Latest news with #NFT
Globe and Mail
2 days ago
- Business
- Globe and Mail
Colle AI Advances Interoperability with Scalable XRP Cryptocurrency Systems for NFT Deployment
Subtitle: Platform expands XRP-based infrastructure to streamline cross-chain asset movement and accelerate intelligent NFT creation Singapore, Singapore--(Newsfile Corp. - May 30, 2025) - Colle AI (COLLE), the multichain AI-powered NFT platform, has advanced its interoperability framework by scaling XRP cryptocurrency support across its ecosystem. This update enables smoother NFT deployment and faster asset transfers between XRP Ledger and other major blockchain networks through intelligent, automated systems. To view an enhanced version of this graphic, please visit: The platform's upgraded XRP module enhances routing logic, reduces transaction latency, and improves accuracy in smart contract interactions. These features allow creators to mint and move NFTs across Solana, Ethereum, Bitcoin, and BNB Chain using XRP with greater speed and control-powered by Colle AI's adaptive automation engine. Colle AI also optimized its backend to align with XRP's native efficiencies, enabling real-time metadata updates, low-cost contract execution, and seamless user experience across multichain environments. The integration offers both novice and advanced creators the ability to scale digital assets without sacrificing functionality or performance. With this move, Colle AI continues to lead in multichain NFT innovation-bridging ecosystems through scalable XRP functionality and intelligent deployment tools built for the evolving Web3 space. About Colle AI Colle AI leverages AI technology to simplify the NFT creation process, empowering artists and creators to easily transform their ideas into digital assets. The platform aims to make NFT creation more accessible, fostering innovation in the digital art space. Media Contact Dorothy Marley KaJ Labs +1 707-622-6168 media@ Social Media Twitter Instagram
Forbes
2 days ago
- Business
- Forbes
Cardano Vs. Ethereum: Key Differences Every Crypto Investor Should Understand
Ethereum's 2015 debut introduced a programmable layer that transformed blockchains from static ledgers into bustling, decentralized marketplaces for everything from art to arbitrage. A little over two years later, Cardano entered the fray with an 'academic-first' approach that promised to fix what Ethereum was still figuring out. In 2025, these two platforms anchor many 'Which crypto should I buy?' debates, yet they are built on markedly different blueprints. This article unpacks those blueprints. We'll explore histories, consensus mechanics, token economics, staking and real-world deployments, then explore the technical elements so investors can decide which network, if either, fits their portfolio. Ethereum's white paper was published in late 2013, and the network went live on July 30, 2015. Its founding mission was bold: to become a 'world computer' that would let anyone deploy self-executing smart contracts without third-party involvement. That vision has delivered a thriving decentralised finance (DeFi) market, a multibillion-dollar NFT industry and a developer community that dwarfs any other blockchain. Two headline upgrades reshaped that trajectory. EIP-1559 (August 2021) introduced fee-burning, partially offsetting new ETH issuance. Then the Merge (September 15, 2022) swapped energy-intensive proof-of-work mining for proof-of-stake (PoS), cutting the network's electricity footprint by roughly 99.95%. Ethereum still dominates smart-contract activity, but the network's popularity may be its curse: base-layer transactions remain comparatively slow and expensive despite a constellation of Layer-2 rollups racing to ease the bottlenecks. A spring-2025 Pectra upgrade has lowered costs and raised the validator cap, yet daily fees still spike during on-chain frenzies. Cardano went live on September 29, 2017, spearheaded by Ethereum co-founder Charles Hoskinson and engineering firm IOHK (now Input Output Global). It brands itself as the first peer-reviewed blockchain: every protocol change is vetted through a typically very academic discussion before being implemented. That deliberate pace frustrates critics, but advocates insist it reduces the 'move fast and break things' risk that haunts crypto. The project's roadmap unfolds in named eras: Byron, Shelley, Goguen, Basho and Voltaire, each unlocking features such as staking, smart contracts and on-chain governance. Cardano's core pitch is a secure, scalable backbone for identity, supply-chain and financial applications, especially in emerging markets. For example, Ethiopia's Ministry of Education is rolling out blockchain-verified academic credentials for five million students via Atala PRISM. Both networks secure themselves with proof-of-stake, but they implement it very differently. Understanding those mechanics is important as consensus shapes energy use, decentralization incentives and long-term economics. Ethereum's Beacon Chain coordinates ~1 million validators who each post 32 ETH (≈$82k at recent prices) as collateral. Validators win block-proposing rights roughly every twelve seconds; correct behaviour earns ETH, while downtime or malicious activity can trigger 'slashing' penalties. Average yields hover around 3%-4% annualised, slightly higher if nodes capture maximal extractable value (MEV) via MEV-Boost. PoS reduced ETH issuance roughly 90%, yet ETH recently flipped to marginally inflationary after the March 2025 Dencun fork pushed transactions to cheaper Layer-2s, lowering base-layer fee burns. Supply is now just above 120.4 million ETH. Cardano's Ouroboros is the first PoS algorithm with formal security proofs. Time is sliced into five-day epochs, each subdivided into slots that slot leaders (chosen proportionally to stake) fill with transactions. Because stake pools can accept delegation without bonding periods, anyone can earn ADA in minutes