Author: Kryptonews

Ethereum co-founder Vitalik Buterin has called for new decentralized autonomous organizations (DAOs) designs, arguing that the sector needs more than token-voting treasuries if it wants to improve on traditional corporate and political structures. In a Monday X post, Buterin said that current DAOs often amount to “a treasury controlled by token holder voting.” That model is widely copied but it is “inefficient, vulnerable to capture and fails utterly at the goal of mitigating the weaknesses of human politics,” he said.Buterin argued that DAOs should solve specific infrastructure problems, starting with better oracles, onchain dispute resolution and long‑term project stewardship.He also highlighted…

Injective’s protocol community approved a major tokenomics overhaul on Monday, passing a governance proposal with 99.89% support based on staked voting power.Injective is a layer-1 blockchain focused on decentralized finance applications, with INJ (INJ) serving as its native token for staking, governance and transaction fees.The Supply Squeeze proposal (IIP-617) reduces its native token issuance and maintains the network’s buyback-and-burn program, which uses protocol-generated revenue to permanently remove tokens from circulation.The network said it has removed about 6.85 million INJ from circulation through token burns. The proposal is designed to accelerate tokens removal by aligning reduced issuance with recurring buybacks. According to an…

Key NotesThe British neobank filed its application with Peru’s SBS to provide deposits, loans and foreign exchange products.Regulatory review of capital requirements and governance protocols could extend for several months before authorization.Peru represents the fifth Latin American market following successful entries into Brazil, Mexico, Colombia and Argentina. Revolut has applied for a Peruvian banking license to launch a full digital bank and accelerate its growth in Latin America. This positions the UK fintech to compete locally, targeting underbanked users and those wanting multi-currency services, according to their press release. Revolut Targets Peru with Full Banking Bid The company confirmed it…

One year ago Tuesday, Gary Gensler resigned as chair of the US Securities and Exchange Commission (SEC) amid the inauguration of President Donald Trump. Many in the crypto industry had heavily criticized the former SEC chair for his approach to digital asset regulation and enforcement. Gensler’s position on cryptocurrencies likely contributed to companies like Ripple Labs funding political action committees (PACs) and backing many candidates in the 2024 US elections who had expressed views favorable to the industry and opposing those who didn’t.Shortly after Gensler’s resignation, Trump appointed SEC Commissioner Mark Uyeda as acting chair of the agency. What followed was…

The partnership builds upon previous work Bermuda’s government has done to attract crypto companies, including bypassing a comprehensive regulatory framework in 2018.The government of Bermuda is planning to create a “fully onchain” national economy using digital asset infrastructure provided through partnerships with cryptocurrency exchange Coinbase and stablecoin issuer Circle.In a Monday announcement from the World Economic Forum Annual Meeting in Davos, Switzerland, Bermuda Premier David Burt and representatives from Coinbase and Circle said the partnership would allow the Caribbean island nation to use the USDC (USDC) stablecoin and Coinbase’s Base infrastructure to develop a new model for the country’s economy. According…

Recent geopolitical upheavals in Iran have done more than just dominate international headlines; they have triggered tangible shifts in the global crypto landscape. The latest data reveals a significant migration of funds from centralized exchanges to private wallets as citizens scramble to shield their wealth from unpredictable risks.On Chain Data Signals a ShiftAccording to a report by Chainalysis, a leading blockchain analysis platform, investor behavior in Iran shifted dramatically in tandem with rising tensions.Specifically, between December 28th (when protests erupted) and January 8th (when the government implemented an internet blackout), Bitcoin withdrawals from domestic exchanges to personal wallets recorded a…

Bitcoin (BTC) saw a sharp pullback during the Asian market open, shaking out leveraged positions without breaking its market structure. While sentiment cooled rapidly, onchain and derivatives data suggest that the move resembles a structural reset rather than a deeper trend reversal.Key takeaways:$233 million in Bitcoin long liquidations flushed leverage while spot selling stayed muted, pointing to a reset, not panic distribution.Sentiment collapsed from 80% to 45% as open interest fell to $28 billion, confirming a mild risk-off unwinding.Bitcoin dip flushes leverage as sentiment coolsBitcoin slid from $95,300 to $91,800, a 3.7% drop, during the Asian market open on Monday,…

Capital from investors interested in privacy coins shows signs of rotating toward lower-market-cap altcoins. This shift occurs as many believe billion-dollar projects such as XMR and DASH have become saturated. One candidate drawing attention is Dusk (DUSK).What advantages make DUSK attractive to investors? What do on-chain data signals warn about? The following article explores these questions in detail.Sponsored SponsoredDusk (DUSK) Defies the Market, Rallies More Than 4x in JanuaryOn January 19, while Bitcoin fell nearly 3% to below $93,000 and many altcoins dropped 5–10%, DUSK surged 40% to a high above $0.22. This marked its highest level since January 2025.DUSK…

Revolut, a London-based digital banking and payments company, has applied for a full banking license in Peru as part of its expansion across Latin America, Bloomberg reported on Monday. If approved, the license will allow the company to operate as a regulated bank in the country, adding Peru to a list of regional markets alongside Mexico, Colombia and Brazil. Bloomberg said Revolut plans to compete primarily with incumbent banks rather than newer fintech rivals.Revolut has identified remittances and cross-border payments as key parts of its local strategy, noting that about 1 million people in Peru rely on money sent from…

Key points:Bitcoin could remain under pressure as the US-EU trade war could create a risk-off environment in the short term.Most major altcoins have turned down from their overhead resistance levels, signaling that the bears remain in command.Bitcoin’s (BTC) pullback is attempting to find support near $92,000, but the bears have kept up the pressure. Several crypto analysts told Cointelegraph that a US-EU trade war could create a risk-off mood in the markets.The uncertainty has boosted gold and silver to a new all-time high, while BTC languishes. However, network economist Timothy Peterson believes that BTC will eventually catch up with gold’s…