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Stay ahead in crypto — news, guides & updates🚀 – Buy Ads: https://telega.io/c/Crypto_LeagueEng est. 14.06.2022
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🔰Google Could Break Bitcoin in 9 Minutes – Ethereum Prepares for 2029
Google Quantum AI’s new report claims it has found a way to crack secp256k1 – the cryptography behind Bitcoin and Ethereum – using a quantum computer in just 9 minutes. Since Bitcoin blocks take 10 minutes, this leaves a 1‑minute mempool window vulnerable to attack.
The breakthrough requires only 500,000 physical qubits, ten times fewer than earlier estimates. While Bitcoin has no coordinated quantum‑resistant plan, Ethereum has announced a full quantum‑proof roadmap for 2029, backed by Coinbase, Google, and Stanford.
Analysts warn: if protocols remain silent, they risk losing credibility. The gap between BTC and ETH is widening as quantum threats gain attention. Google has effectively moved “Q‑Day” closer to 2029. Ethereum has responded – Bitcoin remains quiet. Other blockchains may need to act before quantum risk becomes real.
Crypto League
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Over the past 24 hours, the crypto market has seen massive liquidations totaling $2 billion.
Bitcoin dropped below $64,000, fueling the sell off and increasing market volatility.
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If 1% of U.S. Taxes Were Collected in Bitcoin, Reserves Could Reach 4.2M BTC by 2045
According to calculations by the Bitcoin Policy Institute, if just 1% of federal taxes in the United States were accepted in Bitcoin, the country could accumulate a strategic reserve of 4.2 million BTC by 2045.
This scenario would be possible under the proposed “Bitcoin for America Act”, which envisions allowing taxes to be paid in BTC.
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🏴Crypto Addiction Treatment in Scotland
For the past seven years, a clinic in Scotland has been treating cryptocurrency addiction.
The rehabilitation center, Castle Craig Hospital, launched cognitive behavioral therapy (CBT) in 2018 specifically for crypto trading addiction.
Here, crypto trading addiction is officially recognized, and patients are taught to control their thoughts and behaviors to avoid compulsive gambling.
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📬 The TON ecosystem has launched TMail — a private email service on the blockchain where the email address is issued as an NFT linked to your wallet.
First, you mint a unique NFT name(price from 1 $TON) on the marketplace, after which the same identifier is used to send and receive emails.
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Strategy has acquired 10,624 BTC for approximately $962.7 million, at an average price of $90,615 per Bitcoin.
The company now holds 660,624 BTC, purchased for about $49.35 billion at an average cost of $74,696 per Bitcoin.
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CZ Praises Pakistan’s Rapid Move Toward Crypto Regulation.
Pakistan is moving quickly to develop its National Digital Asset Framework, signaling a strong push toward regulating digital assets in the country.
Former Binance CEO CZ reacted positively, saying:
Pakistan 🇵🇰 moving fast on crypto.
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🚬 Elon Musk is close to becoming a trillionaire.
Tesla shareholders approved a record compensation package worth nearly $1 trillion. This could make Musk the world’s first trillionaire.
Tesla aims to increase market capitalization to $8.5 trillion (+500%)
with production goals of 20 million cars, 1 million robots, and 1 million robotaxis. Musk’s current net worth is $473 billion, and Tesla shares have risen +16% since the beginning of the year.
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📉The Trader Who Predicted the 2008 Crash Just Bet $1 Billion Against AI Giants
Michael Burry - the legendary investor who foresaw the 2008 financial meltdown - is once again betting big on a market downturn.
– His hedge fund has reportedly placed around $1.1 billion in bearish bets against Nvidia and Palantir, with nearly 80% of his $1.38 billion portfolio tied up in put options targeting the two AI heavyweights.
🎞Burry, portrayed by Christian Bale in The Big Short, believes the AI frenzy could be the next bubble ready to burst. His warning comes as valuations across the tech sector hit historic highs – echoing the same overconfidence that preceded past crashes.
He even hinted at his thinking in a recent post on X:
“Sometimes, we see bubbles.
Sometimes, there is something to do about it.
Sometimes, the only winning move is not to play.”
AI bubble – is basically a period when everyone gets overly excited about artificial intelligence, and money starts pouring into AI companies faster than the real value they’re creating.by 🏴Crypto Head
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