Top Cryptocurrency News for the Morning of October 14

🔵Bitcoin started Monday higher. The cryptocurrency is trading at $63,259. Bitcoin’s 24-hour low is $62,035, and its high is $63,089. The second-largest cryptocurrency by market cap, Ethereum, also started the day higher and is trading at $2,482.

🔵Among the top 10 cryptocurrencies by market cap, the best 24-hour performance was recorded by Solana (+3.03%), while the best weekly performance was achieved by TRON (+5.72%). Toncoin posted the worst 24-hour (-0.33%) and weekly (-2.42%) performance.

🔵Chinese scientists learned how to hack cryptographic algorithms using a quantum computer. Researchers used a quantum computer from Canadian company D-Wave Systems to crack the Present, Gift-64, and Rectangle algorithms, which underpin the structure of substitution-permutation networks (SPNs), forming the basis of the Advanced Encryption Standards (AES).

🔵Uniswap Labs and UNI token holders can earn up to $468 million per year from the launch of the new Unichain blockchain. Unichain will redirect $368 million in fees previously paid to Ethereum validators to Uniswap Labs and UNI token holders. Additionally, Uniswap Labs and UNI token holders can capture an additional $100 million through the Maximum Extractable Value (MEV).

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