Every May 22, the cryptocurrency industry celebrates the anniversary of Laszlo Hanyecz’s famous and infamous pizza-for-bitcoin trade. In 2010, the Florida-based programmer and early adopter of bitcoin offered 10,000 bitcoins if someone would buy him two pizzas. Jeremy Sturdivant took him up on the offer and had two pies — one pepperoni and one Supreme — from a local Papa…
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6 Million Bitcoins Exposed to Quantum Risk
Glassnode research shows many exchanges hold unsafe BTC
Some six million bitcoins, or 30% of the issued supply, are exposed to the quantum risk of theft. Analytics provider Glassnode said those bitcoins have exposed public keys, making them vulnerable to the risk that quantum computers may eventually be able to break their encryption and figure out private keys used to move BTC from their identifying public keys. The…
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Fed: 10% of U.S. Adults Used or Held Cryptocurrency in 2025
That’s up 25% over the previous year
One in 10 U.S. adults said they bought or held cryptocurrency as an investment in 2025, according to a Federal Reserve study of the economic well-being of U.S. households. That’s up 25% over the 8% that bought or held crypto in 2024. It’s still down from the 12% that bought or held crypto in 2021, before the FTX-induced crypto winter.…
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Citing Regulation, Bitcoin Depot Files for Bankruptcy
Bitcoin ATM operator calls business model ‘unsustainable’
Even as some competitors expand their bitcoin ATM operations, Bitcoin Depot, once the largest operator of bitcoin ATMs in North America, announced it is closing up shop. Bitcoin Depot announced Monday that it was filing Chapter 11 bankruptcy in the Southern District of Texas and would begin an orderly wind-down of its business in the United States. It expects to…
