Author: Kryptonews

The Spanish Red Cross (Creu Roja) has deployed a new blockchain-based aid distribution system, RedChain, that promises real-time donor transparency without exposing the identities of the people receiving assistance. According to a release shared with Cointelegraph, the platform, developed with Barcelona-based infrastructure provider BLOOCK and zero-knowledge credential firm Billions Network, aims to digitize “the entire aid lifecycle from donation to disbursement.”It replaces paper vouchers and prepaid cards with ERC‑20 aid credits issued on the Ethereum (ETH) blockchain, delivered to a mobile wallet that can be used at participating merchants via quick response (QR) codes. Beneficiary data, including names, contact information, and case…

There’s always a bull market somewhere.While bitcoin and shares of bitcoin holder Strategy are falling, an exchange-traded fund designed to move in the opposite direction of MSTR and double its daily change has hit a record high.That exchange-traded fund is the GraniteShares 2x Short MSTR Daily ETF, trading under the ticker MSDD on Nasdaq. It is an actively managed fund designed to deliver -200% of the Strategy’s daily performance. In simple terms, if MSTR falls 2% in a day, the ETF targets a 4% gain that same day (before fees/decay).The fund debuted on Jan. 10, 2025 and is seen as a…

Ondo Finance announced a major integration with MetaMask to bring tokenized US stocks and ETFs directly into the popular self-custodial wallet. Yet the ONDO token barely moved on the news, continuing a month-long decline that has seen it lose over a third of its value.Sponsored MetaMask and Ondo Finance unveiled their integration at the Ondo Global Summit on February 3. The partnership brings more than 200 tokenized US securities to the MetaMask mobile wallet through Ondo Global Markets.Users in supported jurisdictions can now buy, hold, and trade tokenized versions of major stocks, including Tesla, NVIDIA, Apple, Microsoft, and Amazon. The…

Aave Labs says it is sunsetting its “umbrella brand” Avara in the company’s latest move to refocus on decentralized finance and simplify its branding.Aave founder and CEO Stani Kulechov posted to X on Tuesday that Avara, a company encompassing projects including the Family crypto wallet and previously the social media platform Lens, “is no longer required as we go all in on bringing Aave to the masses.”Kulechov said the Apple iOS-based Family crypto wallet was also being wound down as the team has “learned that onboarding millions of users requires purpose-built experiences, such as savings, rather than generic, open-ended wallet…

Two leading prediction market platforms, Polymarket and Kalshi, have both turned to giving away groceries amid a fight for dominance in the fast-growing prediction markets space. Kalshi offered a $50 grocery giveaway to over 1,000 people in Manhattan on Tuesday, while competitor Polymarket announced plans to open a free grocery store starting next week.Thousands have already picked up their free Kalshi groceries!We are being told we’ve already inspired other companies to keep up the initiative!2 more hours to get yoursWestside Market | 84 3rd Ave. NYC pic.twitter.com/8R11OGODLu— Kalshi (@Kalshi) February 3, 2026 Kalshi and Polymarket have led the pack in…

Crypto.com has spun out its prediction markets business, first launched in 2024, into a standalone platform called OG, competing with the likes of Polymarket and Kalshi. OG is powered by Crypto.com Derivatives North America (CDNA), a Commodity Futures Trading Commission-registered exchange and clearinghouse and affiliate of Crypto.com. OG said on Tuesday that it is only available in the United States for now.Entering a ‘deca-billion dollar’ industryKris Marszalek, co-founder and CEO of Crypto.com, highlighted the firm’s growth in the prediction market space as the reason for launching a dedicated platform. Crypto.com first announced the launch of a “sports event trading” product for US users…

A painting by Camille Pissarro in the collection of the Metropolitan Museum of Art is under renewed scrutiny over the circumstances of its sale by its former owner, the department store magnate and art collector Max Julius Braunthal. As reported by the New York Times, seven of Braunthal’s heirs have filed suit in a French court, alleging that the painting, Haystacks, Morning, Eragny (1899), was sold under duress in 1941. The Met maintains that Braunthal received fair market value for the work, which depicts several domed haystacks in a verdant, tree-filled meadow in Eragny, the village northwest of Paris where…

Stablecoin-fueled dusting attacks are now estimated to make up 11% of all Ethereum transactions and 26% of active addresses on an average day, after the Fusaka upgrade made transactions cheaper, according to Coin Metrics. Ethereum is now seeing more than 2 million average daily transactions, spiking to almost 2.9 million in mid-January, along with 1.4 million daily active addresses — a 60% increase over prior averages.The Fusaka upgrade in December made using the network cheaper and easier by improving onchain data handling, reducing the cost of posting information from layer-2 networks back to Ethereum.Digging through the dust on EthereumCoin Metrics said…

Bitcoin’s recent retreat after reaching an all-time high of $77,000 has raised eyebrows among newer market entrants. Yet, seasoned investors and analysts recognize this correction not as a signal of impending collapse, but as a classic hallmark of a maturing bull cycle. In the realm of digital assets, retracements serve a valuable purpose: shaking out weak hands, rebalancing market sentiments, and setting the foundation for new levels of price discovery. With the cryptocurrency market expanding in institutional adoption and blockchain innovation, identifying these pivot points can yield significant strategic advantage.Rather than interpreting this pullback as a bearish harbinger, many long-term…

In what some may see as a unique and slightly dystopian use of artificial intelligence, a crypto developer has launched a website that enables AI agents to rent humans to do tasks in “meatspace.” In a post via X on Monday, user Alex, or @AlexanderTw33ts, an engineer at decentralized finance platform Uma Protocol and layer-2 bridging solution Across Protocol, shared a video of his website “rentahuman.ai” in action. The site lets humans set an hourly rate and enables AI agents to hire them for anything from running simple errands to partaking in business meetings, taking photos, signing documents and making real-world purchases.  Alex…