Author: Kryptonews

Robinhood submitted a 42-page proposal to the US Securities and Exchange Commission (SEC), calling for a national framework to regulate tokenized real-world assets (RWAs).The brokerage is seeking to modernize financial infrastructure by making tokenized assets legally equivalent to their traditional counterparts and enabling compliant onchain settlement, Forbes reported on May 20.In the proposal, Robinhood also revealed plans for creating the Real World Asset Exchange (RRE), a trading platform offering offchain trade matching and onchain settlement for efficiency and transparency.Robinhood is advocating for uniform federal standards to replace the patchwork of state-level securities regulations that currently apply. The platform would also…

An under-the-radar Nasdaq-listed company is reportedly raising hundreds of millions of dollars to acquire crypto assets, including Official Trump (TRUMP), the President’s own meme token. According to a new report from The Wall Street Journal, GD Culture Group – a New York-based artificial-intelligence (AI) software firm with a market value of about $26 million – has raised $300 million to purchase digital assets such as Bitcoin (BTC) and TRUMP. The report says that the firm’s main investor is based in the British Virgin Islands, but no specific entity or person was named. The deal appears to be structured as an…

Jennifer Sanasie is an executive producer and senior anchor at CoinDesk, with over a decade of journalism experience across the U.S., Canada, and South Africa. Beyond media, she has worked closely with Web3 companies on marketing, content, and business strategy.Jennifer holds an MBA from the Rotman School of Management, a Master of Laws in Innovation and Technology from the University of Toronto, a BA in Media Studies from the University of Guelph, and a Journalism Diploma from Humber College.She owns BTC, ETH, SOL, USDC, USDT, G7, and DCNT. She also holds a mix of NFTs, altcoins and memecoins worth under…

US Senate Democrats are getting flak after they helped move stablecoin legislation ahead for discussion on the Senate floor.On May 19, 16 Democratic senators broke from the party line to pass a motion to invoke cloture, which will now set the bill up for debate on the Senate floor. Some of the same Democrats had held up the bill in early May when they withdrew support, citing corruption concerns over President Donald Trump’s cryptocurrency dealings.The bill’s opponents hailed lawmakers’ refusal to support it but were soon taken aback when the senators reversed their position. The lightly amended legislation contained no…

Introduction to Scalable & Secure Blockchain Platforms Blockchain technology has evolved from its early beginnings as a niche financial tool to a broader ecosystem supporting decentralized applications (dApps), decentralized finance (DeFi), and more. However, scalability and security remain top priorities for enterprise and institutional adoption. Many blockchain platforms have emerged, but only a few stand out for their ability to handle high transaction volumes while maintaining robust security. Top Blockchain Platforms for Scalability & Security Ethereum 2.0 (Eth2) Ethereum 2.0 is one of the most anticipated upgrades in blockchain history, transitioning Ethereum from proof-of-work (PoW) to proof-of-stake (PoS). Its move…

The ftNFT YoCerebrum Awards 2024 invites everyone to participate in the final voting phase to celebrate excellence in the NFT space.The voting period runs from November 6-10, 2024.The jury voting took place from November 1 to November 5, where a group of distinguished experts meticulously evaluated the submissions. During the jury phase, three nominees were selected from each category to move forward to the public voting stage. Now, it’s time for the blockchain voting phase.Meet the Jury During this period, NFT enthusiasts and the wider community will have the opportunity to cast their votes via the blockchain, ensuring a transparent…

Just a month and a half ago, this article would have made no sense when BTC’s price tumbled below $75,000 and the main speculations within the community turned on whether the bull run had abruptly ended. Yesterday, bitcoin’s price stood at $30,000 higher, and it came just 2% away from breaking its all-time high from January. It sits slightly lower now, but there’s something in the air that suggests a new peak is coming. Let’s see what on-chain data and some technical indicators will say about that. The Bull Case We begin with large accumulations. After all, prices tend to…

Bitcoin and fiat currency represent fundamentally different approaches to money and value exchange. Understanding their characteristics, strengths, and weaknesses is crucial in navigating the evolving financial landscape. This article will delve into a head-to-head comparison, highlighting key distinctions between these two dominant monetary systems.## Decentralization vs. Centralized ControlOne of the most significant differences lies in their governance. Bitcoin operates on a decentralized network, secured by cryptography and a distributed ledger technology called blockchain. No single entity controls it. Transactions are verified by a network of miners, ensuring transparency and immutability. This contrasts sharply with fiat currency, which is issued and…

Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that leverages artificial intelligence natively. On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured $18 million in a funding round led by Andreessen Horowitz (a16z) Crypto, a16z’s crypto and Web3 venture capital arm. Led by Neville, the company aims to realize its vision of a fully regulated financial institution for the AI economy. The company said it will be built for AI agents and human collaborators and will be operated by AI workers with human oversight…

Blockchain technology has evolved beyond its origins in cryptocurrency, now powering diverse applications ranging from supply chain management to healthcare. At the heart of this evolution lies a fundamental debate: the choice between public and private blockchains. Each variant offers distinct advantages and disadvantages in terms of security, scalability, and costs. Here’s a detailed comparison to help stakeholders make informed decisions. Security: Permissionless vs Permissioned Networks Public blockchains operate on a permissionless model, meaning anyone can participate, validate transactions, and maintain the network. Their security relies on cryptographic algorithms and consensus mechanisms like Proof of Work (PoW) or Proof of…