Cryptocurrency News Today TheBitTimes.com

There are “traps” lying in wait for innovators at the vanguard of fintech and quantum computing, according to researchers. Quantum computing technologies are slowly beginning to trickle out of the laboratory setting and into commercial industries. While it remains to be seen when mainstream adoption will occur, a number of companies are currently engaged in experiments and trials with paying clients to develop quantum computing solutions.  According to a pair of researchers from the University of Cambridge and Bandung Institute of Technology, respectively, this represents a critical period wherein the world still has the opportunity to prepare itself for what they’re deeming “the quantum revolution.” In a recently published commentary in the Nature journal, researchers Chander Velu and Fathiro Putra describe the ‘productivity paradox’ and explain how the mainstream adoption of quantum computing could slash economic growth for a decade or more. Per their commentary: “The digital re...

Users are still seeking to move their funds away from centralized exchanges, paving the way for blockchain-based alternatives to thrive. Cryptocurrency had its Lehman moment with FTX — or, perhaps, another Lehman moment. The macroeconomic downturn has not spared crypto, and as November rolled around, nobody knew that we were in for the collapse of an empire worth billions of dollars. As the rumors of bankruptcy began to take hold, a bank run was inevitable. Sam “SBF” Bankman-Fried, the once effective altruist now under house arrest, continued to claim that assets were “fine.” Of course, they were not. From Genesis to Gemini, most major crypto organizations have been affected by the contagion effect in the aftermath. The problem with exchanges like Binance, Coinbase and FTX Time and time again, the feeble layer of stability has been broken down by the hammer of macroeconomic stress in an atmosphere of centralization. It can be argued that centralized systems grow quickly for the same...