CAM BTC(03042.HK)

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Hong Kong police are investigating a HK$21.4 million cryptocurrency scam; no arrests have been made so far.

Hong Kong police are investigating a HK$21.4 million cryptocurrency scam after a victim reported being unable to withdraw funds from a trading platform. The case is classified as "obtaining property by deception," and no arrests have been made. Authorities warn the public to be cautious of high-return investment projects and to understand the risks associated with virtual products before investing.

CoinLive·
HK
03042
-0.37%
HK
03887
+2.40%
HK
03135
-0.47%
CoinLive·
HK
03042
-0.37%
HK
03887
+2.40%
HK
03135
-0.47%

Bitcoin can't wait 20 years; the quantum threat is already looming.

Bitcoin's 20-year quantum security window has collapsed, with 25% of its supply in high-risk addresses needing urgent migration. Despite some believing there's time to upgrade before quantum threats materialize, advancements in quantum computing, such as IBM's breakthroughs, suggest otherwise. Vitalik Buterin warns that quantum computers may disrupt cryptography sooner than expected. Upgrading Bitcoin to quantum-resistant systems is complex and politically challenging, with potential long downtimes. Delayed transitions could lead to catastrophic market impacts, including price crashes from sudden Bitcoin dumps by attackers exploiting quantum technology.

CoinLive·
US
BTCW
+0.13%
US
IBIT
+0.06%
US
BTCO
+0.12%
CoinLive·
US
BTCW
+0.13%
US
IBIT
+0.06%
US
BTCO
+0.12%

Matrixport: This round of decline may be more of a tactical correction.

Matrixport's market research report suggests that recent declines in Bitcoin prices may be a tactical correction rather than a sign of weakening fundamentals. The report highlights that President Trump's tariff threats are more about creating market volatility for negotiation leverage. Bitcoin's correlation with global liquidity is increasing, making it sensitive to price changes. The report advises disciplined investors to take advantage of identifiable volatility windows, while noting that other risk assets remain resilient and the market's reaction to tough statements is diminishing.

CoinLive·
US
IBIT
+0.06%
US
FBTC
+0.12%
US
BTCW
+0.13%
CoinLive·
US
IBIT
+0.06%
US
FBTC
+0.12%
US
BTCW
+0.13%

Ark Invest Projects Massive Growth in Digital Assets by 2030

Ark Invest forecasts substantial expansion in digital assets, driven by institutional adoption of bitcoin and asset tokenization. According to NS3.AI, the firm predicts that the market size for digital assets could reach tens of trillions of dollars by the end of the decade. This projection highlights the transformative impact of blockchain technology and digital assets on the global financial system.

CoinLive·
US
HODL
+0.16%
US
BITB
+0.08%
US
ABTC
-1.92%
CoinLive·
US
HODL
+0.16%
US
BITB
+0.08%
US
ABTC
-1.92%

Bitcoin Network Sees Hashrate Increase Amid Rising Prices

The Bitcoin network's hashrate experienced a 3.4% increase this week, reaching an average of 1039 EH/s. According to NS3.AI, the average Bitcoin price also saw a slight rise of 0.61%, bringing it to approximately $92,872. In a notable development, Ethiopia is considering partnerships to establish Bitcoin mining operations, signaling a significant move in the industry. Furthermore, two independent miners successfully mined a block each, earning rewards of around $300,000.

CoinLive·
US
BTCO
+0.12%
US
EZBC
+0.10%
US
ABTC
-1.92%
CoinLive·
US
BTCO
+0.12%
US
EZBC
+0.10%
US
ABTC
-1.92%
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