Author: Yeek.io

Homepage > News > Finance > Australia calls for regulation as digital payments soar Australian banks have called for an update on the payment laws to incorporate digital payment services, whose market share has skyrocketed in recent years. The Australian Banking Association (ABA) called on the country’s parliament to pass proposed amendments to the Payment Systems (Regulation) Act, which would expand the scope of regulations to include digital payments. The Act was passed in 1998 and has not been updated since, leaving banks heavily regulated while their digital counterparts enjoy massive regulatory flexibility. “The payment system has rapidly evolved, yet…

Stability World AI has joined forces with Rabbit Launchpad to form a strategic partnership that leverages artificial intelligence solutions in creating Web3 platforms for blockchain project support. The joint venture between Stability World AI and Rabbit Launchpad works to transform Web3 by combining AI-powered NFT creation with automated asset generation under decentralized creative conditions. 🚀Partnership Announcement: Stability World AI x Rabbit Launchpad 🚀We’re thrilled to partner with @therabbit_io, a cutting-edge multi-chain launchpad designed to empower innovative blockchain projects with seamless fundraising and fair launches.✨ Stability World AI’s AI… pic.twitter.com/nntPB2xJWJ— Stability World AI (@StabilityW_AI) February 12, 2025 The foundation of this…

Coinbase is scheduled to report a top-and-bottom line beat in its Q4 results on Thursday as the crypto broker benefited from strong tailwinds, according to H.C. Wainwright & Co. analyst Mike Colonnese Crypto exchange Coinbase is expected to report Q4 revenue of $1.911 billion in the first quarter, Colonnese said in a research note. This would imply upside potential compared to the Street’s consensus estimate of $1.8 billion. Coinbase is also expected to earn $2.21 per share in the quarter which is also ahead of the Street’s $2.16 per share estimate. ‘Strong tailwinds’ Colonnese noted that “strong tailwinds” in the…

Este artículo también está disponible en español. The cryptocurrency community is speculating about a potential Solana (SOL) price explosion. Adding to this speculation? Recent large-scale SOL purchases by affluent investors, or “whales,” and market analysts’ optimistic forecasts. Related Reading Whales Spring Back To Life: Bullish Sign? The lifeblood of crypto analysis, on-chain data shows an interesting tendency: Two once dormant “smart money” addresses have sprung alive and each is grabbing large amounts of SOL. Identified as “GJwCU,” one of these whales re-emerged to collect 30,901 SOL tokens, a cool $6.24 million, following a year in slumber. This particular whale has…

Synthetix keeps the momentum going with another four weeks of Base LP rewards and offer more opportunities for LPs to earn while traders enjoy deeper market liquidity.Extension TimelineThe program is extended for another four weeks, split into two phases:Feb 11 – Feb 25: For two weeks, rewards apply to the entire vault (USDC + stataUSDC LPs).Feb 25 – Mar 11: For another two weeks, rewards apply only to stataUSDC LPs.Weekly RewardsEach week, LPs now earn a pro-rata share of:Over the four weeks, a total of 60,000 SNX and 60,000 USDC will be distributed, giving stataUSDC LPs a unique opportunity to…

President Donald Trump’s new decentralized finance (DeFi) project is partnering with real-world asset (RWA) tokenization protocol Ondo Finance (ONDO) to boost RWA adoption. In a new thread on the social media platform X, the development team behind Ondo Finance says it’s collaborating with World Liberty Financial (WLFI) as a means of bringing traditional finance to the world of blockchains. According to Ondo, WLFI is adding Ondo’s tokenized assets – such as the stablecoin Ondo US Dollar Yield (USDY) and the Ondo Short-Term US Treasuries Fund (OUSG) – into its network as treasury reserve assets. Furthermore, WLFI is planning on integrating…

Goldman Sachs has ramped up its spot Bitcoin exchange-traded fund (ETF) holdings to over $1.5 billion, underscoring its deepening commitment to cryptocurrencies in the final quarter of 2024. The latest 13F filing with the US Securities and Exchange Commission (SEC) shows a notable expansion in both BTC and Ethereum-related positions, reflecting growing institutional confidence in digital assets. Goldman Sachs’ Bitcoin ETF Holdings Explode to $1.5 Billion Renowned crypto analyst MacroScope (@MacroScope17) first drew attention to the filing, highlighting how Goldman had “reported $1.27 billion IBIT (24,077,861 shares)…an 88% increase” in its stake in BlackRock’s iShares Bitcoin Trust (IBIT) compared to…

Este artículo también está disponible en español. Cardano has faced significant volatility and selling pressure, mirroring the struggles of the broader crypto market as it searches for strong support. Since early December, ADA has seen its price plummet by over 61%, with bears dominating the trend and bulls unable to reclaim momentum. Despite the challenging environment, Cardano has shown signs of recovery, experiencing a 15% breakout yesterday that has pushed the price to a critical level. Related Reading This breakout offers a glimmer of hope for investors, but ADA must hold its current level to confirm the possibility of a…

Ethereum’s demand side remains strong, signaling potential for further growth. ETH has dropped by 2.61% over the past 24 hours. Since reaching $4.1k two months ago, Ethereum [ETH] has failed to maintain an upward momentum. Over this period, it has experienced extreme volatility, even dropping as low as $2.1k. These market conditions have awakened strong sentiments among crypto analysts, with some being optimistic while others are highly pessimistic. One of those who have shown high optimism despite the price struggle is CryptoQuant’s analyst Mac, who has pointed out that Ethereum still has room for growth. Why Ethereum can grow more…

Bitcoin banks are going to happen. We already have a few of them. We’re going to have more of them. Existing legacy banks are going to start offering services. New banks are going to be founded around Bitcoin. This is completely unavoidable at this point. Bitcoin doesn’t scale. Even absent that, people value other services that inherently require other parties. Debt being the chief one. This is an inescapable reality. Even if we could snap our fingers and roll out every well specified opcode and covenant proposal at once, it would still take a lot of time to begin building…