Author: Kryptonews
Introduction Blockchain technology has been hailed as everything from a revolutionary force for transparency to a bubble waiting to burst. The hype around cryptocurrencies, NFTs, and decentralized finance (DeFi) has overshadowed the core principles and limitations of blockchain itself. This article cuts through the noise, separating speculative frenzy from practical applications while examining the real-world challenges and compromises that lie beneath the surface. What is Blockchain? At its core, blockchain is a distributed ledger technology that records transactions across many computers in a transparent and theoretically immutable manner. Unlike traditional databases that rely on central authorities, blockchain’s peer-to-peer structure allows…
Khushi V Rangdhol Jun 12, 2025 17:38 RBI is tightening crypto access via banks, CBDC expansion, and compliance, not banning it. Incremental measures aim to contain, not prohibit, crypto use. India isn’t gearing up for an overnight ban on crypto. Instead, the Reserve Bank of India (RBI) is quietly tightening three levers—bank access, central-bank-digital-currency (CBDC) adoption and compliance overhead—while repeating that private tokens can “hamper financial stability and monetary-policy transmission.” What the RBI just said At the June 2025 Monetary Policy Committee press conference, Governor Sanjay Malhotra told reporters that the central…
Bitcoin has tumbled closer to the psychologically important $100,000 price level, dashing traders’ hopes of a new all-time high after Israel launched a series of airstrikes on Iran.Explosions reportedly rocked Iran’s capital of Tehran at 22:50 UTC on Thursday before Israel claimed responsibility for the attacks, which saw Bitcoin (BTC) drop 2.8% from $106,042 to $103,053 within 90 minutes before slightly recovering to $104,370 at the time of publication, according to CoinMarketCap.Bitcoin downtrend caught optimistic traders off guardThe drop caught traders offside, with approximately $427.84 million in long positions liquidated over the past 24 hours, according to CoinGlass data. Just…
Bitcoin ATM operators are finding themselves under an increasingly intense regulatory microscope as governments and financial watchdogs worldwide grapple with the evolving landscape of cryptocurrency. What was once considered a relatively unregulated niche is now attracting significant attention, driven by concerns about money laundering, illicit financing, and consumer protection.## The Rise of Regulatory ConcernsThe anonymity provided by Bitcoin, combined with the ease of access offered by ATMs, has made these machines potentially attractive tools for those seeking to evade traditional financial controls. Regulators are worried that the lack of robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures at…
Introduction to Blockchain and Energy The energy sector is undergoing a transformative shift, driven by the need for greater sustainability, efficiency, and transparency. Blockchain technology, long associated with cryptocurrency, is now playing a crucial role in revolutionizing energy markets by enabling secure, decentralized, and transparent peer-to-peer (P2P) transactions. From renewable energy trading to smart grid optimization, blockchain is accelerating the transition toward a cleaner, more resilient energy future. How Blockchain Enhances Energy Trading One of the most significant applications of blockchain in the energy sector is in peer-to-peer (P2P) energy trading. Traditionally, energy markets are centralized, with consumers relying on…
Major darknet marketplace Huione is reportedly still operating and growing, despite the shutdown of its website and Telegram channels. Haowang Guarantee, formerly Huione Guarantee, said on May 13 that it was shutting down after the Telegram messaging service banned thousands of its associated accounts and channels.However, Chainalysis said in a report on Thursday that the activity linked to the illicit marketplace since the so-called “shutdown” hasn’t declined.“Our data shows that the platform continues to process billions of dollars worth of transactions, pointing to a highly resilient system that operates largely independent of its public-facing infrastructure,” the firm said. Haowang Guarantee said it…
The world’s largest crypto exchange platform by trading volume is abruptly adding support for one decentralized finance (DeFi) application (DApp), causing its native token to skyrocket. In a new announcement, Binance says it is adding support for DeFi App (HOME), a DApp that aims to simplify decentralized trading as well as make it more accessible. After the addition, HOME skyrocketed, going from a low of $0.0201 on June 10th to a peak of $0.038 just two days later. The token has since retraced and is trading for $0.033 at time of writing, a gain of 10.3% during the last 24…
In brief Thai police arrested Chinese national Tianwei at Don Mueang Airport on June 12 for allegedly stealing $6.15 million in Bitcoin. The arrest followed an April complaint and a May 16 warrant after Tianwei vanished from a business deal in Chiang Rai. It’s the latest in a series of Asian crypto fraud busts, including major cases in Vietnam and India. Thai immigration police arrested a Chinese fugitive at Don Mueang Airport Thursday morning as he attempted to flee to Singapore, ending a manhunt connected to millions in stolen Bitcoin.The man, Tianwei, was arrested at 6 a.m. local time (7…
The alleged operators of My Big Coin have been ordered to pay around $25.8 million in fines to the Commodity Futures Trading Commission for their roles in the crypto scheme.The CFTC said on Wednesday that a Massachusetts federal court judge entered a default judgment ordering My Big Coin Pay, Inc., My Big Coin, Inc., and its executives, Mark Gillespie and John Roche, to pay $19.32 million in civil monetary penalties and $6.44 million to investors they allegedly defrauded.Gillespie, Roche and the companies were also barred from participating in markets or conducting any other market-related activities that fall under the jurisdiction…
The global landscape is vast and diverse, with each nation and region boasting unique characteristics that shape its economy, culture, and overall development. Understanding these specific nuances is crucial for businesses, policymakers, and anyone seeking a deeper understanding of the world. A "Specific Country/Region Focus" allows for a targeted exploration of these intricacies, leading to more informed decisions and impactful strategies. Instead of broad generalizations, we delve into the particularities that define a nation or region, uncovering opportunities and challenges often missed in a wider perspective. The Importance of Deep Dive Analysis Superficial knowledge is rarely sufficient when it comes…
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