Author: Kryptonews
Investment firm VanEck is launching a tokenized real-world asset (RWA) fund that offers exposure to US Treasury bills, developed in partnership with tokenization platform Securitize. The initiative places VanEck among a growing number of traditional finance firms entering the RWA tokenization space.The fund, called VBILL, will be initially available on Avalanche, BNB Chain, Ethereum and Solana blockchains, VanEck said in a May 13 statement. The fund’s minimum subscriptions start at $100,000 for investments running on Avalanche, BNB Chain, and Solana, while the minimum subscription on Ethereum is $1 million.VanEck joins a burgeoning field of traditional financial firms that have launched…
48LG will shut down its non-fungible token (NFT) marketplace, Art Lab, on June 17, after three years of operation, according to a notice on its website.Launched in 2022, Art Lab allowed smart TV users to buy, sell, and display NFTs directly from their screens. The platform initially operated on the Hedera network before expanding to Ethereum.LG did not provide specific reasons for the shutdown but stated it would “shift focus and explore new opportunities.”The decision aligns with a broader trend in the NFT space. Several companies, including Kraken, Immutable, Quidd, and MakersPlace, have already shut down their NFT marketplaces. The…
Key Takeaways:Saudi Arabia commits to $600 billion in U.S. investments, with $20 billion going into AI and data centers.Global tech giants including Google, Oracle, and AMD plan to deploy $80 billion into emerging technologies across both countries.Crypto and blockchain industries are poised to gain from the infrastructure boom and AI-driven expansion.According to the fact sheet released today from the White House, the historic investment commitment between Saudi Arabia and the United States is making waves across multiple sectors, including cryptocurrency. While the spotlight falls on traditional infrastructure and defense, blockchain and crypto-related technologies are quietly positioned to ride the wave…
After a strong bullish reversal, Ethereum’s momentum appears to be cooling amid massive profit-taking from holders. Ethereum (ETH) is trading at $2,438 as of press time, down 3.5% in the past 24 hours after a strong 34% rally over the past week. Open interest has decreased by 2%, as per Coinglass data, indicating a reduction of leveraged bets. The decline comes after an intense rally that saw ETH soar from $1,800 to over $2,500 in a matter of days. According to a May 13 analysis on X by Glassnode, the rapid climb was supported by a lack of resistance between…
Are you looking for the best crypto casinos in 2025? With many opinions and options in the market, finding the best casino that meets your requirements can be challenging. So, whether you are a beginner seeking to deepen your toes into playing casinos or a seasoned player, join me as we explore the top 10 crypto casinos to play this year. With a wealth of experience in the crypto industry, we will shift gears into casinos that accept crypto, scrutinizing their offerings, user experiences, and security measures. Luckily, I have tried and tested the platforms, so I’ll save you the…
12Adidas has launched a new set of non-fungible tokens (NFTs) as part of its latest move into Web3, partnering with “Xociety,” a third-person crypto shooter game with RPG elements. The collection includes limited-edition in-game skins inspired by “ALTS by adidas,” and will be minted on the Sui L1 blockchain. These NFTs will appear in the form of mystery boxes and will be available for minting on Tradeport starting May 16 at 9 a.m. ET.The mystery boxes, limited to 2,600 units, are available in two types: the “adidas Pack” (2,000 units), priced at $129.99, and the discounted “Partner Pack” (500 units) for…
IntroductionAlthough Ethereum continues to dominate mainstream headlines as the go-to network for decentralized finance (DeFi) innovation, a significant, transformative development is quietly gaining ground within the Bitcoin ecosystem. Rootstock (RSK), a smart contract platform built on top of Bitcoin’s secure proof-of-work protocol, is redefining DeFi infrastructure by merging the best of both worlds: the trusted security of Bitcoin and the programmable versatility of smart contracts. RSK is not merely creating a parallel DeFi universe — it’s offering an alternative that rivals Ethereum’s grip on the sector, while drawing from the most battle-tested blockchain in existence.By enabling a smart contract layer…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto market pundit Nick Tomaino has shared an interesting take on Ethereum’s potential to match up with Bitcoin as the most valuable cryptocurrency. The web3 commentator and founder of prominent investment firm 1confirmation has elucidated on Ethereum’s features, providing a compelling case on why the altcoin could soon match up to Bitcoin’s social and market status. Blockchain Use Case, User Neutrality Favor Ethereum Over Bitcoin – Analyst According to Tomaino in an X post on May 10, Bitcoin can be described as the first decentralized currency or store…
Bitcoin (BTC) experienced another wave of volatility early Tuesday, briefly falling to $102,980 before stabilizing. The decline triggered a spike in forced liquidations, with Coinglass data showing over $763 million in short positions wiped out—marking one of the largest daily liquidation totals in recent weeks.The move highlights how overleveraged long and short traders continue to face extreme risk amid a macro-sensitive crypto landscape.Binance BTC/USDT Liquidation Map – Source: CoinglassNotably, 73% of these liquidations were long positions, underscoring the vulnerability of bullish traders during rapid pullbacks. The largest single liquidation was a BTC/USD contract worth over $11 million on Bybit.CPI Miss…
Less than 24 hours after Rohun Vora – better known as Frank DeGods, announced his resignation as CEO of DeLabs, the company behind the high-profile NFT projects DeGods and y00ts, the NFT market witnessed a sharp and unexpected price surge.Both collections, DeGods and y00ts, saw increases in trading volume and floor prices across Ethereum and Solana. This wasn’t just a simple price rebound, but rather a vivid sign that sometimes communities respond more positively when an outsized personal influence steps away from a project.A Surprise Move, but Not a ShockFrank DeGods, whose real name is Rohun Vora, is the founder…
Risk Disclosure:
Trading cryptocurrencies and financial instruments involves significant risk and may lead to the loss of your entire investment. Cryptocurrency prices are highly volatile and can be influenced by financial, regulatory, or political events. Before engaging in trading, carefully assess your risk tolerance, financial situation, and seek professional advice if necessary. The information provided on kryptonews.com.pl may not always be real-time or accurate, and prices may differ from actual market values. Kryptonews.com.pl and its data providers are not responsible for any losses or damages resulting from trading decisions or reliance on the information presented. All content is protected by intellectual property laws. Any use, reproduction, modification, storage, or distribution of website content without explicit permission is prohibited. Kryptonews.com.pl may receive compensation from advertisers based on user interactions.
© 2025 kryptodaily.com