Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Encryption
Layer-2 blockchain Fhenix to conduct Encryption Day Event at EthCC on July 9
Layer-2 blockchain Fhenix will host a developer-focused event next month in early July along with EthCC exploring practical applications of FHE, ZK, and MPC within the Ethereum ecosystem. Encryption Day at Ace Events in Brussels will feature keynotes by Justin Drake of Ethereum Foundation and Ed Felten of Arbitrum, alongside experts from Fhenix, Zama, StarkWare, and others. Fhenix, the fully Homomorphic Encryption (FHE) Layer 2 blockchain, announced the Encryption Day scheduled next month on July 9 which will be a…
11 months ago
Everything You Need To Know About Cryptography
Cryptography is essential for preventing cybercrime and ensuring that delicate information does not reach unauthorized people. Sensitive information may entail data on online payments, emails, internet banking, and even private and service message exchange. There is extensive internet use and, in return, much data on networks, including sensitive information. Therefore, to protect your confidential information from unauthorized personnel, you must implement sophisticated systems to ensure your data's high privacy level. What, then, is cryptography, and why is it important? What…
5 years ago
Unbreakable Encryption Chips – How this Concerns Bitcoin
Recently, researchers at the University of St. Andrew’s, King Abdullah University of Science and Technology in Saudi Arabia, and the Center for Unconventional Processes of Sciences in California introduced a prototype silicon chip. These developers claim the chips provide unbreakable encryption. Nature Communications published an article concerning this new system and pointed out that it utilizes chaotic wavepackets in conventional silicon-based semiconductors. Cryptocurrencies depend on traditional encryption standards, which may soon become outdated due to innovations in quantum computing. There…
5 years ago