Author: Kryptonews

Semler Scientific, a medical device company, purchased of $50 million worth of Bitcoin between May 13 and May 22, bringing the market value of the company’s Bitcoin (BTC) holdings to $474.4 million, keeping it within the top 13 of BTC Treasury companies.According to a May 23 disclosure, Semler bought a total of 455 BTC for an average purchase price of $109,801. To buy the Bitcoin, Semler Scientific used proceeds from an at-the-market stock offering program. So far, the company has sold roughly 3 million shares of common stock for net proceeds of $115 million.Semler Scientific’s shares have fallen 1.36% on…

Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B reversed gains on May 23 after President Donald Trump announced new trade measures targeting the European Union. The move sent shockwaves across global markets, with Bitcoin and other cryptocurrencies reacting negatively to the revived tensions. Trump’s EU Tariff Plan Sends Market into Panic The digital asset markets woke up to a fresh wave of volatility after President Trump declared a 50% tariff on all goods imported from the European Union. In a post on Truth Social, the president said that discussions with the EU had…

Mihailo Bjelic, co-founder of Ethereum layer-2 scaling solution Polygon, has stepped down from his role at Polygon but suggests he will stay active in the crypto industry in some capacity.His resignation drew reactions across Polygon and the wider crypto community, with several seeing it as a loss for Polygon, which has been tied to several major developments in recent months.Bjelic winds down ‘day-to-day involvement’“After much thought and reflection, I’ve decided to step down from the board of the Polygon Foundation and wind down my day-to-day involvement with Polygon Labs,” Bjelic said in a May 23 X post.“I’ll always be cheering…

Understanding the Risks The world of cryptocurrency is filled with promise but also peril. Scams, phishing attacks, and market volatility can wipe out your investments in an instant. Before diving in, understand that crypto is a high-risk, high-reward space. Never invest more than you can afford to lose, and always prioritize security over convenience. Spotting Common Scams Fraudsters thrive in crypto due to its decentralized nature. Common tactics include: Pump-and-dump schemes: Artificial hype drives prices up before scammers sell, crashing the price. Fake ICOs (Initial Coin Offerings): Unverifiable projects promising unrealistic returns. Phishing attacks: Scammers mimic exchange emails to steal…

In brief WalletConnect’s WCT token is launching on Solana. The integration will be accompanied by an airdrop of 5 million WCT tokens to active Solana users. Further chain integrations are “already in development,” WalletConnect told Decrypt. WalletConnect Token (WCT) is launching on Solana, with 5 million WCT set to be airdropped to the blockchain’s active users.The launch of WCT as a multichain token aims to open WalletConnect to new users and liquidity, and applications throughout the Solana ecosystem.The WCT token powers staking and governance across WalletConnect’s network, and will be used for fees and rewards in the future. Current estimates…

Last week, Ethereum client, testing and research teams from around the world gathered together for a week of intense work on the Pectra network upgrade, PeerDAS and the Verge. Similarly to previous events like Edelweiss 🏔️ or Amphora 🏺, the focus of the Nyota ✨ interop was achieving multi-client interoperability across the different technical tracks. In addition to this, Nyota was preceded with a first of its kind public event: Frontiers Africa, where core devs & researchers spent the day meeting & exchanging with builders from across the region. Frontiers Africa Inspired by the impactful trips that borderless.africa organized in…

Cryptocurrencies, particularly Bitcoin, have captivated the world with their potential for high returns and decentralized finance. However, this popularity has also attracted scammers eager to exploit unsuspecting individuals. Learning to identify red flags is crucial to protecting your investment and avoiding becoming a victim. Unrealistic Promises of Guaranteed Profits One of the most glaring red flags is the promise of guaranteed profits or exceptionally high returns with little to no risk. Legitimate investment opportunities always involve risk. Any platform or individual guaranteeing a specific return, especially one that seems too good to be true, should be treated with extreme skepticism.…

The Rise of Blockchain in Gaming and the Metaverse The gaming and metaverse industries have exploded in recent years, driven by advancements in blockchain technology, virtual worlds, and digital ownership. Beyond just NFTs, startups are now building entire ecosystems around decentralized gaming, virtual economies, and immersive metaverse experiences. These innovative companies are leveraging Web3 tools, play-to-earn (P2E) models, and interoperable assets to redefine how we engage with digital worlds. Gaming’s Blockchain Revolution Blockchain gaming has evolved beyond simple NFT collectibles. Today, startups are developing full-fledged blockchain-native games with intricate mechanics, economy systems, and even interoperability between different virtual worlds. For…

The entire blockchain industry currently finds itself in a state of emptiness. Over the past few years, from ICOs to DeFi, from NFTs to meme coins, few projects have offered real innovation or value to the general public; most are simply chasing short-term gains and speculative opportunities. For many experienced professionals, doubts about the industry’s current path have been growing.Ethereum core developer Péter Szilágyi tweeted a few days ago, expressing concerns about whether he had chosen the wrong industry, revealing deep disappointment. In his view, the blockchain industry is becoming a casino, having little to do with innovation or value…

Bitcoin has had a wild ride since its inception in 2009. From obscure cypherpunk experiment to a globally recognized asset, its journey has been marked by volatility, innovation, and relentless debate. A decade and change later, many are asking the same question: is Bitcoin still poised for long-term growth, or has its moment in the sun passed? The First Decade: A Rollercoaster of Prices and Development Bitcoin’s early days were characterized by extreme price swings and limited adoption. The famous pizza transaction of 2010, where 10,000 BTC bought two pizzas, cemented its early value (or lack thereof). Over the years,…