Author: Kryptonews

Unclaimed Ethereum tokens from the infamous 2016 hack on The DAO will be redirected into a new security fund aimed at strengthening the network, says Ethereum advocate Griff Green.“There’s a lot of money just sitting in random contracts that were supposed to be returned to people who were affected by the hack,” Green said in an interview on Thursday with Unchained podcast host Laura Shin, reiterating plans to launch the security fund. The DAO was a decentralized autonomous organization that an anonymous hacker exploited in June 2016 to siphon more than $50 million worth of Ether at the time.The incident led…

Over the past 24 hours, several digital currencies have made strong gains, indicating that the cryptocurrency sector is picking up pace. According to CoinMarketCap, Worldcoin (WLD) increased substantially due to AI technology, while gold-backed tokens like PAX Gold (PAXG) and Tether Gold (XAUt) reached record high valuations. The combination generates potential for high-tech investors while protecting them from international economic instability, reflecting the maturation of the fledgling crypto sector. Worldcoin and Gold-Backed Tokens are on Top Worldcoin (WLD) has been the most successful cryptocurrency today as it increased in price by 5.39% to $0.4884 with an associated trading volume of…

Blockchain network Avalanche saw rising institutional adoption across tokenized money market funds, loans, and indices in the fourth quarter, driving the value of real-world assets on the layer 1 to a new high, even as its token underperformed the broader market. The total value locked of tokenized real-world assets on Avalanche rose 68.6% over the fourth quarter of 2025 and nearly 950% over the year to more than $1.3 billion, boosted by the $500 million BlackRock USD Institutional Digital Liquidity Fund (BUIDL) that launched in November, Messari research analyst Youssef Haidar said in a report on Thursday.Fortune 500 fintech FIS…

Bybit saw the second-highest trading volumes among crypto exchanges last year, making a “slow but steady comeback” after suffering a $1.5 billion hack in February 2025, says CoinGecko.Bybit‘s trading volume reached $1.5 trillion in total during 2025, and its share of the market reached 8.1% for the year, CoinGecko research analyst Shaun Paul Lee said in a report on Thursday.“Despite the major hack Bybit suffered in February, it has clawed its way back to the top,” and has “slowly gained back its dominance throughout 2025,” he added.The attack on Bybit is the largest crypto hack ever, and was carried out…

In a rare show of political solidarity for the art world, a growing number of New York galleries will close on Friday, January 30, as part of the nationwide general strike protesting expanded Immigration and Customs Enforcement (ICE) operations. These actions come amid global scrutiny over the use of deadly force against protestors and allegations that federal tactics are eroding constitutional rights, including protections for free expression and due process. Industry heavyweights, such as Pace Gallery, which will close its US locations, David Zwirner, Almine Rech, P·P·O·W Gallery, David Kordansky, and Marian Goodman—alongside smaller outfits like Ulterior, Hannah Traore, and…

Bitcoin (BTC) fell to two-month lows Thursday as crypto joined stocks and precious metals in a snap sell-off.Key points:Bitcoin dives below $85,000 as macro assets suddenly tumble from record highs.Gold and silver shock market watchers as nerves over global financial stability grow.BTC price action faces an uphill struggle to avoid “Bearadise” at the monthly close.Gold meltdown catches Bitcoin in its wakeData from TradingView captured new 2026 lows for Bitcoin, which reached $83,156 on Bitstamp to bring daily losses to nearly 6%. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewSupport at the 2026 yearly open, as well as nearby moving averages, failed to hold…

Key NotesOver 75,000 unclaimed ETH from TheDAO structures, now worth around $220 million, will seed the new security fund.69,420 ETH to be staked, generating roughly $8 million in annual yield for ongoing grants.Grants target mainnet, layer 2 security, audits, user protection, and research through community-led DAO processes, per Unchained. . Long-term Ethereum supporters, known as “OGs” are transforming remnants of the network’s most famous crisis into a major security boost. This refers to $220 million of locked funds from TheDAO hack from 2016 and a recent movement from Vitalik Buterin together with other Ethereum OGs to build a security fund with…

Circle (CRCL), the stablecoin issuer behind USDC, got a second upgrade by Wall Street analysts in a week, and this time by its biggest bear. Compass Point’s Ed Engel, who had a sell rating and the lowest price target among analysts, has upgraded the stock to Neutral just a day after Mizuho’s Dan Dolev revised his bearish outlook.However, Engel’s kept his price target the lowest among Wall Street analysts covering the stock, despite the upgrade. His new price target is $60, down from $75 due to premium valuation (more on that later). The stock fell 7.3% during regular trading hours…

Digital asset infrastructure provider Talos raised a $45 million extension to its Series B funding round, valuing the company at about $1.5 billion.The extension included new strategic investors such as Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside returning investors a16z crypto, BNY and Fidelity Investments, according to the company.”We extended our Series B round to accommodate interest from strategic partners,” said Talos CEO Anton Katz. Talos said proceeds will be used to expand product development across its trading, portfolio management, execution, treasury and settlement tools and to support tokenized traditional assets on its platform. Talos is a…

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