcare: Established in 2023 by Yehuda Dani Utomo (Co-Founder and CEO), Matilda Narulita (Co-Founder…

SOL and XRP defied the prevailing market trend, attracting $8.9 million and $8.5 million, respectively. With Bitcoin’s dominance under pressure, are we witnessing the dawn of an altcoin takeover? Bitcoin [BTC] defied Trump’s tariff threats, holding strong above $90k on the charts. And yet, it couldn’t escape the sell-offs, shedding $430 million as major U.S Bitcoin ETFs – Fidelity, Ark 21Shares, and Grayscale – saw heavy withdrawals. Is Bitcoin’s grip slipping, giving altcoins their moment to shine as investors chase high-cap opportunities? SOL & XRP defy the trend After 19 weeks of gains, digital asset funds took a hit, seeing…

The Cardano blockchain has ratified its first official constitution, surpassing the set threshold with an overwhelming 85% approval rate. The decision replaces Cardano’s interim constitution and locks in a new governance framework that will guide the ecosystem’s evolution. Cardano Makes History The announcement came during a livestream on February 18 from Cardano founder Charles Hoskinson, who revealed the voting results using real-time metrics from the platform’s governance tools. According to Hoskinson, “the Cardano Constitution replaced the interim Constitution 85% [Yes] to 6.62% [No]. Only 7.68% did not vote… The Constitutional committee threshold—67%—was the threshold. It’s unanimous. All seven constitutional committee…

Este artículo también está disponible en español. Ethereum has been closing between $2,650 and $2,750 for the past week, creating uncertainty in the short term. The price action remains indecisive as bulls struggle to reclaim the $2,800 level, a key supply zone that could determine Ethereum’s next move. While the long-term outlook remains uncertain, Ethereum is trading at crucial demand levels, facing continuous selling pressure that has kept price action muted. Related Reading Investors are trying to stay calm amid volatility, but fear is spreading as Ethereum shows signs of weakness compared to Bitcoin. Some analysts worry that if ETH…

Crypto regulation is a major topic in the U.S. and around the world. Governments are making rules to control crypto trading, stop scams, and ensure fair use. Some countries support crypto with clear laws, while others restrict or ban it. In the United States, for example, crypto is taxed as property, while exchanges are regulated with strict security and anti-money laundering rules. Other countries are different, including Australia, India, and the UK, from high taxes to strict cryptocurrency compliance laws. Regulations affect how people buy, sell, and use crypto. Regulations can protect investors but also slow down innovation. As crypto…

Homepage > News > Business > Blockchain could transform auditing: Report Blockchain can transform financial reporting and auditing, improve integrity, boost efficiency, and cut costs, according to a study by the University of Maryland (UMD). “A lot of auditing firms want to use blockchain and they want to apply technology. I wanted to build a use case for blockchain that works for auditing firms,” stated Sean Cao, an associate professor at the Smith School of Business at UMD, who led the research. Titled “Distributed Ledgers and Secure Multiparty Computation for Financial Reporting and Auditing,” the research was published in Management Science.…

MKR is making a strong comeback after months of decline, thanks to renewed interest from whales and smart money investors. According to crypto.news data, Maker (MKR) jumped 11% to an intraday high of $1,197 on Feb. 19, pushing its market cap closer to the $1 billion mark. The rally was accompanied by a spike in trading volume of 28%, reaching $189 million, with a circulating supply of 845,384 tokens. MKR had been in a downtrend since early December when it was trading near $2,400. While the token is still down 81% from its all-time high of $6,282, it has gained…

Journalist Posted: February 19, 2025 ETH prices have made a moderate recovery, rising 1.88% in 24 hours. Ethereum’s short positions hits a historical high of $11.3 billion. Over the past two weeks, Ethereum [ETH] has remained stuck within a consolidation range of $2.5K and $2.7K. As such, both bulls and bears have attempted to have total control of the market without success. The past day saw this battle escalate to extreme levels, with Ethereum seeing a record-breaking number of short positions. $11.3B short positions opened for Ethereum Over the past day, a total of $11.3 billion worth of short positions…