Quantum Computing Group Offers 1 BTC to Whoever Breaks Bitcoin’s Cryptographic Key
Project Eleven, a quantum computing research and advocacy firm, has launched the Q-Day Prize, a global competition offering 1 bitcoin (BTC) to the first team able to break an elliptic curve cryptographic (ECC) key, the cryptography which secures the Bitcoin network, using Shor’s algorithm on a quantum computer. Shor’s...
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SOL Jumps 6%, Bitcoin Clings to $84K on Dampened Rate Cut Hopes
Crypto markets steadily rose in Asian morning hours Thursday after a sell-off the night before as Fed chair Jerome Powell dashed hopes of early rate cuts as global markets reel from the impact of newly-levied U.S. tariffs. Bitcoin (BTC) added 2% in the past 24 hours, data from CoinGecko...
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Galaxy Digital, Whales, Institutions, Retail Sell Off Ethereum: How Low Can ETH Go?
TL;DR A growing number of various investors have continued to dispose of their ETH holdings, which could spell further trouble for the asset. With its price already struggling well at $1,600, the question remains – what’s next for the second-largest cryptocurrency? Galaxy, Whales, Institutions Offload The landscape around Ethereum...
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From Courtroom To Crypto: Semler Scientific Files To Buy $500-M In Bitcoin
Semler Scientific is looking to raise $500 million in new securities after settling a large case with the Department of Justice, according to company filings. The health care technology company will use some of the money to expand its crypto holdings, which are already in excess of 3,000 coins....
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VanEck to launch ‘NODE’ ETF targetting crypto-related stocks on May 14
VanEck is set to debut its new exchange-traded fund under the ticker NODE, on May 14, expanding its lineup of crypto-related investment products. VanEck’s head of digital assets, Matthew Sigel, announced in an Apr. 16 post on X that the…...
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Synthetix’s sUSD stablecoin falls below $0.8 despite peg recovery measures
Synthetix’s algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. According to CoinGecko’s price data, sUSD has dropped to $0.7924 as of Apr. 17, down more than 8% in the past 24 hours.…...
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Mike Novogratz’s Galaxy Ventures Fund on track to raise $180m for crypto startups
Billionaire Mike Novogratz’s Galaxy Ventures Fund I LP is on track to raise up to $180 million by June to back early-stage crypto and blockchain startups, with a focus on payments and stablecoins. According to unnamed sources cited in an…...
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Russia finance ministry official floats country making own stablecoins: Report
A Russian finance ministry official has reportedly said the country should be developing its own stablecoin after a recent freeze on wallets linked to the sanctioned Russian exchange Garantex by US authorities and stablecoin issuer Tether. Deputy director of Russia’s Finance Ministry’s financial policy department, Osman Kabaloev, said the...
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Bitcoin online chatter flips bullish as price chops at $85K: Santiment
The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000. “Traders are showing optimism that BTC can regain $90K, which will likely be dependent on tariff and global economy news as the week progresses,” Santiment...
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Bhutan Flexes Hydropower For Bitcoin Mining, Explores Sale Of ‘Green’ Coins
Bhutan is contemplating the use of its hydropower resources for Bitcoin (CRYPTO: BTC) mining to stimulate its economy without compromising its environmental goals. What Happened: In an interview with Reuters on Tuesday, Ujjwal Deep Dahal, CEO of Bhutan’s sovereign wealth fund, Druk Holding and Investments Ltd., revealed the Himalayan nation’s...
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