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Zcash Drops, Then Pops as Bitcoin Billionaire Arthur Hayes Warns Holders to Remove ZEC From Exchanges

Zcash experienced significant price fluctuations, dropping earlier in the day before regaining momentum following a warning from Bitcoin billionaire Arthur Hayes. Hayes advised investors to withdraw their Zcash (ZEC) holdings from centralized exchanges due to the increasing volatility surrounding the privacy coin. He emphasized the importance of self-custody for ZEC to mitigate risks associated with centralized platforms, which are more vulnerable to breaches. Zcash's value increased by over 10% after Hayes' tweet, with its price recovering to above $537, despite having dipped to $430 earlier. It remains significantly lower than its all-time high of $3,192 set in 2016. This discussion aligns with ongoing concerns about privacy coins, which are designed to encrypt transaction information, thereby offering users more anonymity than traditional cryptocurrencies like Bitcoin. Experts continue to caution against holding such assets on centralized exchanges, as they retain user identification details that conflict with the privacy principles of the coins themselves.

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Bitcoin Q-Day on the Horizon? New IBM Quantum Chip Expected to Hit Another Milestone

IBM has unveiled its newest quantum processors, Nighthawk and Loon, which are designed to bring the company closer to achieving fault-tolerant quantum computing by 2029. The Nighthawk processor features 120 qubits and is capable of supporting complex computations through its enhanced connectivity and increased circuit complexity. IBM aims to achieve

Bitcoin Q-Day on the Horizon? New IBM Quantum Chip Expected to Hit Another Milestone

IBM has introduced the Nighthawk and Loon quantum processors, marking crucial progress toward achieving verified quantum advantage by 2026 and fault tolerance by 2029. The Nighthawk processor features 120 qubits and 218 couplers, enabling it to support circuits that can perform up to 5,000 two-qubit gates. Although IBM'

Bitcoin Q-Day on the Horizon? New IBM Quantum Chip Expected to Hit Another Milestone

IBM has introduced new processors aimed at leading the way toward fault-tolerant quantum computing. The recently unveiled Nighthawk processor features 120 qubits, capable of supporting circuits with up to 5,000 two-qubit gates, inching closer to IBM's target of community-verified quantum advantage by 2026 and fault tolerance by

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