Category Archive: Cryptocurrency, No picture
Satoshi’s Bitcoin holdings at risk as quantum computing advances, says Ava Labs co-founder
Key Takeaways Ava Labs co-founder highlighted the vulnerability of early Bitcoin holdings to quantum computing attacks. Current quantum computing capabilities do not yet pose a threat to Bitcoin’s security. Share this article Google’s new quantum computing chip Willow has sparked fresh concerns about Bitcoin’s security. As quantum computing advances, it could become powerful enough to […]
Crypto crash wipes out $1.7 billion in leveraged positions, Bitcoin plunges toward $94,000
Key Takeaways The crypto market crash led to $1.7 billion in leveraged position liquidations within 24 hours. Despite concerns over quantum computing’s impact on crypto security, current threats remain minimal. Share this article A sharp crypto market correction triggered $1.7 billion in liquidations over 24 hours, with Bitcoin falling from above $100,000 to $94,100 and […]
Russian lawmaker proposes national Bitcoin reserve
Key Takeaways A Russian lawmaker has proposed the creation of a national Bitcoin reserve to counteract sanctions and geopolitical risks. The proposal could influence other sanctioned countries to consider cryptocurrencies as tools for maintaining financial stability. Share this article A Russian lawmaker has proposed creating a national Bitcoin reserve to hedge against geopolitical risks and […]
Google’s quantum chip ‘Willow’ shatters records, compressing centuries of computing into minutes
Key Takeaways Google’s Willow quantum chip outperforms supercomputers solving tasks in 5 minutes vs. 10 septillion years. No real-world applications have been identified yet, but potential uses for Willow span medicine, energy, and AI, including drug discovery and fusion energy research. Share this article Google has unveiled its latest quantum chip, Willow, demonstrating unprecedented performance […]
What Paul Atkins as SEC Chair and David Sacks as Crypto Czar mean for the future of crypto
Key Takeaways Paul Atkins is expected to implement a lighter regulatory approach as SEC Chairman. David Sacks’ role as Crypto Czar could position the US as a leader in global crypto policy. Share this article With President-elect Donald Trump naming Paul Atkins as SEC Chair and venture capitalist David Sacks as the first-ever White House […]
OpenAI set to release Sora AI video generator to the public today
Key Takeaways In a video uploaded earlier today, tech reviewer Marques Brownlee announced that OpenAI will roll out Sora, its AI video generation tool, to the public today. EU and UK users might face delays in accessing Sora, continuing OpenAI’s cautious regional rollouts. Share this article OpenAI’s AI video generation tool, Sora, is officially being […]
MicroStrategy buys another 21,550 Bitcoin for $2.1 billion, boosting holdings to $42B
Key Takeaways MicroStrategy acquired 21,550 Bitcoin for $2.1 billion, raising its total holdings to 423,650 BTC. The company has raised capital through share sales to fund its ongoing Bitcoin purchases. Share this article MicroStrategy, the world’s largest corporate Bitcoin holder, said Monday it had added 21,550 BTC worth around $2.1 billion to its portfolio. The […]
El Salvador to narrow Bitcoin laws to secure $1.3B loan from IMF—report
Key Takeaways El Salvador is negotiating a $1.3 billion loan from the IMF requiring changes to its Bitcoin legal tender law. The country plans to make accepting Bitcoin voluntary for businesses to comply with the IMF conditions. Share this article El Salvador plans to make some changes to its approach to Bitcoin in order to […]
Amazon shareholders urge company to allocate at least 5% of its assets to Bitcoin
Key Takeaways Amazon shareholders are advocating for at least 5% of company assets to be allocated to Bitcoin. The proposal points out that Bitcoin has outperformed other assets such as corporate bonds in recent years. Share this article A group of Amazon shareholders is pushing for the company to allocate a minimum of 5% of […]
Cardano Foundation X account under attack, hackers spread misinformation about SEC lawsuit
Key Takeaways The Cardano Foundation tweeted that they had been served with a lawsuit by the SEC, which was soon identified as a false claim by hackers. Hackers also posted about a fake Cardano token on Solana. Share this article Cardano Foundation’s official X social media account has been under attack, with hackers posting false […]
