Author: Kryptonews

H2: The Evolution of Blockchain Beyond Cryptocurrency Blockchain technology has evolved far beyond its roots in cryptocurrency. Today, it’s driving breakthroughs in smart contract efficiency, decentralized identity, interoperability, and—most critically—artificial intelligence. In 2025, expect these trends to accelerate, with blockchain converting raw data into actionable intelligence and bridging fragmented ecosystems seamlessly. One of the biggest leaps will be in decentralized AI, where blockchain provides a tamper-proof layer for training, validating, and rewarding data contributors. This ensures AI models remain unbiased and verifiable, preventing control by centralized powers. Several leading projects are already pioneering this, such as SingularityNET, Fetch.ai, and Alethea…

U.S. Congressmen Sean Casten (IL-06) and Adam Smith (WA-09) are spearheading efforts by U.S. lawmakers demanding that the Department of Justice (DOJ) investigate whether U.S. President Donald Trump’s $TRUMP meme coin dinner violates federal bribery laws or the Constitution’s foreign emoluments clause, according to a May 22 letter.Casten, Smith Call for DOJ Inquiry Into Trump GalaIn the letter from Casten and Smith, backed by 35 House Democrats, the lawmakers claim that the dinner for the top 220 $TRUMP investors held on Thursday “invites foreign influence over U.S. policy decisions and raises potential corruption and emoluments clause violations.” https://twitter.com/Eleanor_Mueller/status/1925606223539269693 “It is…

When Venezuela was experiencing hyperinflation, Ledn co-founder Mauricio di Bartolomeo hedged against the collapsing local currency by shorting it in favor of the more stable US dollar. Today, he’s using a similar strategy — this time borrowing against his Bitcoin (BTC) to hedge against the crumbling US dollar.Di Bartolomeo connected with me during Canada Crypto Week in Toronto, where he talked about the advantages of Bitcoin-backed loans and the rapid growth of collateralized BTC lending. In our interview, he made a compelling case for continuing to stack sats, even as Bitcoin’s price keeps rising.This week’s Crypto Biz dives into our…

The lines between traditional finance and the digital world are blurring, and that intersection is manifesting even in the realm of philanthropy. Bitcoin donations, once a niche concept, are gaining traction as a legitimate and increasingly popular way for individuals and organizations to contribute to charitable causes.## The Rise of Crypto PhilanthropySeveral factors are contributing to the rise of Bitcoin donations. First, the increasing awareness and adoption of cryptocurrencies globally means more people are holding Bitcoin and looking for ways to use it. Secondly, the potential tax benefits associated with donating appreciated cryptocurrency can be significant for donors in certain…

Introduction to Smart Contracts Smart contracts are self-executing agreements with the terms of the deal written directly into lines of code. They automate processes, reduce intermediaries, and enhance transparency in blockchain-based systems. But how do these digital pacts function, and what security measures keep them trustworthy? This article delves into the inner workings of smart contracts—covering security, functionality, and beyond. Functionality: How Smart Contracts Work At their core, smart contracts are programs stored on a blockchain that execute predefined rules when conditions are met. For example, in a real estate transaction, a smart contract could automatically transfer ownership of a…

Yield Guild Games (YGG) has launched its own publishing division named YGG Play to develop and distribute games directly under its own brand.The first release under this new initiative is LOL Land, a browser-based board game that went live this week on Abstract Chain, with over 100,000 users pre-registered ahead of launch. The game incorporates token rewards and features characters from the Pudgy Penguins community.The shift in strategy follows years of volatility in the blockchain gaming sector, with many projects struggling to retain long-term users. YGG’s new approach is focused on targeting existing crypto users, rather than attempting to appeal…

James Ding May 23, 2025 01:21 Infleqtion leverages NVIDIA’s CUDA-Q platform to enhance portfolio optimization through the Q-CHOP algorithm, promising improved financial outcomes with quantum computing. Infleqtion, a global quantum technology company, is pioneering advancements in financial services by combining quantum computing with traditional methods to optimize investment portfolios. This innovation is facilitated through the use of NVIDIA’s CUDA-Q platform, which powers the Quantum Constrained Hamiltonian Optimization (Q-CHOP) algorithm, according to a blog post by NVIDIA. The Role of Quantum Computing Quantum computing is reshaping the financial landscape by offering new algorithms that…

Semler Scientific, a medical device company, purchased of $50 million worth of Bitcoin between May 13 and May 22, bringing the market value of the company’s Bitcoin (BTC) holdings to $474.4 million, keeping it within the top 13 of BTC Treasury companies.According to a May 23 disclosure, Semler bought a total of 455 BTC for an average purchase price of $109,801. To buy the Bitcoin, Semler Scientific used proceeds from an at-the-market stock offering program. So far, the company has sold roughly 3 million shares of common stock for net proceeds of $115 million.Semler Scientific’s shares have fallen 1.36% on…

Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B reversed gains on May 23 after President Donald Trump announced new trade measures targeting the European Union. The move sent shockwaves across global markets, with Bitcoin and other cryptocurrencies reacting negatively to the revived tensions. Trump’s EU Tariff Plan Sends Market into Panic The digital asset markets woke up to a fresh wave of volatility after President Trump declared a 50% tariff on all goods imported from the European Union. In a post on Truth Social, the president said that discussions with the EU had…

Mihailo Bjelic, co-founder of Ethereum layer-2 scaling solution Polygon, has stepped down from his role at Polygon but suggests he will stay active in the crypto industry in some capacity.His resignation drew reactions across Polygon and the wider crypto community, with several seeing it as a loss for Polygon, which has been tied to several major developments in recent months.Bjelic winds down ‘day-to-day involvement’“After much thought and reflection, I’ve decided to step down from the board of the Polygon Foundation and wind down my day-to-day involvement with Polygon Labs,” Bjelic said in a May 23 X post.“I’ll always be cheering…