ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review

1 year ago

With the Ethereum Merge lawsuit present successfully completed, caller proof-of-work (PoW) forks person emerged to vie for miner acceptance. This, arsenic the United States government, has warned that the post-quantum satellite is getting closer, and susceptible cryptography volition request to beryllium protected. Amidst reddish blistery ostentation successful the U.S., President Joe Biden notes that state prices person fallen, but doesn’t notation the 190 cardinal barrels that person been tapped from the U.S. Strategic Petroleum Reserve to code the issue. Though U.S. ostentation is high, the greenback is gaining large powerfulness against different satellite currencies, and Chinese state-backed media says this “might beryllium the opening of different nightmare” for “many countries successful the world.” All this and much successful this week’s Bitcoin.com News Week successful Review.

Ethereum’s Merge Gave Birth to 2 Forks — Newly Launched Ethereumfair Gathers USD Value and Hashpower

Following Ethereum’s Merge, a fig of cryptocurrency assemblage members person been discussing the proof-of-work (PoW) fork called ETHW arsenic it has dropped importantly successful worth recently. However, a batch of radical are unaware that there’s different Ethereum-based PoW fork called ethereumfair (ETF), and ETF has gathered a tiny magnitude of hashrate and fiat worth since the token’s mainnet launch.

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 US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break

Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break

According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), portion quantum computers are incapable of breaking nationalist cardinal encryption algorithms, nationalist and backstage entities request to hole for aboriginal threats against cryptography that is not quantum resistant.

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As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar 'Is Once Again the World's Problem'

As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’

U.S. president Joe Biden was precocious criticized for claiming ostentation successful America hasn’t accrued during the past fewer months, portion the U.S. Dollar Index (DXY) crept up to the 110.776 region. Meanwhile, a caller study published by CCP-backed Global Times is pressing for de-dollarization arsenic the U.S. dollar’s emergence “might beryllium the opening of different nightmare” for “many countries successful the world.”

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DOJ Launches Digital Asset Network With 150 Federal Prosecutors to Combat Criminal Uses of Crypto

DOJ Launches Network of Over 150 Federal Prosecutors to Combat Criminal Uses of Crypto

The U.S. Department of Justice (DOJ) has established the nationwide Digital Asset Coordinator Network of implicit 150 national prosecutors. The authorization explained that the caller web volition further its “efforts to combat the increasing menace posed by the illicit usage of integer assets to the American public.”

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What are your thoughts connected this week’s stories? Does the U.S. dollar airs a menace to the planetary economy? Let america cognize successful the comments conception below.

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