Author: Kryptonews
Bitcoin dropped to $108,000 during European hours, down 1.4% on the day and below the ascending channel support. Despite $57.7 billion in 24 hour volume, failing to hold above $112,000 has triggered short term profit taking. The pullback coincides with macro uncertainty and a 2 hour bearish engulfing candle which is a sign of potential trend reversal.But beneath the surface institutional interest remains strong. BlackRock’s iShares Bitcoin Trust (IBIT) now has $20 billion in notional open interest – Wall Street is getting in. Total options open interest is $65 billion according to Amberdata with traders betting BTC will hit $116,000…
17 FIFA, the global governing body for association football, has selected the Avalanche network to develop its own Layer-1 blockchain for its non-fungible token (NFT) platform, FIFA Collect. The news was shared in a blog post published by Avalanche yesterday. The new FIFA Blockchain is a custom Layer 1 (L1) network built to support digital collectibles and enhance fan interaction on a global scale. FIFA chose Avalanche for its ability to handle high transaction volumes, low delays, and full governance control. It also offers low fees and stability during high traffic periods. This new blockchain will serve as the base…
The bounty offer to recover stolen funds from Sui-based decentralized exchange (DEX) Cetus closely resembles a successful strategy used by a Solana project three years ago.It turns out that Cetus shares the same development team as Crema Finance, a Solana-based DeFi project that suffered a $9-million hack in 2022 but recovered most of the funds by negotiating with its hacker. Now, Cetus is relying on the same strategy.Cetus is asking the hacker to return all but $6 million, or 2,324 Ether (ETH), of the stolen funds in exchange for a promise not to pursue legal action. The protocol lost $223…
The Climate Problem with Proof-of-Work For years, blockchain technology—most notably cryptocurrencies like Bitcoin—has faced sharp criticism for its massive energy consumption. The reason lies in the original consensus mechanism called Proof-of-Work (PoW). Here’s how it works: Miners compete to solve complex mathematical puzzles to validate transactions. The first to solve the puzzle gets to add a new block to the blockchain and is rewarded with cryptocurrency. This process requires powerful, energy-hungry computers running 24/7, leading to an estimated annual energy consumption comparable to entire countries. Critics argue that this model is unsustainable in a world racing to reduce carbon emissions.…
Lawrence Jengar May 23, 2025 02:10 NVIDIA achieves a world-record inference speed of over 1,000 TPS/user using Blackwell GPUs and Llama 4 Maverick, setting a new standard for AI model performance. NVIDIA has set a new benchmark in artificial intelligence performance with its latest achievement, breaking the 1,000 tokens per second (TPS) per user barrier using the Llama 4 Maverick model and Blackwell GPUs. This accomplishment was independently verified by the AI benchmarking service Artificial Analysis, marking a significant milestone in large language model (LLM) inference speed. Technological Advancements The breakthrough was achieved…
Aztec Labs chief executive officer Zac Williamson explains why bringing privacy to Ethereum is more than a technical upgrade but a necessity. Zac Williamson is the co-founder and CEO of Aztec Labs, a layer-2 network focused on bringing privacy to Ethereum (ETH). Before crypto, he earned a PhD in particle physics from Oxford and worked at CERN. In the blockchain world, he’s best known as a co-inventor of PLONK, one of the most widely used zero-knowledge proof systems today. In a recent conversation with crypto.news, Zac explains why privacy isn’t just a nice-to-have but a core part of what Ethereum…
As the crypto market continues its strong recovery in 2025, more and more beginners and everyday investors are turning to a simple, low-risk way to earn crypto: free cloud mining. This AI-driven mining model eliminates the need for technical knowledge, mining machines, or upfront capital—allowing anyone to earn Bitcoin (BTC) and Dogecoin (DOGE) daily with zero cost. It’s truly a way to start generating passive crypto income with zero investment.If you’re looking for the free Bitcoin cloud mining platform in 2025 or want to understand how to mine Dogecoin legally and safely, this guide will help you get started fast.Miningcoop:…
The Problem: Lack of Transparency and Trust in Real Estate The real estate industry has long suffered from transparency and trust issues that create inefficiencies, increase costs, and expose buyers and sellers to risks. Traditional property transactions involve multiple intermediaries, complex paperwork, and centralized databases—making them vulnerable to fraud, mismanagement, and human error. Lack of transparency in ownership records, hidden fees, and slow settlement processes erode trust and delay transactions. How Blockchain Revolutionizes Real Estate Transactions Blockchain technology offers a secure, decentralized, and immutable solution to real estate’s transparency and trust problems. By moving property records onto a distributed ledger,…
Key NotesCetus has warned of escalating legal and intelligence measures if the assets are moved off-chain or through mixers.The Sui team reportedly deployed an emergency function to bypass security checks, enabling validators to block transactions linked to the hacker’s assets.Following the hack and ongoing recovery efforts, the SUI token has faced strong selling pressure, with its price dropping to $3.85 after a rejection at $4.2. Cetus, the native decentralized exchange (DEX) on the Sui blockchain SUI $3.65 24h volatility: 5.3% Market cap: $12.18 B Vol. 24h: $1.76 B , is offering $6 million in white bounty to the hacker, in…
In brief U.S. First Lady Melania Trump has released an AI-narrated audiobook of her memoir, available exclusively via the ElevenReader app. The book explores her Slovenian childhood, modeling career, and her meeting with President Donald Trump, offering a personal look at her journey to the White House. The release comes days after Melania joined President Trump to sign the Take It Down Act, a new federal law targeting non-consensual intimate imagery and AI-generated deepfakes. U.S. First Lady Melania Trump has released the audiobook version of her memoir, “Melania,” using an AI-generated replica of her voice—marking the first time a U.S.…
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