Author: Kryptonews

The ftNFT YoCerebrum Awards 2024 invites everyone to participate in the final voting phase to celebrate excellence in the NFT space.The voting period runs from November 6-10, 2024.The jury voting took place from November 1 to November 5, where a group of distinguished experts meticulously evaluated the submissions. During the jury phase, three nominees were selected from each category to move forward to the public voting stage. Now, it’s time for the blockchain voting phase.Meet the Jury During this period, NFT enthusiasts and the wider community will have the opportunity to cast their votes via the blockchain, ensuring a transparent…

Just a month and a half ago, this article would have made no sense when BTC’s price tumbled below $75,000 and the main speculations within the community turned on whether the bull run had abruptly ended. Yesterday, bitcoin’s price stood at $30,000 higher, and it came just 2% away from breaking its all-time high from January. It sits slightly lower now, but there’s something in the air that suggests a new peak is coming. Let’s see what on-chain data and some technical indicators will say about that. The Bull Case We begin with large accumulations. After all, prices tend to…

Bitcoin and fiat currency represent fundamentally different approaches to money and value exchange. Understanding their characteristics, strengths, and weaknesses is crucial in navigating the evolving financial landscape. This article will delve into a head-to-head comparison, highlighting key distinctions between these two dominant monetary systems.## Decentralization vs. Centralized ControlOne of the most significant differences lies in their governance. Bitcoin operates on a decentralized network, secured by cryptography and a distributed ledger technology called blockchain. No single entity controls it. Transactions are verified by a network of miners, ensuring transparency and immutability. This contrasts sharply with fiat currency, which is issued and…

Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that leverages artificial intelligence natively. On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured $18 million in a funding round led by Andreessen Horowitz (a16z) Crypto, a16z’s crypto and Web3 venture capital arm. Led by Neville, the company aims to realize its vision of a fully regulated financial institution for the AI economy. The company said it will be built for AI agents and human collaborators and will be operated by AI workers with human oversight…

Blockchain technology has evolved beyond its origins in cryptocurrency, now powering diverse applications ranging from supply chain management to healthcare. At the heart of this evolution lies a fundamental debate: the choice between public and private blockchains. Each variant offers distinct advantages and disadvantages in terms of security, scalability, and costs. Here’s a detailed comparison to help stakeholders make informed decisions. Security: Permissionless vs Permissioned Networks Public blockchains operate on a permissionless model, meaning anyone can participate, validate transactions, and maintain the network. Their security relies on cryptographic algorithms and consensus mechanisms like Proof of Work (PoW) or Proof of…

Key Takeaways Circle is considering a sale to Coinbase or Ripple while still pursuing an IPO. Ripple’s $4-5 billion offer for Circle was rejected as too low. Share this article Circle Internet Financial, the firm behind USDC, the second-largest stablecoin, is exploring a possible sale to Coinbase or Ripple, Fortune Crypto reported Monday, citing four banking and private equity executives familiar with the matter.The discussions were described as informal takeover talks, with sources indicating that Circle is seeking a valuation of at least $5 billion.Bloomberg reported last month that Ripple had offered up to $5 billion to acquire Circle, but…

French real estate firm Entreparticuliers saw its shares climb 800% amid news of a strategic move to accumulate Ethereum. Shares of French public real estate platform Entreparticuliers jumped over 800% in the past week after the company revealed it’s turning into an Ethereum Treasury Company. The stock soared over 800% in just five days amid the announcement, boosting the company’s market value to around €23.44 million (about $25.78 million), up from roughly $1.35 million in January, an increase of more than 1,800%, per data from Google Finance. In a Monday press release, the company informed the market that it has…

Art Basel, which operates four fairs wordwild, said today that it would partner with Qatar Sports Investments (QSI) and QC+ to launch a fair in Doha next February, marking the first major art fair in the Middle East. The news of this fair comes about a month before Art Basel’s Swiss fair will open its doors. “Growing the global art market, supporting artists and galleries and developing new collecting audiences is core to Art Basel’s mission,” Art Basel CEO Noah Horowitz said in a statement, noting the exponential growth of the region’s art scene. “Qatar’s depth of collections, history of…

India’s Supreme Court has questioned the government’s lack of regulatory clarity on cryptocurrencies despite imposing taxes on digital assets like Bitcoin.According to Indian legal news outlet LawChakra, the country’s Supreme Court expressed concern over the growing use of Bitcoin (BTC) and other cryptocurrencies while remaining largely unregulated.“This is a whole parallel economy running with such coins and is a danger to the economy of the country,” Justice Surya Kant reportedly said during a recent hearing related to an ongoing investigation into a Bitcoin transaction.Kant further highlighted that while the government has implemented crypto taxation, it has failed to regulate the…

Blockchain vs Traditional Databases: Security, Scalability, and Cost Compared Introduction Blockchain and traditional databases have emerged as distinct solutions for data storage and management, each with its own strengths and weaknesses. While traditional databases excel in scalability and cost-efficiency, blockchains offer unmatched security and transparency. Understanding their differences is crucial for businesses deciding which model to adopt. This article compares blockchain and traditional databases across three key dimensions: security, scalability, and cost. Security: Blockchain’s Immutable Advantage Blockchain technology leverages cryptography and distributed ledgers to enhance security. Each transaction is timestamped and linked to the previous record, forming an immutable chain.…