Author: Kryptonews

Tornado Cash developers Roman Storm and Alexey Pertsev received renewed support from the crypto community on their respective trials for deploying the open-source code behind the mixer.The Ethereum Foundation on June 12 donated $500,000 to Tornado Cash developer Roman Storm’s legal defense. It said it will match another $750,000 from public contributors as the US money laundering case approaches trial. Storm acknowledged the pledge minutes later on X, describing it as critical to “standing up for privacy and the right to code.” The new commitment follows a $1.25 million grant from venture firm Paradigm earlier this year and brings total community-raised…

Starting to hear a lot about Bitcoin and feeling like you’re missing out? You’re not alone. The world of cryptocurrency, particularly Bitcoin, can seem daunting to newcomers. But fear not! This guide will break down the essentials, providing a clear roadmap for anyone considering their first foray into the world of Bitcoin investment. What Exactly is Bitcoin? Simply put, Bitcoin is a decentralized digital currency. "Decentralized" means it isn’t controlled by a single entity, like a bank or government. Instead, it operates on a technology called blockchain, a distributed and public ledger that records every transaction. Think of it as…

Understanding Your Target Audience In marketing, few concepts are as crucial as identifying your target audience. This group represents the individuals most likely to be interested in your product or service, and understanding who they are is essential for effective marketing strategies. A well-defined target audience helps businesses tailor their messaging, product development, and distribution channels to maximize impact and efficiency. Key Characteristics of a Target Audience A target audience is more than just demographics; it encompasses a combination of factors that shape consumer behavior. These include: Demographics: Age, gender, income, education, marital status, and location. Psychographics: Interests, lifestyle, values,…

As blockchain adoption expands, developers and investors are aligning around platforms that provide real technical value. With more focus on smart contract compatibility, staking incentives, and robust privacy or AI infrastructure, the demand for utility-first networks is growing. This list explores the leading crypto to buy right now, starting with BlockDAG’s recent smart contract milestone, followed by other noteworthy networks offering distinct use cases.BlockDAG: EVM-Compatible Smart Contract Deployment Now LiveBlockDAG has positioned itself as the standout crypto to buy for developers seeking scalable architecture with Ethereum compatibility. As of its latest testnet update, the network now fully supports Ethereum Virtual…

Key takeaways:Rising spot ETH ETF inflows and BlackRock’s accumulation signal strong institutional investor interest, supporting a bullish outlook.A dip to $2,100 could be a strategic entry point, bolstered by tokenized AUM surpassing $5 billion and a potential Q4 breakout driven by year-end strategies.Ether (ETH) price witnessed a volatile period this week as the altcoin reached a 15-week high of $2,879 on Wednesday and dipped to $2,433 on Friday, a 15% crash. While ETH is consolidating just under $2,600, a higher-time frame pattern could extend its woes over the coming weeks. Ether 1-week chart. Source: Cointelegraph/TradingViewAs observed in the 1-week time frame, ETH has…

The Ethereum Foundation has pledged $500,000 to support the legal defense of Tornado Cash co-founder Roman Storm, who faces federal charges in the United States. In addition to the direct donation, the foundation said it will match up to $750,000 in community contributions.Ethereum Foundation Steps in to Support Roman Storm as Tornado Cash Trial LoomsStorm is set to stand trial on July 14, 2025, in Manhattan federal court. He is charged with conspiracy to operate an unlicensed money transmitter, conspiracy to launder money, and conspiracy to violate U.S. sanctions.The Ethereum Foundation described its donation as a stand for privacy and…

It’s always fun to hear about new grants as they’re awarded, but what happens after the announcement? In this series, we’ll check in on a couple of projects that are well underway – or already at the finish line. Read on to learn about some recent milestones and achievements by grantees! InterRep For a user switching to a new social media platform, one of the biggest points of friction is rebuilding their reputation. InterRep aims to reduce this friction by allowing a user to link a social media account with an Ethereum address, which can be used to confirm their…

In August 2016, the cryptocurrency world was rocked by a large-scale security breach at Bitfinex, a prominent Bitcoin exchange. Hackers managed to steal approximately 120,000 Bitcoin, which at the time was valued at around $72 million. This incident sent shockwaves through the market, significantly impacting Bitcoin’s price and raising serious concerns about the security of cryptocurrency exchanges.## Immediate Price Drop After the HackThe news of the Bitfinex hack spread rapidly, triggering an immediate and substantial drop in Bitcoin’s price. The value plummeted by roughly 20% in the hours following the announcement. Traders and investors, understandably shaken by the breach and…

Free-to-play web3 football game FIFA Rivals is now live on iOS and Android devices, allowing users to collect and exchange items such as player gear and other virtual assets.According to Mythical Games, the response so far has been international in scope, with interest not only from major brands but also from national football bodies and telecom firms. The team believes the title could reach a player base far greater than NFL Rivals, due to football’s broader global footprint and the accessibility of mobile gaming.Whilst FIFA Rivals is built on the Mythos Chain, FIFA itself is migrating its collectibles platform to…

Blockchain security relies heavily on consensus mechanisms—the processes that ensure distributed networks agree on the state of their shared ledger. These mechanisms prevent fraud, resolve conflicts, and maintain trust without centralized authority. Here’s an in-depth look at how they work and why they matter. What Are Consensus Mechanisms? Consensus mechanisms are algorithms used to validate transactions and block creation in blockchain networks. They achieve consensus by making it extremely difficult for malicious actors to manipulate the ledger without spending excessive resources. The choice of consensus mechanism significantly impacts a blockchain’s scalability, security, and decentralization. Why Are Consensus Mechanisms Important? Without…