Author: Kryptonews

What is the “walkaway test?” Vitalik Buterin’s “walkaway test” is a way to assess Ethereum’s long-term credibility. The network is intended to remain secure and functional even if its core developers were to stop actively upgrading it.In a recent analogy, Buterin suggested that a protocol should resemble a tool you own, such as a hammer, rather than a service that gradually degrades if the “vendor” loses interest or becomes constrained by external pressures.The end state he points to is an Ethereum that could “ossify if we want to,” where its value proposition does not depend on promised features that have…

Key NotesAs part of the partnership, Nexo’s products and services will feature across Audi Revolut’s Formula 1 platform to boost global visibility.Planned initiatives include exclusive access for fans and Nexo clients, co-created content, and educational campaigns.Nexo co-founder Antoni Trenchev said the collaboration reflects its focus on “instant, self-directed, always-on” digital finance tools. In the latest development, the Audi Revolut F1 team announced a multi-year partnership with digital assets platform Nexo NEXO $0.98 24h volatility: 1.4% Market cap: $978.28 M Vol. 24h: $4.82 M . As part of the deal, Nexo’s digital products and services will feature across the team’s Formula…

Crypto exchange Binance has reintroduced direct bank transfers in Australia two years after the exchange was abruptly “cut off” from the Australian banking system. As of last Friday, Binance Australia has relaunched direct fiat bank and PayID deposits and withdrawals to its Australian users. The rollout began with a small group of users last year, according to a statement on Monday shared with Cointelegraph.  Binance Australia and New Zealand general manager Matt Poblocki said limited fiat access has created friction for local users trying to participate in the digital asset ecosystem, and its reinstatement has now taken out a major barrier.“Seamless access and…

The Bitcoin hashrate has slipped below 1 zetahash per second for the first time in four months despite a recent improvement in miner profitability.The Bitcoin network hashrate has fallen under 1,000 exahash per second (EH/s) for the first time since mid-September, with one analyst tipping the decline to continued interest in AI. The Bitcoin hashrate is currently 993 EH/s on a seven-day moving average, after dropping below 1,000 EH/s, or 1 zetahash per second (ZH/s), on Saturday, according to Hashrate Index data.It has now fallen nearly 15% since its seven-day moving average peak of 1,157 EH/s on Oct. 19. Bitcoin’s change…

Imagine you’ve just gotten off a 16-hour flight. You’re red-eyed and irritable, but you need to shift some crypto funds in a hurry. The SIM-card shops are closed, so you use the provided “free airport WiFi” to get connected. Hours later, your crypto has shifted to an unidentified wallet. Unfortunately, you may have been hit with an “Evil Twin” WiFi attack.Evil Twins clone legitimate WiFi networksIt’s an often-overlooked attack vector, security experts told Cointelegraph. The process involves bad actors cloning legitimate WiFi networks, tricking devices into connecting, and allowing the hacker to intercept network traffic or steal sensitive data.The Australian Federal…

Strategy chairman Michael Saylor has hinted at another major Bitcoin buy after adding $1.25 billion worth of the cryptocurrency to its holdings just last week. In an X post on Saturday, Saylor shared a screenshot of a graph from StrategyTracker, showing the price of Bitcoin (BTC) and the times Strategy has made purchases for its Bitcoin reserve, with the caption “Bigger Orange” — with orange being the color associated with Bitcoin.   Source: Michael Saylor The Strategy chairman has often teased upcoming Bitcoin buys via X this way, and has shown no signs of slowing down its Bitcoin purchases in…

Internet Computer (ICP) surged more than 39% over the past week, outpacing major cryptocurrencies as investors responded to the newly released MISSION70 whitepaper. The paper proposes comprehensive updates to reduce inflation by at least 70% by the end of 2026. This is to be achieved through a combination of demand-side acceleration and supply-side reductionsSponsored SponsoredInternet Computer Tops Daily GainersICP has emerged as a standout performer in the crypto market. Data from CoinGecko shows ICP posting gains of nearly 26% in the past 24 hours, placing the token at the top of the daily leaderboard among the top 100 cryptocurrencies.The rally…

Bitcoin fell almost $3,500 on Monday as Europe hinted at retaliatory measures against US President Donald Trump, who threatened new trade tariffs unless negotiations could begin over Greenland. Bitcoin (BTC) prices dumped 3.6% in a matter of hours, falling from $95,450 to just below $92,000 on Coinbase in early trading on Monday morning, according to TradingView.Around $750 million in long positions were liquidated in four hours, bringing total 24-hour liquidations to over $860 million, according to Coinglass. The asset had marginally recovered from its weekly low, trading at $92,580 at the time of writing. Meanwhile, precious metals have surged as they continue…

Crypto mining hardware maker Canaan Inc., which has seen its shares down 63% in the last 12 months, has received a warning from Nasdaq to increase its share price within 180 days or face delisting from the major stock market index.Canaan said in a statement on Friday that the Nasdaq contacted the company on Wednesday to warn it was not in compliance with listing rules, as its shares’ closing bid price had been below $1 for the last 30 business days.The Nasdaq gave Canaan 180 days, until July 13, to “regain compliance with the minimum bid price requirement,” which requires…

Custody remains one of the most contested issues in the cryptocurrency ecosystem. From exchange collapses to debates over self-custody, control over digital assets has become a central concern for both regulators and users. While much of the discussion focuses on trading platforms and decentralized finance protocols, a quieter sector offers a revealing case study: crypto-based online gambling.Crypto casinos operate continuously, processing deposits, wagers, and withdrawals around the clock. Unlike long-term investment platforms, they are built around rapid fund movement and repeated transactions. This operational reality forces custody decisions into the open, making crypto casinos a useful lens through which to…