Author: Kryptonews

What is Blockchain? At its core, blockchain is a distributed digital ledger technology that allows multiple parties to record and verify transactions without the need for a central authority. Its key innovation is the ability to secure transactions in a tamper-proof and transparent manner by linking them into sequential "blocks" that form a "chain." Unlike traditional databases, blockchains are decentralized—meaning they are maintained by a network of computers rather than a single entity. This decentralized architecture helps prevent fraud, ensures data integrity, and supports peer-to-peer transactions. Blockchain technology underpins cryptocurrencies like Bitcoin and Ethereum but is also used in supply…

The BitMEX crypto exchange’s security team discovered gaps in the operational security of the Lazarus Group, a North Korean (DPRK) government-sponsored cybercrime network, following a counter-operations probe into the organization, which exposed IP addresses, a database, and tracking algorithms used by the malicious group.Security researchers for the exchange say there is a strong likelihood that at least one hacker accidentally revealed his true IP address, which showed the actual location of the hacker to be in Jiaxing, China.Additionally, the BitMEX researchers say they were also able to gain access to an instance of the Supabase database, a platform for easily…

American economist Paul Krugman, who won the Nobel Prize in 2008, believes that stablecoins do not have any practical utility. In a May 30 blog post entitled ‘Digital Corruption Takes Over DC,’ Krugman opined that “stablecoins don’t serve any clearly useful function,” adding:“They [stablecoins] can’t be used to make ordinary purchases, and there’s nothing you can do with them that can’t be done more cheaply and more easily with debit cards, Venmo, Zelle, wire transfers, etc.”Therefore, Krugman questioned why anyone would not just use U.S. dollars instead of using tokens that are “supposedly backed by dollars.”According to Krugman, stablecoins offer…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum price has slowed down — repeatedly failing to breach the resistance zone around $2,800 — over the past few weeks after making a strong start to the month of May. The second-largest cryptocurrency will aim to replicate this brilliant form in the early days of June in order to reclaim the coveted $3,000 level over the coming months. Since losing the $3,000 level in early February, the price of ETH has struggled to build a sustained bullish momentum, reaching only above $2,700 multiple times in…

The winds of change are blowing through the financial landscape, and Bitcoin, the original cryptocurrency, remains a central force driving this transformation. While still volatile, its narrative has evolved from a niche technology to a mainstream contender, embraced by an increasing number of individuals and businesses alike. Gone are the days when Bitcoin was exclusively associated with the dark web; now, it’s becoming a legitimate alternative and complement to traditional financial systems.## The Growing Individual Adoption of BitcoinFor individual users, the appeal of Bitcoin lies in its decentralized nature, offering freedom from centralized control by banks and governments. In countries…

In recent years, blockchain technology has emerged as a powerful solution for addressing complex challenges across multiple industries. Its decentralized, immutable, and transparent nature makes it an ideal framework for enhancing security, efficiency, and trust in various domains. This article explores how blockchain is transforming supply chain management, healthcare, and other sectors by eliminating intermediaries, improving data integrity, and fostering collaboration among stakeholders. Blockchain in Supply Chain Management One of the most promising applications of blockchain is in supply chain management, where it helps track goods from origin to delivery, ensuring transparency and accountability. Traditional supply chains often suffer from…

Today’s episode is sponsored by CME Group.Today’s Stories:Bitcoin Jumps to $30K, Then Dumps, as False Spot ETF Approval Report CirculatesFrom our sponsors:CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin andether trading. These cash-settled contracts give full exposure to crypto performance without thehassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in atransparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more.Disclaimer:This communication is not directed to investors located in any particular jurisdiction and is notintended to be accessed by recipients based in jurisdictions in which distribution is notpermitted. The information herein should not be considered investment advice…

The following is an update from Ethereum Foundation Fellow Marcus AM. Hola 👋, my name is Marcus and I’m a researcher and builder from Guatemala, and an EF Fellow. An optimist at heart, I’m driven by leveraging social, cultural and technological innovation to build better societies – a conviction I’ve held from a young age. Guatemala: A Country of Challenging Opportunities As a child, I would spend my weekends accompanying my father to visit many of Guatemala’s most desolate townships. At the time, he ran a non-profit whose mission was to deliver last-mile healthcare and establish educational programs. The community…

Blockchain technology offers unparalleled transparency, security, and efficiency for businesses, but building a blockchain-based enterprise is far from straightforward. The path is fraught with technical complexities, logistical hurdles, and scalability concerns. Below is a breakdown of the key challenges and strategies for overcoming them. Understanding the Core Challenges Before diving into solutions, businesses must acknowledge the primary obstacles they will face: 1. Scalability and Performance Traditional blockchain networks (like Bitcoin or Ethereum) struggle with transaction throughput, meaning they can only handle a limited number of transactions per second. For business applications, this is insufficient—especially for real-time processes. Solutions include: Layer-2…

Solana (SOL) remains under pressure as macroeconomic headwinds—particularly renewed tariff concerns — rattle investor confidence. The token is now hovering around $154.50 after establishing a tight trading range between $152.33 and $158.06, reflecting a 3.76% swing in the past 24 hours, according to CoinDesk Research’s technical analysis data model.Although higher lows had previously suggested resilience, SOL slipped from $156.74 to $154.86 in a single hour, breaking beneath its mid-April uptrend channel.Derivatives data reflects bearish sentiment: open interest in SOL futures is down 2.47% to $7.19 billion, while long liquidations surged to $30.97 million, indicating pressure on leveraged positions. Short liquidations…