Author: Kryptonews

US Bitcoin exchange traded funds (ETFs) saw a $268 million outflow, while Ethereum-linked ETFs picked up the pace. Institutional appetite for Bitcoin cooled on Monday as BTC ETFs marked the third straight day of capital pullback. This drawdown signals a short-term dip in confidence among large players. The global digital assets market recorded a marginal surge over the last day as Bitcoin consolidated around the $105,000 level, stuck in a tight range that has dulled bullish momentum. The fear and greed index depicts that investors’ sentiment stood “Neutral” for now after being greedy for a couple of months. Wall Street…

The Ethereum foundation has announced a shakeup of its internal structure, including the rebrand of its research and development team. A June 2 release by the Ethereum Foundation has outlined a strategic restructuring of its core development team. The reorganization aims to sharpen focus, improve collaboration, and accelerate progress toward Ethereum’s scaling and usability goals. Key to the restructuring includes laying off several staff members and rebranding the Protocol Research & Development (PR&D) team as simply ‘Protocol.’ The revamped team will focus on three strategic priorities, including scaling Layer 1, improving user experience, and expanding blobspace capacity. “This means some…

Well-known on-chain analysis company Checkmate Glassnode shows in its latest weekly report that the Bitcoin market value to actual value (MVRV) ratio is rising. The “MVRV ratio” is a commonly used indicator. The “MVRV ratio” is a commonly used indicator. When the indicator value is greater than 1, it means that the holder’s holdings are greater than the investment and are in a net profit state. On the contrary, if the indicator is below the threshold, it means that the entire network is in a loss state.As Bitcoin rapidly surpasses the $110,000 mark and major holders anticipate reaching an all-time…

Introduction The healthcare industry faces an escalating crisis in data security. Breaches and cyberattacks are rampant, exposing sensitive patient information and eroding trust in traditional systems. Amid this chaos, blockchain technology offers a revolutionary solution by providing a secure, immutable, and transparent way to manage healthcare data. The Problem with Current Healthcare Data Systems Traditional healthcare systems rely on centralized databases, which are vulnerable to hacking and manipulation. When a single point of failure is compromised, entire patient records can be stolen or altered, leading to identity theft, fraud, and even medical errors. Moreover, patient data is often siloed between…

Tensions are rising within the Pi Network community as users report new migration requirements suddenly appearing in their apps, sparking anger and confusion just weeks ahead of a major token unlock. Key Takeaways: Pi Network users are frustrated over second migration prompts and unresolved KYC issues. A massive 276 million PI token unlock in June could add significant selling pressure to the market. Pi Coin remains under bearish pressure, with $0.64 support at risk and lower levels possible if sentiment worsens. On X, many Pi Network users shared screenshots of their app’s updated checklist. Even those who had already completed…

Norwegian Block Exchange (NBX) shares surged over 138% in a single day after the Oslo-based crypto exchange revealed it had begun adding Bitcoin to its treasury. Key Takeaways: NBX stock surged 138% after announcing its first Bitcoin treasury purchase. The exchange plans to use BTC reserves to back a Cardano-based stablecoin and expand crypto lending. Bitcoin is consolidating above $105K, with a potential breakout target near $108K if momentum builds. On June 2, NBX announced the purchase of 6 Bitcoin (BTC), valued at roughly $633,700 at current prices, with plans to increase its holdings to 10 BTC by the end…

A few weeks ago in October, much of the Ethereum community came together in South America as we reunited for Devcon VI in Bogotá, Colombia! Today we want to say Thank You(!) to every attendee, volunteer, and contributor that made Devcon VI a success. In this blog post, we will recap the highlights of an incredibly fun event, and reminisce about Community Hubs, the Road to Devcon, insightful talks and panels, beautifully designed presenter rooms, and much more. Watch the Recap Video to refresh your memory and enjoy the Devcon VI vibe! What Devcon is all about For those that…

Bitcoin’s decentralized nature makes you solely responsible for securing your digital assets. Unlike traditional banking institutions, there’s no central authority to recover lost funds if your private keys are compromised. Therefore, understanding and implementing robust security measures is paramount for any Bitcoin holder. This article explores essential strategies for securing your Bitcoin addresses and mitigating potential risks. Understanding Bitcoin Addresses and Keys A Bitcoin address is a public identifier, similar to an email address, that you can share to receive Bitcoin. It’s derived from your private key, a secret, long string of characters that controls access to your coins. Think…

Introduction to Blockchain for Business Blockchain technology has evolved far beyond its origins in cryptocurrency, emerging as a powerful tool for businesses seeking efficiency, transparency, and security. Unlike traditional databases, blockchain operates on a distributed ledger system, recording transactions across a network of computers rather than a single point of control. This decentralized structure ensures immutability and tamper-proof data, making it ideal for streamlining complex business processes. From supply chain management to contract enforcement, blockchain simplifies operations by reducing fraud, enhancing trust, and automating workflows. In this article, we explore how blockchain is revolutionizing business efficiency and the benefits it…

Malikie Innovations, a firm that acquired tens of thousands of patents from BlackBerry in 2023, has sued major Bitcoin mining firms Marathon Digital and Core Scientific for using the Elliptic Curve Cryptography (ECC) employed by the Bitcoin blockchain, which it claims to own.The cases against Marathon Digital Holdings and Core Scientific follow Malikie Innovations’ acquisition of 32,000 “non-core” patents from the communications company and former phone maker, BlackBerry, in 2023.“This case centers on ground-breaking innovations in elliptic curve cryptography […] that years later were recognized and selected by the designers of Bitcoin,” the filings state.The lawsuit claims the defendants are using ECC-based cryptographic methods covered under…