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Homepage > News > Tech > Majorana 1 chip offers breakthroughs in quantum computing This post is a guest contribution by George Siosi Samuels, managing director at Faiā. See how Faiā is committed to staying at the forefront of technological advancements here. Microsoft’s (NASDAQ: MSFT) recent unveiling of the Majorana 1 chip marks a pivotal moment in the evolution of quantum computing. This breakthrough, achieved after nearly two decades of research, leverages the unique properties of Majorana fermions to create more stable and scalable qubits. While practical, large-scale quantum computers remain years—if not decades—away, this development can potentially accelerate the timeline…

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Thomas Smith, the chief technology officer of the now-defunct cryptocurrency firm SafeMoon, has pleaded guilty to securities fraud conspiracy and wire fraud conspiracy in connection with a multimillion-dollar scheme that allegedly defrauded investors of over $200 million. Per a recent filing with the Brooklyn federal court, Smith admitted to misleading investors about the status of SafeMoon’s liquidity pool, falsely claiming it was locked and inaccessible. Prosecutors allege he, along with CEO Braden John Karony and creator Kyle Nagy, diverted client funds for personal use, thereby engaging in securities fraud and wire fraud. In his recent court appearance before Magistrate Judge…

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Journalist Posted: February 20, 2025   XRP’s BTC ratio has surged by 297% in the past 14 weeks, outpacing broader crypto market movements. Whale wallets holding 100K+ have increased by 261 since December, reflecting growing investor confidence. Despite broader market stagnation, Ripple[XRP] has emerged as one of the standout performers. The XRP/BTC price ratio has climbed an astonishing +297% since early November 2024, showcasing strong bullish sentiment.  Additionally, the number of wallets holding 100,000 or more coins has grown by 261 over the past 10 weeks, reflecting increased confidence from large holders. But what does this mean for its future?…

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Penny cryptos offer high earning potential, and ChowWow, TRON, and Cardano stand out as top picks for investors seeking the next big opportunity. Cryptocurrencies have a large potential, and penny cryptos are considered to be among the most lucrative instruments for obtaining high revenues. They are relatively cheap and have a high earnings capacity, meaning that they can yield high returns and are suitable for those seeking the next big thing. There are quite a number of tokens in…

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

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Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Kaito Genesis 1,153.42 ETH 535 ethereum View 2 Pudgy Penguins 342.66 ETH 39 ethereum View 3 Milady Maker 134.69 ETH 36 ethereum View 4 Doodles 114.39 ETH 31 ethereum View 5 Memeland Captainz 107.29 ETH 82 ethereum View 6 Azuki 106.49 ETH 34 ethereum View 7 Bored Ape Yacht Club 95.60 ETH 7 ethereum View 8 CryptoPunks 80.77 ETH 2 ethereum View 9 OCH Genesis Ring 78.40 ETH 93 ethereum View 10 Lil Pudgys 70.97 ETH 79 ethereum View…

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Utah has advanced its Bitcoin reserve bill to the next stage of legislation, with a second and third reading in the Senate pending before a final vote. As per the latest update, Utah’s Senate Revenue and Taxation Committee has passed the Blockchain and Digital Innovation Amendments bill (House Bill 230), bringing the state closer to recognizing Bitcoin as an official reserve asset. Lawmakers passed the bill with a 4-2-1 vote, where all four votes in favor came from Republican senators. One Republican and one Democrat opposed the bill, while one senator was marked absent. The bill will now undergo a…

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DOGE bounced off a key support, highlighting potential for short-term recovery despite bearish patterns Declining network activity and a bearish MVRV signaled that a breakout may be unlikely soon Dogecoin [DOGE] recently saw a massive transfer of 100 million DOGE (worth approximately $25.4 million) to Binance, sparking speculation about its next market move.  At press time, DOGE was trading at $0.2551 following a modest increase of 0.10% in the last 24 hours. The aforementioned whale move raises some very important questions – Could it be the catalyst for a breakout, or will the market continue to struggle? What’s happening on…

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Mask Network has initiated a major restructuring of its MaskDAO ecosystem, spinning off three web3 social projects — Next.ID, Web3.Bio, and Firefly — under its umbrella.  The latest ecosystem update, which was announced on its Medium blog on Feb. 21, is to provide each of the three projects with greater freedom to grow, innovate, and secure funding. Next.ID, with its emphasis on decentralized identity, gives users cross-platform authority over who owns their data.  Web3.Bio functions as a web3-native LinkedIn, combining identities from Lens, Farcaster, and ENS to streamline reputation scoring and identity search in the decentralized space. Firefly, on the…

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Journalist Posted: February 21, 2025   The SEC reviewed multiple Solana ETF filings, with decisions expected within 240 days. Analysts estimated a 70–84% chance of Solana ETF approval, boosting market optimism. The excitement surrounding altcoin ETFs is reaching new heights, with Solana [SOL] now at the center of the latest developments. Solana ETF gains ground On the 18th of February, the SEC acknowledged spot SOL ETF filings from VanEck, 21Shares, Bitwise, and Canary Capital, setting the stage for a potential approval or rejection within 240 days. Grayscale’s SOL ETF filing, added to the Federal Register on the 12th of February,…

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