Author: Kryptonews

Iris Coleman May 31, 2025 15:06 Explore the latest BNB Chain weekly report, highlighting key data, ecosystem updates, and live projects, including growth in DeFi and AI sectors. The BNB Chain ecosystem has witnessed significant developments in the last week, with notable progress in decentralized finance (DeFi) and artificial intelligence (AI) sectors. According to the BNB Chain blog, the network continues to expand its offerings and collaborations, showcasing an increase in user engagement and transaction volume. Key Data Highlights During the week of May 20-26, the BNB Chain reported substantial activity across its…

World Liberty Financial’s stablecoin USD1 surpassed $10 billion in transfer volume just 10 days following its listing on Binance, according to data from Artemis.From May 22 to June 1, the stablecoin traded $10.7 billion in volume, surpassing the total transfers from its inception until May 21. The stablecoin is native to World Liberty Finance, a decentralized application backed by President Donald Trump and his family.Weekly volumes had already increased significantly in mid-May. USD1 left the $307 million traded between May 12 and 18 to reach $4.3 billion the following week, a 1,300% weekly increase.Despite the current week’s volumes not being…

Choosing the right Bitcoin exchange is crucial for a seamless and secure journey into the world of cryptocurrency. With a multitude of platforms available, each boasting different features, fee structures, and security measures, navigating the landscape can feel daunting. This article aims to provide a guide to understanding Bitcoin exchange rankings and highlights key factors to consider when selecting the platform that best suits your needs. Understanding the Landscape of Bitcoin Exchanges Bitcoin exchanges act as intermediaries, connecting buyers and sellers of Bitcoin. They facilitate transactions, provide wallets for storage, and offer tools for analyzing market trends. These platforms vary…

The Dawn of Blockchain’s Internet Moment For years, blockchain technology has been hailed as a disruptive force with the potential to reshape industries from finance to supply chain management. However, its true ascendance relies on overcoming one fundamental challenge: interoperability. Just as the early internet was fragmented before protocols like TCP/IP allowed seamless communication between networks, blockchain ecosystems today remain largely siloed. This is where decentralized interoperability platforms—like Polkadot and Cosmos—come into play. Their mission? To unlock blockchain’s "internet moment" by enabling seamless interaction between disparate chains. The Problem with Siloed Blockchains Ethereum, Bitcoin, and other leading chains were designed…

Polygon-based non-fungible tokens (NFTs) have surpassed the $2 billion milestone in all-time sales volume, marking a significant achievement for digital collectibles on the network. The milestone comes amid consistent growth in monthly sales over the last several months, highlighting interest and adoption within Polygon’s NFT ecosystem. CryptoSlam data shows that since November 2024, monthly sales in Polygon have been on an upward trend. The sales volume started from $16.3 million in November 2024 and increased each month, reaching nearly $20 million in December, $25 million in January 2025 and $37 million in February. The momentum has continued throughout the first half of 2025,…

In brief Hong Kong-based Reitar Logtech has said it wants to buy 15,000 BTC. The plan is to create a Bitcoin treasury, the Nasdaq-listed company said. Reitar is the latest publicly-traded firm to announce such plans. Nasdaq-listed Reitar Logtech is planning to buy $1.5 billion worth of Bitcoin, according to a Monday U.S. Securities and Exchange Commission filing. The Hong Kong-based (RITR) said it was aiming to buy 15,000 BTC. “The BTC Program will pave the way for the company to engage in logistics real estate projects which may involve digital assets in the future by establishing a reserve of digital asset…

Ethereum stands at the edge of major breakthroughs. zkEVMs have rapidly accelerated, enabling us to rearchitect L1 to simultaneously support scale, verifiability, security and censorship-resistance. L2s are hardening, meeting users where they are, and eager to double down on using Ethereum as their root of trust. In short, the world is ready for the world computer. These significant innovations both unlock massive benefits for our users and will allow us to onboard many, many more. The stakes are high: This moment may be Ethereum’s best shot at deploying not only our technology, but our values, at planetary scale. As a…

Key Takeaways: Russia is exploring crypto payments for grain exports to bypass sanctions and SWIFT restrictions. The initiative aligns with BRICS efforts to reduce reliance on Western financial systems. Russia’s central bank now allows qualified investors limited access to crypto-linked derivatives under strict conditions. Russia is exploring ways to use cryptocurrencies to settle grain export payments, as the country looks to bypass Western sanctions and modernize its trade infrastructure.On June 2, the Russian Agricultural Bank (RusAg) reportedly said it is working with the Bank of Russia to evaluate digital asset-based payment solutions for grain exports.Irina Zhachkina, RusAg’s First Deputy CEO,…

Blockchain technology has gained widespread attention in recent years, particularly with the rise of cryptocurrencies like Bitcoin. However, many beginners find the concept daunting due to its technical depth. If you’re new to blockchain, here’s what you need to know to get started: What is Blockchain? At its core, a blockchain is a distributed ledger that records transactions in a secure and transparent way. Imagine a digital accounting book that multiple parties can access and verify but can’t easily alter once entries are confirmed. This ledger is "distributed" because copies are stored across a network of computers, making it decentralized…

Consensys, the Ethereum infrastructure company behind the popular MetaMask wallet, said it has acquired Web3Auth, a provider of wallet infrastructure, in a move aimed at improving usability and developer accessibility across its platforms.Financial terms of the deal were not disclosed.The acquisition is designed to modernize MetaMask’s onboarding experience and tackle one of the most persistent challenges facing self-custodial crypto wallets: seed phrase management. According to Consensys, internal data indicates that 35% of MetaMask users fail to back up their seed phrases — a key vulnerability that can result in permanent loss of funds.Web3Auth’s technology, already integrated across some 8,200 decentralized…