Author: Kryptonews

Hong Kong’s push to legalize crypto derivatives is gaining political momentum, with reports that senior officials see the next wave of virtual asset reforms unlocking Bitcoin futures and options trading for professional investors. The goal is to expand product diversity while preserving sound risk controls.Bitcoin and Ethereum ETFs “have broadened the product diversity of the Hong Kong market, further enhancing Hong Kong’s position as Asia’s leading ETF market,” said Christopher Hui, Secretary for Financial Services and the Treasury. The proposal is just one pillar in Hong Kong’s effort to strengthen its status as a digital asset hub alongside measures such…

Bitcoin wallets have fundamentally changed how individuals interact with digital currency. Gone are the days of solely relying on complex command-line interfaces. Today, users have an array of options ranging from simple mobile apps to sophisticated hardware devices. However, the evolution of Bitcoin wallets is far from over. The future promises a landscape shaped by innovative technologies like Artificial Intelligence (AI) and a deeper integration with Decentralized Finance (DeFi). This article explores potential trends and advancements that will define the future of Bitcoin wallets.## AI-Powered Security and Personalized ExperienceAI is poised to significantly enhance both the security and user experience…

Kim Sajet, the director of the National Portrait Gallery in Washington, D.C., was still coming to work earlier this week—even after Donald Trump said he fired her last Friday. Trump wrote on his social media platform Truth Social that he was ousting Sajet for being a “strong supporter of DEI,” without providing further clarification about what that meant. The Smithsonian Institution, a network of museums that operates the National Portrait Gallery, has yet to issue a statement about Trump’s comments on Sajet. This week, however, the Washington Post revealed the Trump administration’s reasoning for seeking to oust Sajet. A White…

The Genesis: Blockchain 1.0 – The Bitcoin Era The story of blockchain began in 2008 with the release of the Bitcoin Whitepaper by the pseudonymous Satoshi Nakamoto. This marked the birth of Blockchain 1.0, which was fundamentally a decentralized, peer-to-peer payment system designed to eliminate intermediaries like banks. Bitcoin introduced the first practical application of blockchain technology, enabling secure, transparent financial transactions through cryptography and a distributed ledger. The core innovation was its ability to solve the "double-spending" problem without a central authority. The blockchain, a linked list of blocks containing transactions, ensured that once transactions were confirmed, they were…

The narrative surrounding Bitcoin (BTC) has undergone a significant shift in recent years. Once largely dismissed as a fad or a tool for illicit activities, the cryptocurrency is now increasingly being embraced by prominent figures who were previously staunch skeptics. This change reflects a growing understanding of Bitcoin’s potential, driven by factors such as inflation, technological advancements, and institutional adoption. Let’s explore some notable conversions from cryptocurrency critics to ardent Bitcoin supporters. The Rising Tide: Skeptics Reconsidering Bitcoin For many, initially rejecting Bitcoin stemmed from a lack of understanding of its underlying technology, its volatile price history, and concerns about…

In brief Elon Musk publicly criticized President Trump’s “One Big Beautiful Bill,” claiming it undermines the spending cuts achieved by his Department of Government Efficiency (DOGE). Crypto traders launched a Solana meme coin called “Kill Big Beautiful Bill” (KBBB). KBBB reached a $53 million market cap within nine hours before declining 30%. Elon Musk has been publicly criticizing President Donald Trump for his “big, beautiful bill.” It’s legislation the Tesla founder believes effectively wipes out the work he’s done with the Department of Government Efficiency—colloquially referred to as DOGE.On Wednesday, Musk posted a billboard for Quinten Tarinto’s action movie “Kill…

~20 days until the Merge 🚀 tl;dr Merge Data Challenge 🧪📊 In preparation for the imminent Merge, the Merge Data Challenge is live! The Merge is the most complex upgrade to Ethereum to date and potentially to any public blockchain network ever. And with that comes tons of data to collect, data to visualize, tools to write, and things to explain so that researchers, developers, and community members can better understand the interworkings of the post-Merge network. To kick off data exploration in this new paradigm, the EF is hosting an open competition between now and October 31st, 2022. Get…

Decentralization At What Cost? Blockchain’s Environmental Reckoning The Promise of Decentralization Blockchain technology emerged with the promise of revolutionizing how we approach trust, control, and transparency in digital transactions. By distributing data across a network rather than relying on a central authority, blockchains like Bitcoin and Ethereum aimed to foster greater autonomy and democratize financial systems. However, beneath this vision of a peer-to-peer utopia lies a staggering environmental cost—one that has increasingly come under scrutiny as the industry’s energy consumption continues to spiral out of control. The Environmental Toll of Proof-of-Work The most significant ecological strain comes from cryptocurrencies that…

Bitcoin has taken deeper root in corporate treasuries, with 116 public companies now holding a combined 809,100 BTC, worth around $85 billion based on current prices, at the end of May.That’s a dramatic rise from 312,200 BTC held a year ago in corporate treasuries, according to Binance Research’s latest report. Nearly 100,000 BTC has been added since early April alone.The surge appears driven by a mix of rising prices and structural tailwinds. Donald Trump adopted a pro-crypto stance during his 2024 presidential campaign, vowing to make the U.S. a global hub for the asset class and create a “crypto capital…

XRP and Shiba Inu (SHIB) just can’t seem to break free from their sluggish trends. XRP has been stuck near $2.16 for weeks, showing almost no movement, while SHIB is all over the place, with only a modest 1.45% gain in the last 30 days. It’s the kind of sideways action making investors restless. That’s where Remittix (RTX) comes in, a new payment-focused altcoin getting traders hyped with one of the fastest-growing presales of 2025. With over $15.5 million raised, find out why investors are lining up. XRP Price Holds Flat at $2.16 – Investors Grow Impatient At first glance,…