18 Jul 2025, 17:07

Software Dev Has Special Advice for XRP Holders

Vincent Van Code, a respected software developer and crypto market analyst, has issued a sobering warning to XRP investors amid the asset’s explosive price surge. In a recent X post, Van Code challenged the prevailing strategy of “taking profits on the way up,” arguing that it may be both financially inefficient and emotionally damaging, especially in a full-blown bull market like the one XRP is currently experiencing. The Case Against Short-Term Trading Van Code believes that selling too early in a rising market does more harm than good, particularly when it comes to taxes. In many countries, holding an asset like XRP for more than a year results in significant capital gains tax reductions, sometimes by as much as 50 percent. By frequently selling during rallies, investors not only forfeit long-term tax benefits but also trigger repeated taxable events that reduce overall returns. He stressed that short-term trading often leads to regret and emotional volatility, especially in fast-moving markets. "take XRP profits as it moves up", may work in a sideways market, but in a full bull market, all you are doing is creating capital gains tax events. In most countries, holding an asset longer than 1yr reduces your tax by 50%. Not to mention the constant anxiety of worrying you… pic.twitter.com/p3KGe9V1r7 — Vincent Van Code (@vincent_vancode) July 18, 2025 To illustrate this, Van Code painted a familiar scenario for traders: an investor sells XRP at $5.30 for a modest profit, only to wake up the next morning and see the price at $5.80. That moment of regret, he said, can fuel panic, indecision, and poor re-entry points. Without a tested system, trailing stop losses, and at least 15 hours a day to watch charts, Van Code argues that most people are setting themselves up for failure. His conclusion is clear: for the average investor, the best course of action is to buy and hold through volatility, not chase every pump and dip. Why He’s Not Buying Now While Van Code supports long-term holding strategies, he was also quick to clarify that he’s not buying XRP at its current levels. Describing today’s market as overheated, he warned that new buyers may be entering too late. “That ship has sailed,” he said, referring to XRP’s breakout past $2. From his perspective, anyone buying at these elevated prices is taking on unnecessary risk, especially if they missed earlier accumulation zones. His advice is not to panic or FOMO into the rally but to exercise caution, conduct thorough research, and avoid gambling with volatile assets. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP Price Performance and Market Outlook Van Code’s caution comes as XRP continues its most aggressive rally in years. As of report time, XRP is trading around $3.38, after reaching a 24-hour high of $3.65. The asset has gained more than 20 percent in a single day, smashing through previous resistance and entering new all-time highs. This momentum follows several bullish catalysts, including favorable regulatory developments like the passage of the GENIUS Act , expanding institutional adoption of Ripple’s stablecoin RLUSD, and increased utility across global payment corridors. Analyst sentiment remains strongly bullish. Veteran trader Peter Brandt has projected XRP could rally to $4.47, while on-chain strategist Ali Martinez has highlighted the MVRV golden cross, a signal that previously preceded gains of over 600 percent. However, some analysts warn of a potential 17 percent short-term retracement as the market digests recent gains. Final Thoughts While XRP’s performance has been extraordinary, Van Code’s message serves as a grounded reminder of the emotional traps and tax consequences associated with short-term speculation. For holders who entered early, remaining disciplined and focused on long-term value could be the most strategic move. For new entrants, caution may be the best approach as the market tests new highs. In a time when euphoria is clouding judgment, his advice offers clarity: plan wisely, don’t gamble, and understand the game before playing. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Software Dev Has Special Advice for XRP Holders appeared first on Times Tabloid .

