Author: Kryptonews

Ripple Labs has pledged an additional $5 million to advance blockchain research and education across the Asia-Pacific region.The funding will be distributed through its long-running University Blockchain Research Initiative (UBRI), which supports academic institutions working on blockchain technology.The additional funds will support universities in six countries, with new grants earmarked for Taiwan and Australia. Ripple also renewed its partnerships in South Korea, Japan, and Singapore. Ripple Deepens APAC Roots with New Blockchain Grants for Taiwan, Australia, and MoreAccording to a blog post on Tuesday, the company described this expansion as part of a long-term strategy to nurture blockchain talent and…

A federal judge will not stop the Trump administration from continuing to slash the Institute of Museum and Library Services (IMLS) as determined in a Friday ruling, according to the American Library Association (ALA). The temporary restraining order was originally issued just days ahead of a mass layoff of nearly all IMLS employees that was expected to take place on May 4. The agency, which is responsible for distributing federal dollars to American museums and libraries, was gutted by the Department of Government Efficiency (DOGE) in April, its entire 75-person staff placed on leave by acting director Keith Sonderling. Related Articles Last week,…

As streaming platforms dominate music distribution, artists have increasingly found themselves sidelined and earning fractions of pennies per play, all while relying on centralized platforms to reach fans. However, in a corner of the digital world, a new wave of creators, developers and platforms are exploring how Web3 tools can offer an alternative. Decentralized music platforms Decentralized, Web3-native music platforms have emerged in recent years to offer artists more control over their content, more direct access to their audiences and better monetization models. Many of these music-related use cases are not just theoretical and are already in the community at work. Instead of uploading songs…

Blockchain technology has emerged as a revolutionary force in digital innovation, promising a future where transactions and data management become more secure, transparent, and decentralized. Originally developed as the backbone of cryptocurrencies such as Bitcoin, blockchain has expanded far beyond digital currency, offering potential solutions across sectors like finance, healthcare, supply chain management, and governance. What is Blockchain? At its core, blockchain is a distributed ledger technology (DLT) that records transactions across a network of computers rather securely and efficiently. Unlike traditional databases controlled by a central authority, blockchain operates in a decentralized manner, meaning no single entity can manipulate…

In brief Layer-1 blockchain Nibiru has launched a new rewards program, Block Party. Users can earn Aura by engaging in DeFi activities like trading, lending, and liquidity provision across Nibiru’s ecosystem. Nibiru is a high-throughput Multi VM blockchain designed for speed and accessibility. Layer 1 blockchain and smart contract ecosystem Nibiru has launched Block Party, a points program designed to reward real user participation across its DeFi ecosystem.Participants can earn Aura by interacting with applications on Nibiru EVM through trading, liquidity, lending, or quests.Among the dozens of apps participating in the reward program’s initial rollout are trading platform Oku, lending…

Bitcoin, the pioneering cryptocurrency, has consistently evolved since its inception over a decade ago. While its core principles remain the same – decentralization, security, and transparency – the underlying technology has seen remarkable advancements, promising to reshape the future of finance. Developers globally are tirelessly working to improve Bitcoin’s scalability, privacy, and usability, paving the way for broader adoption and integration into mainstream financial systems.## Enhancing Scalability: Lightning Network and BeyondOne of the primary challenges Bitcoin has faced is its limited transaction throughput. The original design allowed for only a handful of transactions per second, leading to congestion and high…

Key points:Ethereum price is up 7% on June 10 to trade above $2,680.ETH’s record open interest, rising funding rates and consistent ETF inflows fuel the rally.Ether’s bullish cup-and-handle pattern targets $4,100.Ether’s (ETH) price was trading at $2,679 on June 10, up more than 7% in the last 24 hours. Its daily trading volume has jumped 114% to $26.5 billion, reinforcing the intensity of the demand-side activity.ETH/USD daily chart. Source: Cointelegraph/TradingViewLet’s look at the factors driving the ETH price up today.Ethereum ETPs maintain their inflow streakGlobal Ethereum-based investment products continued their positive streak last week, with net inflows of $295.4 million,…

Navigating the world of cryptocurrency storage can feel like venturing into a dense jungle. With Bitcoin’s rising popularity, safeguarding your digital assets becomes paramount. The cornerstone of security lies in understanding the difference between hot and cold wallets. This article will delve into these two distinct types of wallets, helping you determine which best suits your needs and risk tolerance. Understanding Hot Wallets Hot wallets, as the name suggests, are connected to the internet. This constant connectivity makes them incredibly convenient for frequent transactions. Think of a hot wallet like a checking account – easily accessible for everyday spending. However,…

Introduction to Blockchain: The Foundation of a Decentralized Future In an era where digital innovation dominates nearly every aspect of life, blockchain technology stands out as a transformative force. Beyond being the backbone of cryptocurrencies like Bitcoin, blockchain offers a secure, transparent, and decentralized way to conduct transactions and store data. Its potential extends far beyond finance—into supply chain management, healthcare, voting systems, and even digital identity verification. For businesses and individuals alike, understanding blockchain is no longer optional—it’s essential for staying ahead in a rapidly evolving digital landscape. What Exactly Is Blockchain? At its core, blockchain is a distributed…

Long-time Ethereum advocate William Mougayar is to be the curator and editor of the Ethereum Market Research Center (EMRC), a community-led initiative aimed at raising the profile of the blockchain’s ecosystem among institutional and professional audiences.EMRC will feature contributions from prominent builders, researchers and analysts across the Ethereum landscape. It will include original research authored by EMRC contributors, curated material by external sources, thought-leadership pieces and a real-time news feed.Ethereum comprises a large and innovative ecosystem that plays host to the major stablecoin market share, the proliferation of real-world assets (RWAs) and most of the total value locked in decentralized…