Author: Kryptonews

At Phillips New York on Tuesday night, a far less lucrative sale night than 2024 bore out concerns of a cooling market. The house’s modern and contemporary evening sale generated $52 million, around 40 percent below last year’s haul of $86 million at the equivalent May sale. Tuesday’s auction also exactly achieved its pre-sale estimate of $52 million, likely caused by five lots failing to sell. (Another four were withdrawn prior to the sale.) That current state of affairs, however, didn’t stop a handful of breakout moments, including five new records for women artists. While the sale’s top selling artists…

South Korean crypto exchange deregulation proposals could affect the nation’s banking industry, dealing a blow to the likes of K Bank, reports have claimed.South Korea’s Financial Post reported that the Democratic Party, the National Assembly’s biggest party, is currently “considering” issuing a manifesto promise to ditch existing fiat on/off banking rules.Crypto Exchange Deregulation Now Inevitable, Sources ClaimThe current banking rules require domestic fiat-trading crypto exchanges to partner with a bank that must provide platforms with customer banking services via dedicated crypto wallet-linked bank accounts. Upbit trading volumes over the past 12 months. (Source: CoinGecko)In late April, the ruling People Power…

Disclaimer: This article contains a video that may be disturbing for some readers.A brazen attempt to kidnap the daughter and grandson of Pierre Noizat, the co-founder and CEO of French crypto exchange Paymium, was foiled after the daughter and passersby reportedly fought off the kidnappers.Three masked men attacked Noizat’s daughter and a male partner on May 13 while she was walking with her son in Paris’ 11th district. The assailants tried to force Noizat’s daughter and her son into a waiting van, the French state-owned media outlet France24 reported on May 13.The accompanying male partner was assaulted when he tried…

Even though NFT sales volume is still down 88% from 2022 all-time highs (and down 38% year-to-date), Pallet Exchange is building a new type of NFT marketplace focused on user retention. And it’s doing it on a blockchain less known for NFT trading: Sei. Co-founders Kelvin Wang and Davy Li have convinced investors that there’s still enough of a future in NFTs beyond silly social media profile pictures (PFPs) to have raised a $2.5 million in a private funding round with participation from Spartan Group, Symbolic Capital, Cypher Capital and angel investors from Coinbase, MoonPay and more, TechCrunch learned exclusively.…

On May 7, U.S. President Donald Trump once again aimed at the country’s judicial system for not letting him do the job for which he was elected.  He pointed out court’s interference is holding back key reforms, possibly including his administration’s efforts to regulate the crypto industry.  While Trump did not mention cryptocurrency directly, his complaint that “activist judges” are preventing his administration from doing the job it was “elected to do” is raising concerns about whether crucial policy initiatives and reforms like crypto regulation.  Trump stated in the post, “Activist judges must let the Trump Administration deport murderers, and…

Abraxas Capital has accelerated its accumulation of Ethereum with another massive buy worth over $84.7 million. The asset management firm, which has aggressively bought Ethereum (ETH) over the past week, added to its growing haul with another 33,482 ETH. According to Lookonchain, who shared details of Abraxas Capital’s buys on X, the company scooped $84.7 million worth of the top altcoin within the past 12 hours. Accumulation over the past six days now sees Abraxas hold over $477 million of ETH, with total purchases bringing its haul to 211,030 Ether tokens. Having recently withdrawn over $297 million worth of Ethereum…

Remember 2022? Elon Musk had just been named Time’s Person of The Year, Marvel still ruled the box office, Tucker Carlson was the most-watched host on cable news and it seemed as if all of life was going to take place on the blockchain (the Staples Center in LA had been rechristened the Crypto.com arena, and Yuga Labs, the company behind Bored Ape Yacht Club, was valued at $4bn).What a difference a year makes: 2023 has seen the crash of digital currency, the flatlining of NFTs, and the floundering of blockbuster franchises. Previously beloved musicians took on a more sinister…

Alvin Lang May 13, 2025 16:12 Discover how reasoning AI agents, powered by advanced models like NVIDIA’s Llama Nemotron, are transforming high-stakes decision-making across industries such as healthcare, finance, and logistics. Reasoning AI agents, enhanced by advanced models such as NVIDIA’s Llama Nemotron, are reshaping high-stakes decision-making across various sectors. These agents, leveraging large language models (LLMs), have evolved from simple chatbots to sophisticated digital teammates capable of planning, reasoning, and adapting based on feedback, according to NVIDIA Blog. Advancements in AI Reasoning With the ability to think critically, reasoning AI agents can…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is now trading above the $2,500 mark, reaching a fresh daily high of $2,609 as bullish momentum continues to build. After months of uncertainty and sideways action, sentiment has flipped strongly in favor of the bulls. The market-wide optimism is growing, fueled by Bitcoin’s breakout above $100K and renewed attention on altcoins, setting the stage for a potential altseason. Ethereum’s sharp recovery from its lows has caught the attention of top analysts. Among them, Ted Pillows shared a technical breakdown highlighting that the ETH reversal has…

Samuel Edyme Nov 07, 2022 03:00 NFT marketplace OpenSea has revealed its plan to create a tool to help creators on its platform enforce creator fee payments. NFT marketplace, OpenSea has revealed its plan to create a tool to help creators on its platform enforce creator fee payments. It is probably not a new thing whether enforcing or not royalties which have been argued topics in the industry ever since it was introduced. While some platforms have already concluded their side of the argument, platforms such as OpenSea were yet to reveal their…