Author: Kryptonews

North Korean hackers are stepping up efforts to infiltrate cryptocurrency companies by posing as IT workers, raising fresh security concerns for the industry, according to Binance co-founder Changpeng “CZ” Zhao and a team of ethical hackers.CZ sounded the alarm Thursday on X about the growing threat of North Korean hackers seeking to infiltrate crypto companies through employment opportunities and even bribing exchange staff for data access.“They pose as job candidates to try to get jobs in your company. This gives them a “foot in the door,” specifically for employment opportunities related to development, security and finance, CZ said.“They pose as…

Key Takeaways UK inflation remains significantly above the Bank of England’s 2% target. Persistent inflation may prompt the central bank to pause further interest rate hikes. Share this article UK inflation remains nearly double the Bank of England’s target as policymakers prepare for a likely pause in interest rate increases.The persistent elevated inflation reading comes as the central bank weighs whether to halt its series of rate hikes that have been implemented to combat rising prices across the economy.The inflation rate continues to run well above the Bank of England’s 2% target, presenting ongoing challenges for monetary policy officials who…

BNB, the token that powers the BNB Chain and can be used for fee discounts on leading exchange Binance, has crossed $1,000 for the first time ever amid a wider crypto market rise.The token jumped 4.5% over the last 24-hour period, climbing from $956.80 to a $1,004 all-time high and pushing its market cap to near $140 billion, according to CoinDesk Research’s technical analysis data model.That move edged BNB past Solana to reclaim its position as the fifth-largest cryptocurrency by market capitalization.The rally appears to reflect renewed confidence as Binance is reportedly in talks with the U.S. Department of Justice…

Key Takeaways:Chainlink becomes a member of AI Unbundled Alliance by Aethir, to add AI on Web3 with decentralized and verifiable infrastructure.Chainlink Runtime Environment (CRE) provides early access to developers so that they can do cross-chain AI workflows in a secure manner.The network of oracles, supervised by Chainlink, is the guarantor of more than $25 trillion of onchain values, and it is currently the basis of the development of AI-based Web3 applications.Chainlink, the most popular blockchain oracle network, has also become the official member of the Aethir AI Unbundled Alliance, which marked the significant breakthrough in the development of decentralized AI.…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is approaching a decisive phase that could carry it into five-figure territory, according to a multi-timeframe analysis from trader Cantonese Cat (@Cantonmeow). Ethereum Ready To Smash All-Time Highs In a video published today, the analyst argues that ETH has cleared a cluster of late-cycle resistances…

Key NotesAvalanche has now become host to the first Korean won–backed stablecoin dubbed KRW1.The stablecoin is fully collateralized with Korean won deposits held at Woori Bank.In the meantime, the stablecoin is not included in circulation, but in the PoC phase. Popular South Korean digital asset custodian BDACS has officially rolled out the first won-backed stablecoin on Avalanche. According to the blockchain, this digital asset, dubbed KRW1, is fully collateralized with Korean won deposits held at Woori Bank. It is worth noting that the stablecoin is yet to be fully circulated. BDACS Targets Global Stage with KRW1 Stablecoin In the post,…

Binance has officially announced the 41st project on the HODLer Airdrops page – Lombard (BARD), a full-stack infrastructure designed to bring Bitcoin to life on-chain. This provides users the opportunity to receive BARD tokens through retroactive BNB Simple Earn subscriptions and get ready for trading once the token goes live.About Lombard (BARD)Lombard (BARD) is a liquid staking protocol built on Bitcoin ecosystem with the LBTC token. For years, Bitcoin has been known mainly as a store of value. BARD changes this by creating the tools that let Bitcoin move into the on-chain economy.The project stands on three pillars:Cross-chain presence: BARD…

The Australian Securities and Investments Commission (ASIC) has announced regulatory relief for stablecoin intermediaries. The exemption lets intermediaries distribute stablecoins from firms already holding an Australian Financial Services License (AFSL) without getting their own separate licenses. The relief will apply to secondary distribution of stablecoins and will start once registered on the Federal Register of Legislation. This development marks the country’s first formal step toward easing licensing requirements in the digital assets sector. As reported by Cryptopolitan at the beginning of the year, the Australian government had made new amendments to its legal regulations of digital assets that seek to…

Key takeawaysChatGPT helps simplify complex crypto projects by summarizing white papers, explaining use cases and breaking down tokenomics.Researching the team, partnerships and security risks is crucial before investing in any crypto token.Comparing projects with competitors highlights strengths and weaknesses for better decision-making.ChatGPT can suggest relevant research questions, acting as a guide for beginners and experienced investors alike.Investing in cryptocurrency can be exciting and overwhelming, especially with the thousands of coins and tokens available today. From Bitcoin (BTC) and Ether (ETH) to lesser-known altcoins and memecoins, the market is flooded with opportunities and risks. Before investing your money, proper research is…

Singapore’s DBS Bank has signed an MOU with Franklin Templeton and Ripple to list tokenized money market fund on DBS Digital Exchange.Announced on Thursday, the partnership will offer accredited and institutional investors with trading and lending solutions. The services will leverage tokenised money market funds on the XRP Ledger blockchain and Ripple’s RLUSD stablecoin.Further, DBS said that it will list Franklin Templeton’s sgBENJI token and RLUSD on its exchange. The listing will “enable clients to manage their digital asset portfolios more nimbly in response to rapidly changing market conditions.”This means that eligible investors can swap between sgBENJI and Ripple’s RLUSD…