Bitcoin’s cryptographic resilience is facing renewed questions after a Google researcher suggested that quantum computers may be capable of breaking its encryption far sooner than expected.
Craig Gidney, a leading quantum computing researcher at Google, published new findings indicating that the hardware requirements to break 2048-bit RSA encryption, a key mathematical element similar to that of...
“I believe that the all-time high of Bitcoin was around $20,000.” — GPT-3, April 2022
“Bitcoin peaked at $68,990 in November 2021 due to a confluence of pandemic-era stimulus, institutional momentum, and speculative fervor. The misquote from GPT-3 highlights the limitations of pre-trained, non-updated models.” — GPT-4o, May 2025
Three years ago, I interviewed GPT-3 several months before the...
Circle, the USDC stablecoin issuer, has filed to go public under the ticker “CRCL” through an initial public offering on the New York Stock Exchange (NYSE), according to a May 27 announcement.
The firm plans to offer 24 million shares of Class A common stock as part of the listing. Circle will directly issue 9.6 million of the total shares, while existing shareholders intend to sell 14.4 million...
LONGBOAT KEY, Fla., May 27, 2025 – Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced a strategic collaboration with TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps). In the initial phase of the collaboration, Rumble Cloud will provide...
Strategy, formerly known as MicroStrategy, is unlikely to adopt on-chain proof-of-reserves (PoR) disclosure for its substantial Bitcoin holdings.
At the Bitcoin 2025 conference in Las Vegas, the company chairman, Michael Saylor, dismissed the practice as a potential security threat, saying it exposes firms and users to unnecessary risks.
Saylor made the comments while responding to Blockware...
BitGo has reportedly initiated the second phase of FTX’s repayment process, marking another milestone in the exchange’s long-awaited recovery effort.
On May 27, FTX creditor Sunil Kavuri reported that user accounts had been credited through BitGo as part of the repayment rollout. However, these funds will remain locked from trading until May 30.
He said:
“FTX Distribution to Bitgo has been...
Succinct has demonstrated real-time zero-knowledge proving for Ethereum blocks, generating cryptographic proofs in under 12 seconds.
Succinct’s SP1 “Hypercube” zkVM produced a proof for Ethereum block 22309250 (143 transactions, 32 million gas) in 10.8 seconds, and internal benchmarks showed it could prove 93 % of 10,000 recent main-net blocks in under 12 seconds, with an average latency of 10.3...
Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years.
In a May 26 post on X, Tether CEO Paolo Ardoino disclosed that the company has made significant investments across American businesses and emerging technologies, reflecting what many described as a “pro...
Solana Foundation introduced the Solana Attestation Service on May 23, positioning the protocol as a trust layer for what the network’s backers call “internet capital markets.”
The open-source service lets approved issuers bind off-chain credentials, such as know-your-customer results, geographic eligibility, or accreditation status, to a user’s wallet address without exposing personal data on-...
Last week, the US Securities and Exchange Commission’s (SEC) Crypto Task Force intensified studies on how public blockchain technology can support the issuance and trading of tokenized securities.
The group held separate meetings with Nasdaq, Plume Network, and Etherealize on how securities can be issued and traded on public blockchains.
All three meetings resulted in the suggestion of the...