Quantum Computer science legend, Dr John Preskill, just delivered a Q2B Quantum computer 2023 keynote talk on the state of Quantum Error correction with quantum computers. Preskill reported that Rydberg Atom and movable atom approaches are making the fastest progress to quantum error correction. There is a Harvard/MIT paper being released today that describes some …
I was at the Q2B quantum Computer conference today and there was a talk about NSM-10 and the change of the encryption that underlies global finance and data protection. In 2024, the US government will start adopting new encryption rules and a phase out of existing encryption. There is a study being released next year …
JP Morgan is working to apply all kinds of quantum systems with all kinds of quantum hardware. They have proved different clear academic examples of speedup over classical systems with quantum systems. However, it is currently has not been done on major financially valuable problems. The proofs are done on problems which are easy to …
Bitcoin started 2023 at about $16,600 and today traded above $40,000. It has traded over $42000 and on Monday is at $41,500. Most of the year, Bitcoin traded between $20,000 and $31,000. Bitcoin was over $61,000 in October, 2021. Bitcoin’s all-time high price was $68,789.63. This price was reached on November 8, 2021. Bitcoin bulls …
Particle Network, a pioneering Web3 infrastructure platform, has today announced its strategic intent to transform into the Intent-Centric Modular Access Layer of Web3. This announcement, outlined in a lengthy blog post detailing the different components constituting this vision, signifies a major evolution in the platform’s capabilities, aiming to empower developers and enhance user experiences in …
SSV.Network, the Ethereum infrastructure provider developing Distributed Validator Technology (DVT) has hit major milestones within weeks of launch. More than $100M in ETH has been staked into its protocol and its network now comprises 2000 validators. The benchmarks were hit just two months after the protocol’s launch. SSV’s implementation of DVT is designed to strengthen …
Binance, the world’s largest crypto exchange, was criminally charged with breaking sanctions and money-transmitting laws and agreed to pay $4.3 billion to settle case. Founder Changpeng “CZ” Zhao pled guilty to charges he personally faced and agreed to pay a $50 million fine. CZ is resigning as CEO. Richard Teng, a former Abu Dhabi regulator …
Layer 3 blockchain Orbs has generated plenty of press of late, a result of its native token surging in value. While the positive $ORBS price action was largely credited to an expansion in its market accessibility, a series of notable developments within the Orbs ecosystem cannot be overlooked. Another aspect which should be discounted is …
The cryptocurrency industry is pushing for a more equitable future of decentralized financial technology that can empower everyone equally. Its supporters are ardent backers of this cause and new headlines pop up almost every day highlighting how governments, enterprises and institutional investors are expressing their interest in the technology. At the same time, new businesses …
As cryptocurrencies continue to grow as an emerging financial medium, blockchain businesses aim to provide an easy, accessible, and secure method of dealing with decentralized assets. Crypto wallets are now a common term to describe digital hot or cold storage accounts where users can keep their crypto and other digital assets safe. The crypto wallet …
The cryptocurrency industry is at a pivotal crossroads where the outcome of two events could dictate investor sentiment, at least in the United States, for years to come. On one hand, Sam Bankman-Fried (SBF), the disgraced founder of the now-defunct crypto exchange FTX, is defending himself against very serious and troubling allegations. On the other …