Author: Kryptonews

Yasha Grobman has been appointed director general of the Israel Museum in Jerusalem, according to Haaretz, ending a prolonged leadership crisis at one of Israel’s most prominent cultural institutions. Grobman will succeed Suzanne Landau, who stepped down in early January after serving as interim director since September 2023. The appointment follows what the museum described as a lengthy and discreet search process conducted by a board-appointed committee. Grobman has also been publicly critical of Prime Minister Benjamin Netanyahu’s government, and has spoken at protests in Haifa opposing the government’s conduct during the war in Gaza. His appointment comes amid heightened political scrutiny of cultural institutions in…

The preliminary injunction against the prediction markets platform reportedly came at the request of Massachusetts Attorney General Andrea Joy Campbell.Prediction markets platform Kalshi could face legal complications operating in the US state of Massachusetts after a judge reportedly ruled that residents could not use the website for sports betting.According to a Tuesday Reuters report, Suffolk County Superior Court Judge Christopher Barry-Smith said he would issue a preliminary injunction against Kalshi prohibiting the platform from offering sports betting for residents without the required gaming license.  Sample of bets on Kalshi as of Tuesday. Source: Kalshi The ruling followed Massachusetts Attorney General…

Delaware Life Insurance Company is adding limited Bitcoin-linked exposure to its retirement annuity portfolio through an index developed by BlackRock.The insurer will offer an index that blends US stocks with a small, risk-managed allocation to Bitcoin (BTC). The Bitcoin exposure comes through BlackRock’s iShares Bitcoin Trust ETF, meaning investors do not hold Bitcoin directly.The index combines US equities with managed BTC exposure and applies volatility controls designed to limit fluctuations to about 12%. Delaware Life said the structure allows policyholders to gain indirect exposure to BTC price movements while still preserving their principal under the annuity’s terms.The index will be available…

Bitcoin (BTC) has struggled to regain momentum after the price dipped below $90,000 on Tuesday, with multiple analysts pointing to continued selling pressure in the short term. Key takeaways:New BTC whales with a holding period of less than 155 days now control more realized capital than the “OG” long-term holders. Whale-dominated exchange inflows signal elevated sell-side pressure for Bitcoin near $95,000 to $90,000.Market analysts suggest a pullback toward the $85,000 level based on bearish order book data. New Bitcoin whales take the wheel, for nowCryptoQuant analyst Moreno DV said that new whales, i.e., holders of over 1,000 BTC with UTXOs…

IntroductionEthereum (ETH), the world’s second-largest cryptocurrency by market capitalization, continues to demonstrate remarkable resilience through the first half of 2024. Despite ongoing macroeconomic headwinds, persistent inflationary fears, and increased regulatory scrutiny around digital assets, ETH has consistently maintained a strong floor above the $3,000 level. This psychologically and technically significant support range has withstood multiple retests, suggesting that Ethereum may be poised for a sustained bullish breakout. While traditional and retail investors remain cautious amid mixed market signals, contrarian investors are beginning to view ETH’s resilience as a compelling signal of long-term upside potential.Key Support Levels AnalysisTechnical chart patterns and…

Hong Kong Finance Secretary Paul Chan defended the city’s “same activity, same risk, same regulation” framework for digital assets while speaking at the World Economic Forum in Davos, according to the South China Morning Post.Speaking at a closed-door workshop in Switzerland on Tuesday, Chan said finance and technology were increasingly intertwined but required a balanced regulatory approach. He said:Digital assets should serve the real economy. But we must also build strong guardrails to address risks to financial stability, market integrity and investor protection.Chan pointed to the city’s “same activity, same risk, same regulation” principle for digital assets, which he said…

The British Museum announced today that 2024 was a record year for archeological discoveries made in the UK by members of the public, with 79,616 finds recorded. Of those, 1540 were “treasure” as defined by the UK’s 1996 Treasure Act, the highest number ever recorded for a single year. The announcement was first reported by the Independent. According to the British Museum, 2024 was the third consecutive record-breaking year, with numbers steadily increasing each year. Ninety-four percent of the discoveries were made by metal detectorists, reflecting the hobby’s increasing popularity in the UK. Related Articles The figures come from the…

DeFi protocol MakinaFi lost 1,299 ETH (~$4.1m) in a breach tied to MEV-style execution, with stolen funds split across two wallets now monitored by analysts. Summary MakinaFi suffered a breach that drained 1,299 ETH, worth around $4.1 million, with funds routed out via a series of suspicious Ethereum transactions.​ PeckShieldAlert traced the loot to two main wallets and flagged links to an MEV builder address, suggesting preemptive, transaction-order–based exploitation.​​ MakinaFi has yet to issue a detailed technical post-mortem or compensation plan as on-chain sleuths watch for moves toward mixers or centralized exchanges. Decentralized finance platform MakinaFi has been hit by…

Michael Selig named two people as senior advisers, one of whom helped with a law firm‘s letter that led to an SEC no-action letter on crypto custodians.Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), announced the appointment of a senior adviser with experience in litigating crypto and blockchain cases. In a Tuesday notice, Selig said Michael Passalacqua, a former associate at international law firm Simpson Thacher & Bartlett, would join the CFTC as a senior adviser. Selig cited Passalacqua’s experience with “financial regulatory matters involving crypto assets and blockchain technologies.” “Earlier in his career, [Passalacqua] served as assistant general…

Coinbase just updated its official asset listing roadmap to include two digital assets from the Solana (SOL) ecosystem that the exchange says may be listed in the near future. According to an update, the assets newly added to the Coinbase roadmap include Seeker (SKR) and FIGHT (FIGHT). Coinbase says asset transfers and trading for the listed assets are not supported until an official trading announcement is made. The exchange also warns that depositing these assets into a Coinbase account before support is live may result in permanent loss of funds. Seeker is a Solana-based utility and governance token tied to…