Author: Kryptonews

Bitcoin has set a new all-time high, leading analysts to predict that the biggest altcoin season in history might be on the horizon. Their arguments are based on capital flow cycles and the historical behavior of the crypto market. Analysts believe Bitcoin’s excitement will soon spread to altcoins. This article will break down the key factors behind that belief. Why Expect the Biggest Altcoin Season Ever? Analyst Wimar.X highlights one key factor. Historically, each altcoin season tends to begin around 380 days after a Bitcoin Halving event. The most recent Halving occurred in April 2024. Based on this timeline, altseason…

Cetus is offering a $6 million white hat bounty in an effort to recover $220 million in stolen digital assets, while emergency responses from the Sui Network have raised concerns about decentralization.Sui-native decentralized exchange (DEX) Cetus was exploited for over $220 million worth of cryptocurrency on May 22. However, Cetus managed to freeze $162 million of the stolen funds shortly after.Cetus has since offered a white hat bounty of up to $6 million for the exploiter for returning the stolen 20,920 Ether (ETH), worth over $55 million, along with the rest of the stolen funds currently frozen on the Sui…

Introduction to ERC20 Tokens Ethereum’s ERC20 standard has revolutionized the way developers create and interact with digital tokens on the blockchain. ERC20 tokens are exchangeable, programmable, and interoperable, making them ideal for various applications, from decentralized finance (DeFi) to non-fungible tokens (NFTs). This guide provides developers with a comprehensive overview of building, deploying, and integrating ERC20 tokens on the Ethereum network. Understanding the ERC20 Standard The ERC20 standard dictates a set of rules that ensure consistency across tokens, enabling seamless interactions between different smart contracts and dApps. The six mandatory functions every ERC20 token must implement are: totalSupply() – Returns…

[PRESS RELEASE – Canada, Toronto, May 23rd, 2025] International hedge fund Imrat Group, in partnership with one of the world’s leading cryptocurrency platforms, Bybit, has announced the upcoming launch of a new investment product. According to analysts, it could become one of the year’s key developments in the world of digital finance. The instrument targets an active audience interested in cryptocurrencies, trading, and modern methods of earning in the digital economy. Preliminary estimates suggest the product could attract over 65% of users engaged in the decentralized finance market — thanks to its versatility, accessibility, and advanced technological foundation. “We’ve combined…

The Mediterranean Alliance for Wetlands launched a campaign to protect the Urdaibai Biosphere Reserve from an extension of the Guggenheim Museum, which has been trying to expand its Bilbao outpost. “A planned extension of the Guggenheim Museum into the Special Area of Conservation of the Biosphere Reserve risks undermining biodiversity, water quality, and the integrity of conservation frameworks,” a social media post explains of the situation as “77 organisations warn UNESCO, Ramsar Secretariat and the Spanish government about the irreversible consequences of this expansion on biodiversity and water resources.” Related Articles Linked to the post is a petition that has…

Hyperliquid, a decentralized perpetuals exchange operating on its own layer-1 blockchain, has submitted formal comments on 24/7 derivatives trading to the United States Commodity Futures Trading Commission (CFTC).In a May 23 X post, Hyperliquid Labs announced that it has “submitted two comment letters to the [CFTC] in response to its recent Requests for Comment on perpetual derivatives and 24/7 trading.” The team behind the decentralized exchange (DEX) added:“We commend the CFTC for its proactive engagement on these topics, understanding of which is fundamental to the evolution of global markets.”Hyperliquid stated that it is committed to the advancement of the decentralized…

Introduction to DAO Governance Decentralized Autonomous Organizations (DAOs) are revolutionizing decision-making across blockchain ecosystems by democratizing control among stakeholders. Unlike traditional organizations governed by centralized leadership, DAOs distribute authority through smart contracts, on-chain voting, and transparent consensus mechanisms. This allows participants—rather than centralized authorities—to shape policies, allocate resources, and determine the future direction of a project or community. Key characteristics of DAO governance include: Decentralization: No single entity controls the organization. Transparency: All transactions and voting records are public. Community participation: Holders of governance tokens vote on proposals. This model empowers users with real ownership, fosters trust through open-source code,…

Key Takeaways Major US banks are collaborating on a stablecoin initiative to compete with the crypto industry. The project highlights the integration of digital assets within traditional banking infrastructure. Share this article America’s biggest banks are evaluating a collaborative stablecoin initiative to compete with digital asset platforms that are rapidly gaining market share, The Wall Street Journal reported Thursday.Now in early exploration, the effort brings together entities co-owned by JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and other leading American banks, sources with knowledge of the matter told the Journal.Those entities are Early Warning Services (EWS), which operates the…

Bitcoin exchange volume has spiked significantly in recent weeks, fueled by the ongoing market volatility experienced across global economies. Investor uncertainty, stemming from rising inflation, geopolitical tensions, and the fluctuating performance of traditional asset classes, has driven increased participation in the Bitcoin market, both from seasoned traders and newcomers seeking alternative stores of value.## Factors Behind the Volume IncreaseSeveral key factors are contributing to this surge in Bitcoin exchange volume. Firstly, the persistent inflationary pressures in many countries are eroding the purchasing power of fiat currencies. This has prompted investors to explore assets like Bitcoin, which is often viewed as…

Solana, the popular layer-1 network, is seeing strong network activity that may help its price jump to $200 and above. Solana (SOL) was trading at $147.25 on Wednesday, just below last week’s high of $156. It has jumped by over 52% from its lowest level this year. Third-party data indicates that Solana’s network is performing well, and significantly outperforming Ethereum (ETH) in several key metrics. According to Nansen, Solana processed over 410 million transactions in the last seven days, representing a 10% increase from the previous week. This uptick likely occurred as top meme coins in its ecosystem, such as…