Author: Kryptonews
IG Group will allow retail investors in the United Kingdom to trade 38 cryptocurrencies on its multi-asset platform from Tuesday, June 3, becoming the first London-listed broker to offer spot tokens.The firm’s integration relies on a partnership with digital-asset exchange Uphold, which will provide custody and execution services. The Financial Services Compensation Scheme does not cover assets held with Uphold, and trading will be limited to fully paid positions with no leverage.“Customer demand is reaching a tipping point,” IG U.K. managing director Michael Healy told The Times, adding that traditional account holders want direct exposure to bitcoin, ether, and a growing…
Bitcoin wallet recovery can seem like a daunting task, particularly if you’ve lost access to your wallet. It’s crucial to understand the process, the tools available, and the common pitfalls to avoid. This article aims to shed light on the complexities involved to help you navigate this potentially stressful situation. What Causes Bitcoin Wallet Loss? Before diving into recovery, it’s important to understand why wallet access is lost in the first place. Common causes include: Lost or Damaged Devices: Losing your phone, computer, or hardware wallet containing your wallet file is a frequent issue. Forgotten Passwords or PINs: Forgetting the…
Introduction to Blockchain in Finance The rise of blockchain technology has significantly influenced the financial sector by offering a secure, transparent, and efficient alternative to traditional database systems. Unlike centralized databases, blockchain solves many of the existing problems in finance, such as fraud, operational inefficiencies, and lack of trust. This decentralized approach allows financial institutions to streamline processes while enhancing security and compliance. Key Advantages of Blockchain Over Traditional Databases Enhanced Security and Fraud Prevention Blockchain’s cryptographic hashing and distributed ledger architecture make it resistant to data manipulation. Every transaction is validated by multiple nodes, ensuring consensus before recording, which…
The Louvre in Paris is set to return more than 250 objects from the bequest of the late arts patron and socialist Baroness Adèle de Rothschild after they landed in the museum’s collection by error.The mistake was uncovered five years ago after a cross-inventory of the Louvre’s collection. The items will be returned to the Fondation des Artistes, a private cultural organization which funds artists and art schools. It is headquartered in the Hôtel Salomon de Rothschild, which the baroness built on 11 rue Berryer in Paris and used as her private residence.Rothschild, who died in 1922, bequeathed the building…
Japanese investment company Metaplanet has become the world’s eighth-largest corporate holder of Bitcoin, continuing its aggressive strategy to promote Bitcoin adoption across Asia.The company acquired an additional 1,088 Bitcoin (BTC) at an average price of $108,400 per coin for a total of $117.9 million, the investment firm announced in a June 2 X post.The latest acquisition pushed Metaplent’s total holdings to over 8,888 BTC, making it the world’s eighth-largest corporate Bitcoin holder, surpassing Galaxy Digital Holdings’ 8,100 BTC and Block Inc.’s 8,485 BTC, according to Bitbo data.The 10 largest Bitcoin holding companies worldwide. Source: BitboRelated: MARA’s Bitcoin mining revenue hits…
Today’s episode is sponsored by CME Group.Today’s Stories:EU Markets Regulator Warns of DeFi’s ‘Serious Risks’Decentralised Finance in the EU: Developments and risksBitcoin Might Get Ethereum-Style Smart Contracts Under ‘BitVM’ PlanFrom our sponsors:CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin andether trading. These cash-settled contracts give full exposure to crypto performance without thehassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in atransparent, 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 notintended to be accessed by recipients based in jurisdictions in which distribution is…
IntroductionThe cryptocurrency market continues to be synonymous with volatility, and its unpredictable nature spares no investor—retail or institutional—without careful strategic planning. The latest market tremor was catalyzed not by internal blockchain developments, but by intensifying global tariff conflicts between economic powerhouses like the United States and China. As tensions escalate, traditional equities responded with sharp declines, exposing vulnerabilities in fiat-based frameworks. Yet, Bitcoin (BTC) exhibited remarkable resilience, momentarily dipping during liquidation events before mounting a significant recovery above $104,300.This is not simply another volatile swing—it’s an important signal that cannot be ignored. It reveals a deeper, structural shift where Bitcoin…
Understanding the Quantum Threat Quantum computing represents a fundamental shift in processing power, one that threatens the cryptographic foundations of blockchain technology. Current blockchain security relies on algorithms like ECDSA (Elliptic Curve Digital Signature Algorithm) and SHA-256 (Secure Hash Algorithm 256), which are computationally infeasible to break with classical computers. However, quantum computers—specifically those leveraging Shor’s Algorithm—can theoretically break these cryptographic barriers in polynomial time, compromising private keys, transactions, and network consensus. How Quantum Computers Break Blockchain Security Shor’s Algorithm: This quantum algorithm can factor large numbers exponentially faster than classical algorithms, rendering RSA encryption useless. Though blockchain primarily uses…
Crypto gaming startup Orange Cap Games (OCG) has acquired the intellectual property of the Ethereum-based non-fungible token collection Moonbirds from Yuga Labs.OCG said on May 30 that it bought the Moonbirds, Mythics and Oddities NFT collections from Yuga, but did not disclose details or pricing of the deal.It comes a little over a year after Yuga acquired the three collections when it took over the company that created them, PROOF, in February.“Moonbirds deserve a team whose whole world is the birds, and there’s no one better than Orange Cap Games to help them reach their potential,” Yuga Labs co-founder Greg…
A large week for labor markets looms with four employment-related reports to be released in addition to a speech from the Federal Reserve chair and two PMIs. Meanwhile, trade tensions between the United States and China are escalating again. Beijing reportedly stated that it will “take forceful measures to safeguard its legitimate rights and interests” if the US insists on “going its own way and continues to undermine China’s interests.” The comments follow US Treasury Secretary Bessent stating over the weekend that China is “withholding some of the products that they agreed to release during our agreement.” Crypto markets have…
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