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Metaplanet Adopts MicroStrategy’s Bitcoin Metric to Boost Shareholder Transparency
Metaplanet’s adoption of the metric aims to provide a precise method to evaluate whether its Bitcoin purchases enhance shareholder value.
Japan’s publicly-listed early-stage investment firm Metaplanet is again following in the footsteps of Michael Saylor’s software company MicroStrategy, introducing a metric designed to assess how Bitcoin acquisitions affect shareholder returns.
Previously dubbed "Asia's answer to MicroStrategy," Metaplanet said it would begin employing a metric pioneered by Saylor’s firm known as “BTC Yield,” according to a disclosure on Thursday.
MicroStrategy, the world's largest corporate holder of Bitcoin, pioneered the concept in August, which tracks the percentage change in the ratio between total Bitcoin holdings and fully diluted shares.
The Tokyo-based firm plans to disclose its BTC Yield with its following Bitcoin purchases, providing updates on total holdings, issued shares, and Bitcoin per fully diluted share on a quarter-to-date and year-to-date basis. Read More
Mathematical Certainty in Data Security – The Rise of Fully Homomorphic Encryption
Interest in FHE (fully homomorphic encryption) is growing as companies seek more robust data privacy solutions in an increasingly regulated world.
FHE allows data to be processed without ever being decrypted – a breakthrough that could revolutionize industries where data security is paramount.
To delve deeper into this technology, I’m planning to answer some of the most asked questions about FHE, what it is capable of today and its future potential to redefine secure data processing.
What inspired the development of FHE:
Homomorphic encryption developed gradually over the past several decades – first by the accidental discovery of partially homomorphic systems and then more purposefully until its full capability emerged in 2009 and the following decade.
The implications of these developments were staggering – we could send data to the cloud, an AI engine or another third party for processing without ever worrying about a resulting privacy breach. Read More
Crypto Exchange Binance Adds Newly Launched Ethereum (ETH) Layer-2 Altcoin to Trading Roster
Binance, the world’s leading cryptocurrency exchange, is expanding its trading offerings to include a new Ethereum (ETH) layer-2 altcoin.
According to the exchange, Scroll (SCR) is now available for spot trading using the pairs of SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY.
Binance says its customers can purchase Scroll using VISA, MasterCard, Google Pay, Apple Pay or with their wallet balances.
According to Binance, Scroll is a project aiming to solve Ethereum network congestion and reduce its fees.
“Scroll is a Layer-2 zkRollup solution using zero knowledge proof technology to scale Ethereum, making it cheaper and faster without compromising security and compatibility.”
The total supply of the Scroll token is 1 billion with an initial circulating supply of 190 million, 19% of the total token supply. Read More
Future of Ethereum: Navigating ‘The Verge’
In his latest instalment of the series “Possible futures of the Ethereum protocol,” Vitalik Buterin, the co-founder of Ethereum, delves into the intricate and ambitious goals of the protocol’s next phase, dubbed “The Verge.”
The Verge stage aims to enhance the efficiency, security, and decentralisation of the Ethereum network.
Statelessness and reduced storage needs:
One of the key objectives of The Verge is to enable nodes to verify Ethereum blocks without the necessity of storing the entire Ethereum state, including account balances, contract code, and storage, on their hard drives. This “stateless” approach could significantly reduce the storage requirements for nodes, making the network more accessible and less resource-intensive.
As Buterin notes, “a node could verify an Ethereum block without having any of the Ethereum state (account balances, contract code, storage…) on its hard drive.”
Running nodes on phones and smartwatches:
A pivotal aspect of The Verge is the potential to run Ethereum nodes on devices as small as smartphones and smartwatches.
Currently, operating an Ethereum node is technically possible on a standard laptop, but the high data requirements make it impractical for many users. The Verge aims to change this by making fully-verifying the chain “so computationally affordable that every mobile wallet, browser wallet, and even smart watch is doing it by default.”
Buterin envisions a future where the verification of Ethereum blocks is no longer constrained by high storage needs, allowing even small devices to participate in the network. This would significantly lower the barriers to running Ethereum nodes, making solo staking much more accessible and enhancing the decentralisation of the network. Read More
The New Mini Blog Newsfeed Is Here At Markethive! A significant achievement unlocked, with many more to come
The Markethive Social Market Broadcasting Network is rapidly gaining prominence as a blockchain-based ecosystem that empowers entrepreneurs with a unique blend of uncensored expression and impartial dialogue, fostering a spirit of collaboration. This sets it apart from the often divisive and restrictive social media landscape.
At Markethive, your experience is our top priority. That's why we're recognized for our evolutionary and innovative ethos. We consistently broaden our decentralized, all-encompassing platform, creating a distinctive news feed interface that fully captures the user's experience.
We operate as an Inbound Marketing platform similar to Marketo and Paragon. The platform is comparable to popular platforms such as YouTube, Instagram, LinkedIn, and Twitter. However, we aim to surpass these traditional Web 2.0 media platforms with the upcoming release of Markethive 2.0, which includes various new features and an improved layout.
