Microsoft breakthrough signals quantum-exclusive future for blockchain mining
Source: Coin Tegraph The new hardware could ultimately host a theoretical algorithm with the potential to transform proof-of-work. Read Full Article
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North Korean hackers expand social engineering operation to IT firms: Report
Source: Coin Tegraph The government of North Korea (DPRK) has reportedly employed various hacking groups, most notably the Lazarus Group, to seal crypto in recent years. Read Full Article
Swiss canton of Bern votes to study Bitcoin mining feasibility
Source: Coin Tegraph Bern’s Bitcoin Parliamentary Group is calling the commissioning of the report a victory, although the executive branch is opposed to it. Read Full Article
Bitcoin Miner Company Goes On A Buying Spree – Whales Expect Higher Prices | TheSpuzz
Source: Bitcoinist Bitcoin recently experienced a small retrace from its all-time high of $99,800, dropping to a low of $90,700. Despite this pullback, the price action remains bullish as BTC shows resilience and recovers from the dip. Market momentum remains strong, with key players continuing to show confidence in the asset’s long-term potential. One notable…
SecondLane shops Pump.fun equity stake at $1.5B FDV
Source: Coin Tegraph The private market platform says $15 million in Pump.fun equity is for sale. Read Full Article
Ex-Binance employee sues UK exchange, alleging bribery: Report
Source: Coin Tegraph Amrita Srivastava, who worked at Binance from 2022 to 2023, alleged reporting a bribe at the crypto exchange resulted in her dismissal. Read Full Article
Crypto.com sponsors golf tournament with prize of $10M in CRO token
Source: Coin Tegraph Crypto.com is sponsoring the first golf tournament with a crypto purse on Dec.14 in Las Vegas. Read Full Article
Ethereum SuperTrend Signal That Led To 120% Price Surge In 2023 Has Returned, Why ETH Could Reach $7,500 | TheSpuzz
Source: Bitcoinist The Ethereum (ETH) price rallied by about 10% on Wednesday to clear the $3,550 resistance zone very swiftly. Interestingly, this bullish price action has led to a bullish signal on a popular indicator used for predicting price outlook. Notably, the SuperTrend buy signal has resurfaced, bringing into question Ethereum’s potential to replicate its…
Tokenization can transform US markets if Trump clears the way
Source: Coin Tegraph Trump’s presidency offers a unique opportunity to transform US financial markets through tokenization, but success hinges on reimagining regulatory frameworks. Read Full Article
Publicly traded mining companies spend $3.6B on PP&E so far in 2024
Source: Coin Tegraph Crypto mining hardware typically has a lifespan between 3-5 years on average and must be periodically upgraded to maintain profitability. Read Full Article