Google said it had achieved a verifiable “quantum advantage” with its Willow chip, completing a calculation that would take classical supercomputers thousands of times longer. The reported breakthrough could reignite a debate in the cryptocurrency community about the possible harmful effects that quantum computers could have on Bitcoin, whose operation and security are built on […]
Max Branzburg said the new card is now open to US users who are members of Coinbase One and offers up to 4% back in bitcoin on every purchase.
Coinbase opens Amex card with up to 4% back in BTC for US Coinbase One members Read More »
Tesla (TSLA) continued to hold 11,509 BTC worth about $1.35 billion at the end of the third quarter (valued somewhat less today). The rise in bitcoin’s value during the third quarter allowed the company to book an $80 million gain on its holdings. For perspective, adjusted EBITDA for the quarter was $4.3 billion, and the
Increase in BTC value adds $80 million to the bottom line Read More »
Enough US Senate Democrats still show they are ready to pass a crypto market structure bill that the effort has legs, they said at a meeting of several crypto executives on Wednesday that focused on a path forward for US crypto regulation. Digital asset company leaders had two meetings set for the same day, the
US Senate Democrats assure Crypto CEOs they are still willing to move legislation Read More »
Cryptocurrency exchange Kraken is taking the vast majority of its staff to an idyllic Caribbean island next January to energize the company ahead of a long-awaited IPO in the US next year, according to two people familiar with the plans. A person familiar with the plans requested that the exact location of the team-building trip
Crypto Exchange To Take Staff To Caribbean Retreat Next Year: Sources Read More »
When I worked at the Federal Reserve, we used to joke that our job was to protect the status quo. The Fed’s mandate has long included financial stability, certainly not financial disruption. But Fed Governor Chris Waller’s speech urging Fed staff to explore the creation of a new “payment account” for non-bank payment providers at
A ‘lean’ Fed master account could bring back lean banking Read More »
Hollywood has hit a breaking point. Audiences are tired of franchise sequels and reboots. YouTube has overtaken Disney as the world’s largest distributor. And Gen AI tools like Sora 2 can soon turn anyone into a filmmaker. Still, one thing hasn’t changed: how movies are financed. And that’s why we keep getting fewer original movies.
Tokenization Fixes Film Financing, Dethrones Hollywood Studios Read More »
Bitcoin may dominate the crypto headlines, but the real growth story of the next five years will be stablecoins, the digital dollars that are modernizing the way money moves around the globe. Yes, the original cryptocurrency is fast becoming an ideal non-sovereign global store of value with a market cap of $2.3 trillion, but stablecoins
Why Stablecoins, Not Bitcoin, Will Dominate Global Transactions Read More »
The US government entered its fourth week of shutdown on Wednesday, surpassing its second-longest shutdown ever, and the crypto industry is lamenting the big-ticket items affected, even though the shutdown of federal agencies is yet to cause direct pain. The government shutdown means the Senate is primarily focused on the task of reopening it, largely
Government shutdown threatens Crypto’s big picture as it stretches to the farthest Read More »
HBAR fell 5.4% over the past 24 hours, falling from $0.1792 to $0.1695 as sellers regained control. The token traced a series of lower highs within a volatile $0.0140 trading range, indicating accelerating downside momentum. Heavy selling intensified at $0.1820, where 123.7 million tokens – 95% above the 24-hour average – were exchanged, triggering a
HBAR falls 5.4% to $0.1695 as key support crumbles Read More »
