Author: Kryptonews

Key takeaways:SharpLink Gaming establishes the first ETH treasury, backed by Ethereum co-founder Joe Lubin. SharpLink will invest $425 million to acquire 120,000 ETH. Ethereum futures open interest hits an all-time high of $36.1 billion, with ETH price climbing 4.5% on the daily chart. Nasdaq-listed SharpLink Gaming (SBET) announced a $425 million private investment in public equity (PIPE), acquiring approximately 69.1 million shares at $6.15 each to establish the first Nasdaq-listed Ethereum (ETH) treasury company.Spearheaded by Ethereum co-founder Joe Lubin, this move mirrors Strategy’s (MSTR) successful Bitcoin treasury strategy, which has yielded over $8.2 billion in gains in 2025, by leveraging…

A widely followed crypto strategist thinks several fundamental factors are conspiring to send the layer-1 protocol Hyperliquid (HYPE) to much higher valuations. Pseudonymous analyst Flood tells his 255,500 followers on the social media platform X that he’s bullish on the decentralized exchange even after HYPE printed a new all-time high of $39.68 yesterday. According to the analyst, HYPE is “still cheap” when you take into account the platform’s growth trajectory in the decentralized exchange space. “Why do you still get paid on buying HYPE at $39: – Lots of normies unable to buy, these people cannot figure out how to…

Nasdaq has filed for crypto asset manager 21Shares to list a spot Sui exchange-traded fund (ETF) in the US, initiating the Securities and Exchange Commission’s review process.The stock market’s May 23 19b-4 filing, which asks the SEC to list the 21Shares SUI ETF, follows 21Shares’ April 30 submission of its S-1 registration statement to the SEC, which asked the regulator to approve trading of the proposed fund.Both regulatory filings are needed for the Sui (SUI) tracking fund to gi live, with the 19b-4 filing kicking off the SEC’s review process. The agency must decide whether to accept, reject or delay…

Introduction The world of cryptocurrency is famous for its volatility and rapid innovation, but beneath the surface of skyrocketing prices and mainstream adoption lies a ticking time bomb: poorly written, unaudited, and unstable code. Millions of dollars in crypto assets are at risk due to developers who prioritize speed over security, often cutting corners to get their projects to market before competitors. From decentralized finance (DeFi) protocols to NFT marketplaces, the carelessness in code has created vulnerabilities that hackers exploit with alarming efficiency. How Poor Code Fuels Crypto Hacks One of the most glaring weaknesses in crypto development is the…

Tron Founder Justin Sun hails Trump for ‘commitment’ to Bitcoin and cryptocurrency. At the ongoing Bitcoin 2025 Conference, Sun expressed his admiration for President Donald Trump’s outspoken dedication to digital assets and blockchain.  Sun said during a panel discussion that the game has certainly changed for digital assets in the US thanks to the influence of President Donald Trump. The conference, which is held in Las Vegas, has drawn major players in the crypto industry to the city, including lawmakers, entrepreneurs, and developers. Sun’s remarks were noteworthy in that he linked recent Bitcoin price spikes to policies backed by Trump…

Bitcoin is hovering near $110,000 on Tuesday, and on-chain data suggests capital is rotating from the leading cryptocurrency into altcoins like XRP, Solana, and Cardano. Ethereum-rival Solana and top-five crypto XRP are now competing for dominance in both retail and institutional portfolios this cycle. Legendary trader Peter Brandt recently reignited the debate on X, asking followers to choose between XRP and Solana (SOL) for a hypothetical $100,000 investment. The statement led to an intense debate, with latest catalysts supporting the price trend for both altcoins, it rages on.  XRP vs. Solana  XRP, the native token of the XRP Ledger, currently…

Bitcoin and cryptocurrency payments have often been touted as future technologies, but their integration into specific sectors is slowly becoming a reality. Let’s examine one such area: the rise of Bitcoin payments within the [Specific Industry/Region] sector.## Increased Acceptance Among [Specific Industry Actors][Specific Industry Actors, e.g., independent artists, small business owners in Eastern Europe, boutique hotel owners in the Caribbean] are increasingly beginning to accept Bitcoin as a form of payment. This adoption is driven by several factors. Traditional banking systems can sometimes be inefficient or impose high transaction fees, particularly for international transactions. Bitcoin offers a faster and, potentially,…

Hi there! Let’s explore play-to-earn games a bit. We’ll discuss how to create one and incorporate NFTs into it. This article will focus solely on the blockchain mechanics and won’t delve into game development. I’ll aim to explain everything using simple language with explanations of all the essential parts. So, let’s get started!Why is that topic (game evolutions and state) I’ve been immersed in blockchain development since 2018, and during that time, I’ve seen a lot of people playing “play-to-earn” (p2e) games without any clue how it works. A lot of bad projects exist, and many people try to make…

The Rise of Loot Boxes in Traditional Gaming Loot boxes have become a controversial but deeply ingrained part of modern gaming. First introduced in Asian free-to-play games, they quickly spread to AAA titles, offering players random rewards in exchange for real money. While some see them as harmless cosmetic enhancements, others criticize their exploitative nature—comparing them to gambling. Games like Star Wars Battlefront II and FIFA Ultimate Team have faced significant regulatory scrutiny due to aggressive monetization practices. How Blockchain Could Disrupt Loot Box Systems Blockchain technology introduces several features that could reshape in-game economies and make traditional loot boxes…

Outgoing Commodity Futures Trading Commissioner Christy Romero warned the American public about potentially growing market uncertainty on May 27, following regulatory changes at the CFTC under the new Trump administration.Romero Pushes for Clear, Consistent RegulationWhile giving her farewell remarks at The Brookings Institution in Washington, D.C., on Thursday, Romero expressed concerns that the current trend of “big swings” between “regulation and deregulation” could ultimately hinder the success of the nation’s financial markets. CFTC Commissioner Christy Goldsmith Romero announces her plans to depart from the CFTC at the end of this month. pic.twitter.com/X7SgIgu2lg— cryptothedoggy (@cryptothedoggy) May 17, 2025 “As the current…