Author: Kryptonews

Friends, As the year of the Merge ends, we wanted to share updates from many of the Ethereum gardeners and EF-supported teams that achieved long sought accomplishments, both big and small, alongside the rest of the ecosystem in 2022. We all have a lot to be thankful for, from the new communities we’ve come to know, to having each other through it all! As always, this roundup series focuses on EF-supported teams whose members are working to grow and improve Ethereum as a whole. Included in this edition are updates from many teams highlighted in the previous report, and other…

The Rise of Counterfeit Pharmaceuticals: A Global Crisis Counterfeit drugs pose an alarming threat to public health worldwide. According to the World Health Organization (WHO), up to 10% of pharmaceuticals in low- and middle-income countries are counterfeit, while in developed nations, the rise of online pharmacies has increased counterfeit penetration. These illicit drugs can be ineffective, contaminated, or even contain toxic substances, leading to severe health risks, including death. Pharmaceutical companies and regulators face immense pressure to secure the supply chain and verify drug authenticity. Traditional methods of tracing medications often fall short due to complexity, fragmentation, and a lack…

The US military could soon get artificial intelligence-powered virtual (VR) and augmented reality (AR) gear made by Meta, after the social media giant joined forces with defence contractor Anduril to develop the devices.The headsets will use Anduril’s AI-powered command and control system, the Lattice platform, to integrate data from thousands of sources and provide real-time battlefield intelligence, Anduril said on May 29.It added that the headset will give soldiers “enhanced perception” and “intuitive control of autonomous platforms” while on missions. “This integration will transform how warfighters see, sense, and integrate battlefield information, providing immersive technology solutions that enhance tactical decision-making in…

XRP is currently trading at $2.16, up 0.66% in the last 24 hours, with a trading volume of over $1.82 billion. The recent price move is on the back of Bitcoin’s slight gain, but XRP’s fundamentals are quietly improving. Ripple’s active role in exploring Central Bank Digital Currencies (CBDCs) is boosting optimism. France is exploring the use of the XRP Ledger for digital currency trials, while Georgia’s central bank is already collaborating with Ripple on similar initiatives. Remember, the Bank of France “prefers” the features of XRP to issue Europe’s Central Bank Digital Currency.Documented. https://t.co/DDvBlO58Cb pic.twitter.com/BX1HKzAkvg— SMQKE (@SMQKEDQG) May 28,…

South Korea’s crypto scene will gain either way in the country’s presidential elections, as both candidates have run on pro-crypto platforms, pledged to ease regulations and expand crypto access.South Koreans will head to the polls on June 3 to elect a new president in a snap election to replace Yoon Suk-yeol, who was impeached and removed from office over his attempt to declare martial law in December.Currently leading the polls is Lee Jae-myung of the center-left Democratic Party, who is up against staunch conservative and People Power Party nominee Kim Moon-soo.Lee has proposed legalizing spot crypto exchange-traded funds and wants…

Focus on articles demonstrating how a challenge, change, or difficult situation can lead to a positive result. Provide at least three different specific examples of these headlines, and briefly explain why each example is effective in conveying a sense of opportunity or positive outcome. The following is your article: Embracing the Optimism: Headlines Highlighting Opportunity In today’s media landscape, negativity often dominates. News articles frequently highlight problems, crises, and potential disasters. However, a powerful and often underutilized approach is to frame news stories with headlines that emphasize potential opportunities and positive outcomes, even in the face of adversity. This shift…

The Promise of DeFi: Can Blockchain Solve Financial Exclusion? Financial exclusion remains one of the most pressing global economic challenges, with billions of people lacking access to basic financial services. Traditional financial systems have struggled to address this issue due to high costs, strict requirements, and limited infrastructure. However, decentralized finance (DeFi) provides a compelling alternative through blockchain technology, offering transparency, accessibility, and inclusivity. Understanding Financial Exclusion Globally, an estimated 1.7 billion adults remain unbanked, with the majority residing in developing countries. Traditional banks often require proof of income, credit history, and a minimum balance, barriers that shut out vulnerable…

Key Takeaways: Arkham has linked 70,816 BTC worth $7.6B to Strategy, raising its identified holdings to $54.5B. The findings contradict Michael Saylor’s warnings about disclosing wallet addresses due to security risks. Strategy has slowed its Bitcoin purchases as MSTR’s premium shrinks and competition in corporate BTC holdings grows. Arkham Intelligence has linked over $7.6 billion worth of Bitcoin to Strategy, the company formerly known as MicroStrategy.In a recent post, the blockchain analytics firm claimed to have identified wallet addresses holding 70,816 BTC tied to the company, despite public resistance from its co-founder and executive chairman, Michael Saylor, to disclose such…

As South Korea’s voters will head to the polls on Tuesday to vote in the current presidential election, the big questions on countries’ crypto stance has become ever more clear. This is because, regardless of the outcome, the crypto industry will benefit, as both leading candidates, Lee Jae-myung and Yoon Suk-yeol, have promised to loosen regulations and expand avenues for crypto access.  Crypto Gets Political in South Korea Candidate Lee Jae-myung has proposed the legalization of a spot crypto ETF and even allowing South Korea’s $884 billion pension fund to invest in crypto assets. He also advocated for the widespread…

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.Bitcoin is trading above $105K as Asia begins its business week. The world’s largest digital asset remained relatively stable over the weekend, with a 0.4% movement, and trading volume was compressed.While overall market conditions remain bullish, a new report from CryptoQuant suggests that certain metrics indicate the BTC market is “overheating.”The report shows bitcoin demand has climbed to…