Author: Kryptonews
Crypto services firm Nexo Capital has revealed plans to reenter the U.S. market, marking a significant comeback two years after settling regulatory disputes with a $45 million fine.The announcement came during a high-profile event in Sofia, Bulgaria, on Sunday, where Donald Trump Jr. was the featured speaker, according to a report from Reuters.The conference, titled “Trump Business Vision 2025” and hosted by Nexo, brought together leaders from finance and technology to discuss global market trends.Nexo to Reenter U.S. in Coming MonthsNexo co-founder Antoni Trenchev confirmed that the company is preparing for a return to the U.S. in the coming months.He…
The attacker behind a $5.8 million exploit of Solana-based protocol Loopscale has agreed to return the stolen money in exchange for a 10% bounty. The news came after the platform was hacked on April 26 when an exploit affected the platform’s pricing system, causing a loss of roughly $5.7 million worth of USDC and 1,200 SOL from its vaults. The platform gave the hacker an offer and a grace period until April 28 at 6 AM EST to reply. The hacker appears to have agreed to the deal, expressing a willingness to return the stolen funds and claim the bounty. The…
TL;DR: The EPF successfully concluded the fifth cohort, Study Group 2025 and is preparing for cohort six (EPF6). Applications will be announced soon, keep an eye on the EF blog! In the meantime, get ready by enhancing your Ethereum protocol knowledge at EPF.wiki and sign up for the newsletter to get notified about announcements. The Ethereum Protocol Fellowship completed its fifth cohort, culminating with EPF Day at Devcon in Bangkok. Its completion marked 5 months of immersive learning, research and contribution to the Ethereum core ecosystem from a group of talented and dedicated fellows. Client devs and researchers welcomed new…
Brian Njuguna Nov 10, 2022 08:09 Lionel Messi, a football star who has bagged seven Ballon d’Or Awards, has joined hands with Sorare to be its brand ambassador and investor. Lionel Messi, a football star who has bagged seven Ballon d’Or Awards, has joined hands with Sorare to be its brand ambassador and investor. Sorare is an Ethereum-based fantasy soccer game platform that leverages non-fungible tokens (NFTs). Therefore, Messi will be instrumental in how fans connect with players and clubs. Nicolas Julia, the co-founder and CEO of Sorare, pointed out: “We believe…
A suspected theft of 3,520 Bitcoin valued at approximately $330.7 million has triggered a sharp rally in Monero (XMR), after the stolen funds were laundered through multiple instant exchanges.The incident, flagged by blockchain investigator ZachXBT, began when the BTC was transferred from a potential victim’s wallet to a known suspicious address.The launderers swiftly moved the funds across more than six exchanges, converting large amounts of Bitcoin into Monero, a privacy-centric cryptocurrency renowned for its untraceable transactions.Monero Soars 50% to Multi-Year HighThe sudden surge in demand caused XMR’s price to spike by 50%, reaching highs of $329, a level unseen in…
Ethereum Foundation has clarified that the upcoming Pectra upgrade will not include the highly debated EOF changes as those will come with the next upgrade, Fusaka. In his April 28 post on X, Ethereum Foundation Co-executive Director Tomasz K. Stańczak said that the upcoming Pectra upgrade, slated for May 7, does not include EOF, stating: “The Pectra upgrade does not include EOF, nor [is it] intended to include EOF. Everything on Pectra is going as planned for the May 7th release.” EOF, which stands for Object Format, is a major overhaul of Ethereum’s execution engine intended to optimize and modularize…
Wallet interoperability still remains the vision for Web3 gaming, according to Arthur Madrid, the co-founder and CEO of the decentralized metaverse and gaming platform The Sandbox. In an exclusive interview with Cointelegraph at the Crypto Polo event in Dubai, Madrid and The Sandbox co-founder and chief operating officer Sebastien Borget told Cointelegraph that Web3 gaming interoperability remains the goal for The Sandbox. Madrid said: “So, the vision is still kind of obvious for us. It’s like you need to be able to play any games using one wallet that will enable you to combine the utilities of all that you collected and…
Key NotesSolana is trading around $151, up by 2% in the past day.A long-term cup-and-handle pattern suggests a major bullish breakout could be near.Clearing the $153.65 resistance may propel SOL to $180, according to analysts. Solana SOL $150.9 24h volatility: 1.8% Market cap: $78.09 B Vol. 24h: $3.08 B is currently trading around $151 after posting a 2% gain in the past 24 hours. The sixth-largest cryptocurrency appears to be flirting with a major breakout, according to market analysts. Renowned analyst Ali Martinez recently noted that Solana has been quietly forming a textbook cup-and-handle pattern on the weekly chart since…
As Bitcoin sustained crowns above the $87,000 mark, Solana, the sixth-biggest cryptocurrency, trades at $138. With a 4% surge over the past seven days, Solana holds a market cap of $71 billion. Currently, it faces opposition to surpass the $140 mark, despite signaling a potential trend reversal. Will the bullish struggle lead to the $150 breakout rally? Or is the $131 retest inevitable? Let’s find out. Solana Price Analysis In the daily chart, the Solana price analysis showcases a bullish breakout of a falling wedge pattern. With the wedge breakout rally, Solana heads to the $140 mark. This accounts for…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum Foundation is realigning its developmental strategy to address core protocol efficiency and user experience challenges, following recent leadership changes earlier this year. Co-executive director Tomasz Stańczak outlined the updated focus areas in a public statement on X earlier today, emphasizing that the shift is intended to strengthen Ethereum’s long-term scalability while improving near-term usability. Protocol Upgrades and a Revised Role for Vitalik Buterin Stańczak described the discussions surrounding Ethereum’s base-layer roadmap as extensive and community-driven, noting that the changes are designed to sharpen focus among…
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