Crypto - Newswav

Hacker charged for stealing $53 million in crypto, faces up to 30 years in prison — Uranium Finance thief spent $2 million of illicit funds on Magic: The Gathering, $1 million on Pokémon cards
Jonathan Spalletta is charged with computer fraud and money laundering for stealing more than $53.3 million worth of cryptocurrency from Uranium Finance, resulting in its shut down.

Google research suggests encryption technique used by Bitcoin will be cracked by quantum computers around 2029 — search giant says quantum attacks need to be prepared for now
New research from Google suggests that future quantum computers will develop quickly enough to pose a risk to elliptic-curve cryptography, used in cryptocurrencies like Bitcoin, as soon as 2029, and its researchers say action should be taken now to prepare.

Bitcoin could fall victim to quantum computers sooner than expected. Now crypto investors are turning to these alternative coins
Bitcoin has been the king of cryptocurrencies since its inception. And despite its high volatility, the token generally benefits from faith among investors that its underlying encryption is sound—which in turn protects digital coins from being stolen from wallets. But a recent report from Google suggests that Bitcoin’s relative security co

Yupp.ai shuts down less than a year after raising $33M from a16z crypto’s Chris Dixon
Less than a year after launching, with checks from some of the biggest names in Silicon Valley, crowdsourced AI model feedback startup Yupp.ai is closing its business, the company said Tuesday.


