Author: Yeek.io

Simon Kohl, one of the DeepMind scientists who helped create AlphaFold, has raised $50 million to start Latent Labs, a company that focuses on applying artificial intelligence to create new proteins. Latent Labs was established in 2023 and is focused on attaining “computational mastery over biology” by using AI to speed up drug discovery. Rather than depending on conventional experimental techniques, the company plans to collaborate with biotech companies to create AI-based methods for protein engineering. The round was closed in December, headed by AI investment fund Radical Ventures, with participation from Sofinnova Partners, a top life sciences investor. Other…

BNB Smart Chain has recorded the highest volume across all other chains in the past month, with its TVL rising. Buying volume in the derivatives market saw a corresponding surge among Binance and OKX traders. In the past 24 hours, Binance Coin [BNB] has seen a minimal surge of 2.14%, continuing its bullish streak from the past week of 10.24%, as it trades at $670.98. Analysis of the market condition showed that BNB was likely set to continue its bullish path, as several market sentiments remained in favor, including its growth in volume on-chain and across the derivatives market. New…

Bitcoin has been stuck for the last three months, trading between $90K and $100K. It did cross the $108K mark twice but wasn’t able to hold the gains. Bitwise head of alpha, Jeff Park, has thrown more light on the current Bitcoin and macroeconomic situation. Park said Bitcoin is giving investors a ‘generational opportunity’ at current levels, seeing as its IV percentile is now the lowest it has been all year. IV percentile shows what percentage of time Bitcoin’s IV has been lower than the current levels. $BTC IV percentile now sits at 50.90, which is a significant drop from…

Este artículo también está disponible en español. Ethereum has been trading below the $2,800 mark for the past two weeks as selling pressure at this critical level continues to exhaust bullish momentum. Investors remain cautious amid heightened volatility, fearing that Ethereum could extend its losses if it fails to reclaim key levels. Despite the uncertainty, some analysts see a potential breakout on the horizon. Related Reading Top crypto investor Carl Runefelt shared a technical analysis on X, revealing that ETH is currently trading within a 4-hour symmetrical triangle. This pattern suggests that a decisive move is coming, and if Ethereum…

An unknown sender transferred 500 ETH to a burn address along with a cryptic message that accuses ‘Kuande Investment’ CEOs of brain-washing employees. According to data from Ethereum Scan, a crypto address belonging to an unknown entity just sent 500 Ethereum (ETH) to a burn address. Alongside this transfer, the sender sent three mysterious messages on the Input Data Message column. The messages are written in Mandarin, accusing the CEOs of an investment firm called Kuande Investment of using “brain-computer weapons” to enslave the employees and former employees of the firm. “The CEOs of Kuande Investment: Feng Xin and Xu…

Quick take: Standard Chartered Bank’s experience working with stablecoin issuers globally allows the joint venture to have bank-grade infrastructure and rigorous governance. Animoca Brands’ extensive Web3 network allows the joint venture to tap into crypto-native opportunities. Hong Kong Telecom’s mobile wallet technology allows the joint venture to develop extensive stablecoin use cases. Standard Chartered Bank Hong Kong Ltd, Animoca Brands, and Hong Kong Telecom (HKT) have formed a joint venture to issue a Hong Kong dollar-backed stablecoin. The three companies plan to jointly apply for a license from the Hong Kong Monetary Authority (HKMA), which would allow them to issue…

Homepage > News > Business > Modi-Trump strengthen tech ties in AI, semiconductors, quantum India and the United States of America have launched the U.S.-India TRUST initiative (“Transforming the Relationship Utilizing Strategic Technology”) to drive collaboration across government, academia, and the private sector. The initiative focuses on advancing critical and emerging technologies in areas such as artificial intelligence (AI), semiconductors, quantum, biotechnology, defense, energy, and space.  The initiative also encourages using verified technology vendors and ensures that sensitive technologies are protected, the two countries said in a joint statement.  The first “crypto” president and the 47th leader of the U.S.,…

Scammers launched a fake coin under the name of Saudi Arabia’s Crown Prince Mohammed bin Salman.  The fake Saudi Arabia coin, named the “Official” Saudi Arabia memecoin (KSA), was announced on Feb. 17. The announcement came from an X account named “SaudiLawConf,” which falsely presented itself as connected to the crown prince. The real owners of the account, the Saudi Law Conference, later confirmed that their X account had been hacked.  Source: SaudiLawConf’s X post Scammers frequently use public figures’ identities to promote fraudulent crypto projects, abusing public trust in well-known individuals. Elon Musk and Donald Trump have previously been…

LINK’s Smart DEX traders started reaccumulating in the past 24 hours. The volatility chart revealed that LINK has seen a substantial decrease in volatility, sitting at 80.47%. The cryptocurrency market thrives on patterns and insights, where the actions of Smart DEX Traders can often signal future price movements. Recently, wallet 0xbb90 made a significant move by purchasing 53.2K Chainlink [LINK], amounting to $1.0M, within the past 24 hours. This wallet has previously profited $629.8K from LINK, with a 136% return. Coupled with an uptrend in Cumulative Volume Delta (CVD), these actions suggest a potential bullish scenario for LINK. Accumulation patterns…

Finding a crypto project that provides both strong growth potential and passive income is a rare opportunity, but that’s exactly what investors are seeing in Mutuum Finance (MUTM). As a decentralized lending and borrowing protocol, Mutuum Finance allows users to earn rewards by supplying liquidity while offering a seamless way to access capital without relying on traditional financial institutions.With its presale attracting rapid interest, investors are securing tokens early, recognizing the long-term value of a DeFi platform with real utility. Mutuum’s upcoming lending platform and its tokenomics are setting the stage for significant demand, making it a top choice for…