Author: Kryptonews
Cetus, a decentralized exchange (DEX) built on the Sui blockchain, has reportedly suffered a massive exploit that may have drained more than $200 million worth of digital assets. Pseudonymous Web3 researcher COMDARE3 posted on X that “users report” that Sui-based DEX Cetus is being exploited.” He also shared a screenshot of Cetus market data on DEX Screener, showing many assets losing well over half of their value over the last 24 hours. Some tokens, such as Lombard Staked BTC (LBTC) or AXOLcoin (AXOL) lost the near totality of their value on Cetus. The top 15 losers all lost in excess…
What Exactly Is Blockchain? Forget cryptocurrencies and NFTs for a second—blockchain is fundamentally just a way to store and share information across a network. Imagine a giant public spreadsheet (but much more secure and decentralized)! Instead of a single company controlling all the data, copies are distributed to many participants, making it harder to manipulate. Key Features of a Blockchain: ✅ Decentralized: No single point of control (like a bank or government).✅ Immutable: Records (once confirmed) cannot be erased or altered.✅ Transparent: Transactions are visible to all participants (though personally identifiable details can be hidden in some cases). The Core…
Bitcoin has revolutionized the financial landscape, offering a decentralized and borderless alternative to traditional currencies. However, like any digital asset, Bitcoin is not immune to security threats. Understanding these risks is crucial for anyone engaging with Bitcoin, whether as an investor, user, or developer. This article will delve into the common security vulnerabilities surrounding Bitcoin and provide practical strategies to mitigate them. Understanding Bitcoin’s Inherent Security Bitcoin’s core protocol leverages cryptography and distributed consensus mechanisms like Proof-of-Work to achieve a high degree of security and immutability. Transactions are verified by a network of miners, making it exceptionally difficult for a…
Bitcoin trades above $110,000 today, while Google Trends data for “bitcoin” sits at 38.This afternoon, a Midtown Manhattan barista will glance at a phone ticker showing $110,630. He’ll shrug and keep steaming milk.The mood lines up with the data as searches for the word have stayed in the low-40 band for months, the same range seen when Bitcoin cost under $30,000.Perhaps we’re now entering “FIAMO,” short for fear I already missed out.Bitcoin search trends (Source: Google)Big money is moving instead. BlackRock’s iShares Bitcoin Trust regularly brings in multiple times more than miners create. Bitwise chief Hunter Horsley noted the contrast.…
Key Takeaways: Pakistan will launch the Pakistan Digital Assets Authority to regulate crypto, DeFi, and tokenized platforms. The new body aims to attract global investment and support blockchain innovation across key sectors. With over 27 million users expected by 2025, Pakistan is positioning itself as a leading crypto market in the region. Pakistan is set to establish a new national authority to oversee its fast-growing crypto and blockchain ecosystem, marking a major policy shift after years of regulatory uncertainty.The Ministry of Finance has endorsed the creation of the Pakistan Digital Assets Authority (PDAA), which will act as the primary regulator…
Ethereum wiped out nearly half its value in 2025, with price dropping over 46% year-to-date as ETFs failed to attract capital inflows and the largest altcoin lost revenue. After months of debate on the future of the Ethereum Foundation and Vitalik Buterin’s new proposal for higher scalability, Ethereum eyes a comeback, likely the biggest one of the year. Ethereum could rise from the dead with three catalysts Ethereum (ETH) lost relevance, revenue and demand from new users over the past four months of 2025. Data from Growthepie shows that a key metric that measures a chain’s demand and relevance among…
Bitcoin and Ethereum dominate the cryptocurrency landscape, holding significant market capitalizations and representing the first and second largest cryptocurrencies globally. While both utilize blockchain technology and share common ground, their underlying philosophies, functionalities, and future aspirations starkly differ. This article provides a detailed comparison of these digital behemoths. Understanding Bitcoin: Digital Gold Bitcoin, conceived by the pseudonymous Satoshi Nakamoto, was launched in 2009. Its primary purpose is to serve as a decentralized, peer-to-peer electronic cash system. Often referred to as "digital gold," Bitcoin aims to be a store of value and a hedge against inflation, similar to traditional precious metals.…
Introduction to Blockchain Technology Blockchain technology has emerged as a transformative force across multiple industries, offering a decentralized, secure, and transparent way to record transactions and data. Originally developed as the backbone of cryptocurrencies like Bitcoin, blockchain has expanded into various sectors, including finance, healthcare, supply chain, and more. This article provides a comprehensive overview of blockchain architecture and its diverse applications. Core Components of Blockchain Architecture 1. Distributed Ledger At its core, a blockchain is a distributed ledger—a digitally recorded database spread across multiple nodes in a network. Unlike traditional centralized ledgers maintained by a single authority, blockchain ensures…
A gunman shot dead two Israeli embassy staffers on Wednesday night as they were leaving the Capital Jewish Museum in downtown Washington D.C. The victims, named as Sarah Milgrim and Yaron Lischinksy, had been attending an event at the museum hosted by the American Jewish Committee (AJC) advocacy group.“Two staff members of the Israeli embassy were shot this evening at close range while attending a Jewish event at the Capital Jewish Museum in Washington DC,” Israeli embassy spokesperson, Tal Naim Cohen, wrote on X. “We have full faith in law enforcement authorities on both the local and federal levels to…
To get the show every day, follow the podcast here.”Markets Daily” kicks off a new format with a minute of market updates, followed by an interview with a rotating cast of market analysts across the crypto space. Today, host Jennifer Sanasie speaks with Riyad Carey about potential room for ether price movement, the meme coin market and airdrops to watch.This episode was hosted by Jennifer Sanasie. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl, alongside Senior Booking Producer Melissa Montanez. All original music by Doc Blust and Colin Mealey.Audio Transcript: This transcript has…
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