#cryptography

#cryptography

Microstrategy has purchased 6,455 bitcoins for approximately $150 million at an average price of $23,238 per coin.With its latest purchase, Microstrategy now holds 138,955 bitcoins acquired at an average of $29,817 per coin.Moreover, the company also paid off its loan from troubled Silvergate Bank in full.

After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum's annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge.The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to date.

Markets and Prices by Kevin Helms Bloomberg Intelligence senior commodity strategist Mike McGlone has explained that a supercycle may be happening in bitcoin, noting that the cryptocurrency is beating gold by almost 10 times so far this year.The strategist added that if past trends hold, bitcoin's volatility is more likely to recover compared to commodities when the crypto heads toward new highs.

Crypto-focused investment firm Pantera Capital says bitcoin has seen its lows and we're in the next bull market cycle.Dan Morehead, the firm's founder and managing partner, noted: Over the long-term, bitcoin price has been in a secular uptrend of 2.3x annually over the past twelve years, on average.

Markets and Prices by Kevin Helms Galaxy Digital CEO Mike Novogratz says he wouldn't be surprised if the price of bitcoin returns to $30,000 next month.When I look at the price action, when I look at the excitement of the customers calling, the FOMO [fear of missing out] building up, it wouldn't surprise me, the executive shared.

World Wide Web inventor Sir Tim Berners-Lee says cryptocurrency is really dangerous and only speculative.While claiming that crypto is for those who want to have a kick out of gambling, he noted that it could be useful for remittances.Sir Tim Berners-Lee on Crypto Sir Tim Berners-Lee, the British computer scientist who is widely credited with the invention of the World Wide Web, shared his thoughts about cryptocurrency on CNBC's Beyond the Valley podcast, published last week.

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has proposed amending federal custody rules to cover all crypto assets.The SEC chief said: Though some crypto trading and lending platforms may claim to custody investors' crypto, that does not mean they are qualified custodians.Gary Gensler Proposes Including Crypto in Expanded Custody Rules The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, announced Wednesday that he has proposed changes to federal regulations to expand and enhance the role of qualified custodians.

Binance US has refuted reports that draw parallels between it and fraudulent exchanges that have gone bankrupt.The U.S.-based crypto trading platform stressed that only Binance.US employees have access to its bank accounts, denying the allegation that global crypto exchange Binance has secret access.

Gemini's co-founder believes that the next crypto bull run will come from the East.It will be a humbling reminder that crypto is a global asset class, he said.The West, really the U.S., always only ever had two options: embrace it or be left behind.It can't be stopped.Gemini Co-Founder on Next Crypto Bull Run Cameron Winklevoss, co-founder of the U.S.-based cryptocurrency exchange Gemini, believes that the next crypto bull run will come from the East.

A commissioner with the U.S. Securities and Exchange Commission (SEC) has called for a coherent and consistent legal framework that works across all asset classes, including crypto assets.She warned that the SEC's current enforcement-centric approach would take 400 years to go through all the crypto tokens that are allegedly securities.

Cryptocurrency exchange Coinbase has acquired One River Digital Asset Management, an institutional digital asset manager and registered investment adviser with the Securities and Exchange Commission (SEC).This acquisition allows Coinbase to expand institutional access to digital assets, the crypto exchange said.

The Thai Securities and Exchange Commission (SEC) has launched a crypto academy where investors can learn about digital assets free of charge before investing.The more you know your investments, the less risk you will have, the Thai regulator emphasized.Thai SEC's Crypto Academy Launched The Thai Securities and Exchange Commission (SEC) announced Wednesday that it has launched Crypto Academy to provide free online resources and courses on digital assets.

The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has called for a comprehensive regulatory framework for cryptocurrencies.Recent crypto meltdowns have made clear that we need a comprehensive framework to regulate crypto products to protect consumers and our financial system, said the senator.

