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In a market dominated by optimism surrounding the price spikes of Bitcoin (BTC) and Ethereum (ETH), the non-fungible token (NFT) market has seen a decline in popularity. NFTs, which include digital artwork and collectibles recorded on blockchains, have recently experienced a notable loss of appeal.  According to a Bloomberg report, Google searches for NFTs have reached their lowest levels since 2021, when these tokens first gained mainstream attention. Popular NFT Collections Experience Steep Price Declines A significant drop in sales further highlights the NFT market’s struggles. Researcher DappRadar reveals that NFT sales have decreased by more than six percent to…

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Scarce City X VESA = Bitram Auction Now LIVEGet ready for the legendary Scarce City dropping a hot auction with OG artist VESA. June 11-13th. Bid here at Scarce dot city Watch a video on how the artwork was made and what it is all about. It’s the first Bitcoin specific piece VESA has made in a couple years now exclusively on Scarce.City – Youtube link Watch substance video number two on Youtube Auction page https://scarce.city/auctions/bit-ram-physical-ar How to bid: Input the amount of bitcoin you want to bid, an email address that we can reach you at, and a bidder…

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From being an underrated and very concealed digital currency to now declaring its potential to the world, crypto has come a long way. Similar to crypto, NFTs came from nowhere and today stand ahead of crypto.5 Ways to protect your NFT AssestWhen normal life is disturbed, innovation is often triggered, which gives rise to unexpected ideas which later become revolutionary. As a result, the Non-fungible tokens continue to make headlines. The NFT platform is reaching almost every industry today, not just digital arts or music.Non-fungible tokens, or NFTs, have emerged as a potential investment trend that, with some luck, could…

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ConsenSys is set to deploy Linea, its ZK-rollup network, to the main Ethereum network. Linea uses zero-knowledge (ZK) cryptography to offer cheaper and faster blockchain transactions; ConsenSys says fee rates, known as gas prices, will be 15 times less on Linea than Ethereum. ConsenSys says it does not currently have plans for a Linea token. ConsenSys, the research and development firm behind the popular Metamask crypto wallet, plans to roll out its layer-2 network, Linea, to the main Ethereum network this week. The so-called rollup network is known as a zkEVM, which means it relies on zero-knowledge (ZK) cryptography –…

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The stablecoin firm is one of the first to comply with Europe’s MiCA rules as they come into effect this summer. Stablecoin issuer Circle announced it has received permission to offer two of its tokens under the EU’s Markets in Crypto-Assets (MiCA) Regulation. Circle obtained an Electronic Money Institution (EMI) license from France’s banking authority to issue its USD-pegged stablecoin, USDC, which has a market cap of $33.7 billion, in the EU. The license also permits it to issue its euro-pegged stablecoin, EURC, which has a market cap of $37.1 million, in the region. The company said its stablecoin minting…

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The stablecoin firm is one of the first to comply with Europe’s MiCA rules as they come into effect this summer. Stablecoin issuer Circle announced it has received permission to offer two of its tokens under the EU’s Markets in Crypto-Assets (MiCA) Regulation. Circle obtained an Electronic Money Institution (EMI) license from France’s banking authority to issue its USD-pegged stablecoin, USDC, which has a market cap of $33.7 billion, in the EU. The license also permits it to issue its euro-pegged stablecoin, EURC, which has a market cap of $37.1 million, in the region. The company said its stablecoin minting…

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LONDON, June 27, 2024 /PRNewswire/ — Schneider Electric, the leader in digital transformation of energy management and automation, has today announced the availability of its APC™ Back-UPS™ Pro Gaming uninterruptible power supplies (UPS) in Europe. Celebrating 40 years of Legendary Reliability and leadership in critical power protection during 2024, the new, stylish, and state-of-the-art UPS has been designed to protect gaming equipment from power outages and deliver a robust power connection, despite energy spikes and failures. Back-UPS™ Pro Gaming has been specifically designed with gamers, streamers, and influencers in mind, delivering uninterruptible power protection, even in regions where the grid is unstable, keeping GPU-powered PCs, leading consoles,…

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Amit KumarNew York UniversityProof Carrying Data from folding GKR with protostarCurrent Interactive Verifiable Computation (IVC) schemes face challenges with the Witness-Multi-Scalar Multiplication (Witness-MSM) barrier, limiting efficiency. We propose leveraging the Goldwasser-Kalai-Rothblum (GKR) accumulation scheme to significantly reduce the witness size, overcoming these limitations. Utilizing the Protostar compiler, we will fold the GKR protocol, enhancing computational efficiency. Furthermore, we aim to extend IVC into a Proof Carrying Data framework, facilitating parallel folding in a tree structure to streamline verification processes and improve scalability.Pratyush MishraUniversity of Pennsylvania and Stanford UniversityZippel: A language and compiler for building proof systemsWe propose Zippel, a new…

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Monday 8 July 2024 A new case study showcases the successful implementation of cross-chain Delivery versus Payment (DvP) settlement using EEA DLT Interoperability Specification The Enterprise Ethereum Alliance (EEA) today released a new case study today demonstrating a successful implementation of its Distributed Ledger Technology (DLT) Interoperability Specification. The Distributed Ledger Technologies Interoperability Case Study highlights a Delivery versus Payment (DvP) settlement process involving multiple DLT networks. Key highlights of the case study include: Successful interoperability between a private permissioned Corda network for securities management and a private permissioned Ethereum network for payments Implementation of atomic settlement as per the…

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