Author: Kryptonews

The creator of the non-fungible token (NFT) collection DeGods announced that he has stepped down as the CEO of the project amid an uptick in sales. Rohun Vora, known online as “Frank DeGods” on X, said he has stepped down as the project’s CEO, concluding a three-year stint as the head of one of the most popular Solana-based NFT collections. He identified pseudonymous figures 0x_chill and Pastagotsauce as the new leaders of DeGods. “There are no investigations, because I have never done anything illegal. That’s the boring truth,” Vora wrote, addressing speculation about his departure.  The announcement came as the NFT collection started…

The Filecoin Foundation and Lockheed Martin Space have successfully transmitted data in space using a version of the InterPlanetary File System (IPFS) on a satellite orbiting Earth, Marta Belcher, president of the Filecoin Foundation, told Cointelegraph. Filecoin and Lockheed Martin adapted the system for use in space and successfully tested it, Belcher said during the Consensus 2025 conference in Toronto.The IPFS enhances privacy and security compared to traditional web protocols, such as HTTP, by identifying data based on its content rather than its location. This has additional benefits for data transmission in space, Belcher said.“The architecture is well-suited to space because…

The Growing Need for Transparency and Security in AI Artificial Intelligence (AI) has transformed industries from healthcare to finance, but its rapid growth has also raised critical concerns about transparency, security, and accountability. Traditional AI systems often operate as "black boxes," making it difficult to understand how decisions are made—particularly in high-stakes applications like autonomous driving or fraud detection. Moreover, AI models are vulnerable to manipulation through adversarial attacks, data tampering, and biased training data. To address these challenges, blockchain technology is emerging as a powerful tool for enhancing AI’s trustworthiness. Blockchain: The Foundation for Secure and Transparent AI Blockchain’s…

Dogecoin (DOGE) is presently experiencing a decline, leaving many experts discussing the chances of a bullish rebound. Meanwhile, Lightchain AI has been gaining a lot of attention and attraction among investors. This new project combines blockchain technology with artificial intelligence, emerging as the best choice for investors looking into the future. Currently, the presale is at $0.007, with Lightchain AI raising over $20 million in funding, showing that investors trust the project. With its special approach and clear roadmap, Lightchain AI has been predicted to lead the market when the next boom happens. Dogecoin’s Decline- Setup for Potential Bullish Comeback?…

The security of the Ethereum protocol is continually being improved, and one recent effort is the external security review of the Pectra System Contracts. The results of this review can be found in the audits repository, and the TL;DR is that all discovered issues deemed relevant or important from these reviews have been addressed. Audit Scope and Methodology The Pectra System Contracts encompass several EIPs (EIP-2935, EIP-7002, and EIP-7251), and reviews were primarily done to: Evaluate the contracts for potential attack vectors.Ensure that the contract logic accurately implements the intended functionality as per the EIP specifications. A multi-phase approach was…

Blockchain technology has evolved from a niche tool for cryptocurrency transactions into a transformative force across industries. As we approach 2025, several key trends are poised to reshape the blockchain landscape, promising greater scalability, interoperability, and real-world adoption. Here’s a deep dive into the biggest trends to watch for in the coming year. Decentralized Identity (DID) and Self-Sovereign Identity (SSI) Identity verification remains a critical challenge in digital spaces, with centralized systems prone to breaches and data misuse. Blockchain-based Decentralized Identity (DID) and Self-Sovereign Identity (SSI) solutions are gaining traction, empowering users to control their personal data. By storing identity…

Despite recent setbacks, U.S. legislation to regulate stablecoin issuers may be heading toward debate and passage next week, according to the backers of the bill known as the “Guiding and Establishing National Innovation for U.S. Stablecoins” (GENIUS) Act.“Next week, the Senate will make history when we debate and pass the GENIUS Act that establishes the first ever pro-growth regulatory framework for payment stablecoins,” said Senator Hagerty, a Tennessee Republican who sponsored the bill to set U.S. standards for stablecoins, which are typically dollar-based tokens such as Circle’s and Tether’s that are vital to crypto trading activity.The latest draft of the…

Key Takeaways: Tinian has become the first public entity in the United States to approve and prepare the issuance of a USD-backed stablecoin (Marianas US Dollar, or MUSD). The MUSD stablecoin, backed by cash and U.S. Treasuries, and running on the eCash blockchain, is designed to help Tinian diversify its economy. The stablecoin legislation also authorizes internet casino licensing, strategically linking blockchain technology with tourism and online gaming. Tinian, a small island in the U.S. Pacific territory of the Northern Mariana Islands, jolted U.S. crypto policy by becoming the first public entity in the United States to receive approval to…

Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam.According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the men were caught by police soon after breaking into a locked section of Teratech SA’s facility in Coronel Bogado, leading to their arrest.Prosecutors believe the men may have had ties to Teratech as independent contractors, but are still waiting on official confirmation from the company’s CEO.The three deported were Chinese nationals Jinping Duan, Tian Jianyun and Zheng Guanglong, who did not have official entry…

Introduction to Smart Contracts In simple terms, a smart contract is a self-executing agreement with the terms of the contract written directly into lines of code. It automates the enforcement and execution of an agreement, eliminating the need for intermediaries like lawyers or banks. Once deployed on a blockchain, it cannot be altered or tampered with, making it a transparent and trustworthy way to conduct transactions. How Smart Contracts Work in Basic Steps Writing the Contract (Coding Phase)A smart contract is created using programming languages (like Solidity for Ethereum) to define the rules and logic of the agreement. For example,…