Microsoft shareholders recently voted against a proposal to invest in Bitcoin, aligning with the board’s recommendation. The proposal, aimed at exploring Bitcoin as an investment, was suggested by a conservative think tank that views it as a strong hedge against inflation. This decision comes as Microsoft continues to favor a diverse investment strategy rather than ...
FBS, a prominent global broker, has announced the resurgence of alt-season in the cryptocurrency Market, highlighting the rising popularity of altcoins. In 2024, projects like Fetch.ai are incorporating AI into blockchain technology, while Layer 2 solutions such as Arbitrum are boosting scalability. Meme coins like Dogecoin are also playing a role in diversifying the Market. ...
Ray Dalio, a renowned investor and founder of Bridgewater Associates, shares his investment preferences, stating that while he has a small portion of his portfolio in cryptocurrency, he still favors gold. In a recent interview, Dalio highlighted concerns about crypto, such as privacy issues and its uncertain status as a hedge against inflation. He believes ...
Google recently introduced the Willow quantum computing chip, showcasing its significant advancements in computational power. With capabilities that could perform tasks in minutes which would take supercomputers billions of years, this breakthrough raises concerns about the future of cryptographic security, particularly for Bitcoin. Experts emphasize that while Willow highlights the need for post-quantum encryption, Bitcoin ...
Google’s new Willow quantum computing chip is sparking discussions about its potential effects on Bitcoin’s security. Introduced by CEO Sundar Pichai, Willow boasts impressive capabilities, completing tasks in under five minutes that would take traditional supercomputers billions of years. While the advancements in quantum computing raise concerns over encryption systems, experts suggest that Bitcoin is ...
Today, Bitcoin is priced at about $97,800 following a nearly 4% drop on Monday, which resulted in over $1.69 billion in liquidations across the crypto Market. A crucial Microsoft shareholders’ vote scheduled today could allow Bitcoin to be added to the company’s balance sheet, potentially driving prices upward. Despite recent declines, strong institutional interest remains, ...
The cryptocurrency Market experienced a sharp decline recently, with Bitcoin dropping to around $94,100 and causing $1.5 billion in liquidations that affected over 514,000 traders. Most liquidations came from long positions, with significant losses reported for Bitcoin and Ethereum. The Market capitalization fell by 7.5%, resulting in double-digit percentage drops for many altcoins like Ripple ...
A new Netflix documentary, “Biggest Heist Ever,” tells the story of the infamous 2016 Bitfinex heist, highlighting the actions of Ilya Lichtenstein and Heather Morgan, dubbed the “cringey couple.” They stole nearly 120,000 Bitcoin, initially valued at around $69 million, which is now worth over $11 billion. The couple’s attempt to evade capture ultimately failed, ...
As holiday shopping continues, consumers in Nebraska are urged to stay vigilant against scams. With more people shopping online, it’s important to recognize warning signs to protect yourself from fraud. Experts emphasize avoiding gift card scams and be wary of fraudulent texts about shipping delays. Jina Ragland of AARP Nebraska highlights the rise of cryptocurrency ...
Google recently announced its new quantum chip, Willow, which can solve complex problems in just five minutes, a task that would take classical supercomputers billions of years. This advancement raises important concerns about the security of cryptocurrencies like Bitcoin, as quantum computers could potentially break the cryptographic techniques that protect digital transactions. Renowned trader Peter ...
