Author: Kryptonews

U.S. President Donald Trump’s private dinner gala with the top 220 holders of his memecoin, which generated controversy from its announcement, took place on May 22. But what was touted as “the most exclusive invitation in the world” elicited mixed and wide-ranging responses from its attendees.While some complained about the quality of the food and the lack of interaction with Trump, others appreciated the networking opportunity with the crypto world’s luminaries.The distinguished attendeesTron founder and crypto billionaire Justin Sun was the top TRUMP memecoin holder at the event. He was probably also the most controversial figure attending the event.But Sun…

A look back at 2023, and a glimpse at what lies ahead in 2024 2023 was an excellent year for the team behind the ethereum.org website, and its community — we already feel a little nostalgic, but it’s important to make space for celebrating the things the ethereum.org community helped us build in 2023 and continue the momentum in 2024. In that spirit, we prepared a recap with our 2023 highlights of the ethereum.org community — enjoy the reading! The highlights 📚 ethereum.org Translatathon 56 languages, 217 participants, and 1.47 million words (🤯) translated in a one-week online competition, the…

Web3 Evolution: How Blockchain, AI & Zero-Knowledge Proofs Will Converge in 2025 Introduction to Web3 and the Technologies Converging in 2025 Web3 represents the next generation of the internet—one that is decentralized, user-centric, and built on blockchain technology. In 2025, three key innovations—blockchain, artificial intelligence (AI), and zero-knowledge proofs (ZKPs)—are expected to converge, revolutionizing how we interact with the digital world. Blockchain: The Foundation of Web3 Blockchain technology provides the foundational infrastructure for Web3—a decentralized, secure, and transparent ledger for transactions, data management, and smart contracts. In 2025, expect advancements such as: Scalability Improvements – Solutions like rollups, sharding, and…

Non-fungible token marketplace OpenSea has urged the US Securities and Exchange Commission to exclude NFT marketplaces from regulation under federal securities laws.The SEC needs to “clearly state that NFT marketplaces like OpenSea do not qualify as exchanges under federal securities laws,” OpenSea general counsel Adele Faure and deputy general counsel Laura Brookover said in an April 9 letter to Commissioner Hester Peirce, who leads the agency’s Crypto Task Force.Faure and Brookover argued that NFT marketplaces don’t meet the legal definition of an exchange under US securities laws as they don’t execute transactions, act as intermediaries or bring together multiple sellers…

Today’s episode is sponsored by CME Group.To get the show every day, follow the podcast here.Today’s Stories:Bitcoin’s 4% Drop Cools Overheated Funding Rates, Data ShowPudgy Penguins to Launch Webkinz-like Virtual World in 2024It’s All a Game | MessariNFT Dashboard / CryptoSlam!NFT Price FloorFrom our sponsors:CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more.Disclaimer:This communication is not directed to investors located…

AI agents in crypto are increasingly embedded in wallets, trading bots and onchain assistants that automate tasks and make real-time decisions.Though it’s not a standard framework yet, Model Context Protocol (MCP) is emerging at the heart of many of these agents. If blockchains have smart contracts to define what should happen, AI agents have MCPs to decide how things can happen.It can act as the control layer that manages an AI agent’s behavior, such as which tools it uses, what code it runs and how it responds to user inputs.That same flexibility also creates a powerful attack surface that can…

Introduction to Smart Contracts and Blockchain Smart contracts and blockchain technology have revolutionized the way decentralized finance (DeFi) applications operate. These innovative tools enable secure, transparent, and automated financial transactions without the need for traditional intermediaries. In this article, we’ll delve into the fundamentals of smart contracts and blockchain, exploring how they power DeFi applications and the key benefits they offer. What Are Smart Contracts? Smart contracts are self-executing agreements with the terms of the deal directly written into lines of code. Unlike traditional paper-based contracts, smart contracts automate enforcement and execution once predetermined conditions are met. They operate on…

DDC Enterprise (DDC), an Asian food company, has announced the acquisition of 21 BTC as part of a long-term plan to incorporate the cryptocurrency into its corporate treasury.The company, led by founder and CEO Norma Chu, exchanged 254,333 class A ordinary shares for BTC, in a transaction valued at roughly $2.28 million, according to a press release.The move positions DDC among a growing cohort of public companies using BTC as a treasury asset. Two more purchases totaling 79 BTC are expected in the coming days, bringing the company’s initial holdings to 100 BTC.In a shareholder letter issued last week, Chu…

Key NotesUS President Donald Trump threatened a 50% tariff on EU imports.Bitcoin investors showed signs of consistent accumulation.Spot BTC ETFs recorded their third-largest weekly inflows. Right after Bitcoin (BTC) broke its previous all-time high of $109,000, a shocking wave of selloff was triggered from the US government’s side again. Bitcoin reached a new ATH of $111,970 on May 22, and the global crypto market cap surpassed the $3.5 trillion mark again. A day later, US President Donald Trump threatened the European Union with a 50% tariff on all imports. Trump said the negotiations with the EU were not going well.…

Over the last few weeks, major crypto assets have witnessed a surge in prices, but investors have not been scrambling to realize profits. This is evident in the level of flows recorded by crypto exchanges. According to a report by CryptoQuant, exchanges are seeing a sharp decline in inflows and deposits for bitcoin (BTC), ether (ETH), and Ripple’s XRP. This happens as prices near and record all-time highs (ATHs), suggesting investors are more intent on holding than selling. Selling Pressure on a Low On May 22, BTC hit an ATH of $111,861. When the digital asset surged close to and…