Author: Kryptonews

Introduction to NFT Security and Scalability Non-Fungible Tokens (NFTs) built on the ERC-721 standard have revolutionized digital ownership, but their success depends heavily on security and scalability. Poorly designed NFT contracts can expose users to hacks, theft, or wallet-draining vulnerabilities. Similarly, inefficient scaling can lead to high gas costs and slow transaction processing, hindering user experience. This article explores best practices for securing and scaling NFT projects, ensuring a seamless, reliable, and protected user experience. Security Best Practices 1. Thorough Smart Contract Audits Security audits are crucial for identifying vulnerabilities such as reentrancy, denial-of-service (DoS), or unchecked arithmetic operations. Independent…

Bitcoin. By now, almost everyone has heard the name. But beyond the hype and headlines, many people still struggle to understand what it is and how it differs from the money they use every day – traditional fiat currency. This article aims to demystify Bitcoin by explaining its core characteristics and contrasting it with fiat systems we are all familiar with.## Understanding Fiat CurrencyFiat money, like the US dollar, Euro, or Yen, is government-issued currency that is not backed by a physical commodity, such as gold or silver. Its value is derived from government regulation and the public’s trust in…

Key Takeaways:The SEC throws out a high-profile lawsuit against Binance with prejudice, which shows a big change in how the current administration handles regulation.Binance celebrates the legal victory, calling it a “huge win for crypto” and crediting Chairman Paul Atkins and Trump-era allies for policy reversal.BNB is predicted to rise quickly as analysts foresee a rally toward a new all-time high. There is also growing speculation that it could break $1,000 if the momentum stays strong.The U.S. Securities and Exchange Commission (SEC) has officially abandoned its case against Binance. This is a big win for the global crypto industry in…

Key takeaways:Bitcoin price metrics show restrained profit-taking and strong support near $96,000–$104,000.A $3.7 billion open interest drawdown reset an overheated market and preps BTC for a possible rebound.Bitcoin (BTC) is down 4.50% for the week and could revisit the $100,000 level over the next few days, but data suggests that prolonged trading below this level could be limited. In a recent post, CryptoQuant noted that the Net Realized Profit/Loss (NRPL) chart, which tracks profits and losses from Bitcoin transactions, shows moderate profit taking at the current levels. This activity, while notable, is significantly lower than the spikes seen during the…

Bitcoin continues to dominate the crypto landscape in terms of both value and influence. With today’s price hovering around $108,999, everyday investors are actively seeking innovative ways to capitalize on this momentum. Rather than relying on traditional mining methods and trading, many are turning to simpler, more efficient alternatives to grow their digital assets with ease. Cloud mining has emerged as one of the most accessible and profitable methods to build crypto wealth in 2025, with sites like ZA Miner leading the way. Launched in the UK in 2020 and trusted by over 10 million users worldwide, ZA Miner offers a…

While Bitcoin’s rise has captivated the world, understanding the core technology often gets glossed over in favor of price predictions and get-rich-quick schemes. But if you’re truly going to participate in the Bitcoin revolution, there’s one crucial concept you absolutely must grasp: your private key. Neglecting this understanding can lead to devastating consequences, including the permanent loss of your digital assets. What Exactly Is A Private Key? Imagine your Bitcoin address as your bank account number. Publicly visible, and what others use to send you funds. Your private key, on the other hand, is akin to your bank account password…

What Are ERC20 Tokens? ERC20 tokens are a set of standards used for creating smart contracts on the Ethereum blockchain. Introduced in 2015, they defined a common set of rules for developers to ensure interoperability and seamless interaction between different Ethereum-based tokens. This standard includes core functions such as totalSupply, balanceOf, transfer, and approve, which allow tokens to be easily traded, stored, and used across multiple platforms. Because of their consistent protocol, ERC20 tokens have become the backbone of decentralized finance (DeFi) and the broader Ethereum ecosystem, enabling the growth of applications from decentralized exchanges (DEXs) to lending platforms and…

Key Takeaways: POL price faces a bearish pressure toward $0.2. Polygon price prediction for 2025 expects the price of POL to surge toward $1.57. By 2031, we expect the POL price to record a maximum price of $13.01. Polygon, an Ethereum side chain and layer two scaling solution, has experienced substantial uptake by enterprises and industries in the last year. Consequently, numerous analysts eagerly anticipate the future valuation of its native cryptocurrency, POL. This raises the question: Can POL’s price reach $10? This forecast for Polygon’s price examines factors such as ecosystem trends, adoption rates, underlying technology, and technical analysis…

Bitcoin, the original cryptocurrency, has revolutionized digital finance. However, a persistent concern surrounding Bitcoin transactions is the fluctuating and sometimes substantial transfer fees. Understanding these fees and whether they are indeed “too high” requires exploring the mechanics behind them, the factors influencing them, and the perspectives of various market participants. Understanding Bitcoin Transaction Fees Bitcoin’s transaction fees aren’t arbitrarily set. They function as an incentive for miners to include a transaction in a block. Miners prioritize transactions with higher fees because they receive these fees as part of their block reward (along with the newly minted Bitcoins). The more transactions…

The first Ethereum and Solana staking ETFs could debut in the United States within weeks, following a recent filing by ETF provider REX Shares that used “regulatory workarounds,” ETF analysts say.The staking component has been highly anticipated for spot Ether (ETH) ETFs since their launch in July 2024, with some industry executives arguing the product feels incomplete without it.REX Shares filings have a “unique structure”“These ETFs are structured as c-corps. Which is very rare in the ETF world,” ETF analyst James Seyffart said of the REX Shares filing in a May 30 X post.“Don’t know the launch date, but it…