using a mobile wallet; no 32-coin hurdle like ETH exists. Rewards adjust over time and currently sit around 1.7% – 2% on major exchanges, though independent pools sometimes top 4%. Ethereum set the standard for smart contracts with Turing-complete Solidity contracts that now secure ~$63 billion in total value locked (TVL). A rich toolbox including ERC-20 tokens, composable DeFi 'money legos,' decentralized autonomous organisations and NFT standards has attracted developers despite high gas fees. Cardano followed later; the Alonzo hard fork (September 2021) introduced Plutus smart contracts written in Haskell-inspired PlutusCore and Marlowe, domain-specific languages for financial agreements. Uptake was slow, hampered by technology gaps, but 2024's Aiken compiler and Hydra scaling heads lowered entry barriers. Cardano smart contracts run off-chain during the validation process. This design improves determinism and enhances security, but it also limits real-time (synchronous) interactions between decentralized applications, a deliberate trade-off in the platform's architecture. In practice Ethereum still hosts the lion's share of DeFi liquidity, yet Cardano's ecosystem is growing, helped by recently launched stablecoins, on-chain order books like Minswap, and identity-driven dApps targeting African small and medium-sized enterprises. Both platforms issue native coins, ETH and ADA, to compensate validators and fund development, but they differ on hard caps and monetary policy. Ethereum intentionally avoided a fixed ceiling to provide a perpetual security budget. Pre-Merge emissions ran ~4.3% annually; post-Merge, emissions dropped under 1%, and base-fee burning has occasionally pushed net issuance negative. With fees migrating to Layer-2s, the pendulum has swung back to mild inflation, a design choice that keeps validator rewards competitive. ADA is hard-capped at 45 billion coins, of which ~35 billion circulate today. A treasury releases new ADA each epoch, tapering gradually until emissions cease circa 2060, after which on-chain transaction fees will pay for security and governance. The absolute cap mirrors Bitcoin and gives holders a clear dilution schedule. For retail investors, the hurdle of 32 ETH to run an Ethereum validator means most users join validation pools or liquid-staking tokens like stETH, which add smart-contract risk and, in some jurisdictions, securities-law ambiguity. Unstaking is now permissionless but subject to a queue; exits can take hours in calm periods or days when many validators leave simultaneously. Gas fees average $2-5 but spike into double digits when demand is high, such as during the recent meme-coin mania. Cardano, by contrast, lets holders delegate in a few clicks with no lock-ups and zero slashing. Transaction fees are predictable, roughly 0.17 ADA plus 0.1 ADA per kilobyte, and rarely breach $0.30 even at network peaks, thanks to larger block sizes and lower demand. The trade-off is lower absolute yield and a younger DeFi stack, which means slower capital gains versus ETH may erode staking rewards. Ethereum has become the default settlement layer for stablecoins ($100 billion+ in circulation), derivatives, lending markets and high-profile NFT collections. Fortune 500 giants, from Visa to Starbucks, pilot loyalty, carbon and supply-chain tokens on Ethereum or its Layer-2 cohorts. That critical mass has attracted talent, but also regulatory scrutiny. Cardano's use-case map focuses on social-impact projects, including, as mentioned above, verifiable diplomas in Ethiopia, land-registry proofs in Georgia, agricultural supply chains in Tanzania and tokenized micro-loans for farmers in Kenya. Although these projects are smaller in monetary value, they align with Cardano's objective of banking the unbanked, and have the potential to expand if regulators in emerging markets adopt blockchain technology. If you want exposure to the broadest developer mind-share, second-largest crypto market cap and a bet on Layer-2 scaling economics, Ethereum fits. It is, however, more correlated with speculative buzz: fee spikes, regulatory headlines and Layer-2 token dilution can whipsaw returns. Cardano appeals to long-term investors comfortable with slower iteration and emerging-market narratives. Its capped supply and non-custodial staking with instant liquidity reduce some risk, but lower dApp activity means fewer fee burns to prop long-term security once the treasury depletes — an open-ended governance problem. Bottom Line Ethereum and Cardano share a PoS basis yet diverge on philosophy: Ethereum prizes rapid composability and market capture; Cardano values formal verification and methodical rollout. That contrast shows in consensus mechanics, supply curves, fee dynamics and developer cultures. Investors needn't pick a single winner; diversification across ecosystems can hedge regulatory or technical shocks, but understanding how each chain pays validators, processes transactions and drives demand is important before allocating capital. As the crypto market continues to develop, watch whether Ethereum's Layer-2 thesis lowers barriers fast enough to fend off faster base-layers, and whether Cardano can convert academic credentials into mainstream traction beyond Africa. Both are smart-contract blockchains, but Ethereum prioritizes first-mover composability and remains fee-burn, open-ended supply. Cardano emphasizes peer-reviewed upgrades, a 45 billion-coin cap and the Ouroboros PoS algorithm. Ethereum hosts the largest dApp ecosystem and developer tooling; Cardano's Plutus contracts are catching up but still lag in total value locked and library support. Yes. ETH requires 32 coins for solo validation or participation via pools; ADA can be delegated in any amount with no lock-up, though yields differ. Ethereum powers DeFi, stablecoins and NFTs globally. Cardano focuses on identity, supply-chain tracking, and financial inclusion projects in emerging markets.
Business Insider
3 days ago
- Business
- Business Insider
This crypto conference took down an 'anti-woke' ad. I went to see what it was like.
The video ad showed "America" at a therapist's office, where the country described its urge to innovate and was met with resistance from a "woke" therapist, who encouraged America to "channel this energy into something more productive, like coming up with a new gender." The ad was so over the top in its culture war stance that the Solana organization pulled the video a few hours later. I was curious: Would the tone of the conference, which was late last week, match the ad? Not really. I was surprised by what I found. I must report that crypto has entered its boring stage. It's no longer the wacky, eccentric, overhyped goofball world of NFTs and hype of a few years ago. Attendees wore normal clothing (OK, there was one guy in a sequin blazer). The crowd was largely male, in their 30s, and had the look of people who had full-time office jobs in tech. A colleague who was considering attending the conference with me lamented that it seemed a far cry from the NFT conventions of a few years ago — no good parties or big musical performances. There weren't gimmicky cartoons or celebrity endorsements. These were serious people who were here to work. With a caveat: The silly NFT and Constitution DAO days weren't that long ago, and even though the crypto industry has matured in certain ways, it's not that far off. At least one person I chatted with who had appeared as a speaker onstage to talk about stablecoins told me he used to work at OpenSea, the NFT trading platform, and still proudly owns a few NFTs. The big topic most of the speakers hit on: stablecoins. Stablecoins are often meant to be tied 1:1 to a fiat currency, like the US dollar. In theory, these are, well, stable (sort of) and intended for use as digital currency rather than a pure number-go-up speculation play. This is very much the hot thing of the moment. Last week, the GENIUS Act, which would create regulations for stablecoins, passed the House and is heading to the Senate. Politics did cast a long shadow on the event. Two New York Democrats gave fireside chats: Rep. Ritchie Torres and Sen. Kirsten Gillibrand talked about regulation, and both mentioned their distaste for President Donald Trump's memecoin. "Trump being involved in crypto is the worst news for this industry," Gillibrand said, to scattered applause. There was also political representation from the other side of the aisle. There was big applause for Bo Hines, who funded his failed 2022 campaign for the 13th congressional District in North Carolina with his own trust fund, and is now working under David Sachs as a sort of deputy crypto czar to Trump. Anthony Scaramucci, a character whose political affiliation is somewhat quixotic, enthused about the speed of crypto transactions compared to his early days on Wall Street. But it shouldn't be a surprise that the politics here weren't black-and-white. Crypto has a way of drawing mercurial ideas out of people that don't fall straight down party lines. Which is why the ad for the event, which espoused the meat-and-potatoes anti-woke viewpoint, seemed so out of place. So, is crypto boring and mainstream now? It almost seemed that way without the over-the-top glitz and pomp of the diamond hands emoji Lamborghini-loving crowd. (The same morning, a little over a mile away from the event, two people were arrested on suspicion of kidnapping and torturing a man to get his bitcoin password.) This has long been a dichotomy in the crypto world: the grounded engineers and business people working on projects with utility vs. the get-rich-quick schemers, crooks, and scammers. The attendees I chatted with were the former type — and they found real use and value in this conference.
