Author: Kryptonews

A prominent Bitcoin exchange, CryptoNova, has announced a security breach that has compromised user data. The company is urging all users to immediately change their passwords and enable two-factor authentication. While the extent of the damage is still being investigated, the initial assessment indicates that a significant number of user accounts may have been affected.## Details of the HackCryptoNova discovered the breach during routine security monitoring. While the specific method used by the hackers is still under investigation, the company believes that it involved a sophisticated phishing campaign targeting employees. Once inside the system, the hackers reportedly gained access to…

Key takeawaysStaking Solana allows you to earn passive income through staking rewards while participating in network governance.There is no minimum requirement for staking Solana, but the practical minimum is around 0.01 SOL.All you need to start staking Solana is a SOL-compatible wallet.Staking is considered one of the safer ways to participate in crypto ecosystems.Solana is a blockchain network known for its fast transaction speeds and extensive ecosystem of decentralized applications (DApps). It also combines the proof-of-stake (PoS) and proof-of-history (PoH) consensus mechanisms, allowing you to stake its native currency, SOL (SOL), to earn rewards. This Solana staking guide walks you through…

Key Takeaways The SEC has asked Solana ETF issuers to update their filings, potentially signaling approval. Bloomberg Intelligence increased Solana ETF approval probability to 90%, with decisions expected by October. Share this article The US SEC has requested prospective Solana ETF issuers to submit their amended S-1 form within the next week as the regulator advances its review process, Blockworks reported Tuesday, citing three sources familiar with the matter.One source suggested the filing changes could fast-track Solana ETF approval, potentially arriving within three to five weeks.The SEC will provide comments on the S-1 forms within 30 days of submission, two…

Bitcoin holders leverage crypto-backed loans to buy real estate without selling a single sat while sidestepping capital gains taxes.The emerging trend is gaining momentum among early crypto adopters, entrepreneurs, and high-net-worth individuals who are “Bitcoin wealthy” but often don’t meet the traditional criteria for real estate financing, Mauricio Di Bartolomeo, co-founder of Ledn, told Cointelegraph.Bitcoin-backed lending models allow borrowers to leverage their crypto without divesting. Since taking a loan doesn’t typically count as a taxable event, clients can access liquidity while retaining upside exposure.“Borrowing using your Bitcoin as collateral doesn’t typically trigger capital gains taxes in most jurisdictions because borrowing…

Analyst and trader Michaël van de Poppe is offering his outlook on Bitcoin (BTC) and two other crypto assets amid a market recovery. Van de Poppe tells his 791,900 followers on the social media platform X that Bitcoin is in the first phase of consolidation after breaking out from the $106,500 price level. According to the widely followed analyst, the first consolidation phase is likely to last a couple of days. “Then, we’re going to have the next breakout above the all-time high. Ideal zone to buy? I would estimate around $107,000 – $108,000. Buy the dip season.” Source: Michaël…

Vietnam’s National Assembly has passed the Law on the Digital Technology Industry, a comprehensive legal framework that will formally bring digital assets under strict regulatory control.  Passed on June 14 and set to come into force on January 1, 2026, the law is considered a landmark in promoting digital innovation in the nation. Vietnam enacts standalone digital tech law Local publications reported that under the new law, digital assets will be classified into two large groups: virtual assets and crypto assets. Both use encryption and digital technology to authenticate and transfer. However, they also specifically remove securities, digital fiat, and other financial…

Shiba inu’s (SHIB) supply-side dynamics are screaming bullish, yet the second-largest joke cryptocurrency by market value trades under pressure.Early this week, SHIB’s burn rate surged to over 112,000%, with more than 116 million coins transferred to wallets that cannot spend money. In other words, these coins were permanently taken out of circulation. The daily burn rate refers to the number of SHIB tokens permanently destroyed or removed from circulation each day. Token burns are designed to decrease the supply of the cryptocurrency over time, bringing a deflationary appeal to the digital asset.”Over 527 trillion SHIB tokens are approaching profitability, while…

Key takeawaysFake crypto investment platforms give themselves away in a few obvious ways.Many use fake reviews, incorrect contact information and unrealistic promises to lure you in.The best approach is a healthy dose of skepticism. Watching for these red flags will keep you safe while investing.The burgeoning cryptocurrency market, with its lack of centralized authority and a constant flow of inexperienced users, makes digital assets a prime target for scammers. Fake crypto investment platforms are a common scam method, masquerading as useful services for crypto traders.Before signing up for any crypto investment platform, it’s essential to learn the telltale signs of…

Bitcoin’s blockchain is experiencing an unprecedented surge in transaction volume, coinciding with the cryptocurrency’s recent price rally and growing institutional adoption. Data indicates a significant uptick in on-chain activity, reflecting increased interest and usage of the network for various purposes.## Riding the Wave: Understanding the Transaction SurgeMultiple factors appear to be contributing to this heightened activity. Firstly, the rising price of Bitcoin naturally attracts new investors and encourages existing holders to move their funds, either for trading or long-term storage. Secondly, the development of innovative applications built on the Bitcoin blockchain, like Ordinals and BRC-20 tokens, has led to increased…

Bitcoin dominance is rising after one of the sharpest shakeouts in recent memory, triggered by over $1 billion in leveraged liquidations across the crypto market. BTC is now stabilizing around $104,957, down just 0.17% in the last 24 hours, as traders reassess their risk appetite.According to data from Coinglass, more than 247,000 traders were liquidated in a 24-hour window. The most notable wipeout was a $200 million BTC long on Binance the largest single liquidation event of the year. Most of the damage occurred on Binance and Bybit, which together accounted for $834 million in liquidated positions. UPDATE: Over $1…