Author: Yeek.io

TikTok users playing the tap-to-earn game SonicX will soon receive $SONIC tokens as part of an airdrop scheduled for January 2025.The game, which launched in October 2024, has attracted over two million players and integrates blockchain technology through the Solana-based Sonic SVM platform. This initiative represents a step forward in connecting blockchain gaming with social media platforms, leveraging TikTok’s global reach.Unlike many blockchain-based games, SonicX offers a seamless experience for players unfamiliar with cryptocurrency. With the upcoming airdrop, SonicX aims to reward its growing user base whilst drawing attention to the tap-to-earn gaming trend. Source: Sonic SVMWhat is SonicX?SonicX is…

Crypto hacks in 2024 caused nearly $3 billion in damages, with access control flaws driving 78% of the losses, data shows. 2024 proved to be another challenging year for blockchain security, with nearly $3 billion lost to crypto hacks, according to Hacken’s latest research report. Although the total financial impact was on par with 2023, attacks exploiting access control vulnerabilities surged sharply. Hacken’s data shows these flaws accounted for 78% of the losses, affecting a wide range of sectors, including decentralized finance, centralized finance, and gaming/metaverse platforms. Crypto losses by category | Source: Hacken According to the report, access control…

In today’s rapidly advancing technological landscape, both Edge AI and Local AI are emerging as essential computing strategies, providing new capabilities for industries looking to harness the power of artificial intelligence outside of traditional cloud or centralized systems. While they both fall under the broader umbrella of decentralized computing, Edge AI and Local AI serve unique purposes and are suited for different types of applications. To truly understand these nuances, it’s crucial to explore how each operates, the advantages and disadvantages of each approach, and the specific use cases where one may excel over the other. What is Edge AI?…

Bitcoin vs. altcoins — a tussle emerges in volume and price. While Bitcoin shows dominance in these areas, the altcoin index has shown volatility.  As the holiday season progresses, the cryptocurrency market has been buzzing with activity, showcasing a battle for dominance between Bitcoin [BTC] and altcoins. Historically, this period has been marked by unique market dynamics, with Bitcoin often perceived as a stable choice while altcoins cater to risk-tolerant traders seeking high returns. Analysis reveals the intricate interplay between these two segments, offering insights into which could emerge as the holiday season winner. Bitcoin: A steady performer amidst market…

Bitcoin is showing remarkable resilience as it holds strong above the $92,000 demand level, reflecting a bullish structure in the face of recent volatility. Yesterday, the leading cryptocurrency surged to $99,400, signaling renewed momentum and increasing optimism among investors. This surge reaffirms Bitcoin’s ability to bounce back from local lows, maintaining its upward trajectory. Top analyst Axel Adler shared valuable insights on X, highlighting that the current macro correction remains well within the acceptable range of historical price drawdowns. According to Adler, the local maximum drawdown sits at 11.7%, a figure that aligns with previous healthy corrections during bullish cycles.…

Este artículo también está disponible en español. A crypto analyst, known as ‘CryptoSanders9563’, disclosed in a report on TradingView that the Dogecoin price has broken out of a symmetrical triangle pattern. This technical pattern, signaling a bullish continuation for Dogecoin, is expected to trigger a price surge to a new target above $0.375.  Symmetrical Triangle To Drive Dogecoin Price Above $0.37 CryptoSanders has shared a Dogecoin price chart, showing a symmetrical triangle pattern formed by converging trendlines. According to the TradingView analyst, Dogecoin’s price broke above the symmetrical triangle’s upper trendline at approximately $0.316, confirming a bullish breakout and signaling…

Este artículo también está disponible en español. As 2024 nears its conclusion, Ethereum price fluctuations are being closely monitored. The trajectory of the cryptocurrency is critically influenced by key resistance and support levels, as indicated by recent analysis from crypto experts, which suggests a cautiously optimistic outlook. Related Reading Important Price Levels To Monitor Analyzing cryptocurrencies, Justin Bennett emphasized the importance of Ethereum recovering the $3,540 level over the weekly period on December 22. This pricing range is regarded as necessary to show a potential change in the market toward optimism. Should Ethereum be unable to clear this barrier, it…

The world of Non-Fungible Tokens (NFTs) has seen a rapid expansion over the last few years, with various platforms offering unique ways to buy, sell, and trade digital assets. Among the many marketplaces that have emerged, X2Y2 has quickly become one of the most popular options for NFT enthusiasts. In this article, NFT Droppers explores the X2Y2 NFT marketplace, its key features, and why it’s gaining traction in the world of digital assets. What is X2Y2? X2Y2 is a decentralized NFT marketplace that allows users to buy, sell, and trade digital assets in a secure and transparent environment. Launched in…

The synergy between AI advancements, the rapid growth of IoT devices, and the capabilities of edge computing has ushered in a new era: edge AI. This potent combination enables artificial intelligence to operate at the network’s edge—where data originates—delivering applications and insights in real time, even in remote or resource-constrained environments. Edge AI is transforming industries and applications once considered impossible. It enhances precision for radiologists diagnosing pathologies, powers autonomous vehicles on highways, and assists in diverse tasks like automated pollination in agriculture. Edge AI solutions are pushing the boundaries of what AI can do in every sector, from healthcare…

In 2024, ELLIPAL, a leading manufacturer of air-gapped cold wallets known for its highly secure and innovative solutions, faced a challenge familiar to many in the crypto industry: How to improve wallet functionality, acquire new users, and keep them engaged in an increasingly competitive market? To address this, ELLIPAL integrated Changelly’s crypto-to-crypto exchange API. The result? Better transaction speeds, a wider range of trading options, and measurable improvements in user activity and business performance. This move not only boosted transaction volumes but also reinforced ELLIPAL’s position as a cutting-edge brand in the crypto wallet space. This case study takes a…