Professor From Ripple Research Initiative Urges Crypto Firms Transition to Quantum-Resistant Tech Immediately

May 21, 2024 The Daily Hodl

Blockchain

A mathematics professor and cryptography expert thinks crypto firms need to prioritize setting up defenses against the threat of future quantum attacks. In a new interview with Ripple, Dr. Massimiliano Sala, a professor at the University of Trento in Italy, warns that future quantum computers could “easily solve problems that are foundational to digital signatures,” […]

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Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Ripple Unveils Brazil Fund for Supporting Local XRP Ledger Projects

May 20, 2024 Bitcoin.com

Altcoins

Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using XRP Ledger, the XRP asset blockchain. Julia Heitner, Program Manager of the XRPL Grants program, stated that Brazil was the first country where this strategy would be implemented, given the nation’s openness to blockchain initiatives. Ripple Launches […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Ripple publishes math prof’s warning: ‘public-key cryptosystems should be replaced’

May 19, 2024 Coin Telegraph

Coin Telegraph

Mathematician Massimiliano Sala says current encryption methods won’t protect blockchain systems from quantum computers.

Professor Massimiliano Sala, of the University of Trento in Italy, recently discussed the future of blockchain technology, as it relates to encryption and quantum computing, with the crew at Ripple as part of the company’s ongoing university lecture series.

Sala’s discussion focused on the potential threat posed by quantum computers as the technology matures. According to the professor, current encryption methods could be easy for tomorrow’s quantum computers to solve, thus putting entire blockchains at risk.

Per Sala:

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Ripple Seeks Court Approval to Seal Sensitive Documents in SEC Lawsuit

May 15, 2024 Bitcoin.com

bitcoin.com

Ripple Labs has filed a motion to seal remedy documents in its ongoing litigation with the U.S. Securities and Exchange Commission (SEC). Ripple argues that these documents contain sensitive information, including proprietary business strategies, financial data, and internal communications. Public access to this information could give competitors an unfair advantage and damage Ripple’s market position. […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Price analysis 5/15: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB

May 15, 2024 Coin Telegraph

Avalanche

Risky assets, including Bitcoin and altcoins, received a boost following today's CPI report.

The S&P 500 Index (SPX) and the Nasdaq Composite soared to a new lifetime high after the United States Consumer inflation report came in less than expected. That ignited a rally in Bitcoin (BTC), pushing the price above $66,000. The farther Bitcoin moves from $60,000, the less likely a breakdown is. However, that does not guarantee the start of a new uptrend.

Galaxy Digital founder and CEO Mike Novogratz said during the firm’s first quarter earnings call that Bitcoin was likely to consolidate between $55,000 and $75,000 before moving higher at the end of the current quarter.

The failure of the bears to sink Bitcoin below $60,000 seems to have attracted buyers. CoinShares’ “Digital Asset Fund Flows Weekly” report showed inflows of $130 million into digital asset investment products this past week, the first such occurrence in five weeks.

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Price analysis 5/13: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

May 13, 2024 Coin Telegraph

Binance Coin

Bitcoin's strong rebound of the $60,000 level is encouraging but it still could be a hint that BTC's range-bound action could continue for some time.

Traders prefer a trending market rather than a range-bound one. Sometimes, when there is uncertainty about the next directional move, traders step to the sidelines, and that seems to be the case with Bitcoin (BTC).

According to research firm Santiment, “fear and indecision” could be the factors that have led to a drop in Bitcoin’s on-chain activity toward historic lows. The firm clarified that it does not necessarily mean that Bitcoin will fall more.

Bitcoin’s consolidation is giving opportunities to investors to load up on Bitcoin. Japanese investment firm Metaplanet said it had made a “strategic shift” in its treasury management strategy to follow a Bitcoin-only approach in response to a sustained decline in the Japanese yen. Metaplanet announced a purchase of 117.7 Bitcoin at an average price of $65,000.

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Ripple CEO Brad Garlinghouse Says US Government Going After Tether – Paolo Ardoino Responds

May 13, 2024 The Daily Hodl

Altcoins

The CEO of Ripple Labs says that the company behind the biggest stablecoin by market cap could be the next target of US government regulators. In an interview with the World Class YouTube channel last week, Ripple Labs head Brad Garlinghouse warned that crypto’s next “black swan event” could involve the space’s leading stablecoin, USDT. […]

The post Ripple CEO Brad Garlinghouse Says US Government Going After Tether – Paolo Ardoino Responds appeared first on The Daily Hodl.

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Korea’s Infinite Block Joins as XRP Ledger Validator, Bolstering Global Ecosystem

May 13, 2024 Bitcoin.com

bitcoin.com

Infinite Block, a Korean virtual asset service provider, has announced its participation as a validator in the XRP Ledger (XRPL) blockchain. This move is expected to bolster the XRPL ecosystem within Korea’s unique regulatory environment. Infinite Block aims to provide XRPL and XRP services to corporations while adhering to domestic and international regulatory compliance. The […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

It’s ‘clear’ the US government is going after Tether: Ripple CEO

May 13, 2024 Coin Telegraph

Brad Garlinghouse

Brad Garlinghouse said he views Tether as an important part of the ecosystem and that its fate will be an "interesting one to watch."

Ripple CEO Brad Garlinghouse says it is “clear” that the United States government is “going after” stablecoin issuer Tether — which could have an unpredictable impact on the crypto markets.

Garlinghouse said on a May 10 episode of the World Class podcast there would “100%” be another crypto-related black swan event such as the collapse and subsequent uncovering of fraud perpetrated by FTX’s executives.

“The U.S. government is going after Tether, that is clear to me,” he said without elaborating and stopping short of calling any possible U.S. action against Tether the next black swan. He instead called it an “interesting one to watch.”

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns

May 12, 2024 Bitcoin.com

bitcoin.com

Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid apprehensions about Tether’s alleged utilization by terrorist networks and nations under sanctions, such as Russia, aiming to circumvent U.S. economic sanctions. “The U.S. […]

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