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blockonomi.com Celsius Settles Bankruptcy Case with Tether for $299.5 Million

TLDR Celsius has reached a settlement with Tether for $299.5 million in its bankruptcy case. The settlement resolves a lawsuit where Celsius initially sought $3.5 billion in damages. Tether was accused of liquidating Bitcoin collateral prematurely during Celsius’s bankruptcy proceedings. The Blockchain Recovery Investment Consortium announced the resolution of the case on October 14. The [...] The post Celsius Settles Bankruptcy Case with Tether for $299.5 Million appeared first on Blockonomi.

bitcoinist.com Greatest Bitcoin Threat? Charles Edwards Predicts Quantum Break In 2–8 Years

At TOKEN2049 Singapore, Capriole Investments founder Charles Edwards set aside his well-known Bitcoin bullishness to deliver an unambiguous warning: a quantum “Q-Day” could arrive far sooner than most of the industry expects, with potentially existential consequences if Bitcoin’s core cryptography is not upgraded in time. “Within two to eight years, a quantum machine will break […]