Google unveils new quantum computing chip: Clock ticking for crypto encryption?
One expert says while Willow is a significant development, it’s still far short of being a threat to crypto encryption, at least for now.
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Ava Labs COO’s X account suspected as hacked after posting memecoin
The X account of Ava Labs’ operating chief, Luigi D’Onorio DeMeo, has been touting memecoins and other suspicious links, prompting many to warn it's likely a phishing scam.
Iran halts authorized crypto mining to save energy for winter
Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer. 438 Total views 7 Total shares Amid Iran’s energy consumption increasing during the winter, local energy authorities have decided to halt operations of authorized cryptocurrency mining centers.Mostafa Rajabi Mashhadi, chairman of the board and managing director…
Bitcoin revenue per terahash nears record lows as hashrate soars
As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability. 534 Total views 14 Total shares Bitcoin mining revenue or “hash price” — a measure of dollars earned per TH/s per day — has slumped to levels not seen since the collapse of FTX in November 2022,…
Medalla Testnet Problems ‘Will Not Delay ETH 2.0’ Says Prysmatic Labs
Prysmatic Labs calls the Medalla testnet incident a “learning experience” and says the launch of ETH 2.0 can proceed as planned. Rumors of the death of the Medalla testnet have been greatly exaggerated says Prysmatic Labs’ editor Raul Jordan, who adds that despite the mishap, the launch timetable for ETH 2.0 remains on track.Medalla —…
Friend.tech team sold $52M in 6 months, faces rug pull allegations
The Friend.tech team said on Sept. 10 that they have no plans to discontinue their website application.
Binance Labs’ $500M fund to catalyze crypto, Web3, blockchain adoption
Binance Labs plans to allocate the latest $500 million fund to projects across various stages — incubation, early-stage and late-stage growth. 370 Total views 10 Total shares Binance Labs, the investment arm of crypto giant Binance, launched a $500 million fund in partnership with global investors including DST Global Partners and Breyer Capital to drive…
Bitcoin sell pressure may hit zero in July thanks to Grayscale’s giant 16K BTC unlocking
The biggest single unlocking day will flush sellers from the market in July, opening up both volatility and bullish potential. 3946 Total views 4 Total shares Institutional Bitcoin (BTC) investors are in the spotlight as an upcoming major cashout date sparks talk of fresh price volatility.As noted by popular Twitter commentator Loomdart and others this…
Japan plans to form expert panel to explore digital yen: Report
The ministry’s panel will reportedly focus on developing a framework for a central bank digital currency based on a technical study carried out by the Bank of Japan over the past two years. 227 Total views 1 Total shares Own this piece of history Collect this article as an NFTJapan's Finance Ministry is planning to…