Author: Kryptonews

Blockchain.com is stepping up its presence in Africa, targeting markets where governments are beginning to implement formal crypto regulations.The United Kingdom-based exchange plans to open a physical office in Nigeria during the second quarter of 2025 — its “fastest-growing market” in West Africa — amid broader expansion efforts in Ghana, Kenya and South Africa, according to a May 27 report by Bloomberg.“Nigeria has taken meaningful steps toward creating a clear framework for crypto,” Owenize Odia, Blockchain.com’s general manager for Africa, reportedly said.The move comes as global sentiment shifts, including political tailwinds from the United States, where President Donald Trump’s pro-crypto…

In brief Jupiter’s JUP token spiked 18% during the U.S.’s Memorial day before cooling to a 4% daily gain as Solana DeFi activity surged. Analysts say the rally was driven by a mix of product launches, meme market revival, and Bitcoin’s breakout. Jupiter remains the second-largest DEX aggregator by volume, handling over $1B in daily trades. Jupiter’s native token JUP jumped as much as 18% on Monday before retracing, marking one of the day’s top moves among major altcoins, as broader crypto markets rallied on Bitcoin’s break above $109,000.The sudden spike came after the largest DEX aggregator on Solana recently…

Why are central banks looking at blockchains? Central banks are tiptoeing into the world of blockchain not because it is fashionable but because every part of the money-making machine, from settlement rails to asset custody, is slowly being rewritten as code.The financial industry is already tokenizing money-market funds, Treasurys and even bank deposits. According to the Atlantic Council, 134 jurisdictions are studying or piloting a central bank digital currency (CBDC), up from just 35 in 2020. Meanwhile, commercial banks have begun to warn that if they cannot move tokenized deposits across public blockchains such as Solana or private ledgers like R3…

Bitcoin, the pioneering cryptocurrency, has captivated the financial world with its volatility, potential, and underlying technology. As we navigate through 2022, the question on every investor’s mind remains: what are the long-term prospects for Bitcoin and where are prices headed? Predicting the future of such a dynamic asset is fraught with uncertainty, but by examining key influencing factors, regulatory developments, and adoption rates, we can attempt to paint a picture of Bitcoin’s potential trajectory.## Examining Bitcoin’s Core StrengthsBitcoin’s enduring appeal stems from several inherent characteristics that differentiate it from traditional assets. Its decentralized nature, shielded from government control and censorship,…

Blockchain governance models serve as the backbone of distributed systems, ensuring network security, consensus, and decentralization. Among the various consensus mechanisms, Delegated Proof-of-Stake (DPoS) stands out as one of the fastest and most efficient—but also one of the most controversial. Below is an in-depth look at DPoS, exploring its mechanics, benefits, and drawbacks. How DPoS Works DPoS is a voting-based consensus algorithm where users elect "delegates" (often called "validators" or "block producers") to validate transactions and create blocks. Unlike Proof-of-Work (PoW), which requires massive computational power, DPoS relies on a democratic process where users vote for their preferred validators using…

A widely followed crypto analyst says that meme asset Dogecoin (DOGE) is facing a crucial turning point while updating his outlook on a handful of other altcoins. In a new thread, crypto trader Ali Martinez tells his 138,500 followers on the social media platform X that resistance around the $0.26 level is key for the dog-themed digital asset. The trader shares a chart suggesting that $0.26 is a price area that appears to be a trend shift level for DOGE. “This level remains the most important resistance wall for Dogecoin.” Source: Ali Martinez/X Dogecoin is trading for $0.22 at time…

Solana Foundation introduced the Solana Attestation Service on May 23, positioning the protocol as a trust layer for what the network’s backers call “internet capital markets.”The open-source service lets approved issuers bind off-chain credentials, such as know-your-customer results, geographic eligibility, or accreditation status, to a user’s wallet address without exposing personal data on-chain.Attestations live inside the wallet, travel across applications, and are verified with a software development kit call.According to the announcement, the design removes repetitive onboarding checks and eliminates the need for each project to store sensitive identity records.Portable credentials aim to streamline complianceThe Foundation said developers can deploy…

At the heart of Wojak Finance is the WOJAK token, a digital currency that serves as the spine of the platform’s environment. But it’s not just trading and speculation—WOJAK is a utility token with real-international programs, powering the whole lot from marketing campaigns to community engagement initiatives.However, possibly the greatest groundbreaking aspect of Wojak Finance is its decentralized community-based marketing platform, which operates primarily on Twitter. Unlike conventional advertising models, which depend on centralized intermediaries to connect manufacturers with audiences, Wojak Finance puts the power back within the palms of the people.Through the platform, manufacturers can interact with Wojakians—the passionate…

Devconnect, the week-long gathering of the Ethereum ecosystem and community, concluded its second edition in Istanbul. The week saw over 3,500 participants from diverse backgrounds come together from November 13-19 at the Devconnect Cowork in the Istanbul Congress Center, and many more join the 70+ deep-dive events organized by independent teams in the Ethereum community. Events took place at various locations across the city and beyond, celebrating the breadth and depth of the Ethereum ecosystem. Thank you to everyone who was part of Devconnect! We are so happy that everyone that was able to join us for an intense week,…

The Foundation of DeFi’s Growth Blockchain technology remains the bedrock of the decentralized finance (DeFi) ecosystem, enabling its scalability, security, and widespread adoption. DeFi has evolved from a niche concept to a multibillion-dollar industry, and blockchain’s decentralized, immutable nature is central to this growth. Decentralization and Trustless Systems DeFi’s core philosophy revolves around eliminating intermediaries—a feature made possible by blockchain’s distributed ledger technology. Transactions are verified through consensus mechanisms (such as proof-of-stake or proof-of-work) rather than centralized entities, ensuring transparency and reducing counterparty risk. This level of trustlessness fosters user confidence, driving adoption across various financial applications. Smart Contracts: The…