Google has unveiled Willow, its latest quantum computing chip, claiming it can perform tasks that normally take the fastest supercomputers an unthinkable amount of time, in just under five minutes. The tech giant’s announcement comes as the race to bring quantum computers to market heats up, with companies including IBM, Microsoft, Amazon, and Nvidia investing billions into the next-gen technology.…
Month: December 2024
Why This Investment Bank Expects Coinbase Stock to Jump to New High of $420
Alongside Bitcoin’s brief jump past $100,000 last week, heightened volatility in the asset’s price and an altcoin boom are driving retail traders back to Coinbase, according to one analyst. In a Monday note, investment bank and asset management firm Needham & Co.’s John Todaro issued a new price target for Coinbase, raising the key mark to $420 from $375 while…
109 Million Wallets Hold USDT: Tether Reports
The report underscores USDT’s pivotal role in cryptocurrency adoption, bridging the gap between traditional fiat and digital assets. 109 Million Wallets Hold Tether Tether’s second insights report revealed a significant milestone in the adoption of its stablecoin USDT with 109 million onchain wallets holding USDT at the start of Q4 2024. This makes USDT one […] Source: https://news.bitcoin.com/109-million-wallets-hold-usdt-tether-reports/
Mobile Shoot ‘Em Up Game ‘Zoppel’ Launching on Ethereum Network Skale
Skale Labs and Sequence are teaming up to help support a series of upcoming blockchain games, with the first game benefiting from the collaboration—mobile shoot ‘em up game Zoppel: The Legend of Furiax—set to launch its alpha test on the Skale network next week. Zoppel, a vertical spaceship shooter, will debut in alpha on Android and iOS on December 15,…
Battle Royale Shooter ‘OverTrip’ Hits Epic Games Store After Solana Token Launch
OverTrip, a colorful third-person battle royale shooter, has launched on PC via the Epic Games Store, marking the beginning of its third in-game content season. With this, the game has added a new “skill mode,” where players can wager real money on their performance, including the game’s recently launched meme coin. The game is a multi-chain project, with its token…
Community Notes Challenges Coinbase’s Response to Account Complaints
Coinbase’s support account on X tackled grievances regarding alleged account restrictions. In a post, the company emphasized, “don’t believe everything you see on twitter.” However, an attached X Community Notes clarification pointed out that Coinbase is “indeed restricting accounts.” Locked Accounts and Frustrated Users: Coinbase Faces Customer Outcry A flood of complaints has been aimed […] Source: https://news.bitcoin.com/community-notes-challenges-coinbases-response-to-account-complaints/
Ethereum Layer-2 Network Movement Launches MOVE Token With $830 Million Airdrop
The Movement Network Foundation launched MOVE—the utility token of the Ethereum layer-2 network Movement—on Monday, offering up more than $830 million worth of MOVE tokens to early users to claim, based on peak value. Dubbed the “MoveDrop,” the airdrop provided 1 billion MOVE, or 10% of the total token supply to eligible communities and participants that had completed transactions and…
Crypto Bloodbath: $1.5 Billion Liquidated as Bitcoin Crashes to $94K
Monday proved to be a tough day for cryptocurrency markets, with the crypto economy shrinking by 6.31% in just 24 hours and $1.5 billion in crypto derivatives positions vanishing. Bitcoin (BTC) found itself hanging on between $96,800 and $97,000 per coin, though it briefly plummeted to $94,249, setting off the turmoil. Bitcoin Flash Crash Causes […] Source: https://news.bitcoin.com/crypto-bloodbath-1-5-billion-liquidated-as-bitcoin-crashes-to-94k/
Maverick Protocol aims to bring ‘MemeFi’ to Base
A newly launched platform dubbed goose.run lets users lend and borrow against memecoins, its team told Cointelegraph. Source: https://cointelegraph.com/news/maverick-protocol-aims-memefi-base?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Floki, Mastercard launch 13-crypto debit card in Europe
Floki is one of a growing number of crypto firms issuing their own regional payment cards that let users spend cryptocurrencies. Source: https://cointelegraph.com/news/floki-mastercard-launch-13-crypto-debit-card-europe?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound