The Japanese government amended the Financial Instruments and Exchange Act on Friday to classify crypto assets as financial instruments. The amendment also bans insider trading and other activities that involve buying and selling based on undisclosed information, Nikkei reported. The amended act will also now require cryptocurrency “issuers” to be more transparent and disclose information…
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A Bitcoin researcher has come up with a way that could immediately make Bitcoin transactions quantum-safe without the need for a soft fork. In a proposal published Thursday, StarkWare chief product officer Avihu Levy proposed a Quantum Safe Bitcoin (QSB) transaction scheme that he said would remain secure “even against an adversary with a large-scale…
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The challenge to solving the quantum threat to Bitcoin could be more social than technical, according to Grayscale’s head of research, especially if the community fails to come to an agreement on certain contentious issues. Google released a paper that shook the crypto industry on March 30, suggesting that a quantum computer could potentially crack…
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Crypto markets bounced 2.5% as US President Donald Trump sent mixed signals over a potential deal with Iran to reopen the Strait of Hormuz, including reports of a possible ceasefire that could permanently end the war. In an expletive-laden post on the Truth Social platform on Sunday, Trump threatened that Iran would be “living in…
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The amount of Bitcoin supply in profit and loss is now getting closer to levels typical of a bear market, according to a CryptoQuant analyst. There are currently about 11.2 million Bitcoin (BTC) in profit. The previous bear market recorded 9 million BTC in profit at its lowest point, CryptoQuant analyst “Darkfost” said Thursday. CryptoQuant…
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The US state of Alabama has become the second US jurisdiction after Wyoming to grant decentralized autonomous organizations (DAOs) legal status under the DUNA Act. The Decentralized Unincorporated Nonprofit Association (DUNA) Act (Senate Bill 277) was introduced in February by Republican Senator Lance Bell. The House passed it 82-7 with 16 abstentions on March 17,…
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AI-powered Bitcoin treasury and education company Genius Group revealed on Tuesday that it sold the remainder of its Bitcoin in Q1 to pay off debt, adding to a recent wave of companies offloading assets amid a crypto bear market. “The company will recommence building its Bitcoin Treasury when it believes market conditions are more favorable,”…
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Bitcoin has declined by about 50% this market cycle, far less than in previous cycles, Fidelity Digital Assets said, adding this trend could continue over time. Bitcoin’s post-all-time-high drawdowns have historically been steep, at about 80% to 90%, but this cycle has been about 50%, Fidelity Digital Assets research analyst Zack Wainwright said Tuesday. One…
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The US commodities regulator’s chief enforcement director sent a cautionary message to prediction market insider traders on Tuesday, vowing that violators will face enforcement action. “We are aware of the speculation about insider trading,” CFTC enforcement director David Miller said at a panel at New York University on Tuesday. “We are watching.” “There’s a myth…
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New research from Google shows that quantum computers could require far less power than previously thought to break the cryptography that secures cryptocurrency blockchains. Google’s new research, released on Monday, estimates a quantum computer could crack the cryptography protecting Bitcoin (BTC) and Ethereum (ETH) using fewer than 500,000 physical qubits, based on its current assumptions…
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