Author: Kryptonews

Introduction Non-Fungible Tokens (NFTs) have gained significant attention in recent years, from digital art and collectibles to gaming and real-world assets. However, their rapid growth has also raised concerns about security and compliance, particularly regarding fraud, intellectual property, and regulatory matters. This convergence of innovation and risk demands careful scrutiny of NFT security practices and legal adherence. The Security Landscape for NFTs Common Risks in NFT Transactions Several vulnerabilities plague the NFT ecosystem, including phishing attacks, counterfeit tokens, and smart contract exploits. Since NFTs operate on blockchain, manipulation may occur through weak implementation of smart contracts or compromised wallet access.…

The family of U.S. President Donald Trump has allegedly sent a cease-and-desist letter to two entities behind a forthcoming — and already heavily disputed — Trump-branded crypto wallet, according to a Thursday report from Bloomberg.Since the announcement of the so-called $TRUMP Wallet (named for the President’s eponymous memecoin) earlier this week, Trump’s three sons — Don Jr., Eric, and Barron — have all publicly repudiated the project, saying that neither the Trump family nor its firm, the Trump Organization, is connected to or otherwise authorized the $TRUMP Wallet.“This project is not authorized by @Trump,” Eric Trump wrote in an X post. “I would be…

The crypto summer is here, and as the Fear & Greed Index approaches greed territory, investors are on the hunt for the next big token that could deliver impressive returns.However, that choice is one of the most difficult ones, as numerous projects emerge on a daily basis, making it hard for traders to decide which is the suitable option.Previous super cycle meme coins have brought the biggest profits, but this time around, utility-based projects are taking the spotlight. That’s why Solaxy ($SOLX) is grabbing all the attention as it combines both with its first Layer-2 solution for Solana.With just 11…

Ethereum is moving to proof-of-stake! The transition, known as The Merge, must first be activated on the Beacon Chain with the Bellatrix upgrade. After this, the proof-of-work chain will migrate to proof-of-stake upon hitting a specific Total Difficulty value.The Bellatrix upgrade is scheduled for epoch 144896 on the Beacon Chain — 11:34:47am UTC on Sept 6, 2022.The Terminal Total Difficulty value triggering The Merge is 58750000000000000000000, expected between Sept 10-20, 2022.Note: as announced earlier, the Kiln testnet is being sunset. Operators will shut down on September 6, 2022. Background Following years of hard work, Ethereum’s proof-of-stake upgrade is finally here!…

The Bitcoin halving is a pre-programmed event that occurs approximately every four years, or after every 210,000 blocks are mined. This event reduces the reward given to miners for verifying transactions on the Bitcoin network by 50%. Historically, halvings have been significant events in the Bitcoin ecosystem, often associated with price increases. With the most recent halving completed in April 2024, many investors are wondering if now is the right time to invest in Bitcoin. Let’s delve into the arguments for and against buying Bitcoin after the halving. Understanding the Halving’s Impact The reason halving events are significant lies in…

The Counterfeit Drug Crisis: A Threat to Global Health Counterfeit pharmaceuticals pose a severe threat to public health, safety, and trust in global healthcare systems. The World Health Organization (WHO) estimates that up to 10% of medications in low- and middle-income countries are either substandard or falsified. In some regions, this number can be as high as 30%. Counterfeit drugs range from ineffective placebos to highly toxic substances, which can lead to treatment failure, adverse reactions, and even death. Moreover, the financial impact is staggering—interpol estimates the counterfeit medicinal trade alone is worth billions annually, undermining legitimate businesses and funneling…

You “watch the coins go up and down” every day, while others are “automatically mining coins to the account”.In 2025, the ecosystem of the cryptocurrency world will have changed. The situation of “whoever buys first makes money” no longer exists, but has become “whoever can find a stable mining cash flow, who can continue to make money”.Nowadays, with the increased volatility of the cryptocurrency market and the prevalence of fraudulent projects, a legal and regulated cloud mining app from Australia is becoming the new favorite of sound investors. It doesn’t speculate on coins, doesn’t store coins, and only relies on…

Key Takeaways: Global search interest for Pi Network has fallen to its lowest point of 2025. Pi Coin IOU trading volume has collapsed by 97% since mid-May. Technical hurdles remain, with Pi Coin still locked in a bearish trend near $0.637. Global search interest in Pi Network has fallen to its lowest level of 2025, raising fresh questions about the project’s momentum just weeks ahead of its flagship event, Pi2Day, on June 28.According to Google Trends, search interest for “Pi Network” now sits at a score of just 5, lower than levels seen before the network’s enclosed mainnet launched.The data,…

Data from the Commodity Futures Trading Commission as of May 27 indicated that institutional investors are increasingly bearish on the U.S. dollar. Asset managers’ net positions on the U.S. dollar are up to $47 billion, near the highest since December 2023. Short exposure has doubled over the last 2 months as the U.S. dollar has accelerated, dropping by 9.5% year-to-date, resulting in its worst performance for this period in 30 years. The euro, the Swiss Franc, and the Japanese Yen have gained +10.1%, +10.3%, and +8.5% against the greenback this year. Dollar depends on coming macroeconomic data The dollar’s in…

The US Senate has confirmed Michelle “Miki” Bowman as President Donald Trump’s pick to be vice chair for supervision for the Federal Reserve, signaling a potential change in the central bank’s regulatory approach after the departure of Michael Barr.In a 48-46 vote on June 4, senators confirmed Bowman to be the vice chair for supervision, allowing her to introduce policy recommendations and oversee the supervision and regulation of companies under the Fed’s authority. Wyoming Senator Cynthia Lummis, often an advocate for cryptocurrencies in Congress, lauded the confirmation as a “turning point for digital assets.” “Miki’s commitment to evidence-based regulation over political…