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Jane Street asks court to dismiss Terraform claims linked to UST-LUNA crash

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Jane Street asked a US court to dismiss a lawsuit filed by Terraform Labs’ bankruptcy estate, rejecting claims that the trading firm helped trigger the 2022 collapse of the TerraUSD (UST) stablecoin and its sister token Luna. In two filings filed Thursday with the Southern District of New York, Jane Street and several employees said […]

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Scientist wins 1 bitcoin (BTC) for largest elliptic curve quantum attack to date

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The quantum attack Bitcoin has spent years processing as tomorrow’s problem just got a little less theoretical. Quantum security startup Project Eleven said it awarded its 1 bitcoin BTC$77,779.86 Q-Day award to independent researcher Giancarlo Lelli on Friday after he cracked a 15-bit elliptic curve key on publicly available quantum hardware, deriving a private encryption

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India pushes digital rupee through welfare pilots as BRICS CBDC plan takes shape

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India is turning to welfare payments to drive adoption of its central bank’s digital currency as it prepares to put the CBDC in the spotlight at a summit of BRICS nations later this year. The Reserve Bank of India is running about 10 pilot programs that channel parts of the country’s roughly $80 billion welfare

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BTC price, US dollar moves in almost perfect opposition. It hasn’t been this extreme in almost 4 years.

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For bitcoin BTC$78,344.33 traders, the direction of the Dollar Index (DXY), a measure of the dollar’s strength against a basket of other currencies, hasn’t mattered much in nearly four years. That’s because the 30-day correlation coefficient between the two now stands at -0.90, according to TradingView, the most negative reading since September 2022. A reading

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BTC price steady near $77,500 as derivatives signal cooling, cautious sentiment

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Crypto volatility cooled on Friday with bitcoin BTC$77,684.55 stuck between $77,500 and $78,500 since midnight UTC. The muted price action follows a failed breakout attempt near $80,000 on Wednesday, though the broader trend remains constructive, with BTC price grinding higher through April, posting a series of higher highs and higher lows. Ether (ETH) matched bitcoin’s

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Michael Saylor Says BTC Winter Is Over. Market analyst disagrees, says bitcoin was in a pullback

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Michael Saylor, executive chairman of Strategy (MSTR), the largest publicly traded holder of bitcoin BTC$77,535.33said on Thursday the X that the crypto winter is over as bitcoin held above $78,000, a price level only reached early on April 22, according to CoinDesk data. In a Game of Thrones-style image, dressed in a fur coat, a

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Who gets a fee refund?

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new video loaded: Who gets a fee refund? Following a Supreme Court ruling that struck down several Trump administration tariffs, importers have begun filing for their share of the $166 billion in refunds. As our economic policy reporter Tony Romm explains, consumers are unlikely to see much of that money returned to their own pockets.

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The US government’s Intel stake rises to $35 billion, giving an unrealized gain of $26.5 billion.

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The U.S. government has an unrealized gain of about $26.5 billion on its Intel ( INTC ) stake after the chipmaker’s shares surged more than 22% in pre-market trading Friday following a stronger-than-expected first-quarter earnings report. The position stems from an August deal in which the Trump administration converted $8.9 billion in CHIPS Act grants

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Bitcoin holder Metaplanet raises $50 million in zero-interest bonds to buy more BTC

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Japanese bitcoin tax firm Metaplanet is back in the market with another round of balance sheet leverage, issuing 8 billion yen, worth about $50 million, in zero-interest ordinary bonds to fund future bitcoin purchases. In a Friday filing, the company said the latest issuance was fully subscribed by EVO Fund, a Cayman Island-based investor that

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