Author: Kryptonews
Greetings, Ethereum builders and enthusiasts! Devconnect Istanbul is just around the corner, with only two months to go! We’re here to remind you why we’re so excited about this event and to share some important updates and information. Don’t forget to secure your Devconnect Cowork ticket here, and if you need more information on what Devconnect is all about, head over to devconnect.org to learn more. Attend Devconnect to shape the future of Ethereum 🌍 Devconnect is a gathering for those eager to advance Ethereum. By participating you can: Make progress happen: The events listed on the Devconnect schedule are…
Messaging platform Telegram is raising at least $1.5 billion through a new bond offering.The firm is raising the funds through a five-year bond with a 9% yield, which has drawn interest from both returning investors such as the world’s largest asset manager BlackRock and Abu Dhabi’s sovereign wealth fund Mubadala, as well as new entrants including hedge fund Citadel, the Wall Street Journal reports citing sources with the deal.The proceeds will be used to repurchase debt from Telegram’s earlier bond issuance in 2021, due next March. The new bonds are convertible into equity at a discount if Telegram goes public.Telegram…
Key Takeaways: A trader has earned $5.6M in three days by perfectly countertrading James Wynn’s public positions. Speculation is growing that Wynn may be hedging privately or manipulating market sentiment. Wynn also lost $36M after Trump’s tariff threat rattled markets, despite remaining $12M up in lifetime profits. A trader has racked up $5.6 million in profits in just three days by systematically betting against the trades of prominent crypto figure James Wynn, raising eyebrows across the trading community.According to blockchain analytics platform Lookonchain, the trader, identified by the wallet address 0x2258, executed a near-perfect sequence of countertrades against Wynn’s public…
Introduction to Blockchain Beyond Cryptocurrency When most people hear the word blockchain, they immediately think of Bitcoin or other cryptocurrencies. But blockchain technology is far more versatile than just digital money—it’s a powerful, decentralized way to record transactions and manage data securely and transparently. From supply chain tracking to digital identity verification, blockchain is revolutionizing industries in unexpected ways. Blockchain in Supply Chain Management One of the most promising applications of blockchain lies in supply chain management. Companies like Walmart, Maersk, and Unilever are already using blockchain to track goods from origin to consumer. By creating an immutable record of…
Today’s episode is sponsored by CME Group and PayPal.To get the show every day, follow the podcast here.Today’s Stories:A Physical Dogecoin Could Reach the Moon in December(WMT) Walmart Lifts Profit Outlook, Stays Cautious on US Consumers – BloombergTarget (TGT) Profit Blows Past Expectations Amid Leaner Inventories – BloombergHome Depot (HD) Narrows Guidance for Full Year Profit, Revenue – BloombergFrom our sponsors:CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in…
Key takeaways:XRP’s falling wedge pattern signals a bullish reversal; 48% price surge potential.SEC’s review of WisdomTree’s XRP ETF could spark investor interest as approval odds jump to 84% on Polymarket. XRP price is forming a falling wedge pattern on the daily chart, a technical chart formation associated with strong bullish momentum following an upward breakout. Could this technical setup, coupled with the SEC’s review of a spot XRP ETF application by WisdomTree, signal the start of a rally to $3.40 and higher?XRP falling wedge pattern targets $3.40From a technical perspective, XRP (XRP) price could gain significant momentum if it breaks out…
The Bitcoin network, operating on principles of verifiable scarcity, has a built-in mechanism that gradually reduces the reward given to miners for validating transactions and adding new blocks to the blockchain. This process, known as the halving, occurs roughly every four years and directly impacts the rate at which new Bitcoin enter circulation. As we progress towards the predicted “Countdown to Zero,” understanding the implications of this increasing scarcity is crucial.## Halving Events and Their ImpactEach halving event cuts the block reward in half. Initially, miners received 50 Bitcoin per block. After the first halving in 2012, this dropped to…
Understanding Blockchain and Cybersecurity In today’s digital world, cybersecurity threats are more prevalent than ever. Businesses face constant risks of data breaches, identity theft, and financial losses due to insecure networks and legacy systems. Blockchain technology has emerged as a revolutionary solution to enhance security, transparency, and trust across industries. Unlike traditional centralized systems, blockchain promotes decentralized data storage and encryption, making it nearly impossible for attackers to manipulate or exploit data. Blockchain’s core principles—such as immutability, encryption, and consensus mechanisms—ensure that data remains tamper-proof and traceable. Each transaction or entry is recorded in a "block," which is linked to…
As Sophon gears up for its Token Generation Event (TGE), investor attention is sharply focused on how the project’s consumer-first Layer-2 strategy and $73 million in funding will translate into its market debut, especially when compared with peers like Starknet, Scroll, and recent Binance HODLer airdrop tokens.Overview of SophonSophon is an emerging Layer-2 project built on the ZK Stack – a modular blockchain development toolkit powered by zkRollup technology from zkSync. Unlike infrastructure-focused Layer-2s such as Scroll or Starknet, Sophon positions itself as a “consumer chain,” designed specifically to serve mainstream Web3 applications, including gaming, AI agents, social networks, and…
The possibility of trading spot XRP exchange-traded funds (ETFs) in the United States just went a notch higher. This is because the U.S. Securities and Exchange Commission (SEC) just commenced its first formal review of an application seeking to launch an XRP ETF in the country. According to a filing from the securities agency, it has initiated proceedings to determine whether it will approve or deny an application to list and trade shares of the WisdomTree XRP ETF on the Cboe BZX Exchange. WisdomTree is an asset management firm that issued one of the eleven spot Bitcoin ETFs in the…
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