Author: Yeek.io

Sonic SVM, the first Solana Layer-2 (L2) solution, is making waves with a groundbreaking token airdrop for users who delegate their SOL or Liquid Staking Tokens (LSTs) to Sonic’s Actively Validated Service (AVS) via Solayer. This airdrop, set to happen ahead of Sonic’s Token Generation Event (TGE) in Q1 2025, marks a unique opportunity for Solayer users to share in Sonic’s success as the platform grows.Sonic will distribute a portion of its upcoming token supply to active participants, including those who use Solayer and protocols built on it, like Adrastea—a restaking protocol that also supports Sonic AVS. A snapshot will be taken…

GOAT recorded a strong bullish bounceback after retesting the major support zone on the charts Almost $1 million in leveraged GOAT orders risk liquidation at $0.866 Goatseus Maximus (GOAT) seemed to be on its way back above $1 as it surged by more than 31% in the last 24 hours, at the time of writing. Its daily trading volume hit $390M too following a 7% hike – A negligible percentage when compared to the aforementioned price change. Source: CoinGecko On the charts, GOAT/USDT saw a downtrend but found a support zone around the $0.46 zone. This demand zone sparked a…

2023 was a big year for new blockchains. With the launch of zkSync Era, Polygon zkEVM, Celestia, Zora, Starknet, Linea, Scroll, Base’s Onchain Summer, and Solana’s resurgence — users and builders alike have been overwhelmed with more ways to transact and build. For new Layer 1s and Layer 2s, there is increasing competition to acquire users. This means teams need to evolve their strategies for reaching (and retaining) new audiences. At the same time, users are increasingly paying to use an array of different chains. Unlocking New Chains with Layer3 We believe in a multichain future and are making interoperability…

The Ronin Network, a prominent Web3 gaming ecosystem, has officially integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its canonical cross-chain infrastructure. This monumental upgrade marks a pivotal step in Ronin’s evolution, laying the groundwork for enhanced security, broader accessibility, and future growth. Following a rigorous bridge selection process, the Ronin community voted in favor of Chainlink CCIP to power the Ronin Bridge. As part of this transition, all assets currently bridged via the legacy Ronin Bridge will migrate to CCIP. This migration is scheduled to be fully implemented by January 2025. CCIP is now operational for bridging assets between Ronin,…

Este artículo también está disponible en español. The Dogecoin price journey toward the coveted $1 mark has been a topic of interest for crypto enthusiasts and traders alike. Reaching $1 would solidify Dogecoin into a new psychological threshold and into new all-time high prices. However, there have been differing perspectives as to how and when this would happen. A technical analysis on the TradingView platform suggests that the Dogecoin price may encounter resistance at $0.48, experience a decline, and then resume its upward trajectory towards $1 and beyond. Dogecoin Price Could Reject At $0.48 Dogecoin is currently trading below the $0.48…

What are Bitcoin ETFs?A Bitcoin ETF allows you to invest without the actual ownership of Bitcoin. It is traded on traditional stock exchanges. You will be able to buy shares in an ETF as you would with any stock, instead of in crypto wallets or exchanges.Most ETFs track the underlying price performance of Bitcoin either by holding the cryptocurrency outright or by utilizing futures contracts. The setup therefore provides a way for investors to benefit in the rises in the price of Bitcoin without ownership challenges.Why Bitcoin ETFs MatterApproval of Bitcoin ETF certainly shifted the dynamics of the cryptocurrency market.…

Exodus Movement announced updated figures for its digital asset holdings and swap volume as Bitcoin surpassed the $100,000 milestone. According to a note sent to crypto. news, the company disclosed preliminary financial data for the fourth quarter of 2024, reflecting strong performance in its exchange services.  Exodus reported holding over 1,900 Bitcoin (BTC) and 2,660 Ethereum (ETH) as of December 11. This marks an increase of 100 Bitcoin in its treasury since the end of Q3 2024.  CFO James Gernetzke attributed this growth to revenues generated from the platform’s exchange aggregator, which processed record volumes during the quarter. Exodus Movement…

You might have heard the term NFT airdrop floating around, but what does it actually mean for you? With the NFT market cap sitting at a whopping $40.19 billion and over 1.3 billion NFTs listed across more than 8 million collections, it’s clear this space is booming. In this guide, we’re diving into everything you need to know about NFT airdrops and how to get one for free. Key Takeaways:  NFT airdrops are free digital assets or collectibles sent to crypto wallets as rewards or promotions for community engagement. To claim NFT airdrops, connect your compatible wallet to the platform…

Goldman Sachs is in talks to pivot its digital asset platform into a standalone company as U.S. crypto adoption grows. According to Bloomberg, Goldman Sachs has engaged several market players as part of its plans to expand its blockchain infrastructure products to a bigger clientele. The bank’s global head of Digital Assets, Mathew McDermott, said in an interview that discussions with intermediaries are still in their early stages. McDermott added that Goldman Sachs’s timeline for realizing its strategy ranges between 12 and 18 months. Regulatory approvals and bureaucracy could also impact the bank’s roadmap, McDermott noted. The legacy wirehouse debuted…

In recent years, the landscape of cryptocurrency trading has undergone a dramatic transformation. The advent of blockchain technology and decentralized finance (DeFi) has paved the way for innovative mechanisms to enhance trading efficiency, security, and user experience. Among these innovations, the concept of swapping crypto has emerged as a game-changer. By enabling direct exchanges between different cryptocurrencies without the need for traditional intermediaries, swapping crypto is revolutionizing the way digital assets are traded. Understanding Crypto Swaps Crypto swaps, often facilitated through decentralized exchanges (DEXs), allow users to exchange one cryptocurrency for another directly. Unlike traditional trading on centralized exchanges, which…