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More →Google's quantum computing errors reduced 40-fold, researchers estimate 1,200 logical qubits could threaten Bitcoin.
CoinWorld data: Google announced that its Willow quantum processor has achieved a 40-fold reduction in quantum computing errors, reaching 99.99% logical fidelity. This breakthrough marks an important step toward machines capable of computations that could threaten Bitcoin's cryptography. Although this result does not mean that Google can currently crack Bitcoin's encryption, it has sparked discussion about how quickly researchers may overcome the remaining obstacles before quantum technology reaches the ability to affect widely used public-key cryptography. Google's research suggests that breaking 256-bit elliptic curve cryptography could theoretically require fewer than 1,200 logical qubits and 90 million Toffoli gates. Although these are theoretical resource estimates rather than a demonstration of a successful attack on Bitcoin, as resource estimates shrink, the discussion surrounding Bitcoin's long-term security is becoming increasingly urgent.
BTC liquidations totaled $99.1747 million over the past 24 hours.
Bijie data: BTC's rolling 24-hour liquidation amount is approximately USD 99.1747 million, involving about 7,092 liquidated accounts. Compared with the same-caliber snapshot 24 hours ago, it is down 48.01%; compared with the same-caliber snapshot 7 days ago, it is down 61.29%.
Global report: $188 billion in venture funding tied to crypto exchanges
CoinWorld data: CryptoNews reports that a global accounting firm found $187.75 billion in high-risk fund exposure across 99 crypto exchanges, with 10 platforms accounting for 90.9% of flagged inflows. The report analyzed $36.28 trillion in deposits and withdrawals involving Bitcoin, Ethereum, and USDT, tracking connections to high-risk sources and destinations. The report documented $90.55 billion in inflows from flagged sources and $97.21 billion flowing to flagged destinations. An unnamed exchange accounted for $70.84 billion in combined risk exposure. The report noted that exposure represents proximity to identified high-risk entities rather than proof that the exchange or its customers deliberately engaged in illegal activity.
Visa officially launches stablecoin payments, supporting more than 180 countries.
According to WatcherGuru, Visa has officially launched stablecoin payments through Visa Direct, supporting near-instant global payments using USDC in over 180 countries.
Bitget tightens controls on digital assets linked to sanctioned trading platforms.
Bitget has announced that it will further strengthen controls on deposits and withdrawals of digital assets involving sanctioned trading platforms and related entities. If a user deposits to Bitget from an entity listed on the list, or withdraws from Bitget to a related entity, the platform will refuse to process the transaction, terminate the user's account, and stop services. The relevant list includes htx (Huobi Global SA), exmo, bitpapa, a7 africa, a7 nigeria, pilotfinance, Cryptomus affiliate Xeltox Enterprises, tokenspot, and bitbank3, among others. In cases where the source of funds, receiving address, or intermediary service providers used in a transaction are associated with the above entities, Bitget may further review or reject the relevant transaction and temporarily restrict account functions such as deposits, withdrawals, and trading during the review period. Bitget stated that the relevant list is not exhaustive or fixed and may be adjusted in the future in accordance with sanctions and regulatory requirements.
Indonesia's stock market plunged 11.6%, MSCI threatened removal from global indexes, with $19 billion at risk.
Indonesia's stock market plunged 11.6% on October 16, and MSCI is considering removing the country from its global indexes, which could lead to outflows of up to $19 billion. The Jakarta Composite Index closed at 5,185.10 points, marking its largest single-day drop since the 1998 Asian financial crisis. In an announcement on October 15, MSCI mentioned that due to concerns over opaque shareholder structures and insufficient regulatory enforcement, it recommends reclassifying Indonesia from an emerging market to a standalone market. This move could lead to about $4 billion in passive investment outflows, as well as $15 billion in actively managed investment outflows. Although this estimate does not guarantee that all funds will be withdrawn, Indonesia's challenge is to prevent market panic from turning into a long-term withdrawal of international capital.
BTC contract long-short account ratio (October 16, 2026, 20:00) is 1.53
Bjie data: The BTCUSDT 4-hour long-short account ratio is 1.53, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it decreased by 0.247; compared with the same-caliber snapshot 7 days ago, it decreased by 0.0951.
Charles Schwab CEO: Investor interest in fixed income products reaches record levels
CoinWorld news, Charles Schwab CEO: Investor interest in fixed-income products has reached a record level.
ORETEX data shows
According to news from Bijie, ORETEX data shows that short sellers of AI computing power leasing company CoreWeave made a paper profit of about $806 million on Wednesday when the stock fell 15.5%.
美股异动 | Vertical Aerospace(EVTL.US)盘前涨约10%
Coin World News, U.S. stocks move | Vertical Aerospace (EVTL.US) rises about 10% premarket as Valo finalizes seat and navigation suppliers. As of press time, Vertical Aerospace (EVTL.US) surged 10.7% in Friday premarket trading. The company previously announced that it signed long-term supplier agreements with South Korea's ANH Structure and Northrop Grumman (NOC.US) to provide seats and navigation systems for its Valo electric vertical takeoff and landing (eVTOL) aircraft.