Author: Yeek.io

Homepage > News > Business > Hong Kong boosts AI drive; Arm unveils chip for IoT devices Hong Kong is exploring the potential of advanced artificial intelligence (AI) capabilities and is investing in the development of the local ecosystem and its integration into public services. While the region is keen on broad AI development, most of its initiatives are centered around Cyberport, Hong Kong’s digital business hub. The unveiling of Cyberport’s 2025-2026 budget confirms the city-state’s intent to transform the region into a key hub for emerging technologies in Southeast Asia. A brief examination of the budget shows significant spending by the Chinese…

Cardano’s price drop is paired with stagnant user engagement and a cooling derivatives market. Fading interest in ADA signals declining relevance, as the market shifts toward faster, newer assets. Cardano [ADA] is slipping — and not just in price. The network has shed over 9% in the past week, but what’s more telling is the stall in daily active addresses, even as other altcoins show signs of revival. With Open Interest and Funding Rates offering little momentum, the data points to a deeper problem: fading user engagement and a lack of conviction from traders, raising questions about ADA’s relevance in…

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…

Crypto users have reported a rise in scam emails made to look like they’re from crypto exchanges Coinbase and Gemini that attempt to get users to set up a new wallet with pre-generated recovery phrases controlled by scammers.In several examples posted to X, the email claims to be from Coinbase, asking users to transition to self-custodial wallets and providing instructions on downloading the legitimate Coinbase Wallet, giving a deadline of April 1 to make the switch.Source: Steve KaczynskiHowever, it also provides pre-generated recovery phrases. Once users open a new wallet with those phrases and transfer funds, all the assets will…

The average Ethereum gas fee has dropped by 95% in the year following the Dencun upgrade, one of Ethereum’s most significant network improvements.On March 13, 2024, Ethereum’s Dencun upgrade was rolled out. The upgrade combined the Cancun upgrade on the execution layer and the Deneb upgrade on the consensus layer. It also introduced nine Ethereum Improvement Proposals (EIPs).The primary goal was to enhance Ethereum’s scalability and reduce transaction costs for layer-2 networks. According to YCharts data, Ethereum’s average gas fee has fallen from 72 gwei in 2024 to just 2.7 gwei as of March 12, 2025.Last year, an average swap…

Crypto platform Debiex has been ordered to pay around $2.5 million after it failed to respond to a US Commodity Futures Trading Commission suit accusing it of being a romance scam ring.Arizona federal court Judge Douglas Rayes on March 13 granted the CFTC’s earlier motion for summary judgment in its case and ordered Debiex to pay back around $2.26 million it stole from its customers, along with a civil penalty of nearly $221,500.Judge Rayes said there was no evidence that Debiex’s failure to respond to the CFTC was the result of “excusable neglect.”The CFTC sued Debiex in January 2024, saying…

Homepage > News > Finance > RBI sets sights on UPI expansion, payment linkages The newly appointed governor of the Reserve Bank of India (RBI), Sanjay Malhotra, announced that the central bank will expand the reach of United Payments Interface (UPI) bilaterally by linking UPI with fast payment systems of other countries and facilitating efficient cross-border payments. Simultaneously, the RBI will explore linking payment systems other than UPI to improve cross-border payment effectiveness and foster innovation in payment systems through “soft-touch regulations” within established boundaries.  “While in domestic payments, the success of UPI has propelled India to a leadership position with a share of 48.5…

Technical analysis showed multiple reasons why the $20 area was a formidable resistance zone for AVAX bulls. A minor price bounce was possible, but a bearish move was likely to commence soon. In early March, Avalanche [AVAX] was forecast to see a 10% price bounce, but the downtrend was expected to continue, and this had come to pass. Later, a price drop to $14 was anticipated in an analysis, and AVAX fell to $15.2 a week later. The bearish outlook remained in place. The demand was not strong enough to coax Avalanche out of its downtrend, and firm resistance zones…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP has finally found stability above crucial demand levels after enduring weeks of heavy selling pressure and market uncertainty. Despite the broader crypto market’s volatility, XRP remains within a long-term range, trading between its $1.90 low and the $3.40…

XRP (XRP) price versus Ether (ETH) reached its highest level in five years over the weekend, extending its recovery.On March 15, the XRP/ETH pair touched 0.00128 ETH for the first time since April 2020. That amounts to a 925% rebound when measured from its all-time low of 0.00013 ETH established in June 2024 and approximately 620% gains since November 2024, when Donald Trump won the US presidential election.XRP/ETH weekly price chart. Source: TradingViewXRP potential breakout versus ETHThe XRP/ETH rally is fueling speculation among market watchers that XRP could flip Ether to become the second-largest cryptocurrency by market capitalization.For instance, analyst…