Author: Kryptonews

ConSensys has acquired the crypto wallet infrastructure provider Web3Auth, which it says will bolster the user experience for its popular crypto wallet offering MetaMask.ConSensys said in a June 2 blog post that the acquisition, which it did not share further details on, “will greatly improve MetaMask user experience by addressing one of the biggest risks in self-custody today: seed phrase management.”It claimed that 35% of crypto wallet users are at risk of losing their funds as they do not keep a backup of their seed phrase — a string of up to 24 words that allows full access and control…

USDT0, a popular stablecoin protocol, has introduced an exclusive gold-backed token on the well-known decentralized blockchain platform TON Network. As per USDT0, the exclusive gold-backed token $XAUt0 is now live on The Open Network (TON) while expecting broader expansion on the DeFi-focused blockchains. The platform took to its official X account to reveal this development. XAUt0 is here.@tethergold laid the groundwork for onchain gold. Now, it accelerates.The most trusted gold-backed asset will be available on the world’s leading blockchains via a unified, frictionless liquidity layer – starting now with @ton_blockchain.Your XAUt, anywhere. pic.twitter.com/Nde0z29BJd— USDT0 (@USDT0_to) June 2, 2025 USDT0 Announces…

Bitcoin (BTC) dropped nearly 8% from its May 22 all-time high, near $112,000, ending a 50% climb over 45 days that began on April 7, when BTC reached its yearly low at $74,441.20.According to the June 2 “Bitfinex Alpha” report, a Court of Appeal decision reinstating disputed US import tariffs pushed 30-year Treasury yields above 5% for the first time since 2009 and triggered broad risk-off moves. Foreshadowing turbulenceSpot Bitcoin exchange-traded funds (ETFs) highlighted this movement. Investors added $6.2 billion in Bitcoin exposure through these investment vehicles in the first four weeks of May while withdrawing $2.7 billion from gold ETFs,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While Ethereum (ETH) has posted impressive gains of 37.7% over the past month, the second-largest cryptocurrency by market capitalization still remains over 33% below its June 2024 levels. However, recent technical and on-chain indicators suggest that ETH may be on the verge of a significant breakout. Ethereum Prints Bullish Morning Star Candlestick Pattern In a post on X earlier today, crypto trader Merlijn The Trader highlighted a potentially bullish development on the Ethereum monthly chart. According to Merlijn, ETH has printed a Morning Star candlestick pattern –…

Bitcoin’s surge in popularity has unfortunately attracted a darker side: scammers. As more people invest, the opportunities for fraudulent activity increase. Protecting your investment requires vigilance and understanding of common scams. This article will outline prevalent Bitcoin scams and provide practical tips to safeguard your assets. Phishing Scams: Hook, Line, and Sinker Phishing, the oldest trick in the book, remains highly effective. Scammers impersonate reputable Bitcoin exchanges, wallet providers, or even government agencies. They send emails or text messages with urgent calls to action, often prompting you to click on malicious links. These links lead to fake websites designed to…

Introduction to Smart Contracts in Real Estate The real estate industry has long been burdened by inefficiencies, from slow transaction times to middleman costs. Smart contracts are revolutionizing this landscape by automating property transfers, enforcing agreements securely, and reducing reliance on intermediaries. Built on blockchain technology, these self-executing contracts streamline processes while ensuring transparency and immutability. How Smart Contracts Work in Real Estate Smart contracts operate using predefined rules encoded in blockchain, triggering actions once specific conditions are met. For instance, in a property sale, these conditions might include the buyer’s payment confirmation, title clearance, and regulatory compliance. Once all…

On Monday, Whitney Museum director Scott Rothkopf sent the museum’s Independent Study Program an email in which he said he would “pause” the program’s 2025–26 academic year. “Today, the program is without a Director,” Rothkopf wrote in that email, which was obtained by ARTnews. “This leadership gap has strained both the strategic vision and the day-to-day operations of the program. We respect the enormous commitment participants make when joining the ISP.” Rothkopf further wrote that “this period of institutional reflection is in keeping with the spirit and values of learning, inquiry, and critical practice that are foundational to the ISP…

Today’s episode is sponsored by CME Group.Today’s Stories:Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorganTaiwan hopes to propose special crypto law by end of November: lawmaker | The BlockEastern Asia: Do Recent Hong Kong Developments Signal More to Come for China and Region at Large?From our sponsors:CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin andether trading. These cash-settled contracts give full exposure to crypto performance without thehassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in atransparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more.Disclaimer:This communication is not directed…

The Ethereum Foundation (EF) merged its protocol research and development units under a single banner, called Protocol, on June 2.The new initiative focuses resources on three technical priorities: scaling the base layer, expanding blob capacity for layer-2 networks, and enhancing the user experience.The three-track planProtocol will steer code writers, researchers, and project coordinators toward a shared roadmap that treats those priorities as the sole benchmarks for funding and staffing. Tim Beiko and Ansgar Dietrichs will guide work on the base-layer scale, Alex Stokes and Francesco D’Amato will oversee layer-2 throughput and blob design, and Barnabé Monnot and Josh Rudolf will direct…

The #1 Investment Warren Buffett Says to Avoid in [Year] Billionaire investor Warren Buffett is known for his disciplined approach to investing, often advising investors to avoid risky, speculative ventures. At the annual Berkshire Hathaway shareholder meeting, Buffett typically shares his views on Emerging investment trends, and in [Year], he spoke strongly against putting money into one particular type of investment: cryptocurrencies. Why Buffett Dislikes Cryptocurrencies Buffett has never minced words when it comes to digital assets like Bitcoin and Ethereum. He describes them as "rat poison squared" and "speculative bubbles" rather than legitimate investments. His skepticism stems from several…