Microsoft claims to be able to help better secure crypto with its new technology Microsoft’s latest quantum computing chip, Majorana 1, has sparked discussions about Bitcoin’s preparedness for a potential quantum threat. According to Bitcoin exchange River, this new development could accelerate the timeline for making Bitcoin quantum-resistant. 1 million qubits can potentially crack a
Tag: Cryptocurrency
Montana House Committee Advances Bitcoin Reserve Bill
Montana is one of a handful of states that is moving forward with crypto regulations A Montana House committee has moved forward with a bill that could allow Bitcoin and other digital assets to be used as reserve assets by the state. House Bill No. 429 passed through the Business and Labor Committee with a
Tether Co-Founder Reeve Collins Launches New Yield-Producing Stablecoin
The Pi Protocol will launch later this year on the Ethereum and Solana blockchains Tether co-founder Reeve Collins is stepping back into the stablecoin market with a new decentralized project aimed at offering yield-producing digital assets. His latest venture, Pi Protocol, is set to launch later this year on the Ethereum and Solana blockchains, introducing
Binance Co-Founder Denies Rumor Exchange Is for Sale
Changpeng Zhao claims the rumor was started by a competitor of the cryptocurrency exchange Binance co-founder Changpeng Zhao has dismissed speculation that the cryptocurrency exchange is up for sale. The former CEO addressed the rumors on social media, labeling them as misinformation spread by a competitor. He stated that as a shareholder, Binance is not
The Bitcoin Mining Industry Is Helping Create New Jobs in the US
A new Texas Blockchain Council report suggests crypto mining brought 31,000 new jobs to the US The Bitcoin mining industry has become a significant contributor to job creation in the US, providing thousands of positions both directly and indirectly. A recent report by the Perryman Group, published by the Texas Blockchain Council and The Digital
Michigan Is Now Considering Creating a Cryptocurrency Reserve
The list of states showing support for cryptocurrencies continues to grow Michigan lawmakers are considering the creation of a cryptocurrency reserve, joining a growing number of states exploring digital asset investments. A new bill, introduced by Representatives Bryan Posthumus and Ron Robinson, seeks to amend the state’s Management and Budget Act to allow the state
Texas Bitcoin Reserve Bill Filed by Lawmakers
Texas is one of a handful of states that is becoming more serious about cryptocurrency Texas lawmakers have introduced a new bill aimed at creating a state-controlled Bitcoin reserve, positioning Texas as a leader in cryptocurrency adoption. Senate Bill 21 (SB 21), filed by Senator Charles Schwertner, builds upon a previous proposal and expands the
Cryptocurrency Custodian BitGo May Launch IPO This Year
Crypto companies are ready to take advantage of the seemingly crypto-friendly US atmosphere BitGo, a cryptocurrency custodian, is reportedly considering an initial public offering (IPO) later this year. According to a recent report, the company is in discussions with investment banks about the possibility of going public in the second half of 2025, although no
The SEC and Binance Have Temporarily Halted Their Ongoing Legal Dispute
The two will take a break for two months amid changes in the US approach to cryptocurrency The US Securities and Exchange Commission (SEC) and Binance have agreed to pause their ongoing legal battle for 60 days, marking a shift in the regulatory approach to cryptocurrency cases. The joint motion, filed yesterday, signals a potential
Poker Player and Lawyer Tom Goldstein Arrested for Being a Flight Risk
Goldstein reportedly lied about cryptocurrency wallets he still has in his possession High-stakes poker player and attorney Tom Goldstein has been taken back into custody in Maryland after a judge ruled that he posed a serious flight risk. Goldstein, who was previously out on bail following his indictment on tax-related charges, allegedly failed to disclose
Welsh Landfill Where $768M Bitcoin Wallet Remains Undiscovered to Close
A judge recently denied the suspect wallet’s owner access to the landfill A landfill site in Newport, Wales, linked to a long-running search for a lost Bitcoin fortune, is set to close within the next two years. The site, which has been in operation since the early 2000s, is nearing the end of its lifespan,
Missouri Becomes the Latest State To Consider a Bitcoin Reserve Fund
Missouri is one of a handful of states that appears to see greater value in cryptocurrencies Missouri has joined a growing list of states exploring the idea of holding Bitcoin as part of its financial strategy. Representative Ben Keathley recently introduced House Bill 1217, a proposal aimed at establishing a Bitcoin Strategic Reserve Fund to