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Debate arises over freezing Satoshi's 1M BTC wallets amid quantum computing risks by 2029

Market News
04 Jul 2026
Crypto Briefing
View Source
Neutral
Debate arises over freezing Satoshi's 1M BTC wallets amid quantum computing risks by 2029

A Google Quantum AI report warns that by 2029, quantum computers could crack Bitcoin's cryptography, threatening wallets including Satoshi Nakamoto's 1.1 million BTC. Binance's CZ proposes freezing unmoved wallets after a migration period to prevent quantum attacks, but this conflicts with Bitcoin's principle against confiscation. The debate highlights a major philosophical and security challenge for Bitcoin, with significant market and reputational implications. The community continues to discuss solutions like BIP-361 while investors are urged to migrate coins from vulnerable addresses.

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TSMC says AI chip demand far exceeds supply, boosting Nvidia stock appeal.

TSMC says AI chip demand far exceeds supply, boosting Nvidia stock appeal.

TSMC reports that demand for AI chips remains significantly higher than its production capacity. This supply-demand gap highlights the strong growth potential in the AI semiconductor market. As a result, investors see Nvidia, a leading AI chipmaker, ...

Market News
Bullish
1 hour ago
PUMP token drops 4.06% in an hour with $940K long positions liquidated on major exchanges

PUMP token drops 4.06% in an hour with $940K long positions liquidated on major exchanges

The PUMP token experienced a 4.06% price drop within one hour, falling to $0.004469 as of 7:15 p.m. ET on October 16. During this period, $940,000 worth of long positions were liquidated across Binance, Bybit, and OKX, while no short positions were l...

Market News
Bearish
4 hours ago
Bitcoin leads crypto funding rates with 0.0100% every 8 hours as open interest dips slightly.

Bitcoin leads crypto funding rates with 0.0100% every 8 hours as open interest dips slightly.

Bitcoin recorded the highest funding rate among five major cryptocurrencies at 0.0100% every eight hours, equivalent to 10.9% annualized, indicating that traders holding long positions pay those with short positions. Its open interest decreased sligh...

Market News
Neutral
4 hours ago
Liberty Energy upgraded to STRONG BUY on undervalued assets and growth in power business.

Liberty Energy upgraded to STRONG BUY on undervalued assets and growth in power business.

Liberty Energy (LBRT) has been upgraded to a STRONG BUY due to its undervalued near-term completions and promising long-term growth in its power business. Despite a 34% decline in share price, the company’s improving oil field fundamentals and upcomi...

Analyst Insights
Bullish
4 hours ago
Arbitrum One surpasses 7,400 real-world assets, promoting USDG as main stablecoin on its network.

Arbitrum One surpasses 7,400 real-world assets, promoting USDG as main stablecoin on its network.

Arbitrum One, an Ethereum layer-2 network, has exceeded 7,400 real-world assets (RWAs) as part of a new initiative to expand the use of its stablecoin, USDG. The program encourages developers on Arbitrum to adopt USDG as their primary stablecoin, wit...

Protocol Fundamentals
Bullish
4 hours ago
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