Author: Yeek.io
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…
Bloomberg ETF experts give 70% odds of approval for a Solana ETF in 2025. So, will we see SOL surge this year, or could it be another sell-the-news event? Traders are also eager to learn about the implications for Solana-based altcoins such as Solaxy, the first-ever Solana layer 2 blockchain. Solana ETF to Outperform Ether ETF Demand James Seyffart, a senior ETF analyst at Bloomberg, says that Solana’s approval odds for an ETF are 70%. So far, Grayscale, VanEck, 21Shares, Canary, and Bitwise have filed 19b-4 forms to seek the approval of SOL ETFs. Seyffart notes that the SEC has…
World Liberty Financial (WLFI), backed by Donald Trump Jr., has announced a strategic partnership with Ondo Finance to integrate tokenized real-world assets into its ecosystem. The partnership aims to bridge traditional finance (TradFi) with blockchain technology, offering institutional-grade solutions for asset tokenization. WLFI Partners with Ondo Finance, Source: X As per the partnership, WLFI is investigating the possibility of incorporating Ondo’s tokenized assets as reserve assets inside its financial network, such as OUSG (a tokenized form of short-term U.S. Treasury bonds) and USDY (a yield-bearing USDC token). Additionally, these assets will be accessible for margin trading, lending, and borrowing on…
The opportunities in altcoins are probably bigger and more plentiful than ever before, according to Bitwise chief investment officer Matt Hougan. In a new note to investors, Hougan says that the situation for altcoins “is more complex” than it was in previous bull markets since there isn’t any major new application driving interest like in 2020 or 2017. Hougan says the main narrative in altcoins right now is memecoins, which has turned out to ultimately have been a short-term casino environment that lacks substance for serious investors. However, the investor says long-term, “the setup for altcoins is stronger than at…
Founder: Nicolas BurteyDate Founded: September 2019Location of Headquarters: United StatesNumber of Employees: 11Website: https://www.galoy.io/Public or Private? PrivateLast week, Galoy launched Lana, software that enables banks to accept bitcoin as collateral for loans.Lana helps community and challenger banks (the banks with which Galoy is looking to work) to offer bitcoin-backed loans to various types of customers.“Some banks might want to use it to sell to retail, and some might want to use it to sell commercial customers or high-net-worth individuals,” Burtey told Bitcoin Magazine.In offering such loans to a wide array of customers, Burtey believes that the high cost of borrowing…
Este artículo también está disponible en español. There have been recent concerns within the crypto community regarding Binance’s recent activities after a claim surfaced that the exchange had been offloading large amounts of Bitcoin and Ethereum. The Binance selloff trend was first noted on social media platform X by a market participant known as AB Kuai.Dong (@_FORAB), who noted that the crypto exchange had allegedly been selling off its Bitcoin and Ethereum holdings. Did Binance Trigger The Market Crash? The crypto market has endured a turbulent two weeks, with Bitcoin at the center of a series of price crashes. The…
zkLend, a leading lending protocol on Starknet, suffered a 90% in total value locked (TVL) on February 12, as per DefiLlama. The TVL plummeted from nearly $12 million on Tuesday to the current level of $1.1 million. It is the worst performer among dapps with at least $10,000 in TVL. The sudden decline in TVL is the result of the recent exploit, as hackers drained about $9.5 million worth of crypto. Shortly after the incident, zkLend paused all withdrawal operations and recommended users halt depositing or repaying loans while the issue was investigated. zkLend demanded the hacker return the funds…
February 12, 2025The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRSpartan Council CC Technical Seat has been filled: Brent Maxwell. See below to learn about the new Councilor.$BERA is now live on Synthetix Exchange.PnL Share Cards now live on V3.$BERABULL now live: 3X Long $BERA Synthetix Leveraged Token.Synthetix Leveraged Token Rally rewards program: Week 3 rewards now claimable. Week 4 has more opportunities with 3x Short Tokens now live on Base.Rewards for sUSD depositors on Infinex still ongoing: Reminder that rewards were DOUBLED to 10,000 SNX and…
Quick take: The Latin American trading platform wants to enable the trading of tokenised Brazilian assets to customers around the world. Mercado Bitcoin claims to have 4 million users and wants to leverage Brazil’s huge population and rapid adoption of digital assets to accelerate growth. Plume Network is backed by some of the leading Web3 VCs including Brevan Howard Digital, Galaxy Ventures and Haun Ventures. Plume Network has partnered with Mercado Bitcoin to bring $40 million worth of tokenised real-world assets to the Latin America-based trading platform. Mercado Bitcoin will leverage Plume Network’s blockchain infrastructure and layer-1 blockchain to tokenise…