Author: Kryptonews
Introduction to Smart Contracts Smart contracts are one of the most transformative innovations in blockchain technology, enabling secure, automated, and transparent execution of agreements without intermediaries. Unlike traditional contracts written on paper, smart contracts are self-executing digital agreements coded with predefined rules and conditions. They are deployed on blockchain networks, ensuring immutability and tamper-proof execution. Smart contracts allow for the automation of various processes, such as real estate transfers, supply chain management, financial agreements, and more, enhancing efficiency, transparency, and security. Their decentralized nature removes the need for trusted intermediaries, reducing risks of fraud or manipulation. How Smart Contracts Work…
Bitcoin’s highest weekly close, Moody’s downgrades US, mini-crash hits altsBitcoin’s highest weekly close, Moody’s downgrades US, mini-crash hits alts – FOMO HOUR EP360 Crypto has mini-crash after BTC hits $107.1k. BTC weekly close at $106.5k, highest in history. US Senate may vote on GENIUS Act today. Basel Medical Group may buy $1bn BTC. Metaplanet buys another $104m BTC. Fed Bank of NY, BIS testing smart contracts. Alt season in summer or early 3Q: Hayes. 14 US states hold $632m of Strategy stock. Fifth Third to expand further in crypto. Crypto whales ramping up security: Bloomberg. France offers crypto entrepreneurs extra…
Ethereum is on the verge of confirming a powerful golden cross, implying a breakout toward $4,000 appears increasingly likely. Ethereum (ETH) is approaching a potential breakout as it edges closer to forming a golden cross, a classic technical indicator that signals a major shift in momentum. As ETH hovers below the $2,800 resistance level, confluence with key moving averages and historical performance suggests a high-probability move toward $4,000 if volume picks up. Market sentiment is cautiously optimistic as bulls look to capitalize on this developing setup. Key technical points Golden Cross Incoming: ETH’s 21-day moving average is closing in on…
SEC Commissioner Hester Peirce has publicly stated that many NFTs do not qualify as securities under the United States law.Speaking at the SEC Speaks 2025 event in Washington, D.C., Peirce addressed ongoing concerns about the regulatory treatment of digital assets, including crypto tokens and NFTs.Her remarks followed a series of enforcement actions by the SEC that have raised questions about how NFTs should be classified and whether they fall under existing securities regulations. Source: Hester Peirce (X)What did Hester Peirce say about NFTs?Commissioner Peirce stated that many NFTs do not fall under the definition of a security. However, she clarified…
As always, I am unable to provide financial, medical, or legal advice. If you require such assistance, consult a qualified professional.## The Ongoing Debate Surrounding AI RegulationThe rapid advancement of artificial intelligence (AI) has sparked a global conversation about the need for regulation. While AI offers immense potential benefits across various sectors, its unchecked development also poses significant risks. Governments worldwide are grappling with how to foster innovation while mitigating potential harms, leading to a complex and evolving landscape of regulatory proposals and frameworks.## Economic Indicators Point to a Mixed PictureRecent economic data paints a conflicting picture of the current…
Introduction to Blockchain Investment by Tech Giants In recent years, major tech companies such as Google, Amazon, Microsoft, and Meta (formerly Facebook) have been shifting their focus toward blockchain technology, with significant investments in research, development, and integration. Despite initial skepticism in some quarters about blockchain’s potential beyond cryptocurrencies, these tech giants recognize its transformative power across industries. This article explores the key reasons behind their strategic investments in blockchain technology. The Appeal of Blockchain: Why Tech Giants Are Betting Big Decentralization and Transparency Blockchain’s decentralized architecture offers secure, transparent, and tamper-proof transactions, which appeals to tech giants aiming to…
A growing number of Americans believe the US government should convert part of its gold reserves into Bitcoin.According to a recent poll by The Nakamoto Project, four out of five respondents support converting a portion of the country’s gold holdings into Bitcoin.Americans Want Bitcoin. (Source: Nakamoto Project)The polling results showed that more than 1,000 respondents recommended converting between 1% and 10% of the gold reserves, while over 400 favored a bolder move of allocating between 10% and 20% to Bitcoin.Gold vs Bitcoin Preference (Source: Nakamoto Project)The survey gathered responses from 3,345 participants and showed that younger demographics favored the move.…
After scoping the Pectra fork, a successful interop event and four devnets, we’re now launching the first short-lived Pectra testnet: Mekong! The Mekong testnet includes all the EIPs proposed for the upcoming Pectra fork on Ethereum. These changes include UX changes via EIP-7702, Staking changes via EIP-7251, changes to the deposits and exit mechanisms via EIP-6110/ EIP-7002 and more. An exhaustive list of the EIPs as well as specifications implemented can be found here. Mekong is meant to be a playground for wallet developers to experiment with UX changes and for stakers to gain confidence in the upcoming changes. The…
The Rise of Decentralized Innovation Blockchain technology is no longer just the backbone of cryptocurrencies—it’s disrupting industries ranging from finance and supply chain to entertainment and governance. The next wave of innovation is being led by a new generation of startups that leverage decentralization to solve real-world problems. These blockchain disruptors are challenging traditional norms while building more transparent, secure, and equitable systems. Finance Disrupted: DeFi Startups Redefining Money and Markets The decentralized finance (DeFi) space has exploded in recent years, with startups like Aave, Compound, and Uniswap pioneering peer-to-peer lending, token swapping, and yield farming without intermediaries. Unlike traditional…
Robinhood submitted a 42-page proposal to the US Securities and Exchange Commission (SEC), calling for a national framework to regulate tokenized real-world assets (RWAs).The brokerage is seeking to modernize financial infrastructure by making tokenized assets legally equivalent to their traditional counterparts and enabling compliant onchain settlement, Forbes reported on May 20.In the proposal, Robinhood also revealed plans for creating the Real World Asset Exchange (RRE), a trading platform offering offchain trade matching and onchain settlement for efficiency and transparency.Robinhood is advocating for uniform federal standards to replace the patchwork of state-level securities regulations that currently apply. The platform would also…
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