🚀 Daily Cryptocurrency Market: 3-Minute Brief
📰 Today's News
🔥 Google's Quantum AI Team Warns of Weakness in Encryption #bitcoin and #Ethereum
Google's Quantum AI team has released a research paper indicating that breaking the encryption used by Bitcoin and Ethereum may require less than 500,000 physical qubits, which is significantly lower than previous estimates. This raises concerns about the long-term security of approximately 6.7 million BTC and over 100 billion dollars worth of Ethereum assets.
⚡ U.S. Department of Labor Proposes 401(k) Rule Allowing Consideration of Bitcoin
The U.S. Department of Labor has proposed a new rule allowing 401(k) plan trustees to consider #BitcoinPrices and other alternative assets. This move aligns with efforts to expand retirement investment options and requires trustees to evaluate performance, fees, liquidity, valuation, and complexity.
📉 Mercado Libre Will Stop Supporting Mercado Coin in April
Mercado Libre has announced that it will gradually discontinue its digital currency, Mercado #Coin# , starting April 17. After this date, users will not be able to buy, sell, or earn cash back using the token, which was originally launched in August 2022 to enhance its loyalty program.
📰 Today's News
🔥 Google's Quantum AI Team Warns of Weakness in Encryption #bitcoin and #Ethereum
Google's Quantum AI team has released a research paper indicating that breaking the encryption used by Bitcoin and Ethereum may require less than 500,000 physical qubits, which is significantly lower than previous estimates. This raises concerns about the long-term security of approximately 6.7 million BTC and over 100 billion dollars worth of Ethereum assets.
⚡ U.S. Department of Labor Proposes 401(k) Rule Allowing Consideration of Bitcoin
The U.S. Department of Labor has proposed a new rule allowing 401(k) plan trustees to consider #BitcoinPrices and other alternative assets. This move aligns with efforts to expand retirement investment options and requires trustees to evaluate performance, fees, liquidity, valuation, and complexity.
📉 Mercado Libre Will Stop Supporting Mercado Coin in April
Mercado Libre has announced that it will gradually discontinue its digital currency, Mercado #Coin# , starting April 17. After this date, users will not be able to buy, sell, or earn cash back using the token, which was originally launched in August 2022 to enhance its loyalty program.