Author: Kryptonews

President Donald Trump is facing scrutiny after speaking at a private event for top investors in his $TRUMP memecoin while standing behind a lectern emblazoned with the official presidential seal — a move that may violate federal law.The event took place Thursday at Trump National Golf Club in Virginia, where Trump addressed 220 investors in his cryptocurrency project.According to US law, the presidential seal cannot be used in any manner that could imply government approval or sponsorship. Violators can face fines or up to six months in prison.Trump, who arrived at the club aboard a military helicopter, praised attendees and…

The Rise of Layer-2 Solutions: Optimizing Blockchain Transactions Without Compromise Scalability: The Blockchains’ Big Challenge Blockchain technology has long been celebrated for its security and decentralization, but one critical challenge has always limited its mainstream adoption: scalability. The ability to process transactions quickly and efficiently has been a persistent bottleneck, especially for major networks like Ethereum. While Layer-1 solutions like sharding and protocol upgrades (e.g., Ethereum 2.0) are in development, another category of technologies has emerged to tackle scalability without sacrificing decentralization or security—Layer-2 solutions. What Are Layer-2 Solutions? Layer-2 solutions operate on top of existing blockchains (Layer-1) to enhance…

Key Takeaways: Cetus is offering a $6M bounty for the return of $56M in ETH stolen during a $223M exploit. Sui validators froze addresses linked to the hack, pausing $162M in compromised tokens. The incident sparked criticism over Sui’s centralization as token values, including CETUS, crashed. Cetus Protocol, a decentralized exchange built on the Sui blockchain, is offering a $6 million bounty to the hacker behind a $223 million exploit that rocked the platform earlier this week.The reward is part of a time-sensitive deal to recover a portion of the stolen assets — specifically, 20,920 ETH valued at around $56.3…

Today’s episode is sponsored by CME Group.To get the show every day, follow the podcast here.Today’s Stories:BitcoinShrooms: An Ordinals Auction’Bitcoin NFT’ Hysteria Comes to Sotheby’s as Super-Mario-Style Mushroom Character Tops $200KFrom 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 a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more.Disclaimer:This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by…

Here’s an article about safeguarding Bitcoin wallets from hackers:In the dynamic world of cryptocurrency, securing your Bitcoin is paramount. Losing access to your wallet can be devastating, and unfortunately, Bitcoin theft is a very real threat. While Bitcoin’s underlying blockchain technology is inherently secure, the vulnerabilities often lie in how users store and manage their private keys, granting access to their precious digital assets. Understanding common attack vectors and implementing robust security measures are crucial for preventing disaster. This article outlines practical steps you can take to fortify your Bitcoin holdings against hackers.## Understanding Common Hacking TacticsBefore implementing security measures,…

More Than Just Cryptocurrency: Why Blockchain Matters Blockchain technology has often been associated with cryptocurrencies like Bitcoin and Ethereum, leading many to dismiss it as a niche interest. However, its applications extend far beyond digital money—and ignoring it means missing out on a revolution reshaping industries from supply chain management to healthcare. Here’s why blockchain should matter to you, even if you’re not a crypto enthusiast. Decentralization: The Foundation of Trust At its core, blockchain is a distributed ledger system that records transactions across multiple computers rather than a single central authority. This decentralization makes it remarkably secure and reliable…

Nikolai Chesnokov, chancellor of Moscow’s State Academy of Physical Education, died on Thursday at the site of a World War II–era monument in the Russian city of Volgograd, according to reports in the local media. He was 68. Chesnokov had traveled to the city to attend a national sports event associated with the school and took part in an unofficial visit inside a 279-foot Soviet-era statue, which stands atop Mamayev Kurgan, the site of the Battle of Stalingrad. According to local outlets, he collapsed while while touring the statue’s interior. Related Articles After being pronounced dead at the scene, authorities…

TL;DR: We are excited to announce that the applications are now open for the fifth cohort of the Ethereum Protocol Fellowship (EPF5). The EPF provides a pathway for aspiring protocol contributors to make meaningful contributions to Ethereum. In each cohort, a diverse group is assembled to work toward advancing Ethereum’s technology during the fellowship. This includes everything from the development of client implementations, testing and specifications, and participating in the latest core protocol research. The program provides fellows with a unique opportunity to collaborate with other talented individuals, to engage with current Ethereum core developers and fellowship peers, and to…

TL;DR The XRP Army, arguably the loudest niche of the cryptocurrency community, frequently posts about the asset’s market potential, but some forecasts can go into the ‘ridiculous’ category. Although many might seem far-fetched, at least for the current market prices, ChatGPT noted that a double-digit price tag is not out of the question. $29, $55? Although XRP has been the object of countless massive price predictions, even before its explosive rally at the end of last year, we will focus on a more summarized version from this article, where the first two targets were set at $29 and $55. The…

Introduction to Smart Contracts Smart contracts are self-executing agreements with the terms directly written in lines of code. They automate the enforcement and execution of business rules, eliminating the need for intermediaries while improving transparency and security. Built on blockchain technology, smart contracts ensure that once predefined conditions are met, the agreed-upon actions are carried out without human intervention. How Smart Contracts Work At their core, smart contracts operate based on the "if-then" logic. They are programmed to perform specific actions if certain conditions (the "if") are fulfilled. For example, a smart contract could automatically transfer funds (the "then") once…