Author: Kryptonews

The Landscape of Financial & Banking The financial and banking sector is the backbone of modern economies, facilitating transactions, managing investments, and enabling economic growth. This complex system includes commercial banks, investment firms, insurance companies, and regulatory bodies, all of which play crucial roles in global financial stability. The Role of Commercial Banking Commercial banks serve as intermediaries between depositors and borrowers, handling everyday financial transactions for individuals and businesses. Key functions include: Accepting deposits (checking, savings, term deposits) Providing loans (personal, business, mortgages) Issuing credit cards and debit cards Facilitating money transfers and payments Banks also serve as conduits…

Cryptocurrencies and non-fungible tokens (NFTs) can help investors protect their eroding purchasing power during an era of exponential currency debasement, according to analysts and industry leaders.Investing in digital assets is becoming increasingly important in the “world of the exponential age and currency debasement,” according to Raoul Pal, founder and CEO of Global Macro Investor.“You don’t own enough crypto. When you do, you don’t own enough NFT’s, as art is upstream of wealth. Both will never be this cheap again,” Pal said.NFTs are “the single best long term store of wealth I know and you get to buy it before network…

What if a financial system could run itself not by burning electricity, but by rewarding good behavior? That’s the promise of staking, a mechanism that powers many modern blockchains by turning users into network operators. In this week’s episode of The Clear Crypto Podcast, hosts Gareth Jenkinson and Nathan Jeffay sit down with StarkWare’s Noam Nisan to unpack how this trustless engine works, why it matters and what’s really at stake.Understanding stakingJeffay began by highlighting how staking is part of the backbone that keeps the blockchain running, and runs itself, with volunteers.“By doing this, they’re saying, OK, we’re taking this task…

Lawrence Jengar May 22, 2025 04:36 Conflux (CFX) Network launches a two-month zero-fee campaign for transferring USDT and USDC from exchanges to Conflux eSpace via Meson, supporting RWA and PayFi ecosystems. In an effort to bolster the Real-World Assets (RWA) and PayFi ecosystems, Conflux (CFX) Network has announced a limited-time fee subsidy campaign for cross-chain transfers, according to the Conflux Forum. For two months, users can transfer USDT and USDC from exchanges to Conflux eSpace without incurring any fees through the Meson platform. Zero-Fee Campaign Details The initiative aims to reduce the financial…

Key takeaways:Memecoins like Fartcoin, WIF, SPX6900, and Popcat are outperforming Bitcoin in the short term amid renewed crypto market euphoria.Bullish technical patterns signal more upside for top-performing memecoins.Popcat stands out with a potential 350% rally, while Fartcoin and WIF also eye significant gains in the coming weeks.Bitcoin (BTC) has surged 7.35% over the past three days, hitting a new all-time high near $112,000 on May 22, but memecoins are stealing the spotlight. Fueled by BTC’s rally, several high-risk tokens are posting even larger gains, stoking possibilities that they could continue to outperform Bitcoin as the crypto bull run accelerates.Fartcoin ascending…

Bitcoin has captured the attention of investors, technologists, and everyday people alike. Its decentralized nature and potential for financial transformation have made it a subject of intense discussion. However, understanding the fundamentals of Bitcoin is crucial before jumping into the crypto waters. This article breaks down the core concepts you need to know about this revolutionary digital currency. What is Bitcoin? Bitcoin is a decentralized digital currency, meaning it isn’t controlled by a single entity like a central bank. It exists purely in the digital realm and allows for peer-to-peer transactions without intermediaries. Think of it as digital cash that…

Introduction to Blockchain and Fraud Fraud is a pervasive challenge in modern commerce, affecting everything from financial transactions to supply chain integrity. Traditional methods of verification—such as manual audits, centralized databases, and intermediaries—often fall short due to their susceptibility to tampering, human error, and manipulation. Blockchain technology offers a groundbreaking solution by providing immutable, decentralized, and transparent record-keeping. Its potential to eradicate fraud comes from its inherent properties of trust, security, and verification. How Blockchain Counteracts Fraud Immutable Transactions and Record-Keeping Blockchain records transactions in cryptographic blocks linked across a distributed ledger. Each entry becomes irreversible once confirmed by consensus,…

In brief The UK appeals court has dismissed the bulk of a $13.3B class action against Binance, rejecting claims that BSV could have reached Bitcoin-level value if not delisted in 2019. The court ruled damages were speculative and unsupported, saying that investors had a duty to mitigate losses by selling in an open market. The scope of the lawsuit was significantly narrowed, though smaller claims from investors who lost access or sold at a loss may still proceed. The UK Court of Appeal has dismissed the majority of a $13.3 billion (£10 billion) class action against crypto exchange Binance, dealing…

Bitcoin has revolutionized the financial landscape, introducing a decentralized digital currency that operates independently of traditional banking systems. While many have heard of Bitcoin, understanding its underlying technology can seem daunting. This article breaks down the core concepts, explaining how Bitcoin works in a clear and approachable manner. The Blockchain: Bitcoin’s Foundation At the heart of Bitcoin lies the blockchain, a public, distributed, and immutable ledger. Imagine a digital record book shared among countless computers across the globe. Every Bitcoin transaction is recorded as a "block" and added to this chain, forming a continuous and transparent history of all Bitcoin…

The special Startups of The Year 2024 Winners Interview series is a celebration of all this year’s Tech Champions. You’ve earned it! The HackerNoon community can’t wait to learn more about your journey! Tell us about you. Hoken Tech is an Italian startup committed to connecting brands to people using Italian expertise. Our mission is to provide artists the opportunity to test and experience blockchain technology, enabling them to create and digitize their works and use NFTs as a channel for visibility and sales. Our vision is to be at the forefront of art and technology, offering innovative solutions that…