Author: Kryptonews

Singapore’s latest order for unlicensed crypto firms to stop serving overseas customers marks the beginning of the end for regulatory loopholes in the blockchain industry.The May 30 directive from the Monetary Authority of Singapore (MAS) tells crypto firms and individuals offering services abroad to get licensed or get out.To some in the industry, it may look like Singapore is suddenly turning away from its crypto-friendly stance. But in reality, the city-state has remained consistent in its push for compliance. The move aligns with a global crackdown aimed at money laundering and terrorism financing.“For exchanges still playing regulatory pinball — constantly…

This article provides practical advice on securing your Bitcoin held within wallet applications. Losing access to your Bitcoin due to security breaches can be devastating, so understanding and implementing these tips is crucial for responsible ownership. Choosing the Right Wallet App The very first step towards securing your Bitcoin is selecting a reputable and secure wallet. Consider the following factors: Security Features: Look for wallets that offer features like two-factor authentication (2FA), multi-signature capabilities (multi-sig), and biometric access. Reputation and Reviews: Research the app’s reputation. Read reviews from other users and see what security audits, if any, have been performed.…

The Rise of Web3 and Blockchain: Redefining Business Models The internet has evolved through distinct phases—Web1 (read-only), Web2 (read-write), and now Web3 (read-write-own). Unlike the centralized structures of Web2, Web3 leverages blockchain technology to enable decentralized, transparent, and community-driven solutions. This shift is creating new business models that empower users, reduce intermediaries, and foster innovation. What is Web3 and How Does It Work? Web3 operates on blockchain networks, such as Ethereum, Polkadot, and Solana, allowing peer-to-peer transactions without central control. Data is distributed across nodes rather than being stored in a single server, ensuring security, censorship resistance, and verifiable transparency.…

Mit GoForIt Walk&Win möchte ich heute das nächste SICOS-Projekt nach Odem und ORS vorstellen, dessen Team an einer Pokémon-Go ähnlichen App für Coupons und Gutscheine arbeitet. Das Projekt Aus Marketing-Sicht ist der Nutzen der GoForIt-App ganz klar die wesentlich höhere Interaktion der Nutzer mit entsprechenden Gutscheinen. Nicht nur bekommt man die Gutscheine nicht über nervige, wöchentlich im Mülleimer landende Gratis-Zeitschriften, sondern man kann Gutscheine, die man nicht benötigt, auf einer internen Plattform auch verkaufen oder handeln. Wie also funktioniert das Prinzip hinter GoForIt? Zunächst wird das zu bewerbende Produkt im GoForIt-System erfasst und zu einem Gutschein (Goupon genannt) verarbeitet –…

The research arm of the world’s largest cryptocurrency exchange has released a report highlighting key developments and market movements in the digital asset sector for May. The analysis provides insights into growth and challenges observed across various sectors, including decentralized finance (DeFi), exchange-traded funds (ETFs), gaming, and tokenization. According to Binance Research, the cryptocurrency sector experienced a 10.3% increase in market capitalization, driven by bitcoin (BTC) reaching a new all-time high (ATH) and substantial inflows into ETFs. Market Highlights for May The growth in May was a continuation of the upward momentum witnessed in April. Major crypto assets saw strong…

Reminder: the Gray Glacier upgrade is scheduled for block 15,050,000, expected June 29, 2022The Kiln Merge testnet, launched earlier this year, will be shut down shortly after the Ethereum mainnet’s transition to proof-of-stake.Ropsten, Ethereum’s longest-lived proof-of-work testnet, has transitionned to proof-of-stake. It will be shut down in Q4 2022.Rinkeby, a geth-based proof-of-authority testnet, will not transition to proof-of-stake and will be shut down in Q2/Q3 2023.Users and developers are encouraged to migrate ASAP to Goerli or Sepolia to test Ethereum in a post-merge context. After The Merge, Rinkeby will not be a suitable testing environment for the Ethereum mainnet. Unplanned…

The dawn of Bitcoin ETFs represents a pivotal moment in the history of cryptocurrency investment. After years of anticipation and regulatory hurdles, the launch of these ETFs marks a significant step toward mainstream acceptance and accessibility for Bitcoin. This development has the potential to reshape the investment landscape, attracting a broader range of investors and impacting the overall stability and maturity of the Bitcoin market. What are Bitcoin ETFs and Why are They Significant? A Bitcoin ETF, or Exchange-Traded Fund, is an investment fund that tracks the price of Bitcoin and is traded on traditional stock exchanges. This innovative structure…

Blockchain Beyond Crypto: Real-World Applications & Developer Insights While blockchain is best known for cryptocurrencies like Bitcoin and Ethereum, its applications extend far beyond digital money. Real-world blockchain apps are transforming industries such as supply chain, healthcare, voting systems, and intellectual property management. Learning from their developers provides valuable insights into the strengths and challenges of blockchain implementation. Supply Chain Transparency with Blockchain One of the most successful blockchain applications is in supply chain management. Companies like Walmart and Unilever use blockchain to track goods from origin to consumer, reducing fraud and improving efficiency. Developers’ Key Takeaways: Interoperability Matters: Supply…

One of J.M.W. Turner’s earliest oil paintings will head to auction with an estimate of £200,000–£300,000. The Rising Squall, Hot Wells, from St Vincent’s Rock, Bristol, painted when Turner was just 17, had been misattributed for decades. According to the Guardian, the picture sold last year as the work of a minor 18th-century artist described as a “follower of Julius Caesar Ibbetson.” Dreweatts, an auction house, estimated the work at between £600 and £800.  It was only during cleaning after the sale that Turner’s signature emerged. Sotheby’s, which will auction the painting next month, says the work now sheds new light on Turner’s…

Share this article If you’re a crypto enthusiast and are looking for an easy way to generate passive income, staking your USDT could be your answer with Loopring. You could enjoy steady, passive income, without the worry of price fluctuations. In this article, I will explain everything you need to know about USDT staking, why Loopring’s AI-powered staking platform is a game-changer, and how you can start earning with it.Staking your USDT is a low-risk way to increase your crypto with limited concern of a price drop (and craziness). Staking is a great way to quickly earn passive income and…