Author: Kryptonews

The Alarming Rise of Healthcare Data Breaches Healthcare data breaches are a growing concern, with millions of patient records exposed annually. These breaches not only lead to identity theft and financial fraud but also compromise sensitive medical information that could have life-threatening consequences. A staggering 50% of these incidents could be prevented through smarter data management and security protocols. One emerging solution—blockchain technology—offers a promising way to safeguard healthcare data more effectively. How Healthcare Data Breaches Occur Most breaches stem from human error, weak security systems, and increasingly sophisticated cyberattacks. Common causes include: Phishing scams and malware— employee negligence in…

Privacy-focused cryptocurrency monero has overtaken litecoin and toncoin to rank among the top 25 digital assets by market value.The so-called flippening is characterized by XMR’s market capitalization topping $7.5 billion, racing ahead of TON’s $7.48 billion and LTC’s $7.35 billion, according to data source Coingecko.Monero flips TON and LTC. (Coingecko) Monero (XMR) is a decentralized, peer-to-peer cryptocurrency with privacy-enhancing technologies to obscure transaction details. That makes traditional financial tracking and intercepting methods largely obsolete, which explains why criminals love cryptocurrency. Earlier this year, a media outlet linked to the Islamic State (ISIS) Pakistan Province reportedly published a poster calling for…

Introduction to Peer-to-Peer Finance Peer-to-peer (P2P) finance refers to a decentralized model of lending or borrowing money directly between individuals or entities without the intermediation of traditional financial institutions like banks. This approach has gained traction due to its potential for higher returns for lenders, lower interest rates for borrowers, and increased accessibility to financial services. Historically, P2P finance was limited by trust and efficiency issues, but blockchain technology is revolutionizing the landscape by enhancing transparency, security, and efficiency. How Blockchain Enables Decentralized Finance (DeFi) Blockchain, the underlying technology behind cryptocurrencies like Bitcoin, is a distributed ledger that records transactions…

A new study by AI safety firm Palisade Research has revealed that OpenAI’s o3 model actively defied explicit shutdown instructions.The research, published on May 24, found that o3 was the only artificial intelligence model tested that repeatedly sabotaged its shutdown mechanism.The firm stated:“OpenAI’s o3 model sabotaged a shutdown mechanism to prevent itself from being turned off. It did this even when explicitly instructed: allow yourself to be shut down.”Palisade said the test involved multiple large language models, including Anthropic’s Claude, Google’s Gemini, and X’s Grok, alongside OpenAI’s codex-mini, o3, and o4-mini.The models were asked to solve basic math problems. After…

Bitcoin (BTC) bounces back to eye fresh all-time highs as a testing macro week unfolds for risk-asset traders.BTC price action dipped below $107,000 before rebounding into the weekly close, and some are eagerly anticipating new record highs.US inflation data meets bond market woes this week as the Federal Reserve shows no signs of cutting interest rates.On exchanges, the taker buy/sell ratio is causing concern for analysis amid cooling order book activity.One whale, however, is having fun — and his successive longs and shorts are being increasingly watched in trading circles.Funding rates are not spiking despite current prices — a key silver lining…

Blockchain technology has revolutionized the way financial transactions are conducted, and one of its most impactful innovations is the smart contract. These self-executing agreements with the terms of the deal written directly into code have the potential to eliminate fraud by offering transparency, automation, and immutable records. What Are Smart Contracts? Smart contracts are digital agreements stored on a blockchain network. They are designed to execute automatically when specific conditions are met, ensuring that all parties adhere to the pre-defined rules without needing an intermediary. This automation minimizes the risk of human error and manipulation, making transactions more secure and…

Binance Futures is one of the most advanced and widely used cryptocurrency derivatives platforms in the world, offering traders the opportunity to profit from both rising and falling markets. Whether you’re a beginner looking to understand the basics or a seasoned investor exploring advanced tools like leverage, funding rates, and risk management, this guide will walk you through everything you need to know to get started with Binance Futures, from setting up your account to executing your first trade safely and strategically.What are Futures Contracts?Futures contracts are a type of financial derivative that allow traders to speculate on the future price…

Today’s episode is sponsored by CME Group and Harpie.To get the show every day, follow the podcast here.Today’s Stories:Introducing Most Influential 2023From our sponsors:CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more.Disclaimer:This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not…

What is Blockchain? Blockchain is a distributed digital ledger that records transactions in a secure, transparent, and immutable way. Instead of a single point of control, data is spread across a network of computers, making it nearly impossible to manipulate. This decentralized architecture is the core of blockchain’s security strength, allowing it to resist hacking and fraud in ways traditional systems cannot. How Traditional Systems Fail Conventional databases and security systems rely on centralized authority, making them vulnerable to single points of attack. A hacker who gains access to the central server can steal or alter data without detection. Cyberattacks…

Today’s episode is sponsored by CME Group and Harpie.To get the show every day, follow the podcast here.Today’s Stories:Key Metrics Show Crypto Traders Turning to Ether From BitcoinBlackRock, Bitwise File Updated Applications for Spot Bitcoin ETFFrom our sponsors:CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more.Disclaimer:This communication is not directed to investors located in any particular jurisdiction and is not…