Bitmain’s $4B Valuation, Cambodia’s CBDC and BTC-e’s Bust

[Tnoy30]

Bitcoin is one of the only sources of funding available for the “pirate” science site, Sci-Hub, which is quietly engaged in war against copyrights.

Despite Bitcoin’s ability to disintermediate money from politics, a new quantum computer may eventually crack its code. Here’s the story:
A Quiet Revolution
Alexandra Elbakyan, the founder of Sci-Hub, a database of over 80 million articles from academic journals usually locked behind subscription services, is fomenting a quiet rebellion against copyright funded by bitcoin. The website has been sued by two science publishing houses and reportedly investigated by the U.S. Department of Justice, effectively cutting Elbakyan off the mainstream financial services in the West. Elsewhere, Honeywell unveiled the most powerful quantum computer to date, again opening questions over Bitcoin and most cryptocurrencies’ security models. “According to a June 2017 paper, a quantum computer would need to have around 2,500 qubits of processing power in order to break the 256-bit encryption used by Bitcoin,” Decrypt’s Liam Frost reports.
Read on: https://www.coindesk.com/blockchain-bites-bitmains-4b-valuation-cambodias-cbdc-and-btc-es-bust