Author: Kryptonews

Binance is leading all centralized crypto exchanges in stablecoin reserves. According to the latest stats, the crypto exchange currently holds $31 billion in USDT and USDC, which is around 59% of total stablecoin holdings across the sector. This dominance highlights Binance’s outsized role in providing liquidity and facilitating stablecoin-denominated transactions. Stablecoin Inflows Favor Binance When assessing total crypto reserves, Coinbase tops the list with $129 billion in holdings, followed closely by Binance with $110 billion, comprising Bitcoin, ETH, USDT, and USDC, CryptoQuant data revealed. Collectively, the two exchanges have been found to control 60% of the total reserves among the…

Ethereum co-founder and Consensys CEO Joe Lubin believes ETH could ultimately become more valuable than Bitcoin (BTC), citing its utility and role in building a trust-based financial infrastructure.Lubin made the comments during an appearance on Rug Radio’s FOMO Hour podcast, where he also revealed that Consensys is in talks with sovereign wealth funds and major banks in a “very big” country to build infrastructure across the Ethereum ecosystem.These talks reportedly center on building institutional infrastructure within the Ethereum ecosystem, including both layer-1 and customized layer-2 solutions.Lubin framed Ethereum as uniquely positioned to anchor the next phase of the global financial…

Introduction to Blockchain in Food Tracking The food industry faces ongoing challenges in supply chain transparency, food safety, and traceability. Traditional systems often rely on manual data entry, paper-based records, and fragmented communication between stakeholders, leading to inefficiencies and potential risks. Blockchain technology is now transforming this landscape by offering a secure, decentralized, and immutable way to track food from farm to table. Far from being just hype, blockchain is being actively combined with AI, IoT, and Hyperledger fabric to revolutionize how we manage food supply chains. The Problems with Traditional Food Tracking Current food tracking systems are often plagued…

Staking is now a novel way to earn passive income on idle crypto holdings. The blockchain that uses the proof-of-stake consensus mechanism needs stake contributions to secure the network and validate transactions. By contributing to the network’s stability, users who lock up their tokens for a period get rewarded, and what’s sweeter than “free” money?However, the biggest drawback of traditional crypto staking methods is that they lock up liquidity. Once a user has locked up their idle crypto, it is no longer accessible for other functions like trading or even DeFi applications. So, what is liquid staking, and what unique…

Key NotesPi Network outperformed XRP, DASH, and USD1 as the most used digital currency for card top-ups.This positive outlook has not had a sufficient impact on the price of the PI token.Several reasons were blamed for the price decline, but a possible breakout is on the horizon. Pi Network token PI $0.65 24h volatility: 1.5% Market cap: $4.76 B Vol. 24h: $95.78 M is struggling even though the protocol recently claimed a top spot in a cryptocurrency usage poll. Its performance from the week before far outweighs the current outlook by a significant percentage. Notably, it overshadowed XRP XRP $2.26…

Key Takeaways President Trump is reportedly launching a crypto wallet and trading app called ‘$TRUMP Wallet’ in collaboration with Magic Eden. A promotion offering $1 million in ‘Trump Rewards’ is part of the project’s launch, with opportunities to win $TRUMP memecoins. Share this article Donald Trump Jr. on Tuesday confirmed that a crypto wallet from The Trump Organization is on the way, but distanced the team from a new domain claiming to represent the official rollout. Eric Trump also stated the website was unaffiliated. The Trump Organization has zero involvement with this wallet product. @EricTrump and I know nothing about…

Ethereum’s weekly All Core Developer calls are a lot to keep up with, so this “Checkpoint” series aims for high-level updates roughly every 4-5 weeks, depending on what’s happening in core development. See the previous update here. tl;dr: Since the last Checkpoint, the Pectra upgrade shipped and core developers have maintained a heavy emphasis on keeping the next upgrade (Fusaka) lean to get PeerDAS, a scaling unlock, out the door. Fusaka testing is ongoing and developers are still optimistic about a 2025 release date. Proposals for the headlining feature of the upgrade following Fusaka (”Glamsterdam”, ~2026) are being solicited until…

The Evolution of Supply Chains: Why Smart Chains Are Taking Over The modern supply chain has grown incredibly complex, spanning continents and involving countless stakeholders. Traditional systems often struggle with inefficiencies, lack transparency, and make it difficult to trace products from origin to consumer. However, emerging technologies like artificial intelligence (AI) and blockchain are revolutionizing this landscape by transforming conventional supply chains into smart chains. How AI and Blockchain Work Together in Supply Chains AI and blockchain aren’t just complementary—they’re synergistic. Blockchain provides an immutable, decentralized ledger that ensures transparency and trust across the supply chain. Meanwhile, AI’s analytical capabilities…

Key Takeaways:MEXC to be the host keynote speaker of Solana Summit APAC 2025, serves as the main sponsor to showcase the world its ambition to become the leading SOL community.Interactive campaigns, panel insights and VC Demo Day all paint MEXC as much more than the average exchange — this exchange is becoming a Solana powerhouse.Vietnam is on the rise as a DePIN-focused hub, and MEXC is supporting real-world blockchain infra that developers in the region and around the world can really drive with.MEXC steals the spotlight with the strong initiative at Solana Summit APAC 2025 in Da Nang. Immersive experiences,…

Web3-powered sparkling water brand Rekt Drinks has revealed a partnership with NFT marketplace OpenSea to release a limited-edition flavour titled Ship Rekt on June 3.Available exclusively through OpenSea, Ship Rekt is the third flavour release by Rekt Drinks – following their debut Liquidated Lime and follow-up Abstract Apple flavours – and will be a grapefruit and raspberry-flavoured beverage.7,500 total NFTs for Ship Rekt will be available, priced at 0.029 ETH. Each NFT will be able to be redeemed for a 24-pack of the drink – creating a total of 180,000 cans of the Ship Rekt flavour. The drop is set…