Author: Kryptonews

The AFL’s crypto exchange partner, Crypto.com, has breached UK advertising standards on multiple occasions and been accused of “misleading” and “irresponsible” behaviour.The UK Advertising Standards Authority rulings may invite further scrutiny of Crypto.com promotions in Australia.A five-year partnership between the AFL and the Singapore-based exchange was announced in January 2022. Since then, Crypto.com has been promoted around AFL stadiums.In December the ASA ruled that a local Crypto.com advertisement “failed to illustrate the risk of investing in non-fungible tokens”. It also found the ad did not make it clear that fees would apply.In response, Crypto.com disputed the ruling and said the…

Key Takeaways Strategy purchased 7,390 Bitcoin for $555 million at an average price of $103,498. The company aims to hold $42 billion in Bitcoin by 2027, accumulating 576,230 BTC so far. Share this article Michael Saylor’s Strategy on Monday disclosed it had purchased 7,390 Bitcoin between May 12 and 18, investing around $765 million in the acquisition. With this move, the firm has boosted its Bitcoin holdings to 576,230 BTC, currently worth over $59 billion.The software firm financed its latest Bitcoin acquisition through capital raised from its common stock offering and a Series A perpetual convertible preferred stock issuance, according…

The Synergy of Blockchain and AI: Transforming Real-World Solutions Blockchain and artificial intelligence (AI) are two of the most transformative technologies of the digital age. When combined, they create powerful synergies that solve real-world problems in unprecedented ways. Blockchain’s decentralized, immutable ledger enhances transparency and security, while AI’s ability to process vast datasets enables intelligent automation and predictive insights. Together, they are revolutionizing industries from healthcare to finance, supply chains, and beyond. AI-Enhanced Smart Contracts for Secure Automation One of the most significant advantages of combining blockchain with AI is the creation of smart contracts that adapt intelligently. Traditional smart…

Digital asset investment products attracted $785 million in inflows last week, bringing the year-to-date (YTD) total to $7.5 billion, according to CoinShares‘ latest report.This figure marks a new record, surpassing the previous high of $7.2 billion recorded in early February.James Butterfill, CoinShares’ head of research, also noted that the milestone signals a full recovery from the outflows seen between February and March when crypto markets slumped.Bitcoin inflow slowsAccording to CoinShares, Bitcoin-related investment products continued to attract the lion’s share of capital, pulling in $557 million in weekly inflows.While this figure remains substantial, it marks a decline from the $867 million it drew…

Key Takeaways:Texas Senate Bill 21 proposes creating a Texas Strategic Bitcoin Reserve managed by the State Comptroller.The reserve could hold billions in Bitcoin and select cryptocurrencies with over $500B in market cap.Texas positions crypto as a hedge against inflation and a strategic financial asset for state stability.Texas is making a bold move in cryptocurrency policy. A new bill introduced in the state legislature aims to turn Bitcoin into a strategic asset—on par with gold or oil—by creating an official state-managed reserve.Read More: Texas Senate Approves Bitcoin Strategic Reserve BillTexas Pushes for a State-Backed Bitcoin ReserveTexas Senate Bill 21 (SB21), known…

Onchain social network Zora has built a reputation as a popular tool for artists, musicians and other creatives to monetize their content onchain, but the recent launch of its eponymous ZORA token has left many users confused and dissatisfied.The token’s price tanked shortly after launch, with users and observers complaining about everything from poor communication from the team to the token’s distribution and utility models. This comes amid an overall decline in interest in the onchain creator economy and a changing perspective on whether blockchain tools like non-fungible tokens (NFTs) are still useful for creatives who want to monetize their work…

The world of blockchain technology continues to evolve rapidly, promising transformative changes for businesses in 2025. From enhanced security and efficiency to new financial models, blockchain is set to reshape industries across the board. Here are five cutting-edge trends leading the charge: ### Decentralized Identity Management Traditional identity verification systems are costly, inefficient, and vulnerable to fraud. Decentralized identity (DID) solutions leverage blockchain to empower individuals with full ownership of their digital identity. By enabling self-sovereign identity (SSI), businesses can reduce fraud, streamline KYC/AML processes, and comply more easily with data privacy regulations like GDPR. In 2025, DID will see…

Devcon has always been a living reflection of Ethereum’s growth, challenges, and community ambitions. It showcases the most pressing topics, the newest innovations, and the people building the future of decentralized technology. As Ethereum grows, so too does Devcon. Two years ago, right before Devcon VI in Bogotá, the Merge took Ethereum’s consensus from proof of work to proof of stake. Devcon VI focused not only on the achievement of this milestone, but also on the next innovations: early Layer-2 development, the introduction of Account Abstraction (AA), and the rise of zero knowledge proofs (ZKPs) as an expansion of Ethereum.…

UK-based digital banking giant Revolut Ltd has announced plans to invest over €1 billion ($1.1 billion) in France over the next three years, while also preparing to apply for a French banking licence.The move is part of the fintech’s broader strategy to strengthen its presence across Europe and build deeper roots in its fastest-growing markets.The announcement came during the Choose France business summit in Paris on Monday, hosted by President Emmanuel Macron, according to a report by Reuters.Revolut to Establish a Headquarter in FranceRevolut said it will establish its new Western European headquarters in the French capital, committing to hire…

The warning signs are right in our face: a $30 trillion bond market collapse is coming, and nobody seems to know how to stop it, not even Federal Reserve Chair Jerome Powell. As reported by Moody’s, the US credit rating was downgraded last Friday, dragging the last triple-A rating down a notch to Aa1. On Monday, investors wasted no time. They dumped bonds, and yields exploded. The 30-year Treasury yield surged to 5.012%, the 10-year moved up to 4.54%, and the 2-year rose to 4.023%. This wasn’t just a reaction—it was a breakdown. Moody’s explained the decision as a direct…