Author: Kryptonews

The Nietzschean Penguin (PENGUIN) token, a memecoin launched on the Solana layer-1 blockchain network, surged by about 564% following a social media post from the United States White House.On Friday, the White House published a social media post on X of US President Donald Trump and a penguin holding hands and walking through the snow, which went viral.PENGUIN traded at a market capitalization of about $387,000 before the post and recorded $244 million in trading volume in the 24 hours after the post, according to SolanaFloor. Source: White HouseThe token’s market capitalization is about $136 million at the time of…

Key NotesPlasma joins over 25 blockchains in NEAR Intents’ chain-abstracted liquidity pool with native token XPL and USDT0 stablecoin.The integration leverages Plasma’s high-performance infrastructure backed by Framework Ventures, Bitfinex, and Peter Thiel from a $24M funding round.NEAR Intents processes significant USDT volume with 39% of cross-chain transactions involving Tether in the last 24 hours. Plasma—a purpose-built layer-one (L1) blockchain for stablecoins—has integrated NEAR Intents for large-volume stablecoin cross-chain settlements and swaps, joining a list of more than 25 other networks. Plasma got popular mostly due to Tether and Peter Thiel, a PayPal co-founder, backing, having a strong focus on efficient…

Banco Santander announced Wednesday that it will manage roughly half of the Gelman Collection—one of the most significant collections of 20th-century Mexican art—after the collection disappeared from public view in 2008, El País reports. More precisely, the Madrid-based bank now oversees 160 of approximately 300 works amassed by influential art patrons Jacques and Natasha Gelman. After their deaths, the collection passed to their executor, Robert R. Littman, who reportedly divided it and circulated the works to museums worldwide, despite the will’s stipulation that it be shown intact in a private museum in Mexico. The collection has not been seen in…

Ethereum is currently trading under pressure after failing to push above the $3,000 level again over the past 24 hours, a move that is reflecting trader sentiment across the derivatives markets. ETH is currently trading at $2,925, down 2.7% on the day, after moving within a 24-hour range capped at $3,012.99 and finding lows around $2,909.60, according to price data from CoinGecko.  As price action weakens, a notable change has been developing, with on-chain data showing funding rates drifting toward negative territory and derivative positioning beginning to tilt more defensively. Funding Rates Slide As Shorts Gain Ground Ethereum’s failure to…

Agora, a startup founded by entrepreneur and VanEck heir Nick van Eck, is positioning itself for a stablecoin market that’s moving beyond crypto-native trading.While decentralized finance (DeFi) remains a key growth engine – Agora’s total value locked (TVL) grew 60% last month from DeFi launches, he said — his focus is shifting toward a longer-term bet: stablecoin-powered enterprise payments.“We’re spending a lot of time across payroll, business-to-business, cross-border payments. Problems real companies actually need to solve,” van Eck, who will be speaking at CoinDesk’s Consensus Hong Kong conference next month, said in a recent interview.He believes adoption by traditional firms…

Spacecoin’s newly launched SPACE token surged more than 65%, as the project unveiled detailed plans for its Season 1 airdrop, exchange listings, and cross-chain rollout.It marks a significant step for a venture positioning itself at the intersection of blockchain, satellite infrastructure, and telecom networks.Sponsored SponsoredSpacecoin Season 1 Airdrop PlansAs of this writing, Spacecoin’s SPACE token was trading for $0.021, just shy of this peak price of $0.026 achieved amid launch frenzy. It is up nearly 66% over the last 24 hours, with prospects for further short-term gains, suggesting growing investor interest.Spacecoin (SPACE) Price Performance. Source: CoinGeckoIndeed, investors have a lot…

The number of Bitcoin (BTC) nodes signaling support for Bitcoin Improvement Proposal 110 (BIP-110), a temporary soft fork limiting the amount of data included in each transaction at the consensus level, rose to 2.38%. 583 out of 24,481 nodes are running BIP-110, and the primary node software implementation for running the soft fork proposal is Bitcoin Knots, according to The Bitcoin Portal.BIP-110 limits the size of transaction outputs to 34 bytes and caps the OP_RETURN data limit to 83 bytes. The temporary soft fork will be deployed for 1 year, with possible extension or alteration after the 1-year term, according to…

225 Nike is facing a class action lawsuit from buyers of non-fungible tokens (NFTs) tied to its RTFKT project. The lawsuit, filed Friday in federal court in Brooklyn, claims buyers suffered major losses when Nike shut down the RTFKT unit. According to the complaint, buyers say they would not have purchased the NFTs at the prices they did if they had known the project would eventually close. The shutdown, they argue, caused demand and prices for the NFTs to fall sharply. The lawsuit seeks more than $5 million in damages for alleged violations of consumer protection laws in New York,…

Recent remarks from BlackRock CEO Larry Fink have pointed toward the need for a single, unified blockchain for tokenized markets, and have intensified the focus on platforms capable of handling institutional-scale liquidity, compliance, and settlement. With its long track record in smart contracts, extensive developer ecosystem, and growing role in regulated financial products, Ethereum is now emerging as the most likely candidate to serve as the settlement layer for tokenized capital markets. Why Asset Managers Prefer Familiar Infrastructure In an X post, the Ethereum Daily shared a video in which BlackRock CEO Larry Fink made it clear that tokenization is…

76 Cyprus, 24 Sept 2025 — The highly anticipated Wiki Finance Expo Cyprus 2025 is set to take place in Limassol. As one of the largest and most influential Fintech, Forex and Web3.0 events in Europe this year, Wiki Finance Expo Cyprus 2025 promises to deliver an unparalleled experience for the industry. Event Details Date: 24 Sept, 2025 Time: 9:00 AM – 6:00 PM Venue: Parklane, a Luxury Collection Resort & Spa, Limassol, Cyprus Focus Areas: Fintech, Forex, Web3.0, Crypto, Payments, AI Tickets: Free of charge Official Registration Link: https://cutt.ly/wikiexpo_Cyprus2025 Why Attend? Wiki Finance Expo Cyprus 2025 will bring together…