Author: Kryptonews

In brief Binance has asked a Delaware bankruptcy judge to dismiss FTX’s $1.76B clawback lawsuit, calling it legally flawed and unsupported by facts. The exchange contends that FTX’s downfall was the result of massive fraud orchestrated by its own leadership, not Binance’s actions. Binance also says the court lacks jurisdiction over its foreign entities and that its 2022 tweets were neither false nor misleading. Binance has asked a Delaware bankruptcy judge to toss out a $1.76 billion lawsuit brought by the FTX estate, saying that the defunct crypto platform is attempting to “shift the blame” for its collapse away from…

The U.S.-listed spot bitcoin exchange-traded funds (ETFs) recorded $667.4 million in net inflows on May 19, the largest single-day total since May 2, signaling renewed institutional interest. Nearly half of these inflows, $306 million, went into iShares Bitcoin Trust (IBIT), now at $45.9 billion in net inflows, according to data source Farside Investors.The renewed demand follows bitcoin’s strong price performance, having traded above $100,000 for 11 consecutive days, which has helped restore market confidence. Additionally, the annualized basis trade, a strategy where investors go long on the spot ETF and simultaneously short bitcoin futures contracts on the CME, has become…

TRON has firmly established itself as one of the most actively used blockchain networks in the world for payments, according to recent research from CryptoQuant. TRON > Ethereum for USDTTRON now leads stablecoin activity:– $75.8B USDT supply– $23.4B daily volume– 2.4M daily txs vs ETH’s 284kStablecoin crown secured. pic.twitter.com/kEnMzGN8a1— CryptoQuant.com (@cryptoquant_com) May 19, 2025 TRON has quietly become a workhorse for stablecoin payments, especially for Tether (USDT), demonstrating its expanding influence in day-to-day crypto transactions.So far in 2025, users have moved USDT across TRON more than 283 million times, cementing the chain as a go-to settlement layer for stablecoins. That…

The Protocol Security Research Team and the Ecosystem Funding Initiative at the Ethereum Foundation are pleased to announce the launch of the first Ethereum protocol Attackathon with a reward pool of $1,500,000, hosted by Immunefi. The attackathon runs between November 25th and January 20th and aims to enhance the security of the Ethereum protocol through a large-scale crowdsourced security audit competition. We invite the entire Ethereum community — from auditing firms to individual security researchers — to participate in this important event to help secure the Ethereum Protocol. You can get started on your journey into understanding the Ethereum Protocol…

Introduction to the Evolution of Electronic Health Records Electronic Health Records (EHRs) have revolutionized healthcare by centralizing patient data, improving access, and reducing operational inefficiencies. However, traditional EHR systems face limitations, including limited interoperability, security concerns, and data siloing. Blockchain technology, a decentralized and immutable ledger, offers promising solutions to these challenges. By integrating blockchain principles, healthcare systems can enhance transparency, security, and patient control over their medical records. Challenges in Traditional EHR Systems Current EHR systems are often fragmented and suffer from interoperability issues, making it difficult for healthcare providers to share critical patient information seamlessly. Additionally, the centralization…

Cardano founder Charles Hoskinson expanded his response to allegations that Input Output Global (IOG) misappropriated over 318 million ADA from unredeemed pre-sale wallets, calling the situation deeply personal and damaging.In a May 18 post on X, Hoskinson reflected on the reputational toll of the allegations, noting that the incident has reshaped his view of his relationship with the Cardano community.He added:“For a decade, I’ve been on the front lines. To not be given the benefit of the doubt here without strong evidence to the contrary means I don’t have the connection I thought with some people.” Hoskinson added that following the…

Proof of work and proof of stake is a fundamental debate among crypto enthusiasts, representing varying ways of achieving consensus, validating transactions, and securing permissionless blockchains. While both consensus mechanisms form an indispensable part of the decentralized finance (DeFi) ecosystem, they differ in terms of their core principles, resource utilisation, verification processes, and sustainability. In this article, we’ll explain the difference between proof of work and proof of stake protocols, their pros and cons, and their future implications for the blockchain realm. What is Proof of Work (PoW)?Proof of Work (PoW) is touted as the original consensus mechanism pioneered by Bitcoin, the…

Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it won’t custody the cryptocurrency.“We are going to allow you to buy it,” Dimon said at JPMorgan’s annual investor day on May 19. “We’re not going to custody it. We’re going to put it in statements for clients.”CNBC reported that Dimon also remarked on his long-held skepticism about crypto assets, pointing to their use in money laundering, sex trafficking and terrorism.“I don’t think you should smoke, but I defend your right to smoke. I defend your right to buy Bitcoin,” he said.Michael…

Why Blockchain is the Key to Transparency in Modern Finance The Problem: Lack of Transparency in Traditional Finance Modern financial systems are plagued by hidden fees, complex intermediaries, and opaque transactions. Banks, brokerages, and payment processors often operate behind closed doors, making it difficult for users to trace where their money goes or how much they’re being charged. This lack of transparency can lead to fraud, mismanagement, and public distrust. What Makes Blockchain Different? Blockchain technology introduces a decentralized, immutable ledger that records every transaction in real-time. Unlike traditional systems where custodians control records, blockchain networks distribute this information across…

To get the show every day, follow the podcast here.Today’s “Markets Daily” begins with a minute of markets updates followed by an more macro-focused interview with host Jennifer Sanasie and Ben Emons, senior portfolio strategist at NewEdge Wealth on his outlook for the U.S. economy during this election year.This episode was hosted by Jennifer Sanasie. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl, alongside Senior Booking Producer Melissa Montañez. All original music by Doc Blust and Colin Mealey.Audio Transcript: This transcript has not been edited and may contain errors.JENNIFER SANASIE:According to CoinDesk Indices,…