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A new technique called "magic state cultivation" cuts quantum errors roughly 40x with 99.99% accuracy, but scaling it up remains a challenge before quantum computers could threaten Bitcoin's cryptography.
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๐จ THROWBACK: Exactly one year ago, the crypto market saw the largest liquidation event in history.
Most people are still trying to recover from it.
๐คฉ ๐คฉ ๐คฉ @Cryptoz_Hub๐คฉ ๐คฉ ๐คฉ
Over $16.69B in longs and $2.46B in short were wiped out in a single day.
Most people are still trying to recover from it.
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BREAKING: ๐บ๐ธ ๐ Scott Bessent may cut long-term bond sales or even stop 20-year bond auctions.
In simple words: The U.S. may issue fewer long-term bonds.
๐คฉ ๐คฉ ๐คฉ @Cryptoz_Hub๐คฉ ๐คฉ ๐คฉ
In simple words: The U.S. may issue fewer long-term bonds.
Bullish for Bitcoin as this could lower yields and BOOST risk assets.
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US authorities have now frozen nearly $1 billion in scam-linked crypto๐
The DOJ says its Scam Centre Strike Force has restrained $938 million linked to scam and money-laundering operations
Authorities restrained another $52 million in crypto in a single day, while Xinbi is estimated to have processed more than $24 billion in transactions since 2022
๐คฉ ๐คฉ ๐คฉ @Cryptoz_Hub๐คฉ ๐คฉ ๐คฉ
The DOJ says its Scam Centre Strike Force has restrained $938 million linked to scam and money-laundering operations
The latest crackdown targeted Xinbi Guarantee, a Telegram-based marketplace with more than 650,000 users
Authorities restrained another $52 million in crypto in a single day, while Xinbi is estimated to have processed more than $24 billion in transactions since 2022
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The exchange says user deposits accumulated in vulnerable wallets retired after its $44 MILLION hack in July 2025 when an automated fund-transfer system failed
The admission brings losses from the two incidents to nearly $60 MILLION
CoinDCX says it will cover the latest loss and that user funds remain safe
Onchain investigator ZachXBT, who challenged the initial denials, has urged customers to withdraw their assets
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JUST IN: ๐ซ๐ท France is now trying decentralized finance regulation. Seriously.
Regulators proposed that platforms be liable for client incidents.
They will come for Bitcoin. Itโs only a matter of time.๐ค
๐คฉ ๐คฉ ๐คฉ @Cryptoz_Hub๐คฉ ๐คฉ ๐คฉ
Regulators proposed that platforms be liable for client incidents.
They will come for Bitcoin. Itโs only a matter of time.
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GLOBAL MARKETS IN RISK-OFF MODE ๐
BITCOIN DOWN $3,000 IN 15H
$165M LEVERAGE LONGS LIQUIDATED
๐คฉ ๐คฉ ๐คฉ @Cryptoz_Hub๐คฉ ๐คฉ ๐คฉ
BITCOIN DOWN $3,000 IN 15H
$165M LEVERAGE LONGS LIQUIDATED
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LATEST:๐จ๐ญ Switzerland's financial regulator FINMA APPROVES the country's FIRST spot Bitcoin ETF for retail investors.๐ค
The fund will invest directly in $BTC under Swiss investment fund laws, opening a new regulated investment channel for everyday investors.
FINMA also granted an exception to diversification rules, citing Bitcoin's established trading history and high liquidity.
๐คฉ ๐คฉ ๐คฉ @Cryptoz_Hub๐คฉ ๐คฉ ๐คฉ
The fund will invest directly in $BTC under Swiss investment fund laws, opening a new regulated investment channel for everyday investors.
FINMA also granted an exception to diversification rules, citing Bitcoin's established trading history and high liquidity.
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- South Koreaโs KOSPI plunges -6.50% to 6,001.81, with SK Hynix shares tumbling over 8%.Wall Streetโs chip rout is spreading across Asia as AI financing worries and oil near two-week highs intensify pressure on markets.
- Japanโs Nikkei 225 drops -2.77%, shedding 1,911 points to 67,120 as SoftBank sinks over 8%.
- Hong Kongโs Hang Seng fell 0.80% to 24,072.28, extending the regional slide.
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UPDATE:๐ฎ๐ฑ Israel's central bank REJECTS Prime Minister Benjamin Netanyahu's plan to use CRYPTO to bypass potential international financial sanctions, per FT.
Opposition leaders warned that the plan could leave Israel financially isolated, similar to Iran, Russia and Venezuela.
๐คฉ ๐คฉ ๐คฉ @Cryptoz_Hub๐คฉ ๐คฉ ๐คฉ
The central bank warned that crypto cannot help Israel avoid sanctions and urged the government to protect its ties with major trading partners.
The warning comes as the UK, France, Canada and other Western allies move to impose sanctions over Israeli settlements in the West Bank.
Opposition leaders warned that the plan could leave Israel financially isolated, similar to Iran, Russia and Venezuela.
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Sen. Richard Blumenthal, the top Democrat on the Senateโs investigations subcommittee, is demanding ALL contracts, payment records, crypto wallet addresses and lobbying communications by November 6.
The inquiry follows WSJ reporting that a Tether arrangement generated $6.3 MILLION for Nxum, with payments beginning while Hines retained a one-third stake and helped shape the GENIUS Act. Tether later hired him to lead its U.S. operations.
Blumenthal says the arrangement raises potential federal ethics, anticorruption and lobbying-law violations. Tether says an external counsel investigation found no wrongdoing.
The scrutiny has now escalated from a media investigation to formal Senate demands for records.
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More than $100 MILLION in long positions were reportedly liquidated in two hours as persistent inflation, rising oil prices and geopolitical tensions weigh on risk assets.
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๐จREMEMBER: although midterm elections have historically been quite negative for Bitcoin in the short term ๐
BTC has risen in the 12 months following the last 3 elections.
2014: +24.5%
2018: +44.9%
2022: +92.3%
Cool head๐ง
๐คฉ ๐คฉ ๐คฉ @Cryptoz_Hub๐คฉ ๐คฉ ๐คฉ
BTC has risen in the 12 months following the last 3 elections.
2014: +24.5%
2018: +44.9%
2022: +92.3%
Cool head
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#BREAKING ๐จ BOOOOM ๐ฅ๐ฅ
BITCOIN JUST DIPPED BELOW $75,000 FOR THE FIRST TIME IN OVER 7 WEEKS! ๐ฑ Uptober started strong, but now Moonvember is taking a hit. This drop feels like a punch in the gut after many werew counting on a bullish leap. Sentiment is shifting, and traders are getting restless.
But hereโs the kicker: every dip brings potential for accumulation. The long-term case for Bitcoin remains strong. This could be a signal for seasoned hodlers to stack some more sats while the price is down. Keep an eye on the market structure. Will this shake out weak hands, or will it set the stage for a fresh rally?
WHAT A LEGEND!
๐คฉ ๐คฉ ๐คฉ @Cryptoz_Hub๐คฉ ๐คฉ ๐คฉ
BITCOIN JUST DIPPED BELOW $75,000 FOR THE FIRST TIME IN OVER 7 WEEKS! ๐ฑ Uptober started strong, but now Moonvember is taking a hit. This drop feels like a punch in the gut after many werew counting on a bullish leap. Sentiment is shifting, and traders are getting restless.
But hereโs the kicker: every dip brings potential for accumulation. The long-term case for Bitcoin remains strong. This could be a signal for seasoned hodlers to stack some more sats while the price is down. Keep an eye on the market structure. Will this shake out weak hands, or will it set the stage for a fresh rally?
WHAT A LEGEND!
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