New Microsoft quantum chip advances threat as Bitcoin reviews BIP360 for quantum resistance

Microsoft has introduced its Majorana 1 quantum chip amid continued discussion on Bitcoin Improvement Proposal 360 (BIP-360), which outlines measures to protect against quantum threats. Microsoft’s new chip encodes quantum information using topological qubits based on Majorana zero modes that store data in nonlocal states, a design that reduces error susceptibility by requiring simultaneous interference The post New Microsoft quantum chip advances threat as Bitcoin reviews BIP360 for quantum resistance appeared first on CryptoSlate.

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SEC replaces Crypto Assets Unit with Cyber and Emerging Technologies Unit

The United States Securities and Exchange Commission (SEC) has replaced its Crypto Assets and Cyber Unit with the newly formed Cyber and Emerging Technologies Unit (CETU), continuing its shift in approach to regulating digital assets and combating cyber-enabled financial crimes. Announced on Feb. 20, the unit will focus on addressing misconduct involving artificial intelligence, blockchain The post SEC replaces Crypto Assets Unit with Cyber and Emerging Technologies Unit appeared first on CryptoSlate.

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Solana risks becoming memecoin ‘hellscape’ mirroring BNB Chain in 2021

Solana is currently a blockchain ecosystem consumed with heightened memecoin activity and market speculation. The platform’s technical advantages, including sub-second finality and low transaction fees, have attracted a surge of speculative projects, prompting comparisons to the BNB Chain, which experienced a similar trajectory during the memecoin boom. Solana-based tokens have driven high-frequency trading activity, echoing The post Solana risks becoming memecoin ‘hellscape’ mirroring BNB Chain in 2021 appeared first on CryptoSlate.

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Hong Kong plans major crypto regulatory overhaul highlighting $3 trillion opportunity

Hong Kong’s Securities and Futures Commission has outlined a new ASPIRe roadmap for asset regulation. The agency’s statement details a framework that sets parameters for market entry, investor protection, and operational transparency in the digital asset space. Per an SFC document, the plan introduces a five-pillar “ASPIRe” approach—access, Safeguards, Products, Infrastructure, and Relationships—to address the The post Hong Kong plans major crypto regulatory overhaul highlighting $3 trillion opportunity appeared first on CryptoSlate.

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Bitcoin miner Riot tells Texas Congress state Bitcoin reserve needed to ‘prepare for future downturns’

Riot Platforms’ VP of Research, Pierre Rochard, yesterday testified before the Texas Senate Committee on Business and Commerce in support of Senate Bill 21, which would establish a state Bitcoin reserve. His testimony on Feb. 18 detailed the proposal’s role in strengthening state finances amid economic uncertainty and emphasized Bitcoin’s verifiable ledger and capped supply The post Bitcoin miner Riot tells Texas Congress state Bitcoin reserve needed to ‘prepare for future downturns’ appeared first on CryptoSlate.

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