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

Zcash (ZEC) experienced volatility as Bitcoin billionaire Arthur Hayes advised users to transfer their holdings from centralized exchanges to self-custodial wallets. Hayes, a prominent figure in the crypto space, cautioned his followers on social media amidst rising price fluctuations for the privacy coin. The price of ZEC initially fell to around $430 but rebounded over 10% within 24 hours, trading above $537, though still significantly lower than its peak of $3,192 in 2016. This price movement reflects heightened concerns about privacy coins and centralized exchanges, which store personal data and are seen as vulnerable to hacking. Additionally, Nasdaq-listed Leap Therapeutics, now known as Cypherpunk Technologies, announced plans to invest in Zcash after securing a significant private placement. Zcash's ability to enable private transactions is emphasized as essential, especially considering tracking issues associated with more transparent cryptocurrencies like Bitcoin.

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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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