Author: Kryptonews

Despite the successful implementation of the Pectra upgrade, the market response has been notably muted as ETH price recorded only a modest 5% uptick. What’s holding back ETH price? Ethereum (ETH) successfully implemented the Pectra upgrade on May 7, yet the market’s reaction was underwhelming. On the day of the upgrade, ETH opened at $1,849 and closed at $1,811, recording a slight 2% decline. At press time, ETH is trading at $1,936, marking a mere 5% gain from its May 7 opening. The subdued response can be partly attributed to macro headwinds — most notably, uncertainly in global trade due…

Key Takeaways CME Group will offer XRP futures starting May 19, pending regulatory review. SEC and Ripple’s settlement request was denied, maintaining the $125 million penalty. Share this article The Chicago Mercantile Exchange (CME) Group, the world’s leading derivatives marketplace, is expected to launch XRP futures and Micro XRP futures contracts on Monday, May 19, aiming to expand its suite of regulated crypto derivatives to include the fourth-largest digital asset by market capitalization.The contracts will be available for trading on CME Globex and cleared through CME ClearPort, with access beginning Sunday evening, May 18, for after-hours participants, as noted in…

Is Bitcoin Secure? That’s a question on the minds of many, especially as cryptocurrency gains more mainstream attention. While Bitcoin’s underlying technology is incredibly robust, the security landscape surrounding it is nuanced and requires understanding different aspects. This guide provides a comprehensive look at Bitcoin security, exploring its strengths, weaknesses, and the best practices for staying safe in the world of crypto. Understanding Bitcoin’s Core Security: The Blockchain Bitcoin’s security primarily stems from its underlying blockchain technology. The blockchain is a decentralized, distributed, and public ledger that records all Bitcoin transactions. Here’s why this structure is crucial for security: Decentralization:…

A 26-year-old man from Alabama has been sentenced to more than a year in prison for his role in a social media hack that briefly sent the price of bitcoin soaring.Eric Council Jr. of Huntsville pleaded guilty to charges tied to the January 2024 hack of the U.S. Securities and Exchange Commission’s X account, according to a U.S. Department of Justice press release.Posing as a telecom customer using a fraudulent ID, Council used a SIM-swap technique to hijack a phone number tied to the SEC’s account. His co-conspirators then used it to falsely post that the agency had approved spot…

The Rise of Blockchain Titans: How Top Startups are Reshaping Industries The world of finance and technology is being fundamentally reshaped by blockchain, a sector now synonymous with innovation and disruption. Billions of dollars are flowing into blockchain startups, from decentralized finance (DeFi) platforms to Web3 infrastructure giants, as investors bet big on the future of digital ledger technology. Behind this rapid growth are ambitious founders and groundbreaking ventures that could redefine how we approach money, data, and the internet. DeFi Disruptors: Reimagining Financial Services Decentralized finance (DeFi) has emerged as one of blockchain’s most explosive sectors. Startups like Aave…

Key Takeaways:12 additional individuals face charges in a $263M crypto theft conspiracy spanning the U.S. and abroadStolen funds were laundered through mixers, shell companies, and converted into luxury goods and servicesA single victim lost over 4,100 BTC, worth $230M, in a high-level social engineering scamFederal prosecutors have unsealed a new indictment that adds 12 defendants to an already sprawling cybercriminal case involving one of the largest cryptocurrency theft rings ever prosecuted in the U.S. The group, operating from California to Dubai, is accused of stealing over $263 million in digital assets using a mix of hacking, fraud, and real-world home…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Since April 7, ETH has staged an impressive rally, climbing nearly 97% from $1,388 to $2,743. This powerful upward move has caught attention, signaling renewed bullish momentum across the broader crypto market. With key resistance levels approaching, ETH is likely to maintain its strength and push toward the next psychological milestone. Will Ethereum Lead The Next Leg Of Crypto Market Rally? In his post on X, CoRE expressed strong optimism about Ethereum’s price trajectory, noting how close the asset is to reaching a new all-time high (ATH).…

In the ever-evolving cryptocurrency landscape, the keys to success are simplicity and profitability. Cloud mining has emerged as an appealing solution for newcomers seeking a reliable income with minimal hassle. This article delves into the realm of cloud mining, shining a spotlight on JOPE Miner, a leading platform designed to facilitate entry for anyone keen to dive into cryptocurrency.The Appeal of Cloud MiningCloud mining has won the hearts of cryptocurrency enthusiasts for its accessibility and user-friendliness. Unlike traditional mining, which demands hefty investments in specialized hardware, technical know-how, and continuous monitoring, cloud mining simplifies the process. It opens the doors…

Blockchain technology has revolutionized industries by providing secure, decentralized, and transparent solutions for transactions, data management, and smart contracts. With numerous platforms emerging, each offers unique features, use cases, and strengths. This guide explores the top blockchain platforms, highlighting their key aspects to help developers, businesses, and enthusiasts choose the best fit for their needs. Introduction to Blockchain Platforms Blockchain platforms serve as the backbone for various decentralized applications (dApps), financial systems, and enterprise solutions. They differ in consensus mechanisms, scalability, privacy, programming languages, and smart contract functionality. Selecting the right platform is crucial for success in the blockchain ecosystem,…

In crypto, not all progress looks the same. Some networks build the base layer, others deliver hands-on value. Cosmos has spent years creating cross-chain communication through its IBC protocol. Avalanche has focused on speed and scalability, winning praise for its smart contract support and low transaction costs.Both have achieved big things on the tech front, but they come up short for investors looking for practical tools. That’s where Web3 ai changes the story. Rather than staying behind the scenes with infrastructure, it offers an entire AI-driven toolkit tailored to crypto investing, giving it a big lead when it comes to…