Author: Kryptonews

Paraguayan authorities have disrupted an attempted theft at a crypto mining facility near the Itaipu hydroelectric dam, resulting in one arrest and the deportation of three foreign nationals.On May 15, prosecutor Irene Rolón confirmed that four individuals were intercepted after breaking into a restricted section of Teratech SA’s mining site in Coronel Bogado.The group was caught shortly after breaching the secured area, prompting immediate action from local police.Three Chinese Nationals Deported in ParaguayThree of the suspects, identified as Chinese nationals Jinping Duan, Tian Jianyun, and Zheng Guanglong, were deported after authorities discovered they had no official entry records.Investigators believe they…

Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to Scott Melker, a crypto analyst and host of The Wolf of All Streets podcast.Speaking in a recent interview, Melker cited growing institutional interest and diminishing volatility as key factors that could drive the next leg up.“250K this year, totally possible,” Melker said, adding that Bitcoin (BTC)’s volatility has declined significantly in recent years.“It used to be about three times as volatile as the S&P. Now it’s less than two times.” He pointed to increased involvement from pension funds and ETF issuers as evidence…

Introduction to Decentralized Finance (DeFi) Traditional financial systems rely on centralized institutions such as banks, stock exchanges, and payment processors. However, these systems often come with limitations, including high transaction fees, slow processing times, and exclusivity. Decentralized Finance (DeFi) emerged as a disruptive alternative, leveraging blockchain technology to eliminate intermediaries and create a more transparent, accessible, and efficient financial ecosystem. The Rise of Blockchain in DeFi Blockchain technology forms the backbone of DeFi, providing a secure, decentralized, and transparent infrastructure for financial transactions and services. Unlike traditional finance, where transactions are recorded privately by institutions, blockchain ensures that all transactions…

Jessie A Ellis May 16, 2025 09:16 Gala Music unveils The Hot Box Mystery Box, featuring exclusive music NFTs, digital rewards, and surprise giveaways in collaboration with Metaflora and LionHeart Entertainment. Gala Music Unveils The Hot Box Mystery Box Gala Music has announced the launch of The Hot Box Mystery Box, a new digital offering filled with exclusive music NFTs, digital collectibles, and surprise giveaways. This exciting release is crafted in partnership with Metaflora and LionHeart Entertainment, aiming to highlight the works of independent artists and novel music genres. Contents of The Hot…

Kingstown, St. Vincent and the Grenadines, December 17th, 2024/Chainwire/–MINGO, a digital wallet built on the Hedera Hashgraph network, introduces an NFT-based Programmable Digital Ticketing (PDT) system to innovate the ticketing industry. By addressing critical issues such as fraud, scalping, and resale inefficiencies, MINGO delivers a secure and transparent solution trusted by leading names in sports and entertainment.MINGO’s native token $MINGO is set to go live on Coinstore on Wednesday, December 18th, and more exchanges including BitMart by the end of the year, marking another milestone in MINGO’s mission to drive Web3 adoption.Trusted by Industry Leaders World Boxing Council (WBC) Fight…

Nearly $3 billion in Bitcoin and Ethereum options contracts are set to expire on Friday, potentially triggering short-term volatility and influencing market sentiment. Traders should prepare for possible price swings and increased market activity. Approximately $3 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts are expiring before the start of the weekend. This significant event could lead to heightened volatility, as options expirations often result in increased trading activity and rapid price movements. With Bitcoin trading around $102,871 and Ethereum at $2,309, investors are closely watching for possible market shifts. Key technical points, Options Expiry Volume: Approximately $3…

The Rise of Cross-Chain Technology Decentralized finance (DeFi) has grown exponentially over the past few years, offering users financial services without traditional intermediaries. However, its full potential remains limited by the siloed nature of blockchain ecosystems. Each network operates independently, hindering seamless asset transfers and application interoperability. Cross-chain technology is revolutionizing this structure by enabling communication, data exchange, and asset transfers between different blockchain networks. This interoperability removes barriers, empowering DeFi applications to break free from the limitations of a single chain. How Cross-Chain Technology Works At its core, cross-chain technology allows for interaction between independent blockchain networks, such as…

It’s been a month since Solana revealed Confidential Balances, a set of extensions that add new layers of confidentiality for asset owners and token issuers. The move resembles an effort to enhance privacy features without sacrificing necessary compliance. BeInCrypto consulted Pat Zhang, head of research at WOO X, to analyze how these latest developments might influence user adoption and the broader Solana ecosystem. Confidential Balances: Upgrading Privacy on Solana In April, Solana expanded the specialized extensions originally developed under its Token2022 program. This latest development, renamed Confidential Balances, upgrades the level of confidentiality users can access beyond the previous Confidential…

In brief Benchmark Equity Research raised its target for COIN to $301. Coinbase shares were trading 7% higher on Friday. COIN’s gains followed the stock’s addition to the S&P 500 earlier this week. Coinbase’s stock jumped 9% on Friday following its addition to the S&P 500 and subsequent upgrade by analysts, and despite the crypto exchange’s admissions earlier this week that it had suffered a major data breach and remains under investigation by federal regulators.Benchmark Equity Research raised its target for Coinbase’s stock to $301 on Friday—a 19% increase from its previous prediction of $252, according to the firm’s May…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. After a strong rally that pushed Ethereum to a local high of $2,730, the asset has retraced over 10%, now testing key support levels as the market cools off. The correction comes after days of heavy buying pressure and…