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Quantum Computing: A Potential Threat and Future Challenge for Cryptocurrencies
Quantum Computing: A Potential Threat and Future Challenge for CryptocurrenciesWhile President-elect Donald Trump once pledged to establish a Bitcoin strategic reserve for the US government, the rapid advancement of quantum computing casts a long shadow over the future of Bitcoin and other cryptocurrencies. A recent Wall Street Journal report highlighted that continued progress in quantum computing could enable hackers to break the cryptographic security of cryptocurrencies like Bitcoin, potentially leading to the theft of massive digital assets, market panic, and economic instability...
Blockchain 2024-12-23 18:54:52 -
Bitcoin suffers its biggest weekly drop since Trump's election win as Fed's hawkish pivot hits the market: $90,000 level teeters
Bitcoin suffers its biggest weekly drop since Trump's election win as Fed's hawkish pivot hits the market: $90,000 level teetersBitcoin experienced its first weekly decline since Donald Trump's presidential victory, plummeting over 7%its largest weekly drop since September of last year. At press time, Bitcoin was trading at $95,199...
Blockchain 2024-12-23 16:13:02 -
Eleven Wild Trades of the 2024 Global Market: From Crypto to Spanish Bonds, Stunning Returns
Eleven Wild Trades of the 2024 Global Market: From Crypto to Spanish Bonds, Stunning Returns2024, a year filled with shocks and surprises, offered global markets equal opportunities for success and failure. Leveraged trades soared at one point in August, Wall Streets gamble on Trump paid off, and sophisticated hedge fund strategies were pummeled...
Blockchain 2024-12-23 15:52:12 -
The Quantum Threat to Bitcoin: An Imminent Crisis?
The Quantum Threat to Bitcoin: An Imminent Crisis?Researchers point out that while a quantum computer capable of cracking Bitcoin may be a decade or more away, advances in quantum computing pose a serious long-term threat to Bitcoin's existence. This risk persists unless the Bitcoin developer community rapidly implements time-consuming technical upgrades, potentially resulting in catastrophic consequences for global financial markets...
Blockchain 2024-12-23 15:24:46 -
The MSTR Mania: High-Risk Investment Fueled by Bitcoin Faith and Social Media Frenzy
The MSTR Mania: High-Risk Investment Fueled by Bitcoin Faith and Social Media FrenzyMicroStrategy (MSTR)'s recent meteoric rise, with a market capitalization nearing $89 billionmore than double the value of its Bitcoin holdingshas captivated the market. The stock's over 400% year-to-date surge reflects not only sustained enthusiasm for Bitcoin but also a near-fanatical "MSTR faith" cultivated on social media...
Blockchain 2024-12-23 14:57:58 -
A Patent Application for a Blockchain-Based Detection and Analysis System: Innovative Technology Enhancing IoT Security
A Patent Application for a Blockchain-Based Detection and Analysis System: Innovative Technology Enhancing IoT SecurityThe State Intellectual Property Office of the People's Republic of China shows that Wuxi Duoyouduo Network Technology Co., Ltd...
Blockchain 2024-12-23 12:19:03 -
LuNeng Power Generation Company in Huainan, Anhui Province, Applies for Patent on "Trustworthy Data Synchronization Method and System Between DCS Terminals" to Enhance Data Security
LuNeng Power Generation Company in Huainan, Anhui Province, Applies for Patent on "Trustworthy Data Synchronization Method and System Between DCS Terminals" to Enhance Data SecurityOn December 23, 2024, the State Intellectual Property Office of China announced that Anhui Huainan LuNeng Power Generation Co., Ltd...
Blockchain 2024-12-23 12:14:02 -
Ethereum Price Breaks $3300 Barrier!
Ethereum Price Breaks $3300 Barrier!Ethereum's price surged past the $3300 mark today, hitting a recent high. Data shows a 0...
Blockchain 2024-12-23 11:32:45 -
Tencent Files Patent for Blockchain-Based Information Transmission Method, Aiming to Enhance Security and Efficiency
Tencent Files Patent for Blockchain-Based Information Transmission Method, Aiming to Enhance Security and EfficiencyThe State Intellectual Property Office of China shows that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-23 11:28:10 -
Is the Trump Trade Cooling Off? Bitcoin Suffers First Weekly Decline Post-Election as Market Sentiment Turns Cautious
Is the Trump Trade Cooling Off? Bitcoin Suffers First Weekly Decline Post-Election as Market Sentiment Turns CautiousSince Donald Trump's victory in the US presidential election, Bitcoin had been on an upward trajectory. However, this bullish momentum appears to have abruptly stalled...
Blockchain 2024-12-23 08:39:45 -
Bitcoin plunged below $95,000, experiencing an intraday drop exceeding 2%!
Bitcoin plunged below $95,000, experiencing an intraday drop exceeding 2%!On December 23rd, the price of Bitcoin briefly fell below $95,000, marking a 2.38% intraday decline...
Blockchain 2024-12-23 05:30:45 -
Tether Projects Over $10 Billion in Net Profit for 2024, Aggressively Expanding into AI and Other Sectors
Tether Projects Over $10 Billion in Net Profit for 2024, Aggressively Expanding into AI and Other SectorsBloomberg reports that Tether Holdings Ltd., the world's largest stablecoin issuer, projects over $10 billion in net profit for 2024...
Blockchain 2024-12-21 20:19:08
