Author: Kryptonews

Crypto cybersecurity firm Trugard and onchain trust protocol Webacy have developed an artificial intelligence-based system for detecting crypto wallet address poisoning.According to a May 21 announcement shared with Cointelegraph, the new tool is part of Webacy’s crypto decisioning tools and “leverages a supervised machine learning model trained on live transaction data in conjunction with onchain analytics, feature engineering and behavioral context.” The new tool purportedly has a success score of 97%, tested across known attack cases. “Address poisoning is one of the most underreported yet costly scams in crypto, and it preys on the simplest assumption: That what you see…

To get the show every day, follow the podcast here.On today’s episode of “Markets Daily,” host Jennifer Sanasie speaks with Mark Connors, head of research at 3IQ, about 2024 bitcoin price predictions, why ether is a “sleeping dog,” and where institutional interest in crypto assets is picking up.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 Montañez. All original music by Doc Blust and Colin Mealey.Audio Transcript: This transcript has not been edited and may contain errors.JENNIFER SANASIE:It’s Wednesday, January 17th, 2024…

Introduction to Blockchain in Gaming The integration of blockchain technology into gaming has generated significant buzz in recent years, promising innovations such as true digital ownership, seamless cross-platform play, and fairer monetization models. While the hype often centers on NFTs and play-to-earn (P2E) mechanics, the real value of blockchain in gaming extends beyond speculative markets and tokenomics. This article explores practical, real-world applications of blockchain in gaming that enhance player experiences, game development, and the industry as a whole. Enhancing Digital Ownership and Asset Security One of the most significant impacts of blockchain in gaming is the secure, verifiable ownership…

United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many non-fungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws.In a recent speech, Peirce said NFTs that allow artists to earn resale revenue do not automatically qualify as securities. Unlike stocks, NFTs are programmable assets that distribute proceeds to developers or artists. The SEC official said that mirrors how streaming platforms compensate musicians and filmmakers. “Just as streaming platforms pay royalties to the creator of a song or video each time a user plays it, an NFT can enable…

Wrapped stETH (wstETH) is a currency that combines the flexibility of decentralized finance (DeFi) with the advantages of Ethereum staking. In this article we’ll discuss what is Wrapped stETH, how it works, what it is used for, and price history of Wrapped stETH (WSTETH). What is Wrapped stETH? A stable variant of staked ether, Wrapped stETH (WSTETH) is a currency intended for usage in decentralized finance (DeFi) applications.  By staking ETH using Lido’s liquid staking platform, one can receive a wrapped version of stETH.  As a result, users can still take part in DeFi applications and receive incentives for staking.…

The Growing Menace of Counterfeit Goods Counterfeiting has become a pervasive global issue, affecting industries ranging from fashion and pharmaceuticals to electronics and automotive parts. According to the International Chamber of Commerce, counterfeit goods account for nearly 10% of world trade—costing businesses billions annually while risking consumer safety. The complexity of modern supply chains, with multiple intermediaries and geographically dispersed operations, makes tracking the authenticity of goods particularly challenging. Blockchain: A Solution for Supply Chain Transparency Blockchain technology offers a groundbreaking solution by enabling secure, transparent, and immutable tracking across the supply chain. Unlike traditional centralized databases, blockchain operates as…

Institutional interest in Bitcoin is evolving rapidly, with one issuer now emerging as the dominant player in the ETF space. And that’s BlackRock’s IBIT. As one fund pulls ahead of all others, questions emerge about whether institutional demand is being funneled into a monopoly. Bitcoin ETF Monopoly in the Making? Currently, BlackRock’s spot Bitcoin ETF (IBIT) holds over 636,000 BTC. This figure represents more than double the combined holdings of all other US spot Bitcoin ETFs. Since these products were approved in early 2024, IBIT has led the market in both capital inflows and BTC accumulation. While legacy products like…

Key NotesBitcoin Suisse has bagged the in-principle approval from ADGM’s FSRA for Middle East expansion.A full license will allow regulated crypto trading, custody, and derivatives services.Abu Dhabi’s strong regulations offer growth opportunities beyond Switzerland. Bitcoin Suisse has received in-principle approval from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority. This is a significant move in its plan to expand operations beyond Switzerland and into the Middle East. Bitcoin Suisse Makes Strong Step Forward in Abu Dhabi According to the firm’s announcement, Bitcoin Suisse has reached a crucial point in its plan to grow in the region. The company…

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…

Bitcoin, the pioneering cryptocurrency, has sparked significant global interest and debate, particularly concerning its regulation. As its adoption grows, governments worldwide are grappling with how to integrate Bitcoin and other cryptocurrencies into existing financial frameworks. The challenge lies in balancing innovation with investor protection, financial stability, and the prevention of illicit activities. This article provides a snapshot of the diverse approaches taken by various countries in regulating Bitcoin. Regulatory Approaches Across the Globe The global regulatory landscape for Bitcoin is fragmented, ranging from complete bans to formal adoption as legal tender. Some nations have adopted a prohibitive stance, citing concerns…