Author: Kryptonews

Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that adding Bitcoin will connect us to a deep community of people and a rapidly growing collectibles market thanks to Ordinals,” Zhuoxun Yin, COO and co-founder of Magic Eden, said to TechCrunch. “Adding a Bitcoin marketplace allows us to continue our multichain vision.” Ordinals, an NFT-like project on Bitcoin’s blockchain, has grown significantly since the first one was inscribed in December. By mid-February, over 90,000 Ordinals were inscribed — which is…

In March 2024, the Ethereum network underwent a significant upgrade with the implementation of EIP-4844, an essential part of the Dencun hardfork, aimed at bolstering Ethereum’s role as a data availability layer. This upgrade introduced “blobs” of data, dramatically enhancing the scalability of Layer 2 solutions by increasing data availability by approximately 100 times. As with any major upgrade, it’s crucial to evaluate its impact, understand its implications, and refine our approach moving forward. To that end, we launched a dedicated data collection round, inviting researchers and developers to delve into the empirical impacts of EIP-4844. The response was overwhelming,…

In brief Bitcoin’s reached a previous high of $108,786 in late January, per CoinGecko. BTC’s price dipped below $75,000 in early April as U.S. President Donald Trump ratcheted up his global trade war. The largest crypto by market value has benefited from more favorable macroeconomic conditions of late. Bitcoin soared to a new record price above $109,000 on Wednesday morning, pushed by tailwinds that have sent cryptocurrencies and other risk-on assets higher over the past two months.The largest crypto by market capitalization was recently trading at $109,378 at crypto exchange Coinbase, up 4.5% over the past 24 hours. According to…

The business and economic landscape is constantly evolving, driven by technological advancements, shifting consumer trends, and globalization. Understanding these dynamics is crucial for businesses, policymakers, and individuals seeking to thrive in the modern market. Globalization and Trade Globalization has interconnected economies worldwide, creating opportunities for businesses to expand into new markets and hizmeti customers across borders. However, recent geopolitical tensions and trade disputes have led to calls for reshoring and friend-shoring, reshaping supply chains. The rise of emerging markets, particularly in Asia, is also influencing economic growth patterns, shifting power dynamics and consumer spending habits. The Digital Economy The digital…

Popular crypto trader James Wynn surprised the market today after closing a large portion of his Bitcoin (BTC) long position, making headlines across the trading world. Top trader @JamesWynnReal is closing his $BTC long positions. He has closed 2,561 $BTC($273.5M) in the past 40 minutes, realizing a profit of $4.5M.During this time, $BTC dropped by 1%.He still holds a long position of 5,203 $BTC($554.6M), with an unrealized profit of $8M.… pic.twitter.com/sO6oLfv4tG— Lookonchain (@lookonchain) May 21, 2025 Amid lots of interest, James Wynn placed 2,561 BTC, valued at around $273.5 million, in under 40 minutes. As a result, he made a…

Key points:Bitcoin and gold move higher in step amid jitters over Japan’s debt problem reach “boiling point.”$108,000 remains a keen target for Bitcoin bulls amid ongoing corporate buying.Some still see the current BTC price uptrend coming to an abrupt end.Bitcoin (BTC) kept up pressure on $108,000 at the May 21 Wall Street open as a trader flagged multiple bearish divergences.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin joins gold in Japan debt reactionData from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to near the top of its intraday range as the US trading session began.After its highest-ever daily close, BTC/USD looked increasingly…

Gregory Crewdson: Untitled (Trouble with Harry’s), a NFT from the series Beneath the Roses 2003-2008Made over the course of eight productions spanning five years, with a full feature-film crew, the pictures blur the distinctions between cinema and photography, reality and fantasy, what has happened, and what is to come. The display of digital APs as NFTs at Paris Photo will offer visitors a glimpse into Crewdson’s elaborately choreographed, large-scale cinematic photographs Photograph: Gregory Crewdson

Bitcoin’s rally triggered over $248 million in liquidations across the derivatives market in the past 24 hours. This spike came as Bitcoin climbed from an intraday low of $102,135 to a peak of $108,010, closing the day at $106,769 with a 2.83% gain.The move forced nearly 90,000 traders out of their positions, with short liquidations accounting for the bulk of the damage.Short positions made up $132.30 million of total liquidations, while long traders accounted for $115.81 million. The 12-hour window leading up to the final liquidation tally was particularly volatile, seeing $114.19 million in wiped positions, more than 45% of…

The Ever-Present Threat of Smart Contract Vulnerabilities Blockchain technology promises security and immutability, but its strengths—decentralization and open-source code—are also exploited by attackers. Smart contracts, the backbone of decentralized applications (dApps) and decentralized finance (DeFi) protocols, often contain hidden loopholes that allow hackers to drain millions in cryptocurrency. From reentrancy flaws to rug pulls, these vulnerabilities have kept blockchain users on edge, demanding greater awareness and caution when interacting with on-chain projects. The Reentrancy Attack: A Classic Exploit One of the most infamous blockchain hacks began with a reentrancy bug. In 2016, the Decentralized Autonomous Organization (DAO) was compromised for…

Bitcoin, the pioneering cryptocurrency, has revolutionized finance by providing a decentralized and secure way to transfer value. Understanding the basics of sending and receiving Bitcoin is crucial for anyone venturing into the digital currency landscape. This article will guide you through the essential steps and concepts involved in Bitcoin transactions. Understanding Bitcoin Addresses A Bitcoin address is like a bank account number, but instead of being tied to a central institution, it’s a unique string of alphanumeric characters representing your Bitcoin wallet on the blockchain. Think of it as a public key. It’s what you share with others when you…