Professor Massimiliano Sala of the University of Trento in Italy recently discussed the future of blockchain technology related to cryptography and quantum computing with Ripple employees as part of the company’s ongoing university lecture series. Sala’s discussion focused on the potential threats posed by quantum computers as the technology matures. According to the professor, current encryption methods could be easily solved by future quantum computers, putting the entire blockchain at risk. source: @ripple At X.com.For holes:“Quantum computers could easily solve the problems underlying digital signatures, potentially weakening the mechanisms that protect user assets on blockchain platforms.”What the professor is referring…
Author: Crypto Flexs
Read More
ZkSync is a layer 2 network designed to extend Ethereum, providing cheaper transactions by performing computations and storing data off-chain. Taxonomically speaking, it is classified as a subtype of layer 2 known as ZK rollup, which relies on zero-knowledge cryptography, which is considered one of the most promising new technologies in blockchain.
DeFi • May 19, 2024, 2:03 PM EDT Posted 1 minute ago In ~ A former employee of Solana-based memecoin launchpad Pump.fun who was recently identified as the person behind a $1.9 million exploit on the platform has been arrested in the UK and released on bail, according to media reports. Last Thursday saw an exploiter purportedly using StaccOverflow on . Dunn, who now runs a separate Dunn also urged British citizens to bring charges against companies he identified as Pump.fun entities.In messages with Dunn, another He appears to be in the hospital for the time being, with Dunn citing…
Bitcoin is likely to surge above a key level, triggering a bull run for the cryptocurrency. Eight of the top ten cryptocurrencies posted gains, with Solana the best performer. Not all coins benefited. BNB and Toncoin bucked this trend with falling prices. In a strong week for cryptocurrencies, Bitcoin surged above its key moving average on May 15th. The bulls then successfully defended this level on the May 16 retest, solidifying their upward momentum. This positive move in Bitcoin has had a ripple effect throughout the market, with eight of the top ten cryptocurrencies seeing gains over the past week.…
join us telegram A channel to stay up to date on breaking news coverage With Bitcoin’s rise, the price of $LINK recovered from $13.26, achieving a notable 22% gain over the past week to surpass $16. The recent market recovery has had a significant impact on Chainlink’s market capitalization, rising 1.30% in just 24 hours to rank 15th on CoinMarketCap. Chainlink is experiencing several positive developments, indicating strong optimistic sentiment among investors and traders. The project has partnered with some of the world’s largest financial institutions, highlighting its promising future and the potential for prices to skyrocket at any time.…
join us telegram A channel to stay up to date on breaking news coverage Maneki prices have surged 103% in the past week and 2% in the last 24 hours. Traded for $0.01123 As of 7:40 PM ET, trading volume had surged 40% to $70 million. Maneki Price Bulls Push Price Above Descending Triangle Maneki price shows a decline from its all-time high of $.$0.0276. The support zone at $0.004637 halted the bears’ advance, allowing the bulls to regroup. Despite the recent pullback, this support level remains strong, giving bulls an opportunity to gain momentum and pull the price back…
The alleged mastermind behind the Solana memecoin protocol Pump.fun exploit has been arrested in London. British authorities arrested former contractor Jarett Dunn, known online as @STACCoverflow, in the early hours of May 18, according to Blockworks, citing sources familiar with the operation. The arrests reportedly came after a meticulous 26-hour intelligence operation by third-party stakeholders who hired a private intelligence firm. The operation utilized social media posts and other publicly available information to trace Dunn’s London whereabouts. Local agents, or “auxiliaries”, were reportedly called in for a large-scale search that eventually led them to the Middle Eight Hotel in Covent…
One closely watched cryptocurrency analyst believes market participants are too pessimistic about the chances of regulators approving a spot Ethereum (ETH) exchange-traded fund (ETF). Altcoin Psycho, a pseudonymous analyst, tells his 501,800 followers on social media platform “The market is 100% underestimating the odds of the ETH ETF. We are also underestimating the impact it will have on prices. Buying ETH below $3,000 before the ETF would end up being a clear hindsight trade. “It is now clear that we should have bought Bitcoin before the ETF.” Only 13% of traders believe an ETH ETF will be approved by the…
Experts suggest that the current Bitcoin market analysis is meaningless without a significant breakthrough.As Bitcoin enthusiasts and investors eagerly monitor price movements, Mati Greenspan, founder of Quantum Economics, offers a unique perspective, labeling most ongoing Bitcoin analysis as ‘noise’. Greenspan argues that significant market movements will not be accurately predicted until Bitcoin approaches or exceeds the critical $70,000 level.The Importance of the $70,000 ThresholdAccording to Greenspan, the current range between $50,000 and $70,000 is broad, and movements within this spectrum are less significant unless a breakout occurs. Bitcoin’s current trading price is around $65,585, which puts it very close to…
With the value of Bitcoin surging and Wall Street circling like a hawk, the U.S. cryptocurrency industry is holding its breath as a crucial vote approaches in Washington next week. The 21st Century Financial Innovation and Technology Act (Fit21) could reshape the regulatory landscape for digital assets, potentially either accommodating the industry or putting the brakes on its recent rapid growth. Fit21: Lifeline or leash? Fit21 proposes major changes to the way the U.S. government handles digital currencies. The current regulatory environment is fragmented, with both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) having…