Author: Kryptonews

Michael Burry, the investor known for predicting the 2008 financial crisis, warned that bitcoin’s BTC$78,937.14 recent drop could have ripple effects across markets, particularly in gold and silver. In a Substack post Monday, Burry said crypto’s decline may have forced institutional investors and corporate treasurers to unload positions in other assets to cover losses.“It looks like up to $1 billion in precious metals were liquidated at month’s very end as a result of falling crypto prices,” Burry wrote, pointing to the end-of-January dip in gold and silver. He suggested speculators and treasury managers rushed to de-risk by selling profitable holdings…

Crypto exchange Kraken’s parent company, Payward, reported 33% revenue growth in 2025 as transaction volumes rose and the business capitalized on its acquisitions. The company’s revenues rose to $2.2 billion last year, up from $1.6 billion in 2024 due to “broad-based performance across trading and asset-based businesses,” with total transaction volumes rising 34% over the year to $2 billion, Kraken co-CEO Arjun Sethi said in a report on Tuesday.He added that revenues were “well balanced,” with around 47% coming from trading-based revenue and 53% from asset-based and other revenues. Source: KrakenThe report comes as investors closely watch out for Kraken’s…

Ethereum co-founder Vitalik Buterin has reversed his long-held view that layer-2s should be the primary way to scale Ethereum, saying the approach “no longer makes sense.”“We need a new path,” Buterin said in a post to X on Tuesday, arguing that many layer-2s have failed to decentralize and that the Ethereum mainnet is now sufficiently scaling, with improvements coming from gas limit increases and soon native rollups.“Both of these facts, for their own separate reasons, mean that the original vision of L2s and their role in Ethereum no longer makes sense, and we need a new path.”Layer-2s were envisioned as…

The layer-1 blockchain Hedera (HBAR) has taken the top spot in crypto’s real-world asset (RWA) sector for recent development activity, according to new data from analytics firm Santiment. Santiment is sharing its latest RWA development rankings, which track notable GitHub activity over the past 30 days. Hedera ranked first, overtaking other major projects in the sector. “Here are crypto’s top Real World Assets (RWA’s) by development. Directional indicators represent each project’s ranking rise or fall since last month:” Source: Sanitment/X Blockchain oracle Chainlink (LINK) placed second on the list, followed by Ethereum (ETH) layer-1 rival Avalanche (AVAX) in third and…

Crypto infrastructure company Fireblocks has added support for the Canton Network, allowing financial institutions to custody and settle assets on a privacy-enabled blockchain designed for regulated markets. According to Tuesday’s announcement, the integration enables governed settlement of Canton Coin (CC) through Fireblocks’ platform and its New York Department of Financial Services–chartered trust entity. The offering is aimed at banks, custodians and asset managers exploring tokenized securities, deposits and other regulated instruments that require private settlement and strict controls.Financial institutions can custody Canton Coin via Fireblocks and apply its existing enterprise policy controls and workflow automation when settling assets on the Canton Network.…

In a new catalogue raisonné, scholar Christof Metzger argues that The Painter’s Father (1497), a painting in the collection of London’s National Gallery, is in fact an authentic work by Albrecht Dürer. The Painter’s Father, gifted to King Charles I of England in 1636, has long been thought to be a copy made decades after Dürer’s death in 1528, based on a lost original. But in the new publication Albrecht Dürer: The Complete Paintings, Metzger—a Dürer expert and curator of German art at Vienna’s Albertina Museum—contends that the face is “preserved so well that the painting’s formerly outstanding quality is…

MetaMask, the self-custodial crypto wallet developed by Ethereum software company Consensys, is rolling out access to tokenized US stocks, exchange-traded funds and commodities through Ondo Global Markets.Starting Tuesday, eligible MetaMask users in non-US countries will be able to access 200 tokenized US stocks, ETFs and commodities such as gold and silver on Ethereum network, the company said in a statement shared with Cointelegraph.The offering allows users to acquire tokenized assets via MetaMask Swaps by swapping Circle’s USDC (USDC) stablecoin into Ondo Global Markets (GM) tokens, which are designed to track the value of their underlying assets on a 1:1 basis.Ondo…

New York — WisdomTree’s crypto business is no longer an experiment but core to the firm’s strategy and on the verge of turning profitable, CEO Jonathan Steinberg said in a fireside chat at the Ondo Summit in New York on Tuesday.“We want to continue to scale,” Steinberg said. “Last year, we went from like $30 million in assets to about $750 million in assets,” adding that he firm doesn’t currently make money on its digital asset efforts but is “in line of sight of taking this to a profitable business.”The firm, $150 billion in assets under management, has been investing…

Key takeaways:Ether dropped 28% in a week to $2,110 as investors cut risk and markets wiped out leveraged traders.Spot ETH ETF outflows reached $447 million as Ethereum network activity fell by 47%.Ether (ETH) plummeted to $2,110 on Tuesday, signaling fragility following a brutal 28% price correction over seven days. Investors retreated into cash and short-term government bonds as the tech-heavy Nasdaq Index also fell 1.4%. Traders worry that valuations have become overextended and overly reliant on the artificial intelligence sector. Sentiment soured after Nvidia (NVDA US) CEO Jensen Huang denied plans to invest $100 billion in OpenAI. Investors braced for additional…

Institutional crypto derivatives provider Rails announced the launch of “Institutional-Grade Vaults” on the Stellar network on Tuesday, allowing brokerages, fintechs and other intermediaries to plug into crypto perpetuals via a single backend. The company aims for options trading in Q2 2026. Satraj Bambra, CEO of Rails, told Cointelegraph that the core idea was to separate matching from money. “The critical difference is custody and verifiability,” he said.Rails runs a centralized matching engine, while client assets will sit in audited smart contract vaults on Stellar. Every 30 seconds of profit and loss (PnL), fees and liabilities are committed onchain, as Merkle roots…