Author: Kryptonews

In brief Andreessen Horowitz has poured another $70 million into EigenLayer, adding to its previous $100 million investment . EigenCloud enables developers to build verifiable Web2 and AI applications. The platform will verify asset pricing for BlackRock’s $2 billion BUIDL fund, among others. For years, blockchain developers have faced a frustrating limitation: their applications could only verify what happened on the blockchain itself. Everything else, from AI computations to real-world data, remained trapped in a trust vacuum. Now, EigenLayer believes it has cracked the code.The Ethereum restaking protocol announced on Tuesday that venture capital giant Andreessen Horowitz has invested an additional…

Friends, Leaves have fallen for those in the global north, Summer is on the way in the south, and ETH is staked across the globe. The jolliest of holidays has arrived, the birth of the beacon chain. Moreover, incredible progress has been made in recent months by all EF supported teams. But without the ability to interact in person recently, we might’ve missed quite a bit from one another. So as this unique year draws to a close, we’re excited to bring a whole host of detailed updates to you from some of the teams that help to move Ethereum…

Malaysia has launched its Digital Asset Innovation Hub initiative, which will serve as a regulatory sandbox, enabling fintech and digital asset firms to test new technologies under the oversight of the country’s central bank.On Tuesday, Prime Minister Anwar Ibrahim announced the initiative during the Sasana Symposium 2025 in Kuala Lumpur, according to a report by The Business Times. He described the hub as the “beginning of a new chapter” for Malaysia’s digital economy.Ibrahim detailed that the sandbox will allow use cases such as programmable payments, ringgit-backed stablecoins, and supply chain financing to be explored in a controlled environment.“Our ambition is…

Bitcoin, while offering a revolutionary way to transact, also presents opportunities for scammers looking to exploit the unwary. Understanding the common scams and learning preventative measures is crucial for ensuring safe Bitcoin transfers and protecting your hard-earned digital assets. This guide will provide practical tips to help you navigate the world of Bitcoin safely and securely. Recognizing Common Bitcoin Scams Being able to identify potential scams early is the best defense. Here are prevalent techniques scammers use: Phishing Scams: These often arrive in the form of emails, texts, or social media messages impersonating legitimate companies like exchanges or wallet providers.…

Senator Elizabeth Warren has voiced fresh concerns about the GENIUS Act, a bill designed to regulate stablecoins in the US financial system, ahead of its final vote scheduled for later today.In a June 16 statement on X, Warren claimed the bill could allow billionaires to launch stablecoins that monitor user activity and gain an unfair edge in the market. She also cautioned that any fallout from such initiatives might later require taxpayer bailouts.According to her:“The GENIUS Act has a major loophole allowing Big Tech companies and major retailers to issue their own private currencies structured as stablecoins. This bill shouldn’t…

US spot Bitcoin exchange‑traded funds (ETFs) recorded $412.2 million in net inflows on Monday, extending their streak to six days and pushing total cumulative inflows to $46.04 billion.The six-day run of inflows began on June 9 and has now absorbed over $1.8 billion in capital, according to data from SoSoValue. The run has continued despite escalating geopolitical tensions, including renewed conflict between Iran and Israel.Daily contributions included $386.27 million on June 9, followed by a $431.12 million surge on June 10. Despite a slight dip mid-week, inflows rebounded sharply with $322.60 million on Friday and the most recent $412.2 million…

This year’s edition of Art Basel in Switzerland kicked off Monday with the opening of the fair’s Unlimited section, taking over a 172,000-square-foot hall reserved for monumental installations that would dwarf a traditional booth. Curated by Giovanni Carmine, the director of the Kunst Halle Sankt Gallen, this year’s Unlimited is host to 67 projects supported by 92 galleries, a small decrease from the 76 projects in 2024. Older works have been reactivated for the occasion, including Martin Kippenberger’s METRO-Net Transportabler U-Bahn Eingang [METRO-Net Transportable Subway Entrance] (1997), a manifesto for his vision of a globe-spanning subway network; Mario Merz’s Evidenza…

Bitcoin addresses are fundamental to transacting on the Bitcoin network. They act as public keys to which bitcoins can be sent. Understanding how these addresses are generated provides valuable insight into the security and privacy mechanisms underpinning Bitcoin. Unlike traditional bank accounts with centralized management, Bitcoin addresses are pseudonymous and cryptographically derived. Let’s delve into the process. The Foundation: Elliptic Curve Cryptography (ECC) Bitcoin relies heavily on Elliptic Curve Cryptography, specifically the secp256k1 curve. This curve is chosen for its strong security properties and efficiency. ECC provides the mathematical foundation for generating both public and private keys. You can think…

Key takeaways:XRP’s price has been trading between $2.05 and $2.40 over the last month while consolidating in a bull pennant in the weekly time frame. Several analysts say the current technical setup mirrors the 2017 price action that preceded a massive breakout to all-time highs.XRP price eyes a 530% rally into double-digitsXRP (XRP) price has been consolidating below $3.00 since Feb. 1. Still, analysts argue that it could see a massive recovery from the current level if it follows a breakout like it did in 2017.Crypto analyst Mikybull Crypto said that XRP’s price action in the three-week time frame seems to…

Key takeaways:XRP’s price has been trading between $2.05 and $2.40 over the last month while consolidating in a bull pennant in the weekly time frame. Several analysts say the current technical setup mirrors the 2017 price action that preceded a massive breakout to all-time highs.XRP price eyes a 530% rally into double-digitsXRP (XRP) price has been consolidating below $3.00 since Feb. 1. Still, analysts argue that it could see a massive recovery from the current level if it follows a breakout like it did in 2017.Crypto analyst Mikybull Crypto said that XRP’s price action in the three-week time frame seems to…