Author: Kryptonews

Over a week after the Zksync hacking incident, the exploiter agreed to a bounty and returned a significant portion of the loot. Despite recovering stolen funds, the network’s powering token, ZK, continues to exhibit bearish sentiment. ZKSync Hacker Returns $5.7 Million On April 15, the Ethereum-based  Layer-2 scalability solution, ZKsync, suffered a hack. The compromised account controlled $5 million worth of ZK tokens. As BeInCrypto reported, the incident had caused a 16% price drop. The incident was controversial after some community members noticed some concerning data. The revelations led to dire allegations, with some likening ZkSync to Mantra (OM). To some,…

Bitcoin has revolutionized the financial landscape, offering a decentralized and independent alternative to traditional currencies. However, with its increasing popularity comes the increased risk of theft and fraud. Securing your Bitcoin is paramount to preserving your investment and ensuring your financial security. Fortunately, implementing a few simple but effective measures can significantly bolster your defenses. Choosing a Secure Wallet Your Bitcoin wallet is essentially your digital bank account, and choosing the right one is critical. Various types of wallets cater to different security needs and technical expertise. Hardware Wallets: These physical devices store your private keys offline, making them virtually…

The recent crypto market movement and expert reports show that the altcoin season is approaching. This means that the money is already in circulation, and investors are shifting towards altcoins that have the potential to offer higher returns within a shorter period of time than Bitcoin. Therefore, what are the best altcoins to invest in now? Among others, Solana (SOL), Cardano (ADA), Sui (SUI), and Yeti Ouro (YETIO) are top contenders in 2025. Solana’s great DeFi and NFT development on its speedy network is to be admired. Cardano is also gaining popularity with peer-reviewed development and high staking rewards. Sui provides…

Introduction Blockchain technology has evolved beyond its origins in cryptocurrency to disrupt industries ranging from finance and supply chains to healthcare and governance. Its decentralized, secure, and transparent nature is reshaping how businesses operate, trust is established, and data is managed. This article explores the top blockchain use cases transforming today’s world, demonstrating why decentralization is the future. Blockchain in Supply Chain Management One of the most impactful use cases for blockchain is in supply chain management, where transparency and traceability are critical. Companies like Walmart and Unilever are adopting blockchain to track goods in real time, reducing counterfeiting and…

Bitcoin Suisse secured an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking a major step in the Swiss crypto firm’s expansion beyond the European Union.The Swiss crypto financial service provider received the in-principle approval through its subsidiary BTCS (Middle East), according to a May 21 news release.The IPA is a precursor to a full financial services license, which would allow Bitcoin Suisse to provide regulated crypto financial services such as digital asset trading, crypto securities and derivatives offerings, as well as custody solutions.The approval reflects the firm’s “strong commitment to…

Key takeaways:Bitcoin gained 14% since May 5, breaking $108,000  for the first time since January.Targets of $140,000 and even $200,000 are increasingly discussed for 2025.Bitcoin (BTC) price has climbed by more than 14% since May 5, rallying to $107,000 on May 21.Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin rose 3.6% to a four-month high of $108,000 on May 21 from a low of $104,200 the previous day. The last time BTC/USD traded above this level was on Jan. 20, when President Donald Trump’s inauguration fueled BTC’s price rally to $109,350 all-time high.BTC/USD daily chart.…

Understanding the Core Concepts Transparency and security are two fundamental principles that work hand in hand to build trust in any system, organization, or technology. Transparency refers to the open sharing of information and processes, allowing stakeholders to understand how something operates, whereas security ensures the protection of data, assets, and systems from unauthorized access and harm. Together, they create a foundation for accountability, reliability, and user confidence. Why Transparency Matters Transparency fosters trust and accountability by providing clear insights into operations, decision-making, and data handling practices. For instance, in fintech, transparent algorithms help users understand how financial decisions are…

The South Korean Financial Services Commission (FSC) will mandate non-profit organizations and cryptocurrency exchanges to comply with a strict customer verification process from June.In an official release, the country’s top financial regulator announced that these entities will be allowed to sell digital assets under the new regulations.Non-profits are allowed to sell cryptos that they receive through donations and sponsorships, the release noted. Meanwhile, exchanges can liquidate user fees paid in cryptos.The move arrives at a time when South Korea is reviewing a plan to “gradually allow corporations” to buy, sell, and hold cryptoassets. The country said early this year that…

Responding to Succinct Labs’ real-time proving milestone in the ecosystem, Vitalik Buterin says the Ethereum team hopes to increase the Layer1 gas limit by ten to 100 times. In a recent post, Buterin commented on an X user’s skeptical take on an announcement from Succinct Lab’s co-founder Uma Roy about her team’s recent demo of a full “zkVM” proof system for the ecosystem’s execution layer. Although Buterin does congratulate the Succinct team on their progress, he proceeds to point out four areas that the project — as well as the wider network — needs to tackle in order to make…

When we think of sci-fi, we often picture bleak, dystopian futures—worlds where humanity is fighting for survival in apocalyptic wastelands.Films like The Matrix, Mad Max, and Blade Runner have defined this genre for decades, painting a dark picture of what’s to come. But what if sci-fi didn’t have to be a prophecy of doom? What if, instead, it could offer hope, creativity, and a vision of a better future? That’s where Artisans of Time comes in.Artisans of Time is a regenerative sci-fi script that breaks free from the apocalyptic narrative and presents a utopian world of technological and creative abundance.…