Author: Kryptonews
As Bitcoin surged to a new all-time high in May, sparking momentum across cryptocurrencies, the decentralized app industry also saw a revival. In fact, DappRadar’s latest findings identify May 2025 as a turning point for the dapp sector. During the same period, the NFT market also saw signs of life. Turning Point for the Dapp Ecosystem In May, the dapp industry exhibited renewed optimism as the daily Unique Active Wallets (dUAW) rose 8% to 25 million, amid broader positive market trends. Notable growth was seen in three key sectors: AI dapps surged 23% to 4.8 million dUAW, social dapps grew…
Ropsten will be the first longstanding testnet to run through The MergeA new Ropsten Beacon Chain was launched on May 30, 2022 to provide consensus to the networkThe Ropsten Beacon Chain will upgrade to merge-compatible protocol rules (Bellatrix) at slot 24000, expected on June 2, 2022After this, a Terminal Total Difficulty (TTD) will be chosen to activate The Merge on the proof-of-work chain. Node Operators will need to manually set this value on their clients.June 3 update: the exact Terminal Total Difficulty for the Ropsten Merge is 50000000000000000. A subsequent announcement explains how node operators and stakers can ensure their…
A Strategic Leap for Prediction MarketsIn a bold move to integrate decentralized prediction markets with mainstream social media, X has announced a strategic partnership with Polymarket, naming it the platform’s official prediction market partner. The collaboration signals a significant leap in the fusion of blockchain-based forecasting tools and online discourse, potentially reshaping how users interact with real-world events in real time.Polymarket, built on a decentralized protocol, enables users to speculate on the outcomes of events ranging from political elections to sports, tech launches, and global affairs using crypto assets. The platform has gained prominence for its accuracy and real-time sentiment…
Blockchain Beyond Bitcoin Blockchain technology has long been associated with cryptocurrencies like Bitcoin and Ethereum. But the applications of decentralized, immutable ledger systems far exceed digital currencies. A growing wave of startups is proving blockchain can revolutionize industries from supply chain and healthcare to voting and real estate. Blockchain for Supply Chain Transparency The global supply chain is notoriously opaque. Counterfeit goods, unethical sourcing, and delays plague businesses and consumers alike. That’s where blockchain comes in. By creating a tamper-proof record, companies can track products from origin to delivery. Case Study: Tracr Tracr, developed by De Beers, tracks diamonds from…
Is Bitcoin the New Gold? Crypto Challenging Traditional Safe HavenThe allure of gold as a safe haven asset during times of economic uncertainty has resonated for centuries. Its scarcity, tangibility, and historical performance have cemented its position as a store of value and a hedge against inflation. However, the rise of Bitcoin and other cryptocurrencies has introduced a new contender to the throne, sparking a heated debate: Is Bitcoin the new gold?## The Case for Bitcoin as a Safe HavenBitcoin proponents argue that its decentralized nature, limited supply (capped at 21 million coins), and global accessibility make it a superior…
Key Takeaways X has partnered with Polymarket as its official prediction market partner. In May, xAI was said to have joined forces with Kalshi to provide predictive insights powered by AI for those betting on real-world events. Share this article X, Elon Musk’s social media platform, is teaming up with prominent prediction marketplace Polymarket, the team announced on X on June 6. Specifics of the collaboration have not been made public. we’re joining forces with Polymarket as our official prediction market partner@X 🤝 @Polymarket — X (@X) June 6, 2025Commenting on X’s announcement, Polymarket called the move a major step…
Strategy, the world’s largest corporate Bitcoin holder, plans to raise nearly $1 billion through a stock offering to fund additional Bitcoin purchases.The company, led by executive chairman Michael Saylor, plans to issue 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock at a public offering price of $85 per share.Strategy estimates raising about $979.7 million from the net proceeds after deducting the underwriting discounts and commissions for the firm’s offering expenses, according to a June 6 announcement.The company plans to use the almost $1 billion for “general corporate purposes, including the acquisition of Bitcoin and for working capital.”Strategy announces…
Economic Volatility and Global Recession Risks The current global economic landscape is fraught with uncertainty. Inflation remains stubbornly high in many developed nations, forcing central banks to aggressively pursue interest rate hikes. While these measures aim to curb price increases, they simultaneously increase the risk of triggering a recession. Emerging markets are also grappling with high debt burdens, currency fluctuations, and the potential for capital flight, further exacerbating global economic instability. Geopolitical tensions, including the war in Ukraine and its impact on energy markets, contribute heavily to this volatility and worsen potential downturns. Geopolitical Instability and Conflict The world is…
Introduction to the Future of Blockchain Blockchain technology has evolved beyond its cryptocurrency roots, transforming industries from finance and supply chain to healthcare and entertainment. As adoption grows, key platforms are shaping the future of this decentralized ecosystem. This article explores leading platforms poised for significant growth and innovation in the blockchain space. Ethereum: The Pioneer and Ecosystem Leader Ethereum remains the dominant force in decentralized applications (dApps) and smart contracts. Its upcoming transition to Ethereum 2.0, featuring Proof-of-Stake (PoS) and sharding, will enhance scalability and lower transaction costs. With EVM-compatibility, it attracts developers building DeFi, NFTs, and DAOs. Solana:…
Ethereum-based non-fungible token (NFT) collection Moonbirds saw a resurgence in market activity following the sale of its intellectual property (IP) to blockchain game development studio Orange Cap Games. On June 6, data from NFT data aggregator CryptoSlam revealed that Moonbirds reached a weekly sales volume of over $2 million, up 2,525% from the previous week. For monthly volumes, the collection had surpassed its sales performance for all of May by June 6. In June, the collection has sales of around $1.4 million so far, up 43% from May’s $900,000. Moonbirds also reached over 1,000 transactions in the last seven days, a 877%…
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