Author: Kryptonews

The Problem with Early Blockchains When blockchains first emerged, they promised a revolutionary shift toward decentralized, secure, and transparent systems. But early platforms faced a critical limitation: scalability. The number of transactions they could process per second was far too low to compete with traditional payment systems like Visa or Mastercard. If a blockchain takes minutes to confirm transactions or can only handle a few users at a time, it won’t work for real-world applications where speed and throughput matter. This is why scalability has become the defining challenge in blockchain development—without it, decentralized networks remain niche rather than mainstream.…

The Fowler Museum at the University of California Los Angeles (UCLA) recently returned 11 objects to an Aboriginal community in Northern Australia. A kangaroo tooth headband and 10 glass spearheads, some of which are more than 100 years old, were voluntarily returned by the museum to the Larrakia Community of Australia’s Northern Territory in a handover ceremony on May 20. The tools and woven fiber artifacts—collected in the late 19th and early 20th centuries—are ceremonial items of deep spiritual and cultural importance to the Larrakia Community. Related Articles Chief’s Headband from the Larrakia Community made from kangaroo teeth. Courtesy of…

Cast (posting) activity on Farcaster, a decentralized social finance platform, has dropped by 60% in the past months, according to fresh data released today by CryptoRank.io. Farcaster Cast Activity Drops by 60% in 6 MonthsThe number of daily Casts on Farcaster has fallen from over 600,000 to around 250,000, reflecting a steady decline in user engagement despite strong investor backing. pic.twitter.com/o4KPzDtk5R— CryptoRank.io (@CryptoRank_io) May 20, 2025 What is Farcaster? Farcaster is a cryptocurrency social media platform whose functionality is similar to the combination of the social media platform ‘X’ and the social network ‘Reddit’.   In the crypto platform Farcaster, users…

Devcon community, We’re excited to introduce the teams joining us for the Devcon SEA Impact Forum. These areas in the Devcon venue are where you can meet contributors driving important Ethereum projects, explore the ecosystem, and connect with innovators shaping the future of Ethereum. The Impact Forum is designed for knowledge sharing and collaboration. Teams will have dedicated spaces where you can engage directly with them, ask questions about their work, and understand the impact they’re making on Ethereum and its community. Meet the teams at the Impact Forum On site, you’ll be able to find over 50(!) ecosystem teams.…

To get the show every day, follow the podcast here.Today’s “Markets Daily” starts with a minute of markets updates, followed by two deep dives into crypto sectors listeners might not be as familiar with. First, RedStone Cofounder Marcin Kaźmierczak explains what’s trending in the world of DeFi, including real-world assets (RWAs) and liquid staking and yield generation, also known as LSD-Fi. Next, CoinFund Chief Investment Officer Alex Felix dives into the Web3 corner of crypto, recapping key infrastructure improvements that might propel the adoption of Web3 technologies in 2024.Note: At 0:58, “Below $38k” was mistakenly read instead of “Below $39k.”This…

Bitcoin, the original cryptocurrency, often seems shrouded in mystery. But understanding the basics isn’t as complicated as you might think. This guide will break down Bitcoin and cryptocurrency in simple terms, giving you a foundation for further exploration. What is Cryptocurrency? At its core, cryptocurrency is digital or virtual currency that uses cryptography for security. Cryptography scrambles data, making it incredibly difficult to counterfeit or double-spend these currencies. Unlike traditional currencies issued by central banks, many cryptocurrencies operate on a decentralized network, meaning no single entity controls them. This decentralization is a key element of their appeal. Think of it…

What is Blockchain? Blockchain is often associated with cryptocurrencies like Bitcoin, but its applications stretch far beyond digital money. At its core, blockchain is a distributed ledger technology—a decentralized system that records transactions across multiple computers (known as nodes) in a secure, transparent, and tamper-proof manner. Instead of a single central authority managing data, blockchain relies on a peer-to-peer network where every node agrees on the state of the ledger, making it virtually unalterable. This process, called consensus, ensures that no single entity can manipulate the data—making it vital for transparency and trust. Blockchain operates in three main types: Public…

When an NFT series commemorating the handover of Hong Kong from the U.K. to China generated $260,000 in sales, Artifact Labs, the startup that launched the collection, saw the long-term potential of tokenizing historical artifacts and making them immutable and accessible to the public. Artifact was born out of South China Morning Post, Hong Kong’s flagship English newspaper bought by Alibaba for $262 million back in 2015. Its first project comprised non-fungible token versions of SCMP’s front pages from 1997, the year of Hong Kong’s handover, with each item’s rarity level determined by the significance of a certain day’s events.…

SUN – which is a platform for swap, yield farming, and self-governance on Tron – has firmly retained its position as the second-largest protocol by total value locked (TVL) on the blockchain. It is currently trailing only behind the lending giant JustLend. With approximately $985 million locked in, SUN accounts for a significant share of Tron’s liquidity. The growth can be attributed to user confidence in its liquidity pools and incentive mechanisms, according to CryptoQuant’s latest report. Over the past 14 days, SUN’s TVL has grown by $38 million, which reflects a steady user engagement. Notably, newer iterations like SunSwap…

After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US president.In a May 19 X post, Sun said he had received an invitation to attend Trump’s dinner at his golf club outside Washington, DC, as part of a reward for the top 220 memecoin holders. The Tron founder claimed he controlled the top wallet on the TRUMP token leaderboard under the username “Sun,” which held roughly $19 million worth…