Author: Yeek.io

A Chicago family and their nanny were kidnapped for five days in October and forced to transfer millions in cryptocurrency before being released. Six men have been charged in connection with the crime after allegedly stealing $15 million in cryptocurrency, including Zehuan Wei, Fan Zhang, Huajing Yan, Shengnan Jiang, Shiqiang Lian, and Ye Cao, a Chicago Tribune story citing recently unsealed FBI records reported on Feb. 12. According to the FBI, the kidnapping took place in a Chicago townhouse when one of the suspects knocked on the door, pretending to have damaged the victim’s garage door. When the victim answered,…

Forkast, a gaming prediction market platform, launches on Ronin, integrating with the blockchain to offer staking rewards, Loot Box incentives, and curated gaming markets. What’s the significance: Forkast offers a new way to earn rewards by participating in prediction markets on Ronin, allowing users to leverage their gaming insights and contribute to the growing decentralized ecosystem. Key Details: The launch of Forkast in Ronin Network is the result of a partnership between the blockchain developer Sky Mavis and web3 tournaments and competitive gaming platform Community Gaming.  The integration is noted to represent a major milestone for Community Gaming and Ronin’s…

Unichain, using Optimism’s roll-ups, aims to solve scalability issues Despite the hype, can Unichain fuel sustained demand? Uniswap’s [UNI] Unichain, a new Layer 2 network built on Optimism’s superchain, is now live, aiming to slash transaction costs by 95% and boost scalability. The launch triggered a 6% surge in UNI’s price before a quick pullback, leaving investors questioning whether this marks a true turning point or not.  An in-depth analysis Ethereum’s scalability has been a major bottleneck, holding it back from competing with faster blockchains like Solana. But now, Unichain is stepping in with Optimism’s optimistic roll-ups, aiming to solve Ethereum’s…

Fed Governor Christopher Waller believes there should be a framework that allows banks and non-banks to issue regulated stablecoins. According to a recent Bloomberg report, Waller stated that stablecoins have the potential to expand the reach of the U.S. dollar on an international scale. However, the scale and utility of stablecoins will depend on a clear set of regulations. In a conference in San Francisco, Waller said the stablecoin market requires a regulatory framework that encompasses stablecoin risks “directly, fully, and narrowly” before financial institutions will be able to issue them. “This framework should allow both non-banks and banks to…

Este artículo también está disponible en español. Bitcoin (BTC) reacted sharply to today’s hotter-than-expected US Consumer Price Index (CPI) report, dropping from around $96,600 to as low as $94,088. Notably, BTC was already trending downward due to escalating geopolitical tensions following Donald Trump’s proposed tariffs on all aluminum and steel imports. Bitcoin Slumps Amid Surprising Inflation Data The latest US inflation data came in higher than anticipated, triggering declines in both equity and cryptocurrency markets. Instead of the expected 0.3% increase, the CPI rose by 0.5% in January, compared to December’s 0.4% reading. Related Reading On a year-over-year (YoY) basis,…

Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 MegaETH NFT 4,196.00 ETH 4196 ethereum View 2 Azuki 816.33 ETH 240 ethereum View 3 Doodles 739.74 ETH 174 ethereum View 4 Milady Maker 319.30 ETH 78 ethereum View 5 Pudgy Penguins 283.49 ETH 28 ethereum View 6 Azuki Elementals 224.23 ETH 724 ethereum View 7 Kaito Genesis 178.56 ETH 23 ethereum View 8 Bored Ape Yacht Club 179.83 ETH 13 ethereum View 9 Mutant Ape Yacht Club 149.20 ETH 65 ethereum View 10 Lil Pudgys 133.19 ETH 125…

Metaplanet, Asia’s’ second largest corporate holder of Bitcoin, will officially be included in the Morgan Stanley Capital International Japan Index next month. Effective Feb. 28, Metaplanet will join the benchmark MSCI Japan index alongside some of Japan’s biggest corporate giants like McDonald’s Holdings Japan, Tokyo Electric Power Co., Kokusai Electric, and Mitsui Chemicals. Metaplanet CEO Simon Gerovich announced the development in a Feb. 13 X post, calling it a milestone that reinforces the firm’s position as Japan’s leading Bitcoin Treasury company. Metaplanet’s inclusion in the MSCI Japan Index elevates its visibility among institutional investors, placing it alongside Japan’s most prominent…

As the year is set to end, Kusho World released its 2024 recap and roadmap for 2025, emphasizing its transition into a “Community Protocol” that fosters creativity, collaboration, and sustainability within its ecosystem. What’s the significance: Kusho World’s “Community Protocol” focuses on a decentralized model where creators and contributors share success, driving long-term community growth. Its decentralized model is also expected to allow community members to use Kusho IP for projects, share in the success, and contribute to a growing ecosystem. Between the Lines: Kusho World’s evolution highlights how web3 empowers communities to co-create and co-own IP, driving decentralized innovation…

Journalist Posted: February 13, 2025 FTM seems to be on a recovery but needs to break above the descending trendline to confirm the start of a rebound. However, with the adoption rate declining potentially from FTM to S, the potential breakout could be hindered. The price action chart of Sonic [S] indicated that it’s currently testing a critical phase of potential recovery, evidenced by its interaction with a descending trendline. However, FTM needs to decisively break above this trendline, which currently stands around $0.4558, to confirm a bullish reversal. Supporting this potential breakout is the MACD showing a convergence of its…

After experiencing bearish declines and volatility, Bitcoin (BTC) is finally looking bullish, with a crypto analyst forecasting a breakout to a new all-time high target. After identifying a Cup and Handle pattern on the Bitcoin chart, the analyst announced to investors and traders that now may be the time to buy BTC. Bitcoin Price Targets New All-Time Highs In a detailed Bitcoin price chart, CobraVanguard, a TradingView crypto analyst, highlights the formation of a textbook Cup and Handle pattern. This technical pattern is a well-known bullish continuation indicator, signaling that momentum may be building up and that Bitcoin may be…