Author: Kryptonews

SharpLink Gaming (SBET), the public firm pivoting to a crypto treasury strategy focused on Ethereum, revealed on Friday it acquired 176,271 ether for nearly $463 million.The purchase makes the firm the largest ETH holder among publicly traded companies, SharpLink said in a press release.The company tapped its $1 billion at-the-market (ATM) common stock share facility for $79 million to help fund the ETH acquisition.The ETH purchase announcement came on the heels of a Thursday regulatory filing that potentially enabled investors in the firm’s private placement round to sell shares, sending stock prices down 70% after market hours. Some speculated that…

In brief Internet capital markets involve companies raising money or promoting their business using digital-native financial instruments. These instruments often exhibit characteristics common to meme coins, which have no utility and are purely speculative assets tied to hype around a project. While advocates argue that internet capital markets are an innovative way of raising funds or generating interest in a project, lawyers caution that they currently operate in a legal grey area. Startups and established companies are launching meme coins—and crypto degens are sending their valuations skyrocketing—in a trend known as “internet capital markets.”In traditional capital markets, entities can raise…

With the arrival of the beacon chain in 2020, Ethereum today supports two types of clients: those focusing on the execution-layer (often referred to as eth1) and those powering the proof-of-stake consensus layer (aka eth2). As those running validators are well aware (since they run both client types), each serves a specific purpose, and powers a different part of one Ethereum. Recognizing the importance that both client sets represent to the long term health and network diversity of Ethereum, our work to support the full landscape of clients is fundamental to our work in the ecosystem. Layer-specific client support updates…

Taproot’s Impact on Bitcoin: A Deeper Dive Taproot, activated on November 14, 2021, represented a significant upgrade to the Bitcoin protocol, primarily focused on enhancing transaction privacy and efficiency. This improvement addressed some long-standing limitations inherent in Bitcoin’s scripting language and opened the door to more complex and flexible smart contracts. H2 Streamlining Complex Transactions Prior to Taproot, Bitcoin transactions involving multiple conditions, like those used in smart contracts or multi-signature setups, would reveal the details of all possible spending conditions on the blockchain. This made it easy to identify these transactions, potentially compromising the privacy of the participants. Taproot…

Taiwan has intensified its technology export controls by blacklisting two of China’s foremost semiconductor companies, Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC), amid escalating tensions in the global tech sector. The updated Strategic High-Tech Commodities Entity List, released by Taiwan’s Ministry of Economic Affairs, now includes both firms along with several of their subsidiaries, requiring Taiwanese companies to obtain government approval before exporting any products to them. Neither Huawei nor SMIC issued an immediate response to their inclusion.This move effectively cuts off Huawei and SMIC from accessing advanced semiconductor technologies produced in Taiwan, undermining their efforts to compete with major…

Opinion by: Arthur Azizov, Founder and Investor at B2 VenturesDespite its decentralized nature and big promises, cryptocurrency is still a currency. Like all currencies, it cannot escape the realities of today’s market dynamics.As the crypto market develops, it starts mirroring the life cycle of traditional financial tools. The illusion of liquidity is one of the most pressing and, surprisingly, less addressed issues that stem from the market’s evolution.The global cryptocurrency market was valued at $2.49 trillion in 2024 and is expected to more than double to $5.73 trillion by 2033, growing at a compound annual growth rate of 9.7% over…

Bitcoin continues to captivate investors and financial analysts alike, sparking fervent debates about its future price. Predicting Bitcoin’s value is notoriously difficult, given its volatility and susceptibility to a confluence of factors. We’ve gathered insights from various experts to offer a spectrum of perspectives on where Bitcoin’s price, measured in USD, might be headed. Current Market Sentiment and Recent Performance Before looking ahead, it’s crucial to understand where Bitcoin currently stands. Recent months have shown a mix of bullish and bearish trends. Macroeconomic conditions, including inflation rates and interest rate hikes, play a significant role. Expert analysis often focuses on…

“Hey bitcoin, Do Something!” The viral meme — starring a stick figure poking the ground and depicting a need for reaction — might just sum up the current scene at digital assets trading desks during the slow, early summer days. Sure, bitcoin just hit new fresh highs and is still trading above $100,000, but the P&L is diminishing daily for short-term volatility chasers. “Bitcoin’s volatility has continued to trend lower, both in realized and implied measures, even as the asset reaches new all-time highs. This decline in volatility is particularly notable amid historically high price levels,” said NYDIG Research in…

Binance, the world’s leading cryptocurrency exchange, has announced the listing of Skate (SKATE) on its Alpha platform.  Alongside this, Binance Futures will launch the SKATEUSDT perpetual contract, offering traders up to 50x leverage. This announcement triggered a double-digit rise in the price of altcoin during pre-market trading. Binance Alpha Announces SKATE Listing SKATE is the native utility and governance token that powers Skate’s multi-VM infrastructure. The total supply is capped at 1 billion tokens, with 10% allocated for the initial airdrop. This distribution will reward early participants who contributed to the platform’s adoption. According to Binance’s official announcement, SKATE trading…

tl;dr Altair pre-release is out Over the past week, beacon chain Altair pre-release specs — Stargazer v1.1.0-alpha.1 and Half of ’em just look like dots v1.1.0-alpha.2 — were released. These represent the first feature complete releases of the upcoming Altair upgrade to the beacon chain, and give engineering teams something concrete to dig into. Altair is an upgrade to the beacon chain that brings light client support, minor patches to incentives, per-validator inactivity leak accounting, an increase in slashing severity, and cleanups to validator rewards accounting for simplified state management. In addition to these various features, Altair also represents a…