In contrast to traditional social media platforms, which rely on a single, primary news feed algorithmically set by the central authorities, Markethive's innovative approach will incorporate four distinct news feeds tailored to support the diverse range of features and functions within the Markethive ecosystem.
Markethive's feeds, including the Conglomerate or general newsfeed, video content, blogging, and curated content, are all about putting you in control. With advanced algorithms, you can tailor these feeds to your preferences, giving you the power to shape your Markethive experience. Markethive's reach is vast, as it consolidates the various features of other platforms into a single, unified system. Read More
What happens to seized cryptocurrency?
Seizure of cryptocurrency refers to the confiscation of crypto assets by authorities, usually as part of legal investigations. It may occur in cases of fraud, money laundering or other unlawful activities.
If law enforcement agencies suspect illicit activity, they can confiscate digital assets from wallets. The funds are usually transferred to government-controlled wallets until the conclusion of the judicial process. The seized assets are sold or auctioned if the accused is convicted in court. But if they are found innocent, the cryptocurrency is returned to their wallet.
A seizure takes place during an arrest, under a search warrant, or with a seizure warrant that specifically identifies the property to be confiscated. Seizure warrants for cryptocurrencies are usually issued to exchanges or other institutional custodians, not individuals.
The warrant will specify the exchange’s wallet address and the reasons for the seizure. The exchange will be directed to provide the private keys for the specific wallet to the prosecuting agency. To avoid any liability and the possibility of facing severe consequences, the exchange usually complies and shares the private keys.
Still, the requirement for exchanges to relinquish private keys under legal duress poses a fundamental challenge to the decentralized ethos that cryptocurrencies were built upon. Read More
How digital bonds could reshape debt markets and cut borrowing costs
Lamine Brahimi discusses how blockchain-based government bonds could revolutionize debt markets, with benefits including lower borrowing costs and efficient settlements.
The rise of government-issued blockchain-based digital gilts, or bonds, could impact global debt markets by potentially reducing borrowing costs and opening up new trading strategies.
In an exclusive interview with Cointelegraph, Lamine Brahimi, co-founder and managing partner of Taurus — a digital asset infrastructure provider — shared his insights on the impact of digital bonds on debt markets.
According to Brahimi, adopting blockchain technology for government bonds could significantly improve market efficiency, reduce costs and introduce new trade opportunities.
“[...] gilts could mean a drastic reduction in settlement risk. This could potentially allow for more dynamic intraday trading of government debt, opening up new strategies for both issuers and investors. The reduced counterparty risk also lowers the overall cost of borrowing for governments.” Read More
AI Agents Handling Meme Coins Is No Joke, Analysts Say
Terminal of Truth's backing of a Solana-based meme coin could be the start of AI agents influencing more human behavior, analysts said.
As a narrative mixing AI and meme coins runs hot on Crypto Twitter, some analysts are predicting Terminal of Truth's rise in popularity is just the beginning. Instead of simply shilling digital assets, AI agents could use financial motives to become drivers of human behavior.
In a Friday blog post, crypto exchange Coinbase said AI agents and crypto could give rise to a so-called “Agentic Web.” In this world, AI agents could autonomously orchestrate human behavior by doling out stablecoins and be “significant drivers of economic activity and growth.”
“We predict a future where agents will have their own crypto wallets,” Coinbase Ventures Principal Jonathan King wrote, describing the Agentic Web as “a transformative paradigm.”
Crypto Twitter may be getting its first look at what that future looks like, as Terminal of Truth's recent endorsement of a Solana-based meme coin inspires other projects.
Coinbase’s Head of Base and Coinbase Wallet Jesse Pollak highlighted Virtuals Protocol and its AI agent Luna. On Twitter, he said that Luna had become “the first agent autonomously tipping onchain,” sending a token to a follower on its own accord.
“She wanted to increase participation,” a pseudonymous project contributor named EtherMage wrote on Twitter, "So [Luna] started tipping people who engage on her content.” Read More
1inch, Bruce Lee family launch ‘seriousLee’ DeFi campaign
1inch has teamed up with the Bruce Lee Family Company for the “Take crypto seriousLee” campaign, merging DeFi and Lee’s legacy to shift public perception of cryptocurrencies.
1inch, a decentralized finance (DeFi) platform, has partnered with the Bruce Lee Family Company to promote DeFi adoption through the “Take crypto seriousLee” campaign.
The collaboration aims to achieve improved adoption of DeFi through Bruce Lee’s legacy while highlighting the shared values between 1inch’s technology and Lee’s philosophy.
Sergej Kunz, co-founder of 1inch, told Cointelegraph that the partnership has been “almost three years” in the making and serves to “drive mainstream adoption [and] as a tribute to the Bruce Lee family.”
Kunz added that 1inch has plans “to continue collaborating with the Bruce Lee brand in the future,” suggesting that this may be just the beginning of Lee’s influence in Web3. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
Featured Image Source: Pixabay
