Author: Kryptonews

The Protocol Support team is organizing a grant round to support the upcoming Ethereum KZG Ceremony. The KZG Ceremony is a coordinated public ritual that will provide a cryptographic foundation for Ethereum scaling initiatives like EIP-4844. Learn more about the Ceremony and participate in the test version at ceremony.ethereum.org. If you’d like funding support to contribute at a deeper level, there are two ways to qualify: writing your own implementationsubmitting entropy generated by non-traditional sources or through a unique process → APPLY BY JAN 31 or learn more below Writing your own implementation The best way to avoid a bug…

Bitcoin has undeniably become a pivotal topic in the contemporary financial landscape. More than just digital currency, it represents a philosophical shift, a technological revolution, and a potential cornerstone of a new financial era. Its decentralized nature, scarcity, and cryptographic resilience have captured the imagination of investors, technologists, and individuals seeking an alternative to traditional financial systems.## The Genesis of DecentralizationThe central premise behind Bitcoin is decentralization. Unlike traditional currencies controlled by central banks and governments, Bitcoin operates on a peer-to-peer network. Transactions are verified and recorded on a public, distributed ledger known as the blockchain. This eliminates the need…

The Hidden Dangers of Smart Home Devices: Why Convenience Comes with Risks Smart home technology has revolutionized daily life, offering convenience, automation, and effortless control over lighting, security, and entertainment systems. However, beneath the sleek interfaces and voice-activated commands lie potential threats that consumers often overlook. As devices become increasingly interconnected, the risk of data breaches, privacy violations, and even physical sabotage rises. Privacy Concerns: Always Listening, Always Tracking Many smart home devices—such as voice assistants and smart speakers—rely on constant audio and data collection to function. While manufacturers claim they only analyze commands after activation, leaked documents and privacy…

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…

Key Takeaways Elon Musk announced XChat, a direct messaging feature using Bitcoin-style encryption and built with Rust. XChat includes vanishing messages and supports cross-platform audio/video calls without phone numbers. Share this article XChat, a new direct messaging (DM) feature being rolled out on Elon Musk’s platform X, is built on Rust and adopts Bitcoin-style encryption as part of an overhaul of the messaging system, Musk said in a post on X on Sunday.Musk said that XChat’s technical infrastructure has been completely rebuilt using Rust, a programming language known for its speed and memory safety. The new architecture implements encryption methods…

Meta shareholders have overwhelmingly rejected a proposal to assess whether the tech giant should add Bitcoin to its balance sheet.A “Bitcoin treasury assessment” proposal put before shareholders received 3.92 million votes in favor — a mere 0.08% of the total — while nearly 5 billion voters decided against the measure, a May 28 regulatory filing shows. Meta CEO Mark Zuckerberg controls 61% of the company’s voting power, according to an April regulatory statement, which could indicate that he voted against the proposal.Meta’s shareholder vote results to assess a Bitcoin treasury strategy. Source: SECThe lopsided vote followed a shareholder proposal in January…

NFTs: A Deep Dive for Tech Enthusiasts Non-Fungible Tokens (NFTs) have exploded in popularity, attracting everyone from artists to investors. For tech enthusiasts, understanding the underlying mechanics of NFTs is crucial—especially when exploring how they integrate blockchain, smart contracts, and digital ownership. What Are NFTs and How Do They Work?Unlike cryptocurrencies, which are interchangeable, NFTs represent unique digital assets. They are stored on blockchains (typically Ethereum) using smart contracts that verify ownership. When someone buys an NFT, they receive a verifiable token proving ownership—whether it’s a digital art piece, a collectible, or even virtual real estate. NFTs allow creators to…

Humanitarian aid organization World Vision Korea is the first nonprofit to sell crypto in South Korea after the country ushered in new rules around institutional crypto trading.World Vision Korea sold 0.55 Ether (ETH), worth roughly 1.98 million won ($1,436) on Upbit, according to a June 1 statement from Dunamu, the parent company of the crypto exchange.The Ether, which was held by Chairman Myung-hwan, was donated as a result of a campaign in March that asked Upbit users to donate crypto to help underprivileged youth who can’t afford school items such as uniforms and bags.During a May 20 meeting, South Korea’s…

Key Takeaways:The U.S. Securities and Exchange Commission (SEC) has expressed significant concerns about whether a proposed staked Ether (ETH) Exchange Traded Fund (ETF) from REX Shares and Osprey Funds qualifies under federal securities laws.SEC staff highlighted unresolved questions regarding the fund’s ability to meet the definition of an “investment company” under the Investment Company Act of 1940.There are also concerns that the registration statement for the REX-OspreyETH ETF might have been improperly filed on Form N-1A.The SEC is scrutinizing whether disclosures about the fund’s status as an investment company could be potentially misleading to investors.If these issues aren’t resolved, the…

Social media platform X is rolling out a new messaging feature, XChats, which owner Elon Musk says will have “Bitcoin-style encryption.”XChat is seemingly a more feature-rich version of the platform’s direct messaging function, which will feature audio and video calling, “encryption, vanishing messages, and the ability to send any kind of file,” Musk said in a June 1 X post.The new messaging service is built on the Rust programming language, which Musk said had “(Bitcoin style) encryption, whole new architecture.”On May 29, X said that it had to pause its encrypted messaging feature while it worked on improvements, which may…