Quantum Computers Need 90% Fewer Qubits
New research from @Google reveals quantum computers could crack Bitcoin and Ethereum cryptography using under 500,000 qubits, with potential attacks taking as little as nine minutes. #Update #Crypto $BTC $ETH
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New research from @Google reveals quantum computers could crack Bitcoin and Ethereum cryptography using under 500,000 qubits, with potential attacks taking as little as nine minutes. #Update #Crypto $BTC $ETH
US senators propose the ‘Mined in America Act’ to enhance Bitcoin mining and establish reserves, highlighting that 38% of Bitcoin’s hashrate is in the US, while 97% of mining machines are from China. #Update #Crypto $BTC
Oil prices surged to $105, historically linked to Bitcoin corrections of 14%-27%. Past events like Mt. Gox and Terra-Luna complicate correlation analysis. #Update #Crypto $BTC
Bitcoin ($BTC) faces resistance near $69,000; a drop below $65,000 could lead to further declines. Analysts predict potential support between $46,000 and $54,000. #Update #Crypto $BTC
Ran Neuner questions Bitcoin’s identity crisis and value proposition, emphasizing the need for data-driven investment strategies amid macroeconomic influences like inflation and geopolitical tensions. #Update #Crypto $BTC
Ran Neuner discusses Bitcoin’s identity crisis and the influence of macro trends on market risks in a recent Cointelegraph interview. #Update #Crypto $BTC
@WarnerMusic has signed licensing deals with AI platforms Udio and Suno, highlighting the need for blockchain infrastructure to address ownership and compensation issues in AI-generated music. #Update #Crypto $ETH
@Aave’s V4 has launched on Ethereum following a governance vote, introducing Aave Pro for advanced users and integrating Chainlink for oracle data in V4 markets. #Update #DeFi $AAVE
Bitcoin is on track for its first six consecutive months of losses since 2018, influenced by ongoing geopolitical tensions in Iran. #Update #Crypto $BTC
Concerns arise over the new White House app’s potential GPS tracking and data collection, with claims of location access every 4.5 minutes; security vulnerabilities also noted. #Update #Crypto
@Aave launches on OKX’s X Layer, enabling users to lend and borrow without bridging. Aave surpasses $1 trillion in cumulative lending volume, holding $23.5 billion in total value locked. #Update #DeFi $AAVE
Bitcoin ($BTC) faces challenges as US recession odds near 50%, with Larry Fink warning of global economic impacts from rising oil prices. Correlation with oversold stocks may affect BTC’s next moves. #Update #Crypto $BTC
@Gnosis and @Zisk, supported by the Ethereum Foundation, propose the “Ethereum Economic Zone” to enhance interoperability among layer-2 rollups, aiming to unify liquidity and infrastructure. #Update #Crypto $ETH
The transition to quantum-resistant blockchains faces governance challenges, particularly for decentralized networks like $BTC and $ETH, which may struggle with coordinated upgrades. #Update #Crypto $BTC $ETH