Author: Kryptonews

Key Takeaways The SEC has extended the review period for the Bitwise ETF proposal to July 31, 2025. The proposal seeks to list and trade shares of the Bitwise 10 Crypto Index Fund on NYSE Arca. Share this article The US SEC announced today it will take an additional 60 days to determine whether to approve a proposed rule change from NYSE Arca to list the Bitwise 10 Crypto Index Fund, which features major crypto assets like Bitcoin, Ethereum, XRP, Solana, and Cardano.The decision, originally expected by June 1, has now been postponed to July 31. NYSE Arca first filed…

Key Takeaways: Former CFTC Chair has joined Sygnum as a senior policy adviser to guide its global regulatory strategy. His appointment comes as Sygnum expands in markets like Singapore and the UAE. Sygnum recently hit unicorn status following a $58 million funding round led by Fulgur Ventures. Sygnum, a Swiss-based digital asset bank, has appointed former U.S. Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo as a senior policy adviser.The move comes amid Sygnum’s push to strengthen its global regulatory strategy as institutional interest in crypto markets accelerates, the firm announced on May 27.Giancarlo, widely known as the “crypto dad”…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum founder Vitalik Buterin has made a case for ETH to be used as a cash substitute amid growing concerns of cash extinction in some Nordic nations. However, Buterin noted what needs to happen before the altcoin can achieve such a level of adoption.  Ethereum Founder Proposes ETH To Replace Cash In an X post, the Ethereum founder put forward the idea of ETH replacing cash in nations that are adopting a cashless system. This came while he was commenting on how the Nordics are reversing their…

Decentralized Finance (DeFi) has revolutionized the financial landscape by providing trustless, permissionless, and transparent alternatives to traditional banking services. One of the fastest-growing segments within the DeFi space is Decentralized Lending, which allows users to borrow and lend cryptocurrencies without intermediaries. What is Decentralized Lending? Decentralized lending platforms facilitate peer-to-peer (P2P) or pool-based lending using smart contracts, eliminating the need for banks or financial institutions. Users can deposit collateral (such as ETH, Dai, or other assets) and instantly borrow against it, with no credit checks or central authorities involved. Interest rates are often dynamic and determined by supply and demand,…

Key Takeaways:Cork Protocol suffered a $12 million loss due to a smart contract exploit involving 3,762 wstETH.The attacker swiftly converted the stolen assets into ETH, revealing major security gaps.Previously identified vulnerabilities in Cork Protocol’s codebase were left unresolved.The incident adds to a growing list of high-value DeFi exploits, raising questions about protocol maturity and audit effectiveness.A Devastating BreachCork Protocol has become the latest high-profile victim of a targeted smart contract hack that has shaken up the decentralized finance (DeFi) market. The attack cost 3,762 wrapped staked Ether (wstETH), which is worth almost $12 million on the market. The Cork team…

Avalanche (AVAX) is a high-performance Layer 1 blockchain platform known for its near-instant transaction finality and architecture that supports the creation of customizable subnets.To make a short-term price prediction for AVAX, it is essential to consider both recent price movements and fundamental factors such as strategic partnerships, ecosystem development, updates from the Avalanche/Ava Labs team, institutional capital flows, and overall market trends. Below is a summary of the most up-to-date information regarding these factors.AVAX Price Performance OverviewAVAX has experienced a notable recovery since the beginning of 2025. As of May, the token is trading in the $24–$25 range, reflecting a 25%…

Choosing the right storage solution for your Bitcoin is a crucial decision that balances security and convenience. The digital landscape offers a variety of options, broadly categorized as hot and cold wallets. Understanding the differences between these types is essential to selecting the one that best suits your individual needs and lifestyle. Understanding Hot Wallets Hot wallets are Bitcoin wallets that are connected to the internet. This constant connection makes them incredibly convenient for frequent transactions, such as daily purchases or active trading. Think of them like your checking account – easily accessible for everyday spending. Popular examples of hot…

Blockchain technology is revolutionizing supply chains by enhancing transparency, efficiency, and security across all stages—from production to consumption. In the food industry, blockchain is particularly transformative, enabling consumers to trace the journey of their food from the farm to their plates with unprecedented accuracy. How Blockchain Works in Supply Chains Traditional supply chains often rely on centralized databases and paper-based documentation, which can lead to inefficiencies, fraud, and limited traceability. Blockchain, however, uses a distributed ledger technology that records transactions across multiple nodes, making data immutable and accessible to authorized parties. Each node in the chain contains timestamps, transaction details,…

Nvidia reported a blowout first quarter on Wednesday, pulling in $44.06 billion in revenue—72% more than it made in the same period last year—according to data reported by LSEG.  The number landed well above expectations and immediately pushed Nvidia’s stock up around 6% in after-hours trading. The company also beat on earnings, posting 96 cents per share, adjusted, compared to the 93 cents analysts expected. Despite new restrictions from Washington that blocked shipments of its H20 AI chips to China, Nvidia still delivered one of its strongest quarters ever. The company had been set to make nearly $8 billion more…

Community & educationDeFi Security SummitSummit in Paris, France covering all angles of DeFi security including auditing, tooling, and bug mitigation, by exploring some of the biggest DeFi exploits and diving into practical ways to increase security coverage for code.Community & educationDWeb Camp & Global Fellows ProgramInternet ArchiveFive-day event with the purpose of tackling real-world challenges facing web3 and co-creating decentralized technologies of the future.Community & educationETHBarcelonaConference and hackathon in Barcelona, Spain covering topics such as public goods, privacy, and scalability.Community & educationETH BelgradeConference and hackathon in Belgrade, Serbia covering topics such as zero knowledge (ZK), infrastructure, and scaling.Community & educationEthereum…