Fashion United
3 days ago
- Business
- Fashion United
9dcc to cease operations: Crypto fashion brand ends activities due to economic headwinds
Fashion label 9dcc, which combines physical clothing with NFTs on the Ethereum blockchain, is ceasing operations at the end of May. This was announced yesterday by founder Gmoney, an anonymous creator and collaborator in the NFT world, via the platform X (formerly Twitter). Since its launch in 2022, the brand gained recognition with 'network products' (physical products linked to digital tokens such as NFTs on a blockchain), collaborations with Adidas and Mastercard, among others, and a fanbase that includes names such as Bradley Cooper and Chance the Rapper. The clothing was linked to digital tokens, thus forming a bridge between fashion and technology. According to a press release about its creation at the time, the crypto-native label offered a fresh perspective on fashion for a 'critical, digitally-first consumer'. 'We have been on a journey to bring the digital and physical worlds together over the past few years,' Gmoney wrote on X. 'We did groundbreaking drops, organised special events and built a community at the intersection of tech and fashion.' Nevertheless, economic factors proved insurmountable. 'Despite strong brand recognition and an engaged community, we were unable to overcome the macroeconomic headwinds within the Web3 consumer market and the global slowdown in luxury retail,' said Gmoney. Gmoney's fashion house 9dcc is a fully Web3-based brand that strives to redefine the luxury fashion industry. Credits: 9dcc logo FashionUnited has contacted 9dcc for more information. This article was translated to English using an AI tool. FashionUnited uses AI language tools to speed up translating (news) articles and proofread the translations to improve the end result. This saves our human journalists time they can spend doing research and writing original articles. Articles translated with the help of AI are checked and edited by a human desk editor prior to going online. If you have questions or comments about this process email us at info@
Yahoo
4 days ago
- Business
- Yahoo
I went to a crypto conference, and it was nothing like I expected
Solana's Accelerate conference in New York City was full of buzz about stablecoins. It lacked the flashy the over-the-top goofiness of earlier crypto conferences, which is probably good. There was some muted talk about politics, mainly about regulations. I wanted to go to the Solana Accelerate conference as soon as I saw the trailer for the crypto confab. The video ad showed "America" at a therapist's office, where the country described its urge to innovate and was met with resistance from a "woke" therapist, who encouraged America to "channel this energy into something more productive, like coming up with a new gender." The ad was so over the top in its culture war stance that the Solana organization pulled the video a few hours later. I was curious: Would the tone of the conference, which was late last week, match the ad? Not really. I was surprised by what I found. I must report that crypto has entered its boring stage. It's no longer the wacky, eccentric, overhyped goofball world of NFTs and hype of a few years ago. Attendees wore normal clothing (OK, there was one guy in a sequin blazer). The crowd was largely male, in their 30s, and had the look of people who had full-time office jobs in tech. A colleague who was considering attending the conference with me lamented that it seemed a far cry from the NFT conventions of a few years ago — no good parties or big musical performances. There weren't gimmicky cartoons or celebrity endorsements. These were serious people who were here to work. With a caveat: The silly NFT and Constitution DAO days weren't that long ago, and even though the crypto industry has matured in certain ways, it's not that far off. At least one person I chatted with who had appeared as a speaker onstage to talk about stablecoins told me he used to work at OpenSea, the NFT trading platform, and still proudly owns a few NFTs. The big topic most of the speakers hit on: stablecoins. Stablecoins are often meant to be tied 1:1 to a fiat currency, like the US dollar. In theory, these are, well, stable (sort of) and intended for use as digital currency rather than a pure number-go-up speculation play. This is very much the hot thing of the moment. Last week, the GENIUS Act, which would create regulations for stablecoins, passed the House and is heading to the Senate. Politics did cast a long shadow on the event. Two New York Democrats gave fireside chats: Rep. Ritchie Torres and Sen. Kirsten Gillibrand talked about regulation, and both mentioned their distaste for President Donald Trump's memecoin. "Trump being involved in crypto is the worst news for this industry," Gillibrand said, to scattered applause. There was also political representation from the other side of the aisle. There was big applause for Bo Hines, who funded his failed 2022 campaign for the 13th congressional District in North Carolina with his own trust fund, and is now working under David Sachs as a sort of deputy crypto czar to Trump. Anthony Scaramucci, a character whose political affiliation is somewhat quixotic, enthused about the speed of crypto transactions compared to his early days on Wall Street. But it shouldn't be a surprise that the politics here weren't black-and-white. Crypto has a way of drawing mercurial ideas out of people that don't fall straight down party lines. Which is why the ad for the event, which espoused the meat-and-potatoes anti-woke viewpoint, seemed so out of place. So, is crypto … boring and mainstream now? It almost seemed that way without the over-the-top glitz and pomp of the diamond hands emoji Lamborghini-loving crowd. (The same morning, a little over a mile away from the event, two people were arrested on suspicion of kidnapping and torturing a man to get his bitcoin password.) The night before I attended, Trump held a dinner for top holders of his memecoin, where the crowd was reportedly somewhat disappointed by his brief speech and the mediocre food. This has long been a dichotomy in the crypto world: the grounded engineers and business people working on projects with utility vs. the get-rich-quick schemers, crooks, and scammers. The attendees I chatted with were the former type — and they found real use and value in this conference. But as a mere fly on the wall, I kind of wanted a little more of the latter group, just for the entertainment. Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
