Author: Kryptonews
The EF’s Ecosystem Funding Initiative team is proud to announce the launch of the 2025 Academic Grants Round, a pioneering initiative aimed at empowering and expanding the frontiers of Ethereum-related academic research. With a dedicated fund of $2 million, we are eager to build upon the success of the previous rounds by supporting innovative research in diverse fields critical to the growth and strengthening of the Ethereum ecosystem. Round Scope The scope of this round includes, but is not limited to, projects in Economics & Game Theory, Applied and Theoretical Cryptography, Consensus Algorithms, Protocol Design, Networking & P2P Technologies, Client…
What is Blockchain? Blockchain technology has gained widespread attention in recent years, largely due to its role in cryptocurrencies like Bitcoin and Ethereum. However, its applications extend far beyond digital finance. At its core, a blockchain is a decentralized and immutable (unalterable) ledger that records transactions across multiple computers in a network. It operates without a single point of control, enhancing transparency and security. Key Components of a Blockchain A blockchain consists of three main components: blocks, chains, and nodes. Blocks: Each block contains a list of transactions. Once a block is completed, it is cryptographically linked to the previous…
The NikolAI project has announced the release of its first NFT collection on the TON blockchain, coinciding with mathematician Nikolai Durov’s 44th birthday. The collection, comprising 1,000 unique profile pictures (PFPs), represents the project’s expansion into digital collectibles. The initiative targets existing token holders, with eligibility restricted to the top 44% of $NIKO holders on the TON blockchain. The qualification period extends until November 28, 2024, at 23:59 UTC, after which eligible holders can participate in the free mint. Market data indicates significant growth for the project, with the $NIKO token reaching a fully diluted valuation of $180 million within…
Bitcoin, the pioneering cryptocurrency, has captivated the world with its potential for high returns and decentralized nature. However, navigating the world of Bitcoin investment can be daunting for newcomers. This comprehensive guide aims to equip beginners with the essential knowledge needed to make informed decisions. Understanding Bitcoin Before diving into investing, it’s crucial to grasp the basics of Bitcoin. Bitcoin is a digital currency, meaning it exists only electronically. It operates on a blockchain, a decentralized and transparent ledger that records all transactions. This decentralization is a key difference from traditional currencies controlled by central banks. Bitcoin’s supply is capped…
Blockchain technology has rapidly evolved from the obscure backbone of cryptocurrencies to a disruptive force with far-reaching potential across industries. But is it truly the future? This article examines blockchain’s promise, its current challenges, and whether it can live up to its transformative hype. The Promise of Blockchain Blockchain’s core value lies in its decentralized, immutable ledger that enhances transparency, security, and efficiency. Unlike traditional centralized systems, blockchain distributes data across multiple nodes, making fraud and manipulation nearly impossible. This technology has already begun to reshape sectors like finance, supply chain management, healthcare, and governance. Key Advantages: Security: Cryptographic hashing…
Key Takeaways Abraxas Capital Management accumulated 278,639 ETH valued at $655 million since May 7. The firm realized an unrealized profit of $77 million from their Ethereum investments. Share this article A crypto wallet believed to belong to UK investment firm Abraxas Capital Management has amassed 278,639 Ethereum, worth approximately $655 million, since Ethereum’s Pectra upgrade was activated, according to on-chain data tracked by Lookonchain.The London-based asset manager accumulated the crypto asset at an average price of $2,350. With Ether trading above $2,600 at press time, the holdings reflect an unrealized profit of $77 million. Abraxas Capital continues to accumulate…
Telegram founder Pavel Durov said he rejected pressure from a European Union (EU) country to censor political content on the social media platform ahead of the May 18 presidential elections in Romania.According to Durov, a Western European government, which he hinted at with a baguette emoji, approached the platform and requested it censor conservative voices, which he flatly denied. Durov wrote in a May 18 Telegram post:”You can’t ‘defend democracy’ by destroying democracy. You can’t ‘fight election interference’ by interfering with elections. You either have freedom of speech and fair elections — or you don’t. And the Romanian people deserve…
Introduction Blockchain technology has gained widespread attention for its potential to revolutionize industries ranging from finance to supply chain management. However, beneath its innovative surface lies a growing concern: the substantial carbon footprint associated with certain blockchain networks. The decentralized and secure nature of blockchain comes at an environmental cost, raising the critical question—is decentralization worth the damage? The Environmental Impact of Blockchain Blockchain’s carbon footprint stems primarily from its consensus mechanisms, particularly Proof-of-Work (PoW). In PoW systems like Bitcoin, nodes compete to solve complex mathematical problems to validate transactions and create new blocks. This process requires immense computational power,…
The tenth edition of Photo London opened in Somerset House on Wednesday on the sun-drenched banks of the River Thames. Launched in 2015, the fair is now the biggest one devoted to photography in the UK. Over the past decade it’s grown alongside the Georgian-era institution that hosts it. Somerset House’s complex also includes the Courtauld Institute of Art and other arts organizations.“Twenty-five years ago, Somerset House’s courtyard stopped being used as a government car park, and the last civil servants moved out of the building [formerly used as offices for HM Revenue and Customs] just before Photo London’s first…
Key Takeaways:Bitcoin hits $105,327, surging over 37% in less than a month and boosting overall market cap.Crypto market gains $250 billion in total value, with BTC dominance climbing past 53%.Investor mood improves with lower U.S. CPI, dovish Federal Reserve attitude, and revived institutional drive.After weeks of instability, Bitcoin has surged beyond the $105,000 milestone. Rising institutional involvement and relaxing macroeconomic concerns accompany this record rise, which sets off a flurry of optimistic activity across the larger crypto market.Read More: Bitcoin Surges Past $97K — Is BTCBull the Popular Digital Currency to Consider Now as Momentum Builds?Bitcoin Breaks $105K as Momentum…
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