The host of Mad Money, Jim Cramer, says he expects the U.S. Securities and Exchange Commission (SEC) to do a roundup of crypto firms that are not compliant with regulation.Expecting the SEC to sweep everything, Cramer urges investors to get out of crypto now.Jim Cramer's Latest Crypto Warnings The host of CNBC's Mad Money show, Jim Cramer, is back with more warnings for crypto investors.

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that most crypto tokens will fail.He has urged investors not to get caught up in the FOMO, the fear of missing out, emphasizing that crypto is a highly speculative, non-compliant asset class.Gary Gensler Expects Most Crypto to Fail SEC Chairman Gary Gensler gave some advice on cryptocurrency investing Wednesday during a Twitter spaces discussion hosted by the U.S. Army.

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed why he is buying more bitcoin.He warned that the Securities and Exchange Commission (SEC) regulations will crush most other cryptocurrencies.Robert Kiyosaki Buys More Bitcoin, Warns About SEC Regulations Crushing Crypto Tokens The author of Rich Dad Poor Dad, Robert Kiyosaki, has revealed the key reason why he is investing in bitcoin.

Hong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX.As certain crypto exchanges collapsed one after another, Hong Kong became a quality standing point for digital asset corporates, said a top government official.Hong Kong Aims to Become Regional Crypto Hub Hong Kong Financial Secretary Paul Chan Mo-po reaffirmed the city's crypto commitment at a web3 summit in Cyberport Monday.

The governor of India's central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies, like bitcoin and ether.The central bank chief added that cryptocurrencies pose huge inherent risks to India's macroeconomic and financial stability.Indian Central Bank Warns About Crypto Causing the Next Financial Crisis Reserve Bank of India (RBI) Governor Shaktikanta Das warned about the danger of cryptocurrency Wednesday.

Cryptocurrency exchange Kraken is shutting down services in Japan.The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed to further grow its business in Japan at this time.Kraken Exiting Japan Cryptocurrency exchange Kraken announced Wednesday that it has decided to cease its operations in Japan and deregister from the Financial Services Agency (JFSA) as of January 31, 2023.

Guggenheim Partners CIO Scott Minerd believes there is going to be a crypto washout similar to the internet bubble.There's another shoe to drop, he warned.Nonetheless, the executive is confident that the crypto industry will move forward despite the collapse of crypto exchange FTX.Guggenheim's Scott Minerd Shares Crypto Outlook Guggenheim Partners Global Chief Investment Officer (CIO) Scott Minerd shared in an interview with Bloomberg last week his thoughts on the future of cryptocurrency following the implosion of crypto exchange in FTX.

A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors.The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging, he added.JPMorgan on Institutional Crypto Investing JPMorgan Asset Management's head of institutional portfolio strategy, Jared Gross, discussed crypto and institutional investors' interest in the asset class on Bloomberg Friday.

Markets and Prices by Kevin Helms The host of Mad Money, Jim Cramer, has advised investors to sell their crypto, emphasizing that it's never too late to sell an awful position.Regarding FTX, Cramer predicted that the collapsed trading platform won't be the last of these crypto exchanges to go down.Jim Cramer's Latest Crypto Advice The host of CNBC's Mad Money show, Jim Cramer, has advised investors to sell their cryptocurrencies following the collapse of crypto exchange FTX.

The UK Cyber Security Council has launched the first phase of a certification mapping tool designed to help developing cyber professionals map all available security certifications onto 16 previously identified specialisms - which are collectively based on the Knowledge Areas contained in the Cyber Body of Knowledge (CyBOK).

Based on the World Economic Forum's estimate from 2022, national governments have invested more than $25 billion in quantum computing research, and over $1 billion in venture capital deals were closed in the previous year.Quantum computers (QCs) are in the early stages of development, and there are many technical challenges that need to be overcome before they can become practical tools for everyday use.

As quantum computing technology continues to advance, the industry is faced with the challenge of migrating to new, quantum-safe public key cryptography standards.Based on algorithms known collectively as post-quantum cryptography, these standards are actively under development by the U.S. National Institute of Standards and Technology (NIST) in collaboration with the broader cryptography research community.