Author: Kryptonews
A federal jury in Brooklyn has found Braden John Karony, former CEO of SafeMoon, guilty of conspiracy to commit securities fraud, wire fraud, and money laundering. The conviction follows an extensive 12-day trial and an 18-month investigation into one of the most high-profile crypto fraud cases in recent memory. Prosecutors alleged that Karony and his associates deliberately deceived investors by falsely claiming SafeMoon’s liquidity pool was locked and untouchable, when in reality, they were stealing millions from it to fund a lavish lifestyle. According to the official press release by the DOJ, evidence presented in court revealed that Karony used…
Key points:Bitcoin slipped below $109,588, but technical charts suggest traders are buying each dip.Excessive leverage in Bitcoin futures increases the risk of a quick correction.Select altcoins have turned down from their respective overhead resistance levels, signaling that the bears remain sellers on rallies.Sellers have pulled Bitcoin (BTC) back below the breakout level of $109,588, but lower levels are likely to attract buyers. Investor interest remains strong, with the US spot Bitcoin exchange-traded funds witnessing inflows of $934 million on May 22 and $608 million on May 21, according to SoSoValue data.Glassnode noted that the all-time high above $109,588 led to…
A new museum dedicated to the life and art of Frida Kahlo will open in Mexico City’s historic Coyoacán district this September. The museum will be set in the Casa Roja, a private residence purchased by Kahlo’s parents and passed down through the family over generations; it has been turned into an art institution by the Rockwell Group, a New York–based architecture firm. The house was gifted by the artist’s grandniece Mara Romeo Kahlo, whom the Kahlo family said was the artist’s closest living relative and heir. “This is a dream long held by our family,” said Mara Romeo Kahlo…
Introduction to Health & Fitness Maintaining good health and fitness is one of the most essential aspects of a balanced lifestyle. It involves physical activity, proper nutrition, and mental well-being to ensure overall longevity and quality of life. Engaging in regular exercise, eating a balanced diet, and managing stress are key components that contribute to better health. Physical Health Benefits Regular physical activity provides numerous health benefits, including improved cardiovascular function, stronger muscles, and increased endurance. Exercise also helps in weight management, reduces inflammation, and lowers the risk of chronic diseases such as diabetes and heart disease. Additionally, staying active…
IntroductionAs the cryptocurrency market continues to evolve, media headlines remain preoccupied with regulatory drama and developments like the potential approval of a spot Bitcoin ETF. However, savvy investors and seasoned market observers understand that tangible market maturation often starts far away from the regulatory stage. Real progress lies in real-world adoption—when corporations commit capital, consumer brands begin accepting digital assets, and crypto-native companies enter institutional territory. This week, Bitcoin (BTC) scored three notable milestones that reflect this shift: Top Win Holdings announced an organizational rebrand toward BTC integration, Steak N Shake began accepting bitcoin payments at select locations, and Galaxy…
Key Takeaways X experienced its third global outage this week, affecting users worldwide. The platform has not explained the repeated service failures despite the disruptions. Share this article Elon Musk’s social platform X, formerly known as Twitter, suffered its third major outage this week, as users around the world reported widespread disruptions early Saturday morning. The latest disruption follows similar service failures on Thursday and Friday.According to Downdetector, which tracks real-time user complaints, the outage peaked with more than 25,000 reports. Problems began around 8:37 a.m. ET, with users unable to load timelines, post updates, or access core features of…
Opinion by: Scott Lehr, adviser to Alteri.ioIn the world of cryptocurrency, knowledge isn’t just power — it’s a weapon. The recent collapse of Mantra’s OM token, which saw a 90% drop in value within hours, underscores how wallet intelligence can be leveraged with devastating effects.Wallet intelligence is the real-time analysis of blockchain data to extract insights from wallet behaviors, transaction patterns, and asset flows. Firms like Chainalysis and Arkham Intelligence have turned raw onchain activity into high-resolution surveillance, enabling everything from compliance monitoring to predictive trading. This level of insight gives a strategic advantage to those who can access it.Power…
The chief executive of non-fungible token platform Emblem Vault is warning X users to be wary of the video meeting app Zoom after a nefarious threat actor known as “ELUSIVE COMET” recently stole over $100,000 of his personal assets. On April 11, Emblem Vault CEO, podcaster and NFT collector Jake Gallen said on X that he had been battling a “complete computer compromise” that ended up with a loss of Bitcoin (BTC) and Ether (ETH) assets from different wallets. “Unfortunately, this led to $100k+ in purchased digital assets being lost,” he said. Days later, Gallen said he had been working with cybersecurity…
Introduction to the NFT Economy and ERC-721 The Non-Fungible Token (NFT) economy has exploded into a multi-billion-dollar market, revolutionizing digital ownership and collectibles. At the heart of this ecosystem lies ERC-721, a standardized smart contract interface that enables the creation, trading, and management of unique digital assets on blockchain networks, primarily Ethereum. ERC-721 defines how NFTs are structured, stored, and transferred securely, ensuring interoperability across different platforms and marketplaces. Without this standard, the NFT ecosystem would lack the streamlined functionality and trust that has powered its rapid growth. How ERC-721 Works – The Foundation of NFTs ERC-721 is an open…
Crypto investors are on the edge of their seats as history was made again this morning. Bitcoin has reached a new all-time high of $111,544, highlighting the start of a new phase for the market.The start of the bull run may have been with Bitcoin, but CoinMarketCap’s AI spotlight has triggered a new altcoin rally. AI tokens have been one of the most used recently, as the trading volume for these types of coins jumped by 138% in the last month.Also, the market cap for this sector has soared to $38.5 billion, reflecting nearly a 50% increase in 30 days.With…
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