Author: Kryptonews
The financial landscape is undergoing a profound shift, fueled by technological advancements and evolving user demands. At the center of this revolution sits Bitcoin, a digital currency that has captured the imagination of investors, technologists, and policymakers alike. Understanding its essence and assessing its potential impact is crucial for navigating the future of finance. Bitcoin: A Digital Revolution Bitcoin, conceived in 2008 by an anonymous entity known as Satoshi Nakamoto, is fundamentally different from traditional currencies controlled by central banks. It operates on a decentralized, peer-to-peer network secured by cryptography. This decentralization means no single entity governs Bitcoin, making it…
In brief A deepfake video of Donald Trump proposing dinosaur border patrols went viral, fooling many viewers. The clip, labeled as a deepfake, featured Trump endorsing velociraptors for border security. The viral clip was viewed by over 1.2 million times on X and received 20,000 likes. Perhaps it’s a sign of the times when nothing is too weird to be discounted.A deepfake video of U.S. President Donald Trump calling for the return of Velociraptors and Pterodactyls to patrol the border with Mexico went viral on Tuesday, racking up more than 1.2 million views and 20,000 likes.The clip, clearly labeled at…
Meta has inked a deal to keep an Illinois nuclear power plant running for the next 20 years so it can power its artificial intelligence and data center ambitions.The deal sees the tech giant purchasing 1.1 gigawatts of power from nuclear power provider Constellation from its Clinton Clean Energy Center in southern Illinois starting in 2027, Meta said on June 3.“As we look toward our future energy needs in advancing AI, we recognize the immense value of nuclear power in providing reliable, firm electricity,” Meta added.Meta, like other tech giants, is heavily leaning into AI amid the continuing hype around…
Introduction to Blockchain Basics If you’re new to blockchain technology, the jargon can feel overwhelming. Words like hashing, smart contracts, and gas fees might sound like science fiction, but they’re key components of this revolutionary tech. Don’t let unfamiliar terms scare you—this guide will break down the most common blockchain lingo in easy-to-understand explanations. Decentralization Explained Blockchain is decentralized, meaning no single authority controls it. Instead, transactions are recorded across a network of computers (nodes) spread globally. This makes it secure, transparent, and resistant to manipulation. Think of it like an open, digital ledger where changes are community-verified rather than…
Bitcoin mining has become a significant topic of discussion, sparking debates about its energy consumption and environmental impact. Understanding how it actually works can help in evaluating its role in the evolving digital landscape and the necessary steps to create more sustainable mining practices. Understanding the Basics of Bitcoin Mining Bitcoin mining is not about digging in the ground for digital coins. It’s the process by which new Bitcoins are created and new transactions are added to the blockchain. Think of the blockchain as a digital ledger where all Bitcoin transactions are recorded. Miners are the ones who verify these…
On Tuesday, the Rijksmuseum announced that a rare condom dating from 1830 will go on display at the museum in its print room, where it will form part of a display on 19th-century sex work and sexuality. It will stay on display through November. The condom is nearly 200 years old and is thought to be made from a sheep’s appendix. It features an erotic image depicting a nun and three clergyman and was likely a souvenir from a brothel. The piece, the museum said in a press release, is one of only two such objects that have survived to…
NYSE Arca has submitted a Form 19b-4 filing to the US Securities and Exchange Commission (SEC) seeking approval to list the Truth Social Bitcoin ETF, a spot Bitcoin exchange-traded fund (ETF) associated with Trump Media & Technology Group (TMTG).The move represents TMTG’s latest foray into the cryptocurrency sector, aligning with President Donald Trump’s pro-crypto stance.The proposed ETF aims to provide investors with direct exposure to Bitcoin’s (BTC) price movements without the complexities of owning the cryptocurrency outright. The fund is designed to simplify investment in Bitcoin by eliminating operational hurdles associated with direct ownership.TMTG applied to trademark several investment products…
US President Donald Trump’s sprawling crypto empire could grow even larger, as filings show plans for a Bitcoin exchange-traded fund (ETF) branded with his social media platform, Truth Social.Stock exchange NYSE Arca filed for the Truth Social Bitcoin ETF with the Securities and Exchange Commission on June 3 on behalf of crypto asset manager Yorkville America Digital, a partner of Truth Social’s owner, Trump Media & Technology Group.Trump is the majority owner of Trump Media, but moved his shares into a trust controlled by his son, Donald Trump Jr., before he re-entered the White House.The ETF seeks to list on…
Market gains were led by AI, memecoins, and Layer-2, with FET up 9.42% and WIF soaring over 16%. Top tokens such as PEPE, WIF, and AAVE saw boosted trading volumes. The dismissal of the SEC lawsuit brings about renewed bullish sentiment signaled by market rotation. Artificial Superintelligence Alliance (FET) surged 9.42% to $0.8002, marking the strongest gain among major tokens by market cap. Arbitrum (ARB) followed, rising by 8.90% to $0.365 as enthusiasm for Ethereum layer two projects picked up again. Both Stacks (STX) and Worldcoin (WLD) both climbed over 7%, priced in at $0.7818 and $1.20. Aave (AAVE) gained…
Why Enterprises Should Start Investing in Blockchain Training Now The Growing Demand for Blockchain Expertise Blockchain technology is no longer confined to cryptocurrencies—it’s transforming industries from finance and supply chain to healthcare and digital rights management. As blockchain adoption expands, the demand for skilled professionals is skyrocketing. Enterprises that delay investing in blockchain training risk falling behind competitors who are already integrating decentralized solutions. By training employees now, organizations can future-proof their workforce and lead innovation in their respective sectors. Blockchain’s Impact on Business Efficiency Businesses stand to gain significant efficiency improvements by leveraging blockchain. Key benefits include enhanced transparency,…
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