Author: Kryptonews

Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam.According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the men were caught by police soon after breaking into a locked section of Teratech SA’s facility in Coronel Bogado, leading to their arrest.Prosecutors believe the men may have had ties to Teratech as independent contractors, but are still waiting on official confirmation from the company’s CEO.The three deported were Chinese nationals Jinping Duan, Tian Jianyun and Zheng Guanglong, who did not have official entry…

Introduction to Smart Contracts In simple terms, a smart contract is a self-executing agreement with the terms of the contract written directly into lines of code. It automates the enforcement and execution of an agreement, eliminating the need for intermediaries like lawyers or banks. Once deployed on a blockchain, it cannot be altered or tampered with, making it a transparent and trustworthy way to conduct transactions. How Smart Contracts Work in Basic Steps Writing the Contract (Coding Phase)A smart contract is created using programming languages (like Solidity for Ethereum) to define the rules and logic of the agreement. For example,…

LITECOIN (LTC): A decentralized, open source, peer-to-peer cryptocurrency LITECOIN QUICK STATS TYPE:Currency CREATION DATE:October 7, 2011 DEVELOPMENT STAGE:Full Release CURRENT SUPPLY:55,320,933 TOTAL SUPPLY:84,000,000 ALGORITHM:Scrypt PROOF TYPE:Proof of Work BLOCK TARGET:2.5 Minutes CoinPayments provides Litecoin payment processing options that allow merchants to receive, send and store Litecoin. Furthermore, CoinPayments was the FIRST crypto payment processor to integrate Litecoin payments. See our site from back in 2013 – you can also see how far we have come on the web design side of things 🙂 Litecoin is an open source global payment network that is fully decentralized on a secured network that…

Bitcoin at $85,631 records an intraday recovery of 1.24%. This marks a bullish continuation after a price surge of 1% on Monday.  This week, Bitcoin has created two consecutive bullish candles, surpassing the 200-day EMA line at $85,000. With this new recovery rally, is Bitcoin heading towards the $87,000 level breakout? Let’s find out. Bitcoin (BTC) Price Analysis In the daily chart, the BTC price trend has surpassed the local resistance trendline. Furthermore, the V-shaped recovery in Bitcoin starting from the $76,000 mark has concluded the long pullback phase.  Bitcoin Price Chart Currently, the trendline breakout rally in Bitcoin is…

Key takeaways: Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces. On-chain data suggests the current profit taking is too weak to extinguish Bitcoin’s current price momentum. Bitcoin (BTC) price has spent the bulk of the week pinned below $104,000 to $105,000, which many analysts have labelled as a resistance zone, but an alternative view suggests that BTC is simply consolidating within a bull flag. A bull flag is a continuation pattern that is characterized by a period of sideways price action following…

The Core Principles of Decentralized Security Blockchain technology is often described as "nearly hack-proof" due to its unique architecture and the principles that govern its security. Unlike traditional centralized systems, which rely on a single point of control, blockchain’s decentralized nature makes it exceptionally resistant to manipulation. This resistance stems from its underlying design, which combines cryptographic security with a distributed network that maintains collective trust. How Decentralization Enhances Security The core strength of blockchain lies in its decentralized structure. Rather than a single server storing all the data, multiple nodes across the network hold copies of the entire ledger.…

Animoca Brands — a groundbreaking force in digital property rights for gaming in the open metaverse — has obtained $20 million in funding to enhance its flagship project, ‘Mocaverse’. Quick Takes:  Animoca Brands secures $20 million to boost its Mocaverse metaverse.  CMCC Global led the funding round, backed by other prominent investors.  The funds will go toward uplifting Web3 gaming, culture, and entertainment. Web3 Powerhouses Supporting Animoca Brands Anomica Brands recently shared its impressive achievement of garnering $20 million in a funding round! The blockchain-based gaming company has hit its target to advance Web3 gaming, culture, and entertainment through the Mocaverse. CMCC…

Luisa Crawford May 16, 2025 09:47 Gala Games introduces the Brock Moneyman Mystery Box featuring VEXI characters of varying rarity, offering a unique gaming experience. Limited supply available from May 15, 2025. Gala Games has announced the launch of the Brock Moneyman Mystery Box, a unique offering designed to bring a new level of excitement to the gaming community. The box, which contains a cranky boss VEXI character of random rarity, promises to deliver an engaging experience filled with complaints, eye-rolls, and desk drama, according to Gala News. Exclusive Release Details The release…

Tron is benefiting from its integration with the most popular stablecoin, now holding over 50% of all USDT tokens. Tron (TRX) is once again leading in stablecoin adoption. As of Friday, May 16, more than 50% of all USDT tokens, the largest stablecoin by market cap, were hosted on the Tron blockchain. This means traders now hold more USDT on Tron than on Ethereum (ETH) and all other chains combined. According to TronScan, the total supply of USDT on Tron is currently over $75,7 billion. With USDT’s total market cap at approximately $151 billion, Tron has narrowly crossed the 50%…

Bitcoin, the world’s first cryptocurrency, has captivated investors worldwide with its potential for high returns. However, its volatile nature and complex ecosystem demand a thorough understanding before jumping in. This article explores key aspects to consider before investing in Bitcoin.## Understanding Bitcoin BasicsBitcoin is a decentralized digital currency, meaning it isn’t controlled by a central bank or government. Transactions are verified by a distributed network of computers through a process called mining and recorded on a public ledger called a blockchain. This transparency and independence are core features that attract many to Bitcoin. Understanding the underlying technology and its inherent…