Author: Kryptonews
An upcoming Bitcoin software update will increase the data limit on a divisive function that will allow significantly more images, text and documents to be stored on the Bitcoin blockchain, a developer says.The Bitcoin Core 30 update slated for Oct. 30 will remove the 80-byte limit on the controversial OP_RETURN function and allow each output to carry up to 4 megabytes of data, Bitcoin Core developer Gloria Zhao posted to GitHub on Monday.It comes three days after 31 Bitcoin Core devs signed a statement supporting the change, known as merged pull request (MPR) #32406. The Bitcoin devs indicated on May…
The AI-Blockchain Paradox: Decentralization vs. Centralized Control Introduction to the Conflict Artificial intelligence (AI) and blockchain technology are two transformative forces of the 21st century, yet they stand at odds when it comes to governance and control. While blockchain promises decentralized, trustless systems with open-source transparency, AI often operates under centralized models, reliant on proprietary algorithms and controlled datasets. This paradox raises fundamental questions about how these technologies can coexist—or whether they inevitably clash. Blockchain’s Decentralized Foundation At its core, blockchain technology is designed to distribute power across a network, ensuring no single entity holds control. It operates on the…
The Texas Historical Commission (THC), a group that oversees preserved sites in the state, announced that a series of buildings repurposed by minimalist artist Donald Judd and overseen by two artist foundations, has been added to a national register that gives protected status to long-standing cultural sites. The listing makes the artist’s compound in the West Texas town entitled to preservation efforts in the future. The designation, approved by the U.S. National Park Service in May 2025, was part of an application sent in by the Texas commission this fall that aimed to expand a pre-existing military district to include…
Illegal crypto miners operating in Russia could lose their coins and face heavy fines under new rules formulated by the nation’s Ministry of Digital Development, Communications, and Mass Media.Per a report from Forbes Russia, the ministry says its proposal is currently undergoing interdepartmental review.However, if the plans are adopted as-is, Russian law agencies and courts will be given the power to seize crypto from illegal miners.Russia: Miners May Be Fined for Flaunting BansUnder the new proposal, Russian judges will also be able to punish individuals engaging in illegal mining. Courts will be able to hand out fines worth between 100,000…
Open interest in Ethereum has reached an all-time high on Kraken, suggesting coming volatility in either direction. Ethereum (ETH) could soon experience heightened price swings, according to new data from Kraken. Alexia Theodorou, Head of Derivatives at Kraken, said in a June 10 obtained by crypto.news that open interest on Ethereum contracts hit an all-time high, a sign that speculative activity is ramping up. “Open interest in ETH perpetuals on Kraken reached an all-time high of 30,000 ETH earlier this week, signaling a notable uptick in speculative activity around the second-largest cryptocurrency by market cap,” Alexia Theodorou, Kraken. The likely…
Lightning Network, the layer-2 scaling solution built on Bitcoin, has long been touted as the key to unlocking Bitcoin’s potential for everyday transactions. After years of gradual development and adoption, recent metrics suggest that Lightning Network may finally be on the cusp of going mainstream. Is this truly a turning point? Let’s examine the upward trends and analyze what they signify for the future of Bitcoin payments. Network Capacity Hits All-Time Highs One of the most encouraging indicators of Lightning Network’s growth is the consistent rise in network capacity. This capacity refers to the total amount of Bitcoin locked within…
The blockchain landscape is evolving rapidly, and businesses that fail to adapt risk falling behind. In 2025, several key trends will define the adoption and success of blockchain technology across industries. From enhanced interoperability to decentralized finance (DeFi) innovations, here’s what companies need to know and leverage to stay ahead. The Rise of Interoperability and Cross-Chain Solutions One of the biggest hurdles blockchain adoption has faced is the lack of interoperability between different chains. In 2025, businesses will prioritize solutions that enable seamless transactions and data sharing across multiple blockchains. Technologies like layer-2 scaling solutions and cross-chain bridges will become…
Bitcoin remains a dominant force in the cryptocurrency market, but its offshoot, Bitcoin Cash (BCH), often sparks debate regarding its potential undervaluation. Examining market sentiment surrounding BCH reveals a complex interplay of technological merit, adoption rates, and speculative investment. Understanding Bitcoin Cash Created in August 2017 as a hard fork of Bitcoin, Bitcoin Cash aimed to address Bitcoin’s scalability issues by increasing the block size limit. This larger block size theoretically allows for faster and cheaper transactions, positioning BCH as a viable alternative for everyday payments. Proponents argue that BCH stays truer to Satoshi Nakamoto’s original vision of a peer-to-peer…
While various U.S. states are passing bills to form a strategic Bitcoin reserve (SBR), Connecticut passed a new legislation to ban state investment in Bitcoin on June 11, 2025. Connecticut Says No To Bitcoin Connecticut has passed HB 7082, which is a major update to its money transmission laws with strict new rules for crypto businesses and payment apps. 🚨 NEW: Connecticut passes law to ban state investment in bitcoin. HB7082 prohibits the state from accepting, holding, or investing in any virtual currencies. It also imposes several new requirements on money transmitters. pic.twitter.com/lKozljMp1R — Bitcoin Laws (@Bitcoin_Laws) June 10, 2025…
The US Securities and Exchange Commission (SEC) asked would-be Solana exchange-traded fund (ETF) sponsors to file amended S-1 Forms within a week, Blockworks reported on June 10, citing three people familiar with the discussions.The sources said that the SEC has informed the issuers that it intends to respond within 30 days of the filings. Additionally, staff directed applicants to clarify procedures for in-kind redemptions and describe how funds might participate in Solana staking. Two of the sources added that regulators seemed open to allowing limited staking inside the product structure. One participant estimated that if the revised filings are received this…
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