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Whale's $9B Bitcoin sale was not due to quantum concerns: Galaxy Digital

Galaxy Digital has clarified that a recent $9 billion Bitcoin sale by a major investor, often referred to as a "whale," was not motivated by concerns over quantum computing's potential impact on cryptocurrency security. The sale, which raised speculation about its implications for the market, was attributed to the investor's portfolio rebalancing strategy rather than fears of quantum threats. Galaxy Digital emphasized that the transaction was part of normal market activity and should not be interpreted as a sign of impending risk to Bitcoin's integrity. The firm aims to dispel misconceptions surrounding the sale and its motivations.

Read the full article: Coin Telegraph

Ripple Begins Buying Back Shares at $50 Billion Valuation: Bloomberg

Ripple has initiated a share buyback program, valuing the company at $50 billion, according to Bloomberg. This move comes as Ripple aims to strengthen its financial position and enhance shareholder value. The buyback is part of Ripple's strategy to leverage its growth and market presence in the cryptocurrency

Ripple's share buyback program values the firm at $50 billion

Ripple has initiated a share buyback program that values the company at $50 billion. This move comes as Ripple continues to expand its operations and strengthen its position in the cryptocurrency market. The buyback program is seen as a sign of confidence in the company's future growth and

Grammarly Disables AI 'Expert Review' After Backlash From Authors and Journalists

Grammarly has disabled its AI feature called "Expert Review" following backlash from authors and journalists who expressed concerns about the potential misuse of their work. The feature, which provided feedback on writing quality, was criticized for possibly infringing on copyright and intellectual property rights. Many writers felt that

Bitcoin holds $70,000, starting to show relative strength versus stocks, software sector, and gold

Bitcoin has maintained a price level around $70,000, demonstrating increasing relative strength compared to traditional assets like stocks, the software sector, and gold. Analysts note that this resilience may indicate a shift in investor sentiment as Bitcoin continues to attract interest amid economic uncertainties. The cryptocurrency's performance

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Ripple Begins Buying Back Shares at $50 Billion Valuation: Bloomberg

Ripple's share buyback program values the firm at $50 billion

Grammarly Disables AI 'Expert Review' After Backlash From Authors and Journalists

Bitcoin holds $70,000, starting to show relative strength versus stocks, software sector, and gold