CZ on the threats of quantum computers in crypto. He gave a good report, I think especially on the part about Satoshi's BTC because if it falls into the hands of hackers, it will bring BTC back to $5000. Read:
« I've seen people panic or ask questions about the impact of quantum computing on crypto. At a high level, all crypto has to do is switch to quantum-resistant algorithms (post-quantum). So, no need to panic. 😂
In practice, there are some execution considerations. It's difficult to organize updates in a decentralized world. There will likely be a lot of debates about which algorithm(s) to use, which will result in some forks.
And some dead projects won't update at all. This could be a good opportunity to clean up those projects anyway.
New code could introduce other bugs or security problems in the short term.
People who hold their own keys will need to migrate their coins to new wallets.
This raises the question of Satoshi's bitcoins. If these coins move, it means he/she is still around, which would be interesting to know. If they don't move (over a certain period of time), it might be better to lock (or effectively burn) those addresses so they don't fall into the hands of the first hacker who cracks them. There is also the difficulty of identifying all of his addresses, without confusing them with those of old hodlers. In short, that's a different topic for later.
Crypto has become a long-term investment, so only buy what you are sure you can hold for a long time. Just because people say that crypto is about patience doesn't mean you should keep just anything; this is no longer a game. Your priority should be Bitcoin, and then the rest to play with 30-40% of the wallet. Now everyone does as they wish. $BTC
⚖️ Nvidia is facing a class action lawsuit regarding alleged hidden revenues from GPU sales for cryptocurrency mining exceeding 1 billion dollars.
The plaintiffs claim that Nvidia hid over 1 billion dollars in GPU sales related to cryptocurrency and recorded them in its gaming segment, which impacted its stock price.
The court found that Nvidia failed to prove the absence of impact on the price, and the case continues with a hearing scheduled for April 21.
The SEC had previously imposed a fine of 5.5 million dollars on Nvidia in 2022 for failing to disclose the impacts of cryptocurrency mining.
🚨 A trader won 1M$ by betting on American and Israeli strikes over the past 2 years, with almost perfect accuracy.
An on-chain analysis by @bubblemaps reveals a network of 7 @Polymarket accounts linked together and betting on military actions since 2024.
The facts: • ~1M$ in cumulative profits • 93% win rate on bets related to Iran • Positions taken a few hours before major strikes (2024, 2025, 2026) • Several wallets connected to each other
A good trader generally has a success rate of around 50-55%. Here, the trader approaches a 93% success rate.
In other words, either he is the best trader in the world, or he has access to information that the market does not.
The company Resolv behind the stablecoin that lost 71% of its value following the $25M hack offers the hacker to keep 10% in exchange for no prosecution. Offer will last up to 72 hours.
This is a stock that was worth more than 18 billion. One single accusation caused the stock to drop by 30%. We saw gold lose 29% in 24 hours and silver 40% in 24 hours, real estate in Dubai plummeting by nearly 40% in less than a month. Where are we safe?