Author: Yeek.io

AI and blockchain are still integrating at an incredibly fast speed as we see AI agents in cryptocurrencies. Machine learning and Artificial intelligence agents are now impacting the blockchain systems and the prospects of the associated digital assets by making process automate, efficient and dynamic. As we look forward to the year 2024, there are several AI agents tokens which are coming into the lime light among the investors and developers. Of them, $AGENTS and $QET are top contenders for the relevant PoC space. Today, the four most promising AI agent tokens, which are expected to see increased activity in…

Homepage > News > Business > South African Reserve Bank gov hits out at US ‘crypto regulatory capture’ The ‘crypto’ sector has been celebrating Donald Trump’s election and inauguration as the United States president, but according to South Africa’s central bank governor, the sector’s heightened influence in American politics amounts to regulatory capture. South African Reserve Bank (SARB) Lesetja Kganyago recently shared the stage with ‘crypto’ executives at the World Economic Forum (WEF) in Davos, Switzerland, where the new era of digital assets under the Trump administration took center stage. Coinbase (NASDAQ: COIN) CEO Brian Armstrong praised the new president…

Chainlink has launched a new product aimed at the decentralized finance market. According to a blog post, the Chainlink DeFi Yield Index is a data product that leverages the decentralized oracle network’s standard to aggregate lending rates across the decentralized finance ecosystem. Chainlink (LINK) has integrated zero-knowledge proof data platform Space and Time to introduce the Chainlink DeFi Yield Index to the market. Space and Time is a leading data warehouse that recently raised $20 million from venture capital investors. The DeFi Yield Index uses Space and Time’s blockchain indexer and database to bring real-time on-chain activity to the index,…

Quick take: Elastos is building BeL2, a utility layer developed to turn Bitcoin into a more preferred blockchain for DeFi apps. BeL2 allows stakeholders to run zkBTC full nodes on mobile phones, the company states on its website. This eliminates the need for third-party confirmations, thus forming a decentralised native BTC settlement network. Elastos has announced $20 million in funding from private investment company Rollman Management, according to a CoinDesk report. The fresh capital will go towards scaling the Bitcoin-based protocol’s BeL2 network.  Described as a decentralised clearing network, Bel2 is a utility layer being developed to turn Bitcoin into…

Ethereum average active addresses surged to 670K.  ETH’s recent decline exposed Trump’s WLFI to a $14.9M unrealized loss.  Ethereum’s [ETH] active addresses have surged 37% and surpassed March 2024 highs, signaling increased network activity in early 2025. Per blockchain analytics firm IntoTheBlock, the network addresses soared to 670K last week, compared to over 400K in March 2024.   “The average number of active Ethereum addresses surpassed 620k last week, the highest since March 2024!” Source: IntoTheBlock Although a single entity can open several addresses and dilute the metric, the steady growth suggests massive adoption of the network.  Big players driving DeFi…

Trump Media & Technology Group (TMTG) has announced a new crypto venture, Truth.Fi, in partnership with Charles Schwab, a giant of the financial services industry. The venture, which is being called ‘a natural expansion of the Truth Social movement,’ will offer several investment options, including Bitcoin and other cryptocurrencies. It’s also worth recalling how positively Trump’s previous crypto ventures impacted the market. For instance, the launch of $TRUMP was a blockbuster success, as the meme coin soared over 12,000% overnight. The meme coin became one of the top 5 cryptocurrencies in the world in terms of market capitalization almost immediately…

Analysts warn the current price of $0.31 for HBAR might keep sliding further downwards. The Awesome Oscillator (AO) is a momentum indicator that has had red bars since January 21st. This suggests that sellers are in control and market sentiment remains negative.A descending trendline forms when an asset consistently hits lower highs, showing a prolonged downtrend. Trading below this line indicates ongoing weakness in price action. If selling pressure persists, HBAR could see an 18% drop, bringing its value down to $0.26.Additional selloffs could plunge the token further down, the next key support being at $0.22. However, this might quickly…

Blockchain technology has come a long way, yet it still feels intimidating to many. That’s where Abstract Web3, having just launched its mainnet, enters the scene. Built as an Ethereum Layer 2 (L2) solution, Abstract could bring blockchain into the mainstream by focusing on ease of use. Think of it as the missing bridge between traditional online experiences—often called Web2—and the more advanced but sometimes confusing world of Web3. In this article, we’ll look at Abstract’s backstory, examine its technical foundations, explore its features, and discuss real-world applications. We’ll also share simple steps for getting started and consider how Abstract…

Homepage > News > Business > Pro-crypto Scott Bessent chosen as US Treasury secretary The United States Senate has confirmed President Donald Trump’s pick for Treasury secretary, known pro-crypto advocate Scott Bessent. The billionaire hedge fund manager from South Carolina will preside over the nation’s tax collections and its $28 trillion Treasury debt market, holding influence over fiscal policy, financial regulations, international sanctions and investments from overseas. Basset was confirmed on January 27 by a Senate vote of 68 in favor to 29 against, with 16 Democrats supporting the nomination. The 62-year-old was a major donor, fundraiser, and economic advisor…

Andre Cronje, the founder of Sonic, wrote that pressure from the United States Securities and Exchange Commission led to his abrupt departure from the cryptocurrency industry in 2022. In a new blog post, Cronje detailed a years-long struggle with the regulator that ultimately forced him to step away from public engagement with decentralized finance. Cronje, best known for launching Yearn Finance in 2020, said he deliberately avoided raising funds or selling tokens to steer clear of regulatory scrutiny. However, in 2021, he received his first inquiry from the Securities and Exchange Commission requesting details about Yearn Finance’s investors and profit…