Author: Kryptonews

The latest CoinShares report reveals that crypto inflows soared to $224 million last week. Meanwhile, Ethereum (ETH) continues solidifying its position as a frontrunner in institutional sentiment. The second-largest crypto by market cap continues to record positive returns, with fortunes turning since the Pectra Upgrade hit the mainnet on May 7. Ethereum Records Strongest Inflow Streak Since US Elections CoinShares’ latest report indicates that Ethereum posted $296.4 million in inflows last week, marking its strongest run since the November US elections. The inflows helped push total weekly crypto inflows to $224 million, extending the ongoing seven-week streak to $11 billion…

Lawrence Jengar Jun 09, 2025 18:06 Riot Platforms Inc. has decreased its ownership in Bitfarms Ltd. to 14.3% after selling 1,748,200 shares on the open market, as reported by Riot Platforms. Riot Platforms Adjusts Its Investment in Bitfarms Riot Platforms Inc., a prominent player in the Bitcoin mining industry, has announced a reduction in its stake in Bitfarms Ltd., a fellow cryptocurrency mining company. According to Riot Platforms, the decision follows the sale of 1,748,200 common shares of Bitfarms, representing approximately 0.31% of the company’s issued and outstanding shares. The sale was conducted…

Amazon is planning to pour $20 billion into the US state of Pennsylvania to build two new data centers to expand its AI infrastructure. The location for the data centers is still up in the air, with Salem Township and Falls Township as the frontrunners, but other Pennsylvania communities are under consideration, according to a June 9 statement from Amazon.The AI arms race between companies has been heating up this year, with Meta reportedly in talks back in February to build a data center campus for AI projects and OpenAI announcing in January it was investing $500 billion for new AI…

On Monday evening, the Smithsonian Institution released its first statement since President Donald Trump said he fired National Portrait Gallery director Kim Sajet. In its statement, the institution affirmed that it is an “independent entity.” While the statement did not name Sajet nor call out Trump directly, it stated, “All personnel decisions are made by and subject to the direction of the Secretary, with oversight by the Board. Lonnie G. Bunch, the Secretary, has the support of the Board of Regents in his authority and management of the Smithsonian.” Related Articles The New York Times reported that the statement was released hours…

The IoT-Blockchain Convergence: What to Expect in 2024 and Beyond Introduction: A New Era of Trust and Efficiency The Internet of Things (IoT) and blockchain technology are rapidly converging, promising unprecedented levels of security, efficiency, and automation across industries. In coming years, particularly in 2024 and beyond, we can expect significant advancements as these technologies mature and integrate more seamlessly. From smart supply chains to decentralized IoT networks, the future looks promising. Why Blockchain Matters for IoT IoT systems generate vast amounts of data, but issues like cybersecurity, data integrity, and scalability remain major concerns. Blockchain—the backbone of cryptocurrencies like…

In brief Waymo self-driving cars were vandalized and set ablaze during a protest against ICE raids in downtown Los Angeles. Waymo temporarily pulled its fleet from the area and is cooperating with authorities. Several Waymo autonomous taxis were vandalized and set on fire Sunday during a protest against the U.S. Immigration and Customs Enforcement raids in Los Angeles and the Trump administration’s deployment of National Guard into the region.What the vehicles were doing there—who sent them, and why—is thus far unknown. Viral videos posted to social media show demonstrators climbing atop the self-driving taxis, smashing windows, and spray-painting the sides…

In Sub-Saharan Africa, only 3% of 48 million smallholder farmers are insured. Owning 1 acre of land and earning approximately $1.40 per person per day characterize a smallholder farmer. Smallholder farmers often own a mixture of cash crops and subsistence or non-commercial farming; and, they lack the financial and technological resources of large-scale industrial farms. As extreme weather events become ever more frequent due to climate change, one flood or drought can push such farmers into the spiraling cycle of poverty without protection by means of crop insurance. The following is an update from Ethereum Foundation Fellow Benson Njuguna. Benson…

The Tightrope Walk Between Privacy and Security In today’s digital landscape, data—whether personal, corporate, or governmental—faces persistent threats from cyberattacks, unauthorized access, and misuse. The tension between protecting security and preserving privacy has become a defining challenge of the 21st century. Emerging technologies like Artificial Intelligence (AI) and blockchain offer unique solutions to this dilemma, but their implementation requires careful consideration to avoid exacerbating risks. How Security and Privacy Collide Security and privacy are often treated as opposing forces. Security measures, particularly those employing AI, frequently involve data collection and analysis to detect threats—actions that can conflict with privacy principles.…

Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.Bitcoin is trading below $110,000, changing hands at $109.7K, as Asia continues its trading week.The move challenges a prevailing market narrative of summer stagnation, coming on the heels of a note from QCP Capital that emphasized suppressed volatility and a lack of immediate catalysts.A recent Telegram note from QCP pointed to one-year lows in implied volatility and a…

IntroductionBitcoin has once again defied expectations, breaking through the staggering $107,000 price barrier and setting a new all-time high. This significant milestone has galvanized both retail speculators and institutional investors, who are now flocking back into the cryptocurrency market with renewed vigor. The timing of this bullish momentum is noteworthy—it comes amidst a backdrop of growing political upheaval. Former President Donald Trump’s controversial move to deploy the National Guard to Los Angeles, following a surge in civil demonstrations, underscores the rising instability across traditional global systems. While many traditional markets have responded with volatility and uncertainty, crypto veterans see a…