Cryptocurrency Latest News & Updates
OKXICE faces objections from 9 companies over stock tokens
Nine companies have formally objected to plans by OKXICE to offer tokenized versions of their shares, preventing the proposed trading platform from listing those securities under a new U.S. regulatory exemption. Summary Nine companies have objected to tokenized trading of their shares on OKXICE’s proposed U.S. platform. Broadcom, CoreWeave, Verizon and UnitedHealth appear among the companies named in the October 15 notice. SEC rules give compan...
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Vitalik Buterin contrasts Bitcoin’s power costs with AI’s 76% capital share
Ethereum co-founder Vitalik Buterin has compared Bitcoin mining with AI inference, sharing cost estimates that put electricity at 45.9% of mining expenses and computing capital expenditure at approximately 76% of inference costs. Summary Electricity represents 45.9% of Bitcoin mining costs in the comparison Buterin shared. Computing capital expenditure accounts for approximately 76% of the AI inference estimate. Both tables include cooling, power...
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Google cuts quantum errors 40-fold: Is Bitcoin at risk?
Google has demonstrated a 40-fold reduction in quantum computing errors using its Willow processor, advancing a technology that researchers believe could eventually challenge the cryptography protecting Bitcoin. Summary Google reduced quantum computing errors approximately 40-fold using magic state cultivation on its Willow processor. Google’s researchers achieved 99.99% logical fidelity while testing purified quantum states on real computing h...
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