Author: Kryptonews
The New York–based Joan Mitchell Foundation has named the 31 artists who will participate in its 2026 residency program. Taking place at the Joan Mitchell Center in New Orleans, the residents will participate in either six-week or 14-week residencies during three seasons (spring, summer, fall) this year, with no more than nine residents being on hand at one time. The first residents will arrive on February 2. The foundation’s residency program is unique in that it not only brings artists from across the United States to a locale but also engages a number of local artists. Within the 2026 cohort,…
A crypto user has lost more than $282 million worth of Bitcoin and Litecoin in one of the largest social engineering attacks ever recorded in the crypto sector.The theft occurred on Jan. 10, 2026, at around 11:00 pm UTC, after the victim was tricked into revealing their seed phrase linked to a hardware wallet, according to blockchain investigator ZachXBT. The attacker gained full control of the wallet and rapidly moved the funds across multiple networks to obscure the trail.According to ZachXBT, 2.05 million Litecoin (LTC), currently worth $153 million, and 1,459 Bitcoin (BTC), now worth around $139 million, were drained.…
Arts Council England has announced the results of the 2024-25 edition of its Cultural Gifts Scheme (CGS) and Acceptance in Lieu (AIL) initiatives. Thirty-two artworks entered public collections this cycle, with a combined value of almost $80 million. Highlights include Edgar Degas’s pastel Danseuses roses (ca. 1897–1901), given to the National Gallery by the estate of Ann Marks; paintings by Max Liebermann and Max Pechstein, given to Oxford University’s Ashmolean Museum from the collection of C. M. and Dorothy Kauffmann; a mahogany standing desk use by Prime Ministers Benjamin Disraeli and Winston Churchill, given to the National Trust, which plans to…
Ethereum price rally lost momentum this week, moving from a high of $3,387 on January 13 to the current $3,288 as concerns about the Market Structure Bill rose. Summary ETH price has pulled back in the past few days as demand for cryptocurrencies waned. Ethereum has encouraging fundamentals, including higher network activity. The token has formed a rising wedge chart pattern on the daily chart. Ethereum (ETH) token has dropped by 33% from its highest level in August last year, mirroring the performance of the broader crypto market. The token has pulled back despite its strong fundamentals. For example, data…
Bitcoin is making headlines once again—but this time, the excitement is underpinned by fundamentals rather than hype or speculation. Recent data shows that spot market activity has taken center stage, fueling Bitcoin’s momentum in a way that holds more weight for institutional and long-term investors than any social media-driven price pump. But what does this really mean for the market—and more importantly, for your portfolio?Unlike derivative markets, where traders use leverage and contracts to bet on future price movements, spot markets involve the immediate purchase or sale of Bitcoin. When spot flow increases, it indicates that investors are buying actual…
Artists and other creative people (not to mention, ahem, journalists) have been deeply concerned about the way that their work has been hoovered up by tech companies to fuel artificial intelligence–powered image and text generators. In 2023, several digital artists filed a class action lawsuit targeted at Stability AI, Midjourney, and the image-sharing platform DeviantArt, and others filed a suit against online retailer Shein for stealing their designs. Such suits scored a small win in court in 2024, yes, but many have felt powerless to stop the endless theft of their output. Related Articles One University of Alaska Fairbanks undergraduate…
US President Donald Trump said the “leaker on Venezuela” has been jailed, a remark that has renewed scrutiny of prediction markets following a series of well-timed bets earlier this month.“The leaker on Venezuela has been found and is in jail right now,” Trump said in the Oval Office on Wednesday, according to a video posted by The Wall Street Journal.Although Trump did not mention prediction markets, blockchain analysts such as Lookonchain have speculated that the leaker may be linked to a cluster of Polymarket accounts that placed concentrated bets on Venezuela outcomes just hours before the news became public.“We noticed…
Key takeaways:ETH derivatives flash caution as pro traders remain neutral-to-bearish, and weak DApps demand and falling fees pressure Ether’s price.Corporate ETH buying and spot ETF inflows have not restored investor confidence, as lower staking yields and soft network activity persist.Ether (ETH) price experienced a two-day 4% correction after briefly reaching $3,400 on Wednesday. The move caught bulls by surprise, triggering $65 million in liquidations of leveraged long ETH futures. More importantly, professional traders have maintained a neutral-to-bearish stance, according to derivatives markets, despite ETH reaching its highest level in two months. ETH 2-month futures basis rate. Source: laevitas.chETH monthly futures…
The White House is considering withdrawing its support for crypto market structure bill following a similar move from crypto exchange Coinbase, according to Fox Business reporter Eleanor Terrett, citing a source close to the Trump administration.In a Sunday post on X, Terrett reported that the White House is furious over Coinbase’s decision to pull its backing for the Digital Asset Market Clarity Act, describing the move as a “unilateral” action that blindsided administration officials. “The White House is said to be furious with Coinbase’s “unilateral” action on Wednesday, which it apparently was not notified of in advance, calling it a…
The crypto asset of a decentralized exchange on the Solana (SOL) network is seeing significant price gains after receiving trading support from Coinbase. Raydium (RAY) is currently trading for $1.25, up by 6.8% over the past 24 hours, following Coinbase’s announcement that the altcoin can now be traded on its platform. Says Coinbase on the social media platform X, “Spot trading for Raydium (RAY) will go live on 14 January 2026. The opening of our RAY-USD trading pair will begin on or after 9AM PT, if liquidity conditions are met, in regions where trading is supported.” The US-based crypto exchange…
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