Author: Kryptonews

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…

Digital asset investment products witnessed a surge in institutional interest last week, raising $882 million in crypto inflows globally. This marks the fourth consecutive week of gains, pushing year-to-date (YTD) inflows to $6.7 billion, just shy of the $7.3 billion peak observed in early February. Four Consecutive Weeks of Crypto Inflows The latest CoinShares report shows the fourth week of consecutive positive flows. In the week before that, crypto inflows hit $2 billion. The week prior, crypto inflows reached $3.4 billion as investors turned to digital assets for their haven status.   Before that, inflows into digital asset investment products were $146 million,…

What Are Smart Contracts? Smart contracts are self-executing agreements with the terms of an arrangement written directly into lines of code. They enable secure, decentralized, and transparent transactions without the need for intermediaries like lawyers or banks. Once a smart contract is deployed on a blockchain, it automates actions based on predefined rules and cannot be altered or tampered with. How Smart Contracts Work Smart contracts function similarly to traditional contracts but are enforced by code instead of legal systems. Here’s a step-by-step breakdown: Agreement Setup – Two parties agree on the conditions of a deal (e.g., payment releases when…

United Kingdom crypto companies will need to collect and report data from every customer trade and transfer beginning Jan. 1, 2026 as part of a broader effort to improve crypto tax reporting, the UK government said.Everything from the user’s full name, home address and tax identification number will need to be collected and reported for every transaction, including the cryptocurrency used and the amount moved, the UK Revenue and Customs department said in a May 14 statement.Details of companies, trusts and charities transacting on crypto platforms will also need to be reported.Failure to comply or inaccurate reporting may incur penalties…

Clear & Direct is a communication consultancy focused on helping businesses and individuals achieve more effective communication. They offer a range of services aimed at clarifying messaging, streamlining presentations, and ultimately improving overall impact. In a world saturated with information, their core philosophy centers on the power of simplicity and directness. Core Services Offered Clear & Direct provides a suite of services designed to address various communication challenges. These often include: Communication Audits: A thorough assessment of existing communication strategies to identify areas for improvement and opportunities for optimization. This can encompass internal communications, external messaging, marketing materials, and more.…

TL;DR The cryptocurrency space is full of bullish and sometimes relatively ridiculous price predictions for members’ favorite assets, so we decided to ask ChatGPT for its opinion on whether XRP has the legs to make a mind-blowing surge to double-digit territory. It believes such a whopping 320% pump from current levels will require some “substantial developments.” $10 Mission Possible? The XRP Army, one of the most vocal communities in crypto, has outlined some massive predictions for the underlying asset, ranging from describing it as a modern-day Manhattan real estate opportunity to putting a future price tag of $100. While these…

The newly launched DOOD token from Ethereum-based NFT project Doodles has seen a steep drop in market capitalization following its May 9 airdrop on the Solana network.According to data from DEX Screener, DOOD’s market cap fell from over $100 million shortly after launch to around $60 million at the time of writing.Overall, the much-anticipated airdrop was “[d]efinitely underwhelming,” a crypto commentator said in a May 9 X post. DOOD token performance on May 9. Source: DexScreenerRelated: Doodles NFT sales surge 97% ahead of DOOD token airdropFalling NFT values Joining the trend, NFTs in Doodle’s flagship collection sharply dropped in value on…

Bitcoin, the pioneering cryptocurrency, and its underlying technology, the blockchain, have revolutionized the financial landscape and spurred countless innovations. Understanding the intricate workings of the blockchain is crucial to grasping Bitcoin’s security, transparency, and decentralized nature. This article provides a deep dive into the blockchain technology that powers Bitcoin.## What is Blockchain Technology?At its core, a blockchain is a distributed, immutable, and shared digital ledger. Think of it as a constantly growing list of records, called blocks, which are linked and secured using cryptography. Each block contains a batch of recent transactions, a timestamp, and a cryptographic hash of the…

Blockchain Beyond Bitcoin: Transforming Industries Blockchain technology, often associated with cryptocurrencies like Bitcoin, holds immense potential beyond digital finance. Its decentralized, immutable nature makes it a game-changer for supply chain transparency, AI innovation, and healthcare efficiency. Supply Chain Transparency & Security Traditional supply chains suffer from inefficiency, counterfeiting, and lack of transparency. Blockchain solves this by providing a tamper-proof ledger of every transaction, allowing real-time tracking of products. Companies like Walmart and Maersk use blockchain to audit goods from origin to delivery, reducing fraud and boosting trust in complex global networks. Traceability: Every transaction is time-stamped and linked to prior…

Despite the successful implementation of the Pectra upgrade, the market response has been notably muted as ETH price recorded only a modest 5% uptick. What’s holding back ETH price? Ethereum (ETH) successfully implemented the Pectra upgrade on May 7, yet the market’s reaction was underwhelming. On the day of the upgrade, ETH opened at $1,849 and closed at $1,811, recording a slight 2% decline. At press time, ETH is trading at $1,936, marking a mere 5% gain from its May 7 opening. The subdued response can be partly attributed to macro headwinds — most notably, uncertainly in global trade due…