Author: Kryptonews

Introduction to Smart Contracts In the world of blockchain and distributed ledger technology, smart contracts have emerged as a revolutionary tool for automating agreements and transactions without intermediaries. They leverage the security and transparency of blockchain networks to ensure contract terms are executed reliably once predefined conditions are met. This guide provides a beginner-friendly overview of smart contracts, covering their basics, how they work, benefits, and real-world applications. What Are Smart Contracts? Smart contracts are self-executing agreements programmed on a blockchain. They automate tasks such as the transfer of digital assets, the enforcement of rules in a supply chain, or…

Banks need to be part of crypto for stablecoins to succeed—that was the message from Jose Fernandez da Ponte, PayPal’s senior vice president of digital currencies, during a panel discussion at Consensus 2025 in Toronto.”It might sound counterintuitive, but you do want the banks in this space,” Fernandez da Ponte said, adding that their infrastructure—from custody to providing fiat rails—will be essential if stablecoins are to scale beyond crypto-native circles. “You want that connectivity and that fabric to work.”His remarks came amid efforts to bring regulatory clarity for digital assets in the U.S., with lawmakers inching closer to pass stablecoin…

In brief Myriad Markets top markets this week include the size of Strategy’s next Bitcoin buy, the NBA playoffs, and Switch 2 pricing. Predictors think Strategy (MSTR) will add more than 10,000 Bitcoin, continuing the recent trend. Odds on Myriad have swung to favor the Oklahoma City Thunder to win the NBA Championship, even more than on traditional sportsbooks. As one of crypto’s fastest-growing consumer applications, prediction markets allow users to show off their knowledge of politics, pop culture, sports, gaming, and more. On Myriad Markets, predictors can use USDC or Myriad Points and participate in real-time markets that track the…

Stablecoin regulation is “the next catalyst” for the crypto industry and could lead to unprecedented “appetite from institutional investors,” according to Ash Pampati, head of ecosystem at the Aptos Foundation.In an interview with Cointelegraph at Consensus 2025 in Toronto, Pampati said that “the whole world outside of the United States […] has already jumped onto this [stablecoins],” adding that “the US is […] at the doorstep.” “I really think about new use cases that can emerge because of the borderless nature of stablecoins, because of the efficiency of the dollar onchain,” he said. “If you’re trying to send money to…

The Future of Trust: How Blockchain is Revolutionizing Industries Beyond Crypto Blockchain technology has long been associated with cryptocurrencies like Bitcoin and Ethereum, but its applications extend far beyond digital currency. The decentralized, immutable, and transparent nature of blockchain makes it a game-changer for industries ranging from healthcare and supply chain management to voting systems and intellectual property protection. Building Trust Through Decentralization One of the most significant advantages of blockchain is its ability to operate as a decentralized system. Unlike traditional databases controlled by a single authority, blockchain networks distribute data across multiple nodes, ensuring that no single entity…

Telegram’s founder Pavel Durov has taken direct aim at Meta-owned WhatsApp, calling it a “cheap copycat” and accusing it of launching smear campaigns against his platform.His May 15 comments accompanied the announcement of a new $50,000 contest to showcase Telegram’s features. The competition will run until May 26.‘Watered-down’Durov said the contest will showcase Telegram’s long-standing innovation and leadership in messaging features.According to Durov, WhatsApp users are stuck with delayed versions of features that Telegram had already introduced years ago. He asserted that the contest would help inform users and shift public attention to Telegram’s role as a trendsetter in the messaging…

Key Takeaways:Solana formed a megaphone chart pattern with a potential $210 price target. Solana’s ecosystem growth highlights renewed investor interest with a $4 billion realized cap increase and 731 million transactions.Solana (SOL) price tested its key resistance at $180 earlier this week, but the altcoin failed to establish a position above the level. Over the past few days, SOL has consolidated above the $170 mark, but prices have dropped 5.65% since May 14.Including the recent minor dip, Solana has formed a megaphone pattern on the 4-hour chart, a classic technical setup indicating increasing volatility. Solana 4-hour chart. Source: Cointelegraph/TradingViewThe chart…

The world of blockchain technology is rapidly evolving, transforming industries from finance to entertainment through increased security, transparency, and efficiency. As we step into 2024, several promising startups are emerging at the forefront of this revolution. Here’s a look at some of the top blockchain startups shaping the future of various sectors. Blockchain Startups in Finance One of the most impactful applications of blockchain has been in the financial industry, with startups like Consensys leading the way. Known for its suite of Ethereum-based tools, Consensys powers decentralized applications (dApps) and financial infrastructure, helping institutions manage risk and compliance through blockchain…

An intriguing week-long vote surrounding OG NFTs kick-started today! Machi Big Brother, an NFT titan, has proposed 11 million $APE to acquire diverse blue-chip digital collectibles — Bored Apes, CryptoPunks, and Mutant Apes, among others — to spotlight in international museums. Quick Takes: Machi has proposed 11 million $APE purchases a variety of blue-chip NFTs. The OG NFTs will feature in museums worldwide if the proposition goes ahead. Hindering selling pressure, $APE donors will receive a new token called $DAM. The Weight Behind Machi’s $APE Proposal  Suppose Machi’s new plan for NFTs to hit international museums gets the nod of approval, $APE holders will…

Key NotesApril PPI rose 2.4% year-over-year, a positive inflation figure below expectations.Core PPI fell 0.4% month-over-month, also signaling cooling inflation.Bitcoin price dropped over 24 hours, but it may be nearing a local bottom, a springboard for a rebound. The financial market received fresh signs of cooling inflation in the United States on Thursday following the Producer Price Index (PPI) report. The preferred inflation gauge pointed to weaker-than-expected producer prices. The released data triggered immediate attention from traders as Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B and top altcoins reacted. US Inflation Cools…