Author: Kryptonews

Circle’s USDC stablecoin (USDC) launched on the XRP Ledger (XRPL) on Thursday, bringing the overcollateralized dollar-pegged token to users of the layer-1 blockchain network.According to an announcement from Ripple, the launch of USDC on the platform will enable investors to use XRP as a bridge currency to transfer their stablecoins between decentralized exchanges (DEXs) through an auto-bridging feature. Markus Infanger, the senior vice president of RippleX added:“Stablecoins are key entry points connecting traditional financial markets with the crypto space — essential for use cases focused on utility rather than speculation.”Support for USDC on the XRPL comes amid a concerted push…

Choosing the right Bitcoin wallet app is crucial for protecting your valuable cryptocurrency assets. The digital wallet acts as your digital vault, storing your private keys and enabling you to send and receive Bitcoin. With the increasing prevalence of cyber threats, selecting a secure wallet is paramount. Here’s what to look for: Prioritizing Robust Security Features Security should be your top concern. A reputable Bitcoin wallet app will employ multiple layers of protection. Look for features such as: Two-Factor Authentication (2FA): This adds an extra layer of security beyond your password, often requiring a code from your phone or email.…

Iris Coleman Jun 12, 2025 05:28 BNB Chain announces a Super Meetup in New York City at Permissionless, offering networking opportunities for Web3 builders, founders, and enthusiasts. The BNB Chain community is gearing up for a significant event as it prepares to host a BNB Super Meetup in New York City. This event, scheduled for June 25, 2025, will take place at the Carreau Club from 5:30 PM to 9:30 PM EDT, according to the BNB Chain blog. Event Highlights and Expectations The BNB Super Meetup aims to bring together builders, founders, and…

Blockchain and the Metaverse: Building the Future of Digital Ownership The metaverse—a collective, immersive, and interactive digital space—promises to revolutionize how we interact with technology and each other. But without secure, decentralized, and transparent ownership of digital assets, this vision falls short. Blockchain technology provides the foundation for trust, interoperability, and true digital ownership within the metaverse, enabling users to own, trade, and monetize virtual goods and experiences freely. The Problem: Centralized Metaverse Risks Today’s digital platforms, even those proposing metaverse-like experiences, rely on centralized systems that control user data and digital assets. This creates significant risks: Lack of Ownership:…

Japan is preparing to urge G7 nations to launch a coordinated response against North Korea’s growing involvement in cryptocurrency theft, with Prime Minister Shigeru Ishiba expected to raise the issue at the upcoming summit in Canada from June 15 to 17. Key Takeaways: Japan will urge G7 nations to coordinate action against North Korean crypto thefts at the June summit. The push follows a $307M hack on DMM Bitcoin, linked to North Korea’s TraderTraitor group. If adopted, it would mark the G7’s first joint response to nation-state threats in the crypto sector. According to Japanese media reports, Ishiba will call…

Key takeaways:President Trump’s One Big Beautiful Bill could add over $2.4 trillion to the US debt, accelerating a looming debt crisis and spiking inflation.Inflation and dollar devaluation remain the path of least resistance in the US economy, eroding the real value of cash and bonds.Bitcoin can offer a hedge, but only if held in self-custody, as custodial platforms may not survive a lengthy phase of financial repression.“Devaluations typically occur fairly abruptly during debt crises.” This quote from Ray Dalio’s book, “The Changing World Order,” hits harder today than when the billionaire hedge fund manager first wrote it in 2021. And…

SharpLink Gaming (SBET), a Nasdaq-listed company that is pursuing an ether treasury strategy, tumbled 70% on Thursday in after-hours trading following a fresh filing to the U.S. Securities and Exchange Commission.The company submitted an S-3ASR registration statement, enabling the resale of up to 58,699,760 shares related to its private investment in public equity (PIPE) financing. The Thursday filing allows more than 100 shareholders in the PIPE round to sell their shares, effectively flooding the market and triggering a post-close sell-off, Charles Allen, CEO of BTCS, a publicly-traded firm that’s pursuing crypto reserve strategy centered on bitcoin , explained in an…

In brief Coinbase’s top analyst said Thursday that the increasing dependence of publicly traded companies on Bitcoin could lead to disaster for the broader crypto market, should BTC’s price decline. Numerous companies that have collectively purchased billions of dollars worth of BTC would likely have to sell off the tokens to pay back investors all at once, triggering a broad, market-wide sell-off. Coinbase said it is “confident about Bitcoin’s upward trajectory even in the face of such risks,” but nonetheless categorized them as “systemic.” Coinbase issued a dire warning Thursday to publicly traded companies going all in on Bitcoin: The…

Bitcoin’s Recent Rally: A Technical Overview Bitcoin has enjoyed a significant price surge in recent weeks, fueled by positive sentiment surrounding potential regulatory approvals and institutional adoption. However, a crucial technical indicator, the Relative Strength Index (RSI), is flashing warning signs, suggesting the rally might be unsustainable and a correction is imminent. Let’s delve into the details. Understanding the Relative Strength Index (RSI) The RSI is a momentum oscillator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. It ranges from 0 to 100. Traditionally, an…

The Shadow of Decentralization Blockchain technology has often been touted as a marvel of transparency and security, with proponents highlighting its potential to revolutionize finance, supply chain management, and beyond. However, beneath the surface of its apparent integrity lies a darker reality—blockchain’s decentralized nature has made it an attractive haven for criminal activities, from illicit transactions to outright scams. The Nature of the Problem One of the core tenets of blockchain is its immutability and pseudonymity, meaning transactions are permanent and often difficult to trace back to real-world identities. While this provides legitimate users with privacy, it also creates an…