Author: Yeek.io

XRP is steadily gaining strength as its price nears the critical $2.9 resistance level, sparking excitement in the market. The surge represents a significant shift in market dynamics, with XRP showing signs of resilience and a potential breakout on the horizon. Supported by growing buying interest and favorable technical signals, the altcoin is setting the stage for what could be a decisive move upward. As the asset inches closer to this pivotal level, traders are carefully monitoring its price action. A successful breakout would reinforce the bulls’ control and attract further interest, while a rejection could prompt a reassessment of…

Decentralization, n. The security assumption that a nineteen year old in Hangzhou and someone who is maybe in the UK, and maybe not, have not yet decided to collude with each other. There has been a large amount of ruckus in the past week about the issue of mining centralization in the Bitcoin network. We saw a single mining pool, GHash.io, amass over 45% hashpower for many hours, and at one point even grow to become 51% of the entire network. The entire front page of the Bitcoin reddit was ablaze in intense discussion and a rare clash of complacency…

Somnia, a Layer-1 blockchain focused on high-demand consumer applications, has unveiled a plan to bring millions of traditional gamers onto the blockchain. At the core of this strategy is Somnia’s ability to handle more than 400,000 transactions per second (TPS), a level of speed that can support those gamers without causing slowdowns. Its developers have also announced a $10 million grant program to encourage talented teams to build games and applications on the network. One of the reasons Somnia Gaming can handle large-scale games is the strong performance shown on its devnet. These tests have demonstrated super fast transaction times…

Homepage > News > Business > The newly formed Teranode Group launches today and appoints Giuliano Di Vitantonio as CEO Combining the shared expertise of a suite of market-leading businesses focused on blockchain solutions for enterprise customers. Zug, Switzerland, 15 January: The Teranode Group (Teranode) launches today combining the collective strengths of market leading blockchain innovations to form a unified group, positioned for growth in a rapidly advancing space.  Teranode is a global organization incorporating businesses with extensive expertise in the blockchain space, from intellectual property, web development and transaction processing capabilities to vertical solutions and digital asset recovery. The group’s…

The AI revolution isn’t just transforming our jobs and how we work; it’s revolutionising how we look for work.  In a competitive job market, leveraging AI tools for job hunting isn’t savvy; it’s essential if you want to maximise your applications and be as proactive as possible. Plus, it’s something prospective employers are looking for—according to Microsoft’s 2024 Annual Work Trend Index, 71% of leaders are now looking for candidates with AI skills over relevant industry experience. That said, you’ll still need to show off your skills and experience in the best way possible to bag an interview, and this…

Shiba Inu price drops 33% from December highs but signals of a potential rebound emerge Shiba Inu (SHIB), the second-biggest meme coin, rose to a high of $0.00002215, up 12% from its lowest swing this week. It has lagged behind other popular meme coins like Fartcoin, ai16z, and Dogwifhat. A likely reason for SHIB’s underperformance is that Shibarium, its layer-2 network, is not doing well. While the number of transactions is nearing the 800 million milestone, total transaction fees have continued to decline. On Tuesday, the network collected 640 BONE in fees, valued at less than $300 Shibarium’s performance has…

The Ethereum (ETH) layer-2 protocol developed by consumer electronics and entertainment giant Sony Group is now live. Sony Group says the Soneium Mainnet, which is developed by Sony Block Solutions Labs and powered by Optimism Foundation’s Superchain technology, is now operational. The Japanese conglomerate announced the development of Soneium in August of 2024. The consumer electronics and entertainment giant says Soneium’s goal is to “provide use cases that creators and fans can benefit from” through the open and global blockchain technology. “In this early phase, we aim to maximize creators’ creativity, benefits, and fan engagement onchain. By protecting content rights…

The price of Algorand jumped more than 20% in 24 hours, retesting the key resistance level of $0.44 on Jan. 15. Algorand (ALGO) rose sharply as a bullish flip that buoyed XRP (XRP) to highs of $3 for the first time since 2018 also helped Stellar (XLM) higher.  With a 20% price increase, Algorand became the second-biggest gainer among the top 100 cryptocurrencies by market cap during the period. The only token to outperform it was Virtuals Protocol (VIRTUAL), which continues to rally amid growing interest in AI agent-based technologies. For Algorand bulls, the surge to $0.44 marks a return…

What is Cryptomus?Cryptomus is a user-friendly centralized cryptocurrency exchange (CEX). It emphasizes cost, security, and ease of trade. The site has more than 400,000 active users and offers a range of trading alternatives for both new and seasoned traders. Thanks to creative payment solutions like the auto-conversion option, it has a solid reputation in the business-to-business industry.With over 100,000 institutional clients, the platform manages transactions, guaranteeing competitive spreads and strong liquidity. Because of this, it is a desirable option for businesses and high-frequency traders.Core Features of CryptomusCryptomus offers several tools tailored to traders’ and businesses’ needs. Here are its standout…

Community backlash erupts after Soneium’s launch, with critics labeling its restrictions as anti-decentralization. Japanese multinational conglomerate Sony is stepping into the blockchain spotlight with the launch of Soneium, its layer-2 solution built on the Ethereum network. Designed to “unlock new possibilities, enhancing fan engagement and leveraging the transformative potential of web3 technology,” Soneium promises a future where creators, fans, and developers collaborate in a decentralized digital space, according to the Jan. 14 mainnet launch announcement. But not everyone’s buying it — crypto diehards are up in arms over the platform’s controversial approach to intellectual property protection. What is Soneium Soneium…