Microsoft breakthrough signals quantum-exclusive future for blockchain mining
The new hardware could ultimately host a theoretical algorithm with the potential to transform proof-of-work.
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Meta loses bid to wriggle out of billionaire’s crypto scam ad lawsuit
Meta cited a section of a 1996 federal law in an attempt to escape a crypto ad lawsuit from Australian billionaire Andrew Forrest, but a U.S. federal judge said it wasn’t enough.

Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet
Thursday, September 6: crypto markets are blisteringly red, with virtually all of the top 100 coins posting hefty losses on the 24-hour charts, as Coin360 data shows.Market visualization from Coin360Bitcoin (BTC) is trading at around $6,492 at press time, down almost 6.32 percent on the day, according to Cointelegraph’s Bitcoin Price Index.Having broken through the…

Bitcoin may sustain $10K as gold nears ‘inflection point’ vs. stocks
Gold and Bitcoin as safe havens may be about to outperform stocks, a Bloomberg strategist says. Huge gains in stock markets despite the dire economic consequences of coronavirus may soon be a thing of the past, one analyst warns.In a tweet on Sep. 4, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said that gold…

Russia to Implement Blockchain Tech in University Exam for Education Quality Control
The Russian Federal Service for Supervision in the Sphere of Education and Science, (Rosobrnadzor) will implement blockchain technology in the country’s main graduation examination, major Russian news agency TASS reports Feb. 5.Starting this year, Rosobrnadzor intends to implement blockchain technology in the Unified State Exam (USE), which is the only form of graduation examinations in…

Donald Trump Just ‘Advertised’ Bitcoin After Fed Creates $6 Trillion
Bitcoin (BTC) gained ironic support from United States President Donald Trump on March 27 after he appeared to say he supported manipulating the dollar.In a press conference quoted by various Twitter commentators, including Blockstream CSO, Samson Mow, Trump defended the Federal Reserve printing more than $6 trillion.Trump: the dollar is “our money, our currency”“The beautiful…

Canadian Banks Wary of QuadrigaCX Assets’ Origins, Cite Money Laundering Concerns
Canadian banks have showed hesitation concerning the management of insolvent cryptocurrency exchange QuadrigaCX’s assets, national public broadcaster CBC reports on Feb. 22.QuadrigaCX has faced financial difficulty following the sudden death of its founder Gerry Cotten, who was the allegedly only one with access to the exchange’s cold wallets.As Cointelegraph reported earlier this week, QuadrigaCX has…

Fidelity seeks approval for 2 more crypto-metaverse ETFs
The funds will track Fidelity proprietary Crypto Industry and Digital Payments and Metaverse indices. 332 Total views 26 Total shares Fidelity Investments appeared undeterred by the U.S. Securities and Exchange Commission's, or SEC's, rejection of its Wise Origin Bitcoin Trust spot exchange-traded fund (ETF) on Thursday. Following the setback, the company filed two more prospectuses involving…

Robinhood, Melvin, and Citadel execs expected to testify on GameStop before Congress
The price of GME has fallen almost 90% since lawmakers first called for a hearing. 854 Total views 8 Total shares Executives from companies involved in the recent controversy between hedge funds and retail investors from Reddit may be testifying at a House Financial Services Committee hearing next week.According to a Reuters report, two people…