Crypto News

What It Was Like Inside the Trump Crypto Dinner

Hundreds of crypto investors spent millions on Trump’s meme coin for a night with the president. Some didn’t get what they expected.Source link

Elon Musk Confirms X Money Payment Service Will Launch in Limited Beta

Elon Musk has revealed plans for “X Money,” a forthcoming payment system enabling transactions on X, the platform formerly known as Twitter. The Tesla chief confirmed the service will first appear in a “very limited access beta,” stressing the importance of prudence when dealing with users’ funds. Though Musk has repeatedly pitched X as anSource link

It Might Actually Be 20 Times Easier for Quantum Computers to Break Bitcoin, Google Says

Google researchers found that cracking RSA encryption—the same tech that secures crypto wallets—needs way fewer quantum resources than anyone thought.Source link

Bitcoin Rally Stalls Below $110K as Short-Term Holders Take $11B Profits

After softly rising over the weekend, bitcoin BTC slipped back to $109,000 on Monday in sluggish trading as traditional U.S. markets remained closed in observance of Memorial Day.The top cryptocurrency is still up 1.7% in the last 24 hours and only a breath away from the all-time high it notched last week.Looking at the CoinDesk 20 — an index of the top 20 digital coins by market capitalization, except for stablecoins, memecoins and exchange coins — the day’s big winner is decentralized exchange Uniswap UNI, which saw its token rise 6.6%. Tokens for Chainlink LINK and Avalanche AVAX also gained 3.3% and 3.4% respectively.The gains happened overnight, spurred by the Trump administration's temporary walkback on EU tariffs. Trump said on...

Coinbase Faces Investor Lawsuit Over Alleged Damages From Data Breach

A crypto investor sued Coinbase last week, alleging the exchange’s failure to disclose details of its businesses dealings with regulators and bad actors has caused shareholders to suffer “significant losses and damages.”Source link