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Ankr Network upgrade to improve Web3 decentralization

Ankr Network has revealed its Ankr Network 2.0 upgrade designed at transitioning blockchains into more resilient node networks.

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Ankr Network has revealed its Ankr Network 2.0 upgrade designed at transitioning blockchains into more resilient node networks.

The upgrade will focus making Web3 more decentralized through various features, such as an option to run an independent node, the ability to stake ANKR tokens on a full node, and the Ankr DAO.

Ankr is one of the largest remote procedure call  endpoint providers in the crypto space. These are vital tools blockchain developers utilize to build decentralized apps and projects. Every time Ankr handles an RPC request, a node is required to fulfil it.

By expanding access to independent node providers, Ankr 2.0 aims to increase the number of nodes and the degree of decentralization on the network to eliminate a single point of failure in the node infrastructure. This also means that Ankr competitors may be able to join the protocol to provide nodes.

The more nodes running on the network, the greater ability to handle higher RPC request volumes and prevent failed requests. Independent node operators will also begin earning ANKR rewards for the work they do in securing the network.

The upgrade will also allow users to, for the first time, stake their ANKR on full nodes to secure the network and earn income. Stakers will also be entitled to a 49% share of the user fees spent on Ankr Network for their contribution.

ANKR stakers will also have voting power in the new Ankr DAO governance tool which will be used to make decisions on allocations of treasury funds, determining pricing and revenues for nodes, and choosing which blockchains to on board.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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