Author: Kryptonews

Yuga Labs has proposed dissolving the ApeCoin DAO and replacing it with a new governing body, ApeCo. This would mark a decisive shift in the management structure of one of Web3’s most recognizable token communities.Filed as an AIP proposal on June 5, the plan would sunset the DAO and transfer all major assets, including treasury funds, IP rights, smart contracts, and administrative operations, to a newly formed corporate entity led by Yuga.The proposal arrives amid growing dissatisfaction with the DAO’s performance. Greg Solano, co-founder of Yuga Labs, described the organization as having become “sluggish, noisy and often unserious,” declaring “it’s…

Amigos y amigas! Today, we want to bring everyone a few details on the ticketing process in advance of Monday’s launch, and we have updates on supporter, volunteer, and discount-ticket applications. As the icing on the cake, we’ll also introduce you to the Devcon Community Hubs! But first, we hope you’ve heard about the pre-sale of Devcon VI tickets in the Auction & Raffle, and maybe even placed a bid. If not, you have one final day to enter to win a ticket to Devcon VI by placing a minimum bid of 0.25 ETH. The Auction closes on July 14,…

Bitcoin’s value isn’t simply determined by utility or scarcity – it’s profoundly shaped by the network effect. This powerful phenomenon creates a positive feedback loop, strengthening the cryptocurrency’s position as usage and adoption increase.## Understanding the Network EffectThe network effect occurs when a product or service becomes more valuable to each user as more people use it. Think of a telephone: a single phone is useless, but with each additional phone added to the network, the value of the system for every user increases exponentially. Bitcoin benefits from a similar dynamic. The more individuals and businesses that adopt Bitcoin, the…

Blockchain technology has emerged from the shadows of cryptocurrency and into the mainstream, sparking discussions about its potential to revolutionize industries beyond digital currency. But is blockchain truly the future, or is it just hype? This article explores the applications, capabilities, and potential of blockchain to answer this question. What is Blockchain? At its core, blockchain is a distributed ledger technology that records transactions securely and transparently. Unlike traditional centralized systems, blockchain operates as a decentralized network, meaning no single entity controls the data. Instead, transactions are verified by a network of nodes (computers) before being added to the ledger.…

European lawmakers have yet to define “decentralization,” even as regulators begin preparing for decentralized finance (DeFi) to become a key focus of crypto policy in 2026.The world’s first comprehensive regulatory framework for the crypto industry, the Markets in Crypto-Assets Regulation (MiCA), went into effect on Dec. 30, 2024. Among its aims are to boost investor protection, prevent fraud and address stablecoin reserve management.Still, as MiCA enters its final implementation phase, policymakers are shifting their attention to regulating DeFi, where many questions remain unresolved, according to Vyara Savova, senior policy lead at the European Crypto Initiative (EUCI).Speaking during Cointelegraph’s Chain Reaction…

Key takeaways:Bitcoin (BTC) climbed toward $105,000 on June 6 after plunging to its lowest level in four weeks the previous day. Traders questioned whether the sharp decline had been coordinated, especially following reports that US President Trump and Chinese President Xi Jinping had resumed discussions over import tariffs.The reasons behind Bitcoin’s sudden drop on June 5 might never be fully clarified. Still, several contributing factors emerged, including fears of a potential economic recession, continued uncertainty surrounding the US Strategic Bitcoin Reserves, and speculation that custodians might be engaging in re-hypothecation practices.If these concerns are valid, a quick return to the…

On-chain RPG Pirate Nation has launched a brand-new PvE mode titled Infinite Tides, a roguelite experience that gives players an exciting new challenge.Available now, Infinite Tides sees players face 25 waves of increasingly-powerful enemies to defeat in their classic turn-based strategy format. With only one ship at your disposal and persistent health after each wave, shrewd use of the post-wave rewards will be critical in making it to the end.Players that defeat wave 25 will get their hands on a limited-edition skin: Hanzo the Samurai – the first pirate to surpass the Infinite Tides.Key InsightsPirate Nation have launched Infinite Tides,…

Today’s episode is sponsored by Kraken Pro.Today’s Stories:First Mover Americas: Europe’s First Spot Bitcoin ETF Opens in HollandHBAR Rallies on FedNow Addition of Hedera-Based DroppFrom our sponsors:Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.It’s Kraken’s most powerful trading platform ever – packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.Head to pro.kraken.com and trade like a pro.Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to…

Bitcoin’s ascent has been nothing short of remarkable, capturing the attention of investors, technologists, and regulators alike. Born from a whitepaper published in 2008 by the pseudonymous Satoshi Nakamoto, it has evolved from a niche digital experiment to a global asset class with growing adoption. Understanding its trajectory requires examining several key factors.## Decentralization and Limited SupplyOne of the fundamental tenets of Bitcoin is its decentralized nature. Unlike traditional currencies controlled by central banks, Bitcoin operates on a distributed ledger known as the blockchain. This decentralized system eliminates the need for intermediaries and allows for peer-to-peer transactions, enhancing security and…

Introduction to Consensus Mechanisms Blockchain technology relies on consensus mechanisms to validate transactions and ensure the integrity of distributed ledgers. These mechanisms enable decentralized networks to agree on the state of the blockchain without a central authority. Two of the most widely recognized consensus algorithms are Proof-of-Work (PoW) and Proof-of-Stake (PoS), but the landscape has expanded to include alternative solutions designed to improve efficiency, security, and sustainability. Proof-of-Work (PoW): The Original Consensus Algorithm How It Works Proof-of-Work was first introduced by Bitcoin and requires miners to solve complex mathematical puzzles to validate transactions and create new blocks. Miners compete using…