Author: Kryptonews

The Bank of England has launched a new industry experimentation initiative to explore how tokenized assets could be settled using synchronized, atomic settlement in British pounds sterling as part of efforts to modernize the UK’s real-time gross settlement (RTGS) infrastructure.The Synchronisation Lab initiative will allow 18 selected companies to test delivery-versus-payment and payment-versus-payment settlement between the BoE’s next-generation RTGS core ledger, known as RT2, and external distributed-ledger platforms, in a non-live environment without using real money, according to a bank statement.The six-month pilot, scheduled to start in spring 2026, is intended to validate the central bank’s design choices for synchronized settlement, assess…

Robinhood has launched a public testnet for Robinhood Chain, its new Ethereum layer‑2 network built using Arbitrum technology that aims to bring tokenized real‑world and digital assets onchain.According to a release shared with Cointelegraph, the testnet, which is now live for developers, offers network access points, documentation at docs.chain.robinhood.com, compatibility with standard Ethereum development tools and early integrations from infrastructure partners. Robinhood says the chain is designed for “financial‑grade” use cases, including 24/7 trading, seamless bridging, self‑custody, and decentralized products such as tokenized asset platforms, lending markets, and perpetual futures exchanges. A mainnet launch is planned for later this year, with testnet-only…

Former SafeMoon CEO Braden Karony has been sentenced to 100 months in prison for stealing $9 million from the crypto platform’s liquidity pool in 2021 to fund a “lavish lifestyle.”The sentence on Monday comes nine months after Karony was convicted by a federal jury on charges of conspiracy to commit securities fraud, wire fraud and money laundering in May 2025. “Not only did Braden John Karony abuse his position as CEO, but he also betrayed his investors’ trust by stealing more than nine million dollars in digital assets from his company to fund his lavish lifestyle,” FBI assistant director James C.…

The crypto wallet provider MetaMask has taken the top spot in Santiment’s latest rankings for overall development activity, according to new data from the blockchain analytics firm. In a new post on X, Santiment shared its most recent list of crypto projects with the highest level of notable GitHub development over the past 30 days, tracking changes in rankings compared to the previous month. [adinserter block=”1″] “Here are crypto’s top overall coins by notable development activity the past 30 days. Directional indicators represent each project’s rank rise or fall since last month.” Source: Santiment/X According to the rankings, MetaMask placed…

TEFAF New York will return to the Park Avenue Armory from May 15 to 19, 2026, with 88 exhibitors presenting modern and contemporary art, design, jewelry, and antiquities. An invitation-only preview will take place on May 14. The 2026 edition will bring together dealers from 14 countries across four continents. The roster includes nine new exhibitors and 78 returning participants, with four galleries rejoining after an absence. “The heart of TEFAF New York lies with its exhibitors,” Leanne Jagtiani, Director of TEFAF New York, told ARTnews. “In 2026, we’re proud to present a compelling lineup of dealers, both longstanding participants…

Bitcoin (BTC) is trading below $69,000 on Tuesday, confirming the view that price consolidation is the most likely course over the short term. The sell-off to $60,000 and the subsequent recovery to $72,000 resulted in many BTC price indicators falling into what analysts say is a deep value zone, but will buyers reach the same conclusion?Key takeaways:Bitcoin’s realized price bands have aligned with a long-term accumulation zone that preceded new BTC highs. Power law quantile models place BTC near the lower 15% of its long-term log-log price corridor, a zone that has consistently appeared after prior cycle peaks.Valuation and momentum metrics…

Crypto miner and manufacturer Canaan fell 6.9% on the Nasdaq on Tuesday despite reporting a 121.1% year-on-year increase in revenue to $196.3 million in the fourth quarter, driven by an increase in hardware sales and stronger mining performance.Canaan reported that its Bitcoin (BTC) mining revenue rose 98.5% year-on-year to $30.4 million, helping boost its Bitcoin treasury to a record 1,750 BTC, valued at nearly $120 million, while the company also increased its Ether (ETH) holdings to 3,950 ETH, worth $7.9 million.The revenue figure is Canaan’s highest quarterly posting in three years, and was also driven by Bitcoin mining machine sales,…

Crypto’s $193 million campaign-finance force, the Fairshake political action committee, is launching into congressional midterm season with a massive $5 million injection into the Republican primary campaign of Barry Moore, a U.S. congressman now running for Senate.One of Fairshake’s affiliates, Defend American Jobs, is committing that spending to support Moore, even though the general election remains almost nine months away. That marks one of the group’s first major forays into what promises to be a high-stakes, high-spending election season.”We are proud to stand with Barry Moore, a leader who will fight for economic growth and make America the crypto capital,”…

Ether (ETH) struggled to hold prices above $2,000 on Tuesday, and against this backdrop, analysts noted that Ether’s 31% decline in 2026 fits a familiar price fractal from previous bull markets.Key takeaways:ETH’s recent dip to $1,736 may mark only the first of many lows in a larger consolidation phase.Onchain cost-basis data clusters between $1,300 to $2,000, reinforcing this range as a potential demand zone.ETH fractal hints at a longer base-building phaseA long-term fractal comparison between the 2021-2022 and 2024-2025 cycles suggests that Ether’s sharp sell-off mirrors a pattern in which an initial bottom is formed before the price revisits lower…

Ether (ETH) struggled to hold prices above $2,000 on Tuesday, and against this backdrop, analysts noted that Ether’s 31% decline in 2026 fits a familiar price fractal from previous bull markets.Key takeaways:ETH’s recent dip to $1,736 may mark only the first of many lows in a larger consolidation phase.Onchain cost-basis data clusters between $1,300 to $2,000, reinforcing this range as a potential demand zone.ETH fractal hints at a longer base-building phaseA long-term fractal comparison between the 2021-2022 and 2024-2025 cycles suggests that Ether’s sharp sell-off mirrors a pattern in which an initial bottom is formed before the price revisits lower…