Author: Kryptonews

A New York federal judge has dismissed a patent infringement lawsuit brought by Bancor-affiliated entities against Uniswap, ruling that the asserted patents claim abstract ideas and are not eligible for protection under US patent law.In a memorandum opinion and order dated Feb. 10, Judge John G. Koeltl of the US District Court for the Southern District of New York granted the defendant’s motion to dismiss the complaint filed by Bprotocol Foundation and LocalCoin Ltd. against Universal Navigation Inc. and the Uniswap Foundation. The court found that the patents are directed to the abstract idea of calculating crypto exchange rates and therefore…

The Travala (AVA) coin is experiencing market difficulties, a move that is set to cause token holders to experience decreased gains in their portfolios, according to a revelation disclosed by market analyst Crypto Patel. Travala (AVA) is the native cryptocurrency of Travala, a blockchain-focused travel booking platform that allows users to access and pay for hotels and various travel services using the specialized digital token. The Travala platform, which operates on the Ethereum platform, enables people to book travel services with its cryptocurrency. The AVA coin is currently experiencing consolidative movements, indicating decreased trading activity in its on-chain network. According…

An investigation into the Nanjing Museum, one of China’s premier state-run cultural institutions, found that decades of systemic mismanagement and corruption enabled the secret sale of national treasures into the private art market.  According to the South China Morning Post, the scandal erupted last September after the museum was accused of selling donated paintings, prompting an investigation by Chinese authorities that has since focused on a former director. The publication reported that five paintings from a 137-work collection donated in 1959 by the family of collector Pang Laichen were found missing during a court-ordered inventory last June conducted at the request…

Robinhood has launched a public testenet version of its proprietary layer-2 network developed using Arbitrum’s technology stack. Summary Robinhood has launched the public testnet for its Ethereum layer-2 network, Robinhood Chain. The L2 is built using the Arbitrum blockchain’s technology stack. Robindhood’s Q4 crypto revenue dropped 38% year-on-year. According to media reports, a public testnet version for the Ethereum-layer 2, which it calls Robinhood Chain, is now accessible to a closed group of partners and developers who can experiment with integration, access points, and documentation.  Layer 2 blockchains inherit Ethereum’s security while stripping away much of its cost and latency,…

Binance, the world’s largest cryptocurrency exchange, is working with crypto-friendly tradfi firm Franklin Templeton to offer an institutional off-exchange collateral program, making digital markets more secure and capital-efficient.The new service allows eligible clients to use tokenized money market fund shares issued through Franklin Templeton’s Benji Technology Platform as off-exchange collateral to trade on Binance using Ceffu’s, the exchange’s partner custody layer.The program alleviates a long-standing pain point for institutional traders by allowing them to use traditional, regulated, yield-bearing money market fund assets in digital markets without having to park them on an exchange, according to a press release.The value of…

Bitcoin analysis warned that the $69,000 mark may end up as long-term resistance again, thanks to its significance in BTC price history.Bitcoin (BTC) hit new week-to-date lows on Wednesday as $66,500 came into focus.Key points:Bitcoin is trading in a key historical zone, but buyer pressure is too weak to break resistance.Analysis sees current range resistance potentially lingering months as a result.February BTC price downside has almost beaten 2025.Analysis: Bitcoin bulls too weak to crack $69,000 Data from TradingView put daily BTC price losses at nearly 3% after the $70,000 area again provided weak support. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewStill facing…

Major game days intensify when promotional offers, breaking news, and critical plays converge simultaneously. Recent developments in digital sports wagering feature noteworthy announcements from Bet365 and BetMGM, influencing the broader industry landscape. Bet365 maintains its Big Monday momentum with a North Carolina ACC contest and a wager $5, receive $200 bonus linked to Syracuse’s visit to Chapel Hill. BetMGM, conversely, has attracted attention by refining its service terms to prevent athlete harassment, strengthening integrity throughout regulated jurisdictions. This environment highlights what makes Spartans distinctive. Spartans reconstructs the reward model by providing value with each bet placed through CashRake, returning up…

The difference between what exchanges advertise and what you actually pay can cost you thousands annually. This investigative guide reveals the hidden fee structures that drain trader profits, compares the leading instant crypto exchanges of 2026, and shows why transparent pricing separates trustworthy platforms from the rest.When a platform advertises “0.1% trading fees,” most traders assume that’s their total cost. The reality? That advertised rate often represents just 30-50% of what you’ll actually pay. Spread markups, withdrawal padding, conversion charges, and execution delays combine to create true costs that can exceed 3-5% per transaction.This isn’t speculation, it’s the documented reality…

Defend American Jobs, an affiliate of crypto PAC Fairshake (an independent political fundraising group), will reportedly spend $5 million to support crypto-friendly politician Barry Moore in his bid for the US Senate, according to Bloomberg.A five-week campaign will start this week with ads on broadcast TV and the Fox News Channel featuring US President Donald Trump endorsing Moore, Bloomberg reported on Tuesday, citing a statement from Fairshake.Super PACs raise money from corporations and associations; however, the committees can’t directly donate to or coordinate with political campaigns. Instead, they fund ads and other media to urge voters to support a specific…

The days of outsized gains in crypto may be coming to an end as more risk-averse institutional players are entering the space, replacing retail investors who chase rapid gains, according to Galaxy CEO Mike Novogratz.Novogratz reportedly said at the CNBC Digital Finance Forum on Tuesday in New York that it reflects the maturing industry. “Retail people don’t get into crypto because they want to make 11% annualized,” he said. “They get in because they want to make 30 to one, eight to one, 10 to one,” he said. Novogratz referenced FTX’s collapse in 2022, which resulted in a bear market that saw…