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Here’s what happened in crypto today

On October 19, 2023, Bitcoin experienced a significant price drop, falling below $26,000 amid market volatility. Ethereum also saw a decline, with its price dipping to around $1,600. Analysts attribute the downturn to macroeconomic factors, including rising interest rates and regulatory concerns. Meanwhile, several altcoins faced similar losses, leading to a broader market sell-off. Despite the downturn, some experts remain optimistic about a potential recovery in the coming weeks.

Read the full article: Coin Telegraph

Google Sets 2029 Deadline to Deal With Quantum Threat—Is It a Problem for Bitcoin?

Google has announced a 2029 deadline to address the potential threats posed by quantum computing to cryptographic systems, including those used in Bitcoin. Quantum computers could potentially break the cryptographic algorithms that secure cryptocurrencies, raising concerns about their long-term viability. Experts suggest that the crypto industry must proactively develop quantum-resistant

Australia Lays Groundwork for Tokenized Asset Markets After RBA Project

Australia is advancing its tokenized asset markets following a project by the Reserve Bank of Australia (RBA) that explored the use of central bank digital currencies (CBDCs). The RBA's initiative aimed to assess the potential benefits and risks of CBDCs in facilitating tokenized assets. The Australian government is

BitGo teams with ZKsync to build tokenized deposit infrastructure to bring banks onchain

BitGo has partnered with ZKsync to develop a tokenized deposit infrastructure aimed at integrating traditional banks into the blockchain ecosystem. This collaboration seeks to enhance the security and efficiency of digital asset management for financial institutions. The new infrastructure will leverage zero-knowledge technology to ensure privacy and compliance. By facilitating

Elon Musk's X hires crypto-savvy design lead as X Money payments push inches closer

Elon Musk's social media platform X has appointed a new design lead with expertise in cryptocurrency as it moves closer to launching X Money, its payment service. This hire is part of Musk's broader strategy to integrate financial services into the platform, enhancing user engagement and

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Google Sets 2029 Deadline to Deal With Quantum Threat—Is It a Problem for Bitcoin?

Australia Lays Groundwork for Tokenized Asset Markets After RBA Project

BitGo teams with ZKsync to build tokenized deposit infrastructure to bring banks onchain

Elon Musk's X hires crypto-savvy design lead as X Money payments push inches closer