IBM pushes towards quantum advantage in two years with breakthrough code
The new quantum code, Gross code, drastically reduces the need for physical qubits, solving scalability issues for large-scale quantum computing applications. IBM’s Quantum CTO, Oliver Dial, predicts that quantum advantage,…
Ukraine proposes a 23% tax on crypto income
Under the plan, crypto used for payments or cashed out to fiat would be taxed, but stablecoins may be exempt. Ukraine’s securities regulator has outlined a new framework to tax…
Microsoft pauses $1 billion data centre project in Ohio
As AI demand shifts, Microsoft has slowed down major data centre projects, including the one in Ohio, and plans to invest $80 billion in AI infrastructure this year. Microsoft has…
ECB official pushes for digital euro to counter US stablecoins
A digital euro could protect Europe from excessive reliance on foreign payment systems, according to ECB’s Cipollone. The ECB has renewed its push for a digital euro to counter the…
SEC approves options trading on spot Ethereum ETFs
The approval of Ethereum ETF options comes amid Ethereum’s price struggles, with analysts hopeful for new momentum in the market. The US Securities and Exchange Commission (SEC) has officially approved…
New York bill explores blockchain for election record security
A new bill seeks to use blockchain technology to improve election security, with a report due within one year. A new bill in New York aims to explore the potential…
Former Facebook executive says Meta misled over China
Wynn-Williams says Meta executives prioritised business growth in China over national security. Former Facebook executive Sarah Wynn-Williams has accused Meta of compromising US national security to grow its business in…