Author: Kryptonews

Caroline Bishop Sep 14, 2025 13:45 OM price drops 3.03% to $0.22 amid neutral technical signals, with MANTRA trading near key pivot levels as momentum indicators show conflicting signals for traders. Quick Take • OM currently trading at $0.22 (-3.03% in 24h) • MANTRA’s RSI at 46.66 indicates neutral momentum with no clear directional bias • No significant news catalysts driving price action in the past week What’s Driving MANTRA Price Today? The OM price decline of 3.03% over the past 24 hours appears to be driven primarily by broader market sentiment rather…

Ethereum developers are endeavoring to ensure that the second-largest blockchain lives up to one of the foundational tenets of the crypto community: end-to-end privacy.In a post on Friday, the Ethereum Foundation’s ‘Privacy & Scaling Explorations’ team rebranded to ‘Privacy Stewards of Ethereum’ (PSE). The team laid out a roadmap to “make privacy on Ethereum the norm rather than the exception.”The team aims to ensure that comprehensive end-to-end privacy is embedded across Ethereum’s technical stack, from protocols and infrastructure to applications and wallets. Privacy will become a part of Ethereum’s major use cases, like finance, identity, and governance, the team stated.At…

In brief The Crypto Gaming Recovery Fund has been set up to offer players of shuttered crypto games assets for Splinterlands. A total of $500,000 worth of tokens and in-game assets are available, spread out over seven years. The Splinterlands team hopes to welcome additional contributors to offer up game assets to affected players. Blockchain games are shutting down in droves so far this year, as hype and funding fade and crypto investors turn their attention elsewhere. But one long-running crypto game hopes to draw some of those players affected by shutdowns by offering free NFT assets for affected users.Crypto…

A hacker has conducted a massive exploit of the $YU token, minting hundreds of millions of tokens and swapping some of them into stablecoins and Ethereum on various blockchains. The cross-chain infrastructure remains a challenge that is indicated in the incident. The attacker minted 120 million $YU tokens on the Polygon network, according to on-chain data. This was cross-bridged and sold within Ethereum and Solana for 7.71 million, and the hacker received 7.7 million in USDC. Remaining $YU Tokens Still in Circulation Although the first conversion has already brought great returns, the hacker does not yet have small sums of…

Calling crypto “Web 3.0”, the third layer of the internet that enables permissionless asset ownership on the Web, “undermines” crypto’s true significance, which is a complete overhaul of the capitalist system, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius. Mumtaz said that crypto supercharges all the necessary ingredients for capitalism to function properly, including the free flow of information in a decentralized way, immutable property rights, incentive alignment, transparency, and “frictionless” capital flows. Mumtaz added:“Crypto’s endgame will be that it fundamentally evolves the most impactful human invention of all time: capitalism. We said crypto was Web…

Native Markets, one of the teams that submitted a proposal to issue and manage the Hyperliquid crypto exchange’s US dollar stablecoin (USDH), officially claimed the USDH ticker on Sunday, following a community vote.The project will deploy the inaugural Hyperliquid Improvement Proposal (HIP) for USDH and an ERC-20 token, the token standard for the Ethereum network, in the coming days, Max Fiege, founder of Native Markets, said in an X post. He also outlined the next steps:“We will then start with a testing phase for mints and redeems of up to $800 per transaction with an initial group, to be followed…

The Bitcoin hashrate crossed an important milestone this week, hitting 1 zetahash per second. That’s 1,000,000,000,000,000,000,000 hashes computed every single second. To put it simply: Bitcoin is more secure and powerful than ever.As macro investor and long-time Bitcoin advocate, Dan Tapiero questioned:“How do people still not get it?”Bitcoin hashrate at an all-time highThe Bitcoin hashrate is at an all-time high. A zetahash is a trillion exahashes, or one sextillion hashes, and this figure represents the total computational muscle powering Bitcoin’s Proof-of-Work consensus system.Miners deploy purpose-built computers to compete for new blocks, rapidly running cryptographic “nonce” guesses until one solution fits.Hashrate…

Bitcoin’s rally lost momentum in August, and slowing corporate accumulation may explain why.Tracked treasury entities added 47,718 BTC last month ($5.2 billion), down from more than 100,000 BTC in July, according to the latest Bitcoin Treasuries Adoption Report. That brought total holdings across public companies, private firms, governments and ETFs to 3.68 million BTC, valued at $400 billion at month-end. The monthly increase of 1.2% was far weaker than July’s 4.6%.This easing in BTC acquisitions by corporate entities could offer an explanation for BTC’s rally to $123,000 not being sustained. Bitcoin hit an all-time high in mid August, but fell…

In its latest report, BitMEX Research examined how BRC-20 Tokens and Ordinal images are affecting Bitcoin node verification. The study looked at Ordinal-related data on Bitcoin, including the transaction count and data size, to determine their impact on node operators. BRC-20 Tokens Strain Bitcoin Nodes More Than Images The September 8 report revealed that BRC-20 tokens create more problems for some Bitcoin node runners than Ordinal images. Notably, the former make up 92.5 million transactions while the latter account for only 2.7 million, yet both use about 30GB of storage. However, BRC-20 transactions put greater strain on nodes, while larger…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…