Author: Kryptonews

What Are NFTs? Non-Fungible Tokens (NFTs) have transformed the way we think about digital ownership. Unlike cryptocurrencies, which are interchangeable (one Bitcoin is the same as any other), NFTs represent unique assets—whether digital art, in-game items, collectibles, or even real-world assets like property deeds. Their scarcity and verifiable authenticity are guaranteed by blockchain technology, preventing counterfeiting and ensuring true ownership. NFTs first gained mainstream attention with the explosive growth of digital art platforms like OpenSea and Rarible, where artists could mint, buy, and sell exclusive works. But their potential extends far beyond art—NFTs have disrupted gaming, music, real estate, and…

Key Takeaways:Saudi Arabia will deploy 18,000 NVIDIA GB200 Blackwell chips in a massive AI infrastructure push.A $5 billion investment from HUMAIN will create AI factories powered by NVIDIA tech.The deal positions Saudi Arabia as a future global AI superpower aligned with Vision 2030.NVIDIA has inked a multi-billion-dollar deal with Saudi Arabia to build sovereign AI infrastructure, marking one of the largest AI investments ever in the Middle East. The partnership will deploy NVIDIA’s cutting-edge Blackwell GPU clusters and Omniverse Cloud systems, aiming to transform the Kingdom into a global AI hub.Read More: NVIDIA Debuts New AI Tools for Next Generation…

Today, we’re excited to announce the Pectra Audit Competition, kicking off on Cantina! This month-long event will run from February 21 to March 24, and we’re excited to see what issues the security community can find. Why Pectra Matters Some of the key EIPs for Pectra are listed below From EOAs to Smart Accounts (EIP-7702) Enhances Externally Owned Accounts (EOAs) with smart contract features. Key Benefits Transaction Batching: Combine multiple operations into a single transaction.Gas Sponsorship: Others can pay fees for the account.Alternative Authentication: Use hardware security modules or passkeys for authorization.Spending Controls: Limit token usage/outflows for improved security.Recovery Mechanisms:…

Introduction to ERC20 Tokens ERC20 tokens are a fundamental part of the Ethereum blockchain ecosystem, serving as a technical standard for creating interoperable digital assets. This standard ensures that all tokens following its guidelines behave predictably, making them compatible with various decentralized exchanges (DEXs), wallets, and smart contracts. ERC20 tokens allow developers to create fungible assets that can be seamlessly transferred, stored, and traded across different platforms without compatibility issues. This interoperability has contributed significantly to the growth of decentralized finance (DeFi) and the broader Web3 movement. How ERC20 Tokens Work ERC20 tokens are built using smart contracts, which are…

Ubisoft is set to launch a new version of its turn-based strategy game Champions Tactics on Steam this Monday, May 19. The game, titled Champions Tactics: Reforged, is a free-to-play version that does not include any blockchain features or NFT integration.The Steam release marks a departure from earlier editions of the game that relied on web3 technologies. Ubisoft has confirmed that this version is aimed at players who prefer a traditional experience without digital asset ownership or blockchain-based mechanics.The game’s arrival on Steam also coincides with the transition from Season 3 to Season 4, which begins the same day. Ubisoft…

Key Takeaways: Litecoin’s price faces bearish volatility around $100. Our Litecoin price prediction for 2025 expects the maximum price of LTC to be $201. In 2030, we expect Litecoin to attain a maximum of $1,228. Following Bitcoin’s move toward $100K, Litecoin faced increasing buying activity. This surge in activity raises several questions for investors: Is it a good time to invest in Litecoin? Or Will Litecoin (LTC) hold above $200 in 2025? These are common questions that make predicting Litecoin’s price a bit tricky. We have prepared a detailed analysis and forecast of Litecoin price prediction from 2025 to 2031…

Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported.According to the May 16 report, the measures include priority access to police emergency lines, home security assessments, and safety briefings from French law enforcement to ensure best practices are being followed.France’s Interior Minister Bruno Retailleau introduced the security measures as part of a broader effort to counter the recent wave of attacks.”These repeated kidnappings of professionals in the crypto sector will be fought with specific tools, both immediate and short-term, to prevent, dissuade and hinder in…

Key NotesAll Tron investors are currently in profit according to the latest CryptoQuant data.Both short-term and long-term holders are seeing gains, fueling strong market confidence.Tron holds the 10th spot by market cap with a nearly $25.82 billion valuation and high trading volumes. A new data insight from CryptoQuant reveals that every investor holding Tron TRX $0.25 24h volatility: 0.6% Market cap: $23.27 B Vol. 24h: $464.89 M is currently making a profit. This milestone comes as Tron gains strength in the cryptocurrency market, backed by an increase in trading activity and growing confidence among investors. All TRX Investors in Profit,…

Introduction to Blockchain Governance Blockchain governance refers to the frameworks and mechanisms used to manage, update, and make decisions within a decentralized network. Unlike traditional centralized systems, where authority rests with a single entity, blockchain governance distributes decision-making power among stakeholders. This ensures that no single party controls the network, enhancing transparency, security, and fairness. How Blockchain Governance Works Governance in blockchain systems typically involves a set of rules and processes designed to maintain network consensus. These rules can vary widely depending on the blockchain’s design, but they generally include mechanisms for: Proposing and voting on changes—Developers, users, or validators…

The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers globally, to explore clearer regulatory definitions around staking in blockchain networks.The meeting, which also involved the SEC’s Crypto Task Force, comes at a time when over $193 billion in digital assets are staked across major proof-of-stake (PoS) networks.However, despite the massive scale of participation, staking remains in a legal gray zone in the US as regulators wrestle with its classification under existing securities law.The previous SEC administration also took enforcement actions against major players such as Kraken, Coinbase, and Consensys due…