Author: Kryptonews

James Ding May 26, 2025 15:40 Gala Games’ Town Star unleashes major discounts on NFTs during the May 2025 sale, offering players exclusive benefits and transformative in-game assets. Gala Games has announced its Town Star May Discounts 2025 Special Sale, providing players with a unique opportunity to acquire valuable NFTs at significantly reduced prices. The sale, which runs from May 26 to June 1, 2025, features several in-game assets at discounts of up to 60%, according to Gala News. Exclusive NFT Offers The sale includes three notable NFTs: the Fruits Greenhouse (Epic), Master…

Crypto exchange Bitget has entered the expanding market for crypto investment products with the launch of BGUSD, a yield-bearing stable asset backed by tokenized real-world assets.The company announced that BGUSD offers an annual yield of 4%, which is credited daily to users’ spot accounts. Subscriptions to BGUSD can be made using either USDC (USDC) or USDt (USDT), and the asset is redeemable back to USDC on demand.The company said the yield is derived from a basket of tokenized instruments, including US Treasury bills and high-grade money-market funds. “These assets are managed via partnerships with regulated institutional tokenization providers such as…

Introduction to ERC20 Token Development The ERC20 token standard is the cornerstone of the Ethereum blockchain’s token economy, defining a common set of rules and functionalities for fungible tokens. Developers building on Ethereum widely adopt this standard due to its interoperability with wallets, exchanges, and other smart contracts. ERC20 tokens enable seamless interactions across the blockchain ecosystem, ensuring predictable behavior for transfers, approvals, and contract interactions. However, mastering their development requires adherence to best practices, specialized patterns, and flawless smart contract coding. In this guide, we will walk through the essential elements of ERC20 token development, along with actionable code…

Blockchain.com is stepping up its presence in Africa, targeting markets where governments are beginning to implement formal crypto regulations.The United Kingdom-based exchange plans to open a physical office in Nigeria during the second quarter of 2025 — its “fastest-growing market” in West Africa — amid broader expansion efforts in Ghana, Kenya and South Africa, according to a May 27 report by Bloomberg.“Nigeria has taken meaningful steps toward creating a clear framework for crypto,” Owenize Odia, Blockchain.com’s general manager for Africa, reportedly said.The move comes as global sentiment shifts, including political tailwinds from the United States, where President Donald Trump’s pro-crypto…

In brief Jupiter’s JUP token spiked 18% during the U.S.’s Memorial day before cooling to a 4% daily gain as Solana DeFi activity surged. Analysts say the rally was driven by a mix of product launches, meme market revival, and Bitcoin’s breakout. Jupiter remains the second-largest DEX aggregator by volume, handling over $1B in daily trades. Jupiter’s native token JUP jumped as much as 18% on Monday before retracing, marking one of the day’s top moves among major altcoins, as broader crypto markets rallied on Bitcoin’s break above $109,000.The sudden spike came after the largest DEX aggregator on Solana recently…

Why are central banks looking at blockchains? Central banks are tiptoeing into the world of blockchain not because it is fashionable but because every part of the money-making machine, from settlement rails to asset custody, is slowly being rewritten as code.The financial industry is already tokenizing money-market funds, Treasurys and even bank deposits. According to the Atlantic Council, 134 jurisdictions are studying or piloting a central bank digital currency (CBDC), up from just 35 in 2020. Meanwhile, commercial banks have begun to warn that if they cannot move tokenized deposits across public blockchains such as Solana or private ledgers like R3…

Bitcoin, the pioneering cryptocurrency, has captivated the financial world with its volatility, potential, and underlying technology. As we navigate through 2022, the question on every investor’s mind remains: what are the long-term prospects for Bitcoin and where are prices headed? Predicting the future of such a dynamic asset is fraught with uncertainty, but by examining key influencing factors, regulatory developments, and adoption rates, we can attempt to paint a picture of Bitcoin’s potential trajectory.## Examining Bitcoin’s Core StrengthsBitcoin’s enduring appeal stems from several inherent characteristics that differentiate it from traditional assets. Its decentralized nature, shielded from government control and censorship,…

Blockchain governance models serve as the backbone of distributed systems, ensuring network security, consensus, and decentralization. Among the various consensus mechanisms, Delegated Proof-of-Stake (DPoS) stands out as one of the fastest and most efficient—but also one of the most controversial. Below is an in-depth look at DPoS, exploring its mechanics, benefits, and drawbacks. How DPoS Works DPoS is a voting-based consensus algorithm where users elect "delegates" (often called "validators" or "block producers") to validate transactions and create blocks. Unlike Proof-of-Work (PoW), which requires massive computational power, DPoS relies on a democratic process where users vote for their preferred validators using…

A widely followed crypto analyst says that meme asset Dogecoin (DOGE) is facing a crucial turning point while updating his outlook on a handful of other altcoins. In a new thread, crypto trader Ali Martinez tells his 138,500 followers on the social media platform X that resistance around the $0.26 level is key for the dog-themed digital asset. The trader shares a chart suggesting that $0.26 is a price area that appears to be a trend shift level for DOGE. “This level remains the most important resistance wall for Dogecoin.” Source: Ali Martinez/X Dogecoin is trading for $0.22 at time…

Solana Foundation introduced the Solana Attestation Service on May 23, positioning the protocol as a trust layer for what the network’s backers call “internet capital markets.”The open-source service lets approved issuers bind off-chain credentials, such as know-your-customer results, geographic eligibility, or accreditation status, to a user’s wallet address without exposing personal data on-chain.Attestations live inside the wallet, travel across applications, and are verified with a software development kit call.According to the announcement, the design removes repetitive onboarding checks and eliminates the need for each project to store sensitive identity records.Portable credentials aim to streamline complianceThe Foundation said developers can deploy…