Author: Kryptonews

Key NotesMihailo Bjelic is stepping away from the Polygon Foundation to pursue other endeavors.Currently, Sandeep Nailwal is the only co-founder on the Polygon Foundation board.POL price has recorded a 4% drop after the announcement. Mihailo Bjelic, one of the co-founders of Polygon, has decided to step down from the board of the Polygon Foundation. This makes him the third founder to walk away from the protocol after Jaynti Kanani and Anurag Arjun. According to his post on X, Bjelic plans to stick around, cheering on Polygon from the sidelines. Why is Bjelic Stepping Down From Polygon Leadership? Though not explicitly…

The following is a guest post and opinion of Arthur Iinuma, Principal consultant and Founder of Iinuma.io.While good tokenomics cannot save unsound projects, even the most promising network launches can fail from poor token design.Spectacular flameouts like Terra LUNA and Celsius expose the dangers of financial sleight-of-hand—algorithmic stablecoins and yield schemes masquerading as innovation. But there are many more otherwise high-potential projects committing economic suicide through easily avoidable mistakes. Blue-chip projects with genuine technical merit and legitimate use cases, like Aptos, have watched billions in market cap evaporate overnight due to mismanaged token unlocks and poor communication. It’s critical for crypto…

Ethereum price rally has stalled in the past 15 days, but Polymarket traders and technicals point to more upside in the coming weeks.  Ethereum (ETH) traded at $2,550 on Saturday, a few points below this month’s high of $2,735. It has jumped 85% from its lowest level this year.  Most Polymarket traders believe that ETH price will jump to $4,000 in 2025. A poll shows that the odds of this happening have risen to 40% from last month’s low of 16%. These odds are at their highest level since March 1. Moving to $4,000 would imply a 60% surge from…

Bitcoin has captivated investors worldwide with its volatile yet potentially rewarding history. After a period of significant correction, the question on everyone’s mind is: can Bitcoin surge to a new all-time high? The answer, as always, is complex, with experts offering a range of perspectives. Let’s delve into their insights.## Current Market DynamicsBitcoin’s price is influenced by a confluence of factors, including macroeconomic conditions, regulatory developments, and investor sentiment. Recent events like inflation concerns, interest rate hikes by central banks, and geopolitical instability have contributed to market uncertainty. However, increased adoption by institutional investors, the growing popularity of Bitcoin ETFs,…

The Environmental Footprint of Blockchain Consensus One of the biggest criticisms of blockchain technology is its significant environmental impact, largely due to the energy-intensive consensus mechanisms used to secure transactions. Proof-of-Work (PoW) and Proof-of-Stake (PoS) are the two most popular consensus algorithms, but they vary drastically in energy consumption. This article explores both models to determine which is greener. What is Proof-of-Work? PoW is the original consensus mechanism, made famous by Bitcoin. It requires miners to solve computationally intensive mathematical problems to validate transactions and create new blocks. This process demands massive energy resources because powerful hardware (like high-end GPUs…

**Imagine a scenario where you store coins or tokens in your wallet in jars, similar to the ones you would use in your pantry or kitchen.** In the first jar or envelope, I’ll put 100 DAI for monthly subscriptions, in the second jar I’ll put 1000 DAI for a long-awaited purchase, and in the third jar – 1 ETH, 2000 DAI, and 1000 USDC for investment. It’s important to separate household, investment, research, etc. wallets to enhance security, but within these wallets, there may also be a need to separate tokens into envelopes.The wrapNFT, a type of NFT 2.0, will…

Today’s episode is sponsored by CME Group.To get the show every day, follow the podcast here.Sales of Solana Phone Surge as Traders Chase BONK ArbitrageTradFi Goes All-In on Fed Rate Cuts. What It Means for BitcoinFrom our sponsors:CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more.Disclaimer:This communication is not directed to investors located in any particular jurisdiction and is not…

Hello, Devcon awaiters! We are thrilled to announce the venue where we’ll meet for Devcon 7 in Southeast Asia from November 12-15! This year we are transforming the QSNCC – Queen Sirikit National Convention Center into a lively world that showcases our community spirit, and all of the innovation being worked on in the Ethereum ecosystem. For easier bookmarking, find a maps link to the venue here! Venue spotlight: QSNCC & the Devcon experience Imagine stepping into the vast corridors of the QSNCC, a massive convention center with a very distinct charm. This November, we’ll transform these striking walls into…

Blockchain technology is transforming the real estate industry by speeding up transactions, reducing costs, and enhancing transparency. Traditional real estate closings can be lengthy and cumbersome, involving multiple intermediaries and paperwork. However, blockchain-based solutions are streamlining these processes, making them faster, more secure, and efficient. The Problem With Traditional Real Estate Closings Traditional real estate transactions often face delays due to manual processes, lack of transparency, and reliance on intermediaries such as banks, title companies, and attorneys. Paperwork, verification, and trust issues can prolong closing times, sometimes taking weeks or months. Many stakeholders must validate transactions, increasing the risk of…

A federal jury in Brooklyn has found Braden John Karony, former CEO of SafeMoon, guilty of conspiracy to commit securities fraud, wire fraud, and money laundering. The conviction follows an extensive 12-day trial and an 18-month investigation into one of the most high-profile crypto fraud cases in recent memory. Prosecutors alleged that Karony and his associates deliberately deceived investors by falsely claiming SafeMoon’s liquidity pool was locked and untouchable, when in reality, they were stealing millions from it to fund a lavish lifestyle. According to the official press release by the DOJ, evidence presented in court revealed that Karony used…