Bitcoin Drops Below $73,000 on Middle East Tensions, CFTC Admits Error in Gemini Suit
A roundup of crypto news: Bitcoin fell below $73,000 as Middle East conflict escalated; CFTC acknowledged its lawsuit against Gemini was erroneous; Quantus warned of crypto market's unpreparedness for quantum threat; Grayscale called Hyperliquid a DeFi breakthrough; and a hacker stole $15 million in a GUA airdrop.
Bitcoin dropped below $73,000 amid escalating conflict in the Middle East. Meanwhile, the CFTC admitted that its lawsuit against Gemini was erroneous.
In other developments, Quantus pointed out the crypto market's lack of preparedness for a quantum computing threat. Grayscale named Hyperliquid a breakthrough in decentralized finance. A hacker intercepted a GUA airdrop, stealing $15 million.
Additional news includes Thailand's plan to launch a 100 MW hydrogen data center, scientists creating a full-cycle photonic chip for quantum systems, and crypto funds increasing their influence on the U.S. elections. Researchers also built a perfect quantum randomness generator.
Source: ForkLog