Author: Kryptonews

Joerg Hiller May 31, 2025 08:43 Governments are increasingly considering Bitcoin reserves to diversify portfolios and enhance financial autonomy. Discover how this trend is reshaping global monetary strategies. Bitcoin is steadily evolving from a niche digital asset into a critical component of global financial ecosystems. According to Chainalysis, this development has prompted governments worldwide to explore Bitcoin’s potential as a strategic reserve asset. This shift marks a significant phase in institutional and sovereign engagement with digital currencies.Bitcoin as a Strategic ReserveThe concept of a Bitcoin strategic reserve involves sovereign entities holding Bitcoin as…

Dear Ethereum community, builders, and researchers, At the first-ever Devconnect last year in Amsterdam in 2022, we came together for a week of in-depth workshops and discussions. Many that participated in the sessions and conversations told us they felt Devconnect had a significant impact on the ecosystem by driving progress in tangible ways. Many expressed their wishes for Devconnect to happen again, and after we saw the impact, we strongly agreed. Today, we can finally share that Devconnect is coming back and is planned for November 13-19 this year in Istanbul! 🇹🇷 What is Devconnect? Devconnect is a week-long gathering…

Bitcoin’s legal status is a patchwork, varying significantly from country to country, and even within regions of the same country. Understanding its legal classification is crucial for individuals and businesses engaging with the cryptocurrency in [Year]. This article provides a general overview, but consult legal professionals for definitive guidance in your specific jurisdiction. Acceptance and Regulation The degree to which Bitcoin is accepted and regulated ranges from complete prohibition to full integration into existing financial frameworks. Some nations have embraced it, viewing it as an innovative technology and a potential driver of economic growth. Others are wary, citing concerns about…

Major crypto exchange Coinbase has partnered with the digital platform security team Irdeto to, as the partners state, fight against piracy and cybercrime funded by cryptocurrency.Irdeto says that the collaboration will improve its Cyber Services, especially the Payment Disruption service. The team finds and removes threat actors that utilize crypto platforms to fund illicit activities.Per the press release, Irdeto provides Coinbase with comprehensive investigative reports to help them identify and remove bad actors. “This disrupts the criminals’ ability to receive payments for illegal services and halts their progression into more serious forms of cybercrime,” it argues. Lately, we have observed…

In brief Gaming startup Orange Cap Games acquired the Moonbirds NFT IP from Yuga Labs. Bored Ape Yacht Club creator Yuga Labs acquired Moonbirds and creator Proof in early 2024. Yuga Labs also recently parted with the CryptoPunks and Meebits IP as it refocuses on Bored Ape projects. Yuga Labs is serious about refocusing on the Bored Ape Yacht Club, the Otherside metaverse game, and related projects.On Friday, the crypto startup said that it had sold off yet another previously acquired NFT project IP, dumping the Moonbirds property that it purchased just over a year ago.The buyer is Orange Cap…

[Country/Region], a nation previously exhibiting a somewhat laissez-faire attitude towards cryptocurrency, has announced a new suite of stringent regulations aimed at tightening its grip on Bitcoin and other digital assets. These regulations, unveiled earlier today, are poised to reshape the local cryptocurrency landscape and potentially impact global markets. The Regulatory Framework: Key Changes The core of the new regulations revolves around mandatory registration for all cryptocurrency exchanges and service providers operating within [Country/Region]. This includes businesses involved in trading, custody, and wallet services. The registration process will require detailed information regarding the company’s ownership structure, financial standing, and anti-money laundering…

The Challenge of Scaling in Crypto One of the biggest hurdles preventing mainstream adoption of cryptocurrencies and decentralized applications (dApps) is scalability. While early blockchains like Bitcoin and Ethereum were groundbreaking in enabling trustless peer-to-peer transactions, they struggled with throughput—processing only a handful of transactions per second. This limitation meant that as user demand increased, so did congestion, transaction fees, and wait times, making them impractical for widespread real-world use. The Rise of Layer-2 Solutions and Sidechains To address these limitations, developers turned to Layer-2 solutions like rollups and sidechains. These technologies offload some of the processing burden from the…

The FTX Recovery Trust will begin distributing over $5 billion in cash and stablecoins to creditors starting on Friday, with funds expected to land in accounts within the next three business days via BitGo and Kraken.And there’s a chance this wave of repayments will help lift the crypto market, analysts at Coinbase wrote in a report on Friday.It’s the second major round of repayments following the exchange’s collapse. The first, which began on Feb. 18, returned roughly $7 billion to creditors with claims under $50,000. That did little to lift broader crypto markets at the time, which remained under pressure…

The US government has urged the Supreme Court not to take up a Coinbase user’s challenge against the Internal Revenue Service’s (IRS) effort to obtain his crypto transaction records.In a filing dated May 30, Solicitor General D. John Sauer argued that Coinbase user James Harper has no Fourth Amendment right to shield his financial records held by the exchange.The government claimed that Harper “voluntarily” shared his data with Coinbase, and that the IRS followed proper legal procedures to obtain it through a judicially approved summons.Harper’s case centers on a 2016 IRS investigation into widespread tax underreporting on cryptocurrency gains. At…

Bitcoin has revolutionized the financial world, offering a decentralized and transparent alternative to traditional currencies. While the concept may seem daunting at first, getting started with Bitcoin is simpler than you might think. This step-by-step guide clarifies the process and empowers you to take your first steps in the world of cryptocurrency. Understanding the Basics Before diving in, it’s crucial to grasp the fundamental concepts. Bitcoin is a digital currency, meaning it exists only in electronic form. It operates on a technology called blockchain, a distributed and secure ledger that records all transactions. Key characteristics of Bitcoin include: Decentralization: No…