Quantum computer ‘threat’ to crypto is exaggerated — for now
Bitcoin’s private keys won’t be breached any time soon, but the industry still needs to transition to “post-quantum cryptography.”
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Cryptocurrency News From Japan: April 5 – April 11 in Review
This week’s headlines from Japan included GMO Coin unveiling Basic Attention Token (BAT) lending, Nitori using blockchain for furniture logistics, blockchain solution outfit, Ginco, receiving funding from DBJ Capital, Japan's stay at home order impacting crypto businesses, and a representative from the Japan Restoration Association questioning crypto taxes. Check out some of this week’s crypto and…
The outcome of SBF’s prosecution could determine how the IRS treats your FTX losses
FTX founder Sam Bankman-Fried has received official criminal charges after the collapse of his cryptocurrency exchange, which is more than just a moral victory for the exchange’s roughly 1 million individual investors. While not locked in yet, things appear to be on track for these investors to take a more favorable tax position as SBF’s…
Price analysis 9/14: BTC, ETH, XRP, BNB, DOT, LINK, BCH, CRO, LTC, BSV
Most retail traders find it difficult to go against the herd and buy when the market is down. They generally wait for the price to recover and for improvements in sentiment before jumping in. By doing this, retail traders typically miss the larger part of relief rallies and pocket a smaller profit.On the other hand,…
Vitalik: Centralized USDC could decide the future of contentious ETH hard forks
Speaking at the BUIDL Asia event in Korea, Vitalik Buterin said that centralized stablecoins like USDC & USDT will become significant deciders in future hard forks. Ethereum co-founder Vitalik Buterin says that centralized stablecoins such as Tether (USDT) and Circle USD (USDC) could become “a significant decider in future contentious hard forks.”Buterin was speaking at…
CoinShares acquires French crypto asset manager Napoleon AM
CoinShares previously agreed to acquire the entire issued share capital in Napoleon Crypto SAS for $14.5 million in November 2021. 178 Total views 29 Total shares Major European digital asset manager CoinShares is finalizing the acquisition of the French fintech firm Napoleon Group despite the ongoing market decline.CoinShares announced on July 4 that the firm…
Breaking: Binance Connect shutting down on August 16
A spokesperson said the move came in response to 'changing market and user needs.' 663 Total views 3 Total shares Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will shut down on August 16. Cointelegraph confirmed on August 15 via an email with a Binance spokesperson. The same day, BNB Chain decentralized exchange Biswap…
Realized losses from FTX collapse peaked at $9B, far below earlier crises
Weekly-realized losses peaked at $20.5 billion when Terra Luna (LUNC) imploded and reached $33 billion when 3AC and Celsius collapsed, according to Chainalysis. 1472 Total views 35 Total shares Own this piece of crypto history Collect this article as NFTBlockchain analytics firm Chainalysis has attempted to put the FTX collapse into perspective — comparing peak…
When worlds collide: Joining Web3 and crypto from Web2
A friend of mine who is a seasoned Web2 tech executive joined a Web3 company in June. A switched-on operator, he asked to speak with all 16 staff before deciding to join the firm.This shows that Web3 joiners need to really hone in on the mission when jumping ship from the old tech world.Is the…