Man sues local council for $647M over lost BTC, quantum computers threaten crypto

The weekend didn't have much to offer in the way of Bitcoin price action until late last night, when we saw such rapid gains that it liquidated over $100M in short positions. Outside of Bitcoin, BNB onchain activity tanks 37% in a week, scientists breach crypto algorithms with quantum computers, an AI bot causes a memecoin to go parabolic and a man who lost half a billion dollars of BTC in a landfill is suing the council for $647M in damages!

Further reading:

• Crypto short liquidations breach $100M as Bitcoin reclaims $64K
• BNB DApp volumes down 25% in a week — Will BNB price follow?
• Scientists breach cryptographic algorithms with quantum computer: SCMP
• An AI bot didn’t create the GOAT crypto token — But did shill it
• British man sues council for $647M over lost Bitcoin in landfill

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