Author: Kryptonews

A man accused of being one of the masterminds behind a string of recent kidnappings in France to gain access to crypto has been arrested in Morocco.At the request of French authorities, Morocco’s national police and intelligence service arrested Badiss Mohamed Amide Bajjou — a 24-year-old French-Moroccan man who was reportedly found in possession of multiple bladed weapons and several mobile phones.France’s Minister of Justice, Gérald Darmanin, praised the arrest in a June 4 X post after French news outlet Le Parisien reported the arrest.“I sincerely thank Morocco for this arrest, which demonstrates the excellent judicial cooperation between our two…

From Concept to Reality: The Journey to a Million-Dollar Blockchain App Building a million-dollar blockchain application is no small feat. It requires careful planning, a deep understanding of blockchain technology, and a relentless focus on user experience. Our journey was filled with challenges, breakthroughs, and moments of pure innovation. Here’s how we did it: The Problem We Set Out to Solve Before diving into development, we identified a critical pain point in the market. Traditional fintech solutions were riddled with slow transaction times, high fees, and lack of transparency. Blockchain technology, with its decentralized and trustless nature, offered a solution—but…

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.Macro Events and Vitalik’s Bold Plan to 10x Ethereum Layer 1 Could Propel ETH Past $3000: OKX’s Lennix LaiETH traders are eying $2600 as Asia begins its business day, but OKX’s Chief Commercial Officer Lennix Lai sees an easy path for the token to hit $3000 if Vitalik Buterin can get rid of Ethereum’s reliance on Layer-2s.Layer 1…

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›Singapore – June 5, 2025 – AEON, the next-generation crypto framework built for payments, has integrated the TRON network to enable seamless in-store payments. Through AEON Pay, users can now transact using TRX, the native utility token of the TRON network. USDT and USDD on TRON for offline payments are also included to bring fast and low-cost digital payments into everyday retail experiences. This integration marks a major milestone in AEON’s mission to make crypto spending frictionless and widely accessible, while significantly…

Ethereum Foundation has released a sweeping update to its treasury management strategy, signaling a more mature, structured approach to capital allocation amid ETH’s growing global influence and rising institutional scrutiny.The new framework, published on June 4, outlines how the foundation will manage reserves, deploy capital in DeFi protocols, and assess privacy standards, while maintaining Ethereum’s ideological commitment to self-sovereignty and neutrality.The policy introduces a formal asset-liability model that ties operational spending to a fixed percentage of the foundation’s treasury and a multi-year reserve runway.It also sets detailed guidelines for ETH sales, stablecoin holdings, and on-chain deployments, marking a notable departure…

The Lightning Network, a layer-2 scaling solution built on top of Bitcoin, is experiencing a significant surge in adoption. Once relegated to the fringes of the crypto community, it is now gaining traction as a viable solution for faster and cheaper Bitcoin transactions. But what’s fueling this period of rapid growth?## Lower Transaction Fees and Faster Confirmation TimesOne of the most significant drivers behind the Lightning Network’s increasing popularity is its ability to drastically reduce transaction fees. Bitcoin’s main network can become congested, leading to exorbitant fees, especially during periods of high demand. Lightning, operating off-chain, bypasses this bottleneck. By…

An analyst known for making timely altcoin calls believes that one memecoin running on Solana (SOL) is gearing up for a huge upside burst. Pseudonymous analyst Bluntz tells his 319,800 followers on the social media platform X that he sees the memecoin SPX6900 (SPX) igniting steep surges based on the principles of the Elliott Wave theory, an advanced technical analysis approach that tries to predict future price action by following crowd psychology that tends to manifest in waves. According to the theory, a bullish asset tends to witness a five-wave rally, with wave three representing the longest and steepest upside…

Introduction The future of energy depends on transitioning to more efficient, secure, and sustainable systems. Emerging technologies like blockchain and the Internet of Things (IoT) are revolutionizing traditional grid infrastructure by enabling smart grids—decentralized, data-driven networks that optimize energy distribution and consumption. By integrating IoT sensors for real-time monitoring and blockchain for secure peer-to-peer (P2P) transactions, smart grids enhance energy management, reduce carbon footprints, and foster greater consumer participation. How Blockchain and IoT Transform Energy Grids Blockchain and IoT work synergistically to improve energy grids in several key ways: Decentralized P2P Energy Trading IoT sensors track energy production (e.g., from…

Today’s episode is sponsored by Kraken Pro and Simpluris.Today’s Stories:First Mover Americas: SEC Delays Spot Bitcoin ETF Decision for All ApplicantsU.S. August Job Adds of 187K Vs Estimates for 170K; Unemployment Rate Rises to 3.8%Lira-Backed TRYB Token Becomes World’s Second-Largest Non-Dollar-Pegged StablecoinSEC Delays Spot Bitcoin ETF Decision for All Applicants Including BlackRock, FidelityU.S. Court Calls ETH a Commodity While Tossing Investor Suit Against UniswapCreditors Accuse Genesis of Ballot-Stuffing Over $175M FTX DealFrom 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…

From humble beginnings as an experiment in decentralized currency, Bitcoin has grown into one of the most talked-about and valuable assets in modern history. A recent comparison between Bitcoin and major global companies reveals just how far the digital currency has come.Outpacing Corporate TitansSince September 2014, Bitcoin has outperformed nearly every major publicly traded company on the planet. According to recent data, the only exception is NVIDIA. The tech giant has delivered an astonishing +28,700% return since that date – edging out Bitcoin’s +23,500% over the same period.This comparison highlights the extraordinary performance of both assets. However, Bitcoin’s story becomes…