18 Jul 2025, 16:19

Ripple CTO Warns of Deepfake XRP Airdrop Video

Ripple’s Chief Technology Officer, David Schwartz, has recently called out a dangerous new scam targeting the XRP community. An artificial intelligence (AI)-generated video falsely shows Ripple CEO Brad Garlinghouse announcing a fake XRP rewards program, circulating online. This comes as the XRP community experiences growing excitement following Ripple’s recent legal win against the U.S. Securities and Exchange Commission (SEC). This deepfake video is part of a growing scam targeting unsuspecting users through fake airdrop promises. Scammers Exploit AI to Spread False Information The fraudulent video, widely circulated on social media, features a realistic but fake version of Brad Garlinghouse. In the video, the CEO appears to announce a “100 million XRP airdrop” as a gesture of gratitude. He claims it is to thank the community for supporting Ripple during its legal battle with the SEC. However, the video is not genuine. It was created using advanced AI technology, commonly known as a deepfake. In a recent X post , David Schwartz has confirmed this, urging the public not to engage with it. Growing Optimism in the XRP Market Attracts Bad Actors The scam comes at a time of rising optimism in the XRP community. Following fresh legal victories and talk of a potential settlement with the SEC , the price of XRP surged to $3.62, a 16% jump in just 24 hours, according to CoinMarketCap data. This upward movement has fueled speculation of a possible bull run. Experts, including Versan Aljarrah of Black Swan Capitalist, remain hopeful about XRP’s future rally. This positive sentiment, while encouraging for investors, also presents an opportunity for scammers to exploit. They are using the public’s optimism to carry out deceptive schemes. The deepfake video is only the latest in a long list of scams that surface whenever Ripple makes legal progress. A Repeated Pattern After Legal Wins This is not the first time Ripple’s legal progress has been followed by scam activity. In August 2024, Ripple secured a significant victory when the court reduced the SEC’s proposed penalty from $2 billion to $125 million. Shortly after the ruling, several fraudulent XRP giveaway schemes appeared online. Ripple responded by warning the public that the company and its executives do not offer airdrops or request funds from users. A similar situation occurred in July 2023. Following a court ruling that XRP is not a security, numerous fake offers and phishing links have been shared online. David Schwartz publicly denied the existence of any related giveaways, advising users to avoid all suspicious links and accounts. The repeated use of deepfakes and fake airdrop claims indicates that scammers are evolving rapidly. However, Ripple has repeated its message that it will never run promotional campaigns asking users to send funds or claim rewards. The company advises the community to ignore suspicious offers, even if they appear to come from official figures or accounts. The post Ripple CTO Warns of Deepfake XRP Airdrop Video appeared first on TheCoinrise.com .

18 Jul 2025, 16:05

ChatGPT: Unleash the Revolutionary Power of OpenAI’s AI Chatbot

BitcoinWorld ChatGPT: Unleash the Revolutionary Power of OpenAI’s AI Chatbot In the rapidly evolving digital landscape, where decentralized technologies like Bitcoin are reshaping finance, another groundbreaking force is redefining how we interact with information: ChatGPT . This AI chatbot , developed by OpenAI , has not only revolutionized productivity but also sparked intense discussions across industries, including the crypto and tech worlds. Since its launch in November 2022, ChatGPT has experienced an extraordinary ascent, transforming from a novel tool for generating text and code into a behemoth with 300 million weekly active users. Its journey is a testament to the accelerating pace of Generative AI innovation. The Unstoppable Rise of OpenAI’s ChatGPT 2024 proved to be a monumental year for OpenAI , marking significant advancements and strategic partnerships that solidified its position at the forefront of the AI revolution. A standout moment was its collaboration with Apple for Apple Intelligence, integrating its generative AI capabilities into a global ecosystem. The release of GPT-4o, boasting advanced voice capabilities, further showcased the company’s commitment to multimodal AI. Adding to its impressive portfolio, the highly anticipated launch of Sora, a text-to-video model, demonstrated OpenAI’s ambition to push the boundaries of creative AI. The continuous evolution of ChatGPT itself has been central to this growth. From its initial capacity to write essays and code from simple text prompts, the AI chatbot has expanded its utility across countless domains. Its user base has exploded, reflecting the widespread adoption and integration of AI into daily tasks and professional workflows. This rapid expansion highlights the transformative potential of advanced AI models in various sectors, including those touched by blockchain and digital assets. Navigating the Complexities: Challenges and Controversies for OpenAI Despite its successes, OpenAI has not been immune to internal and external pressures. The company faced notable internal drama, including the high-profile exits of key executives like co-founder and chief scientist Ilya Sutskever and CTO Mira Murati, signaling leadership shifts and strategic realignments. Externally, OpenAI has been embroiled in several legal battles, including lawsuits from Alden Global Capital-owned newspapers alleging copyright infringement, a critical issue for Generative AI models trained on vast datasets. Furthermore, an injunction from Elon Musk sought to halt OpenAI’s transition to a for-profit entity, raising questions about its foundational mission. In 2025, OpenAI continues to battle the perception of ceding ground in the fiercely competitive AI race, particularly to Chinese rivals like DeepSeek. To counter this, the company has been actively shoring up its relationship with Washington, engaging with policymakers on AI regulation and national security. Simultaneously, it is pursuing an ambitious data center project and reportedly laying the groundwork for one of the largest funding rounds in history, underscoring the immense capital required to sustain and accelerate AI development. Revolutionizing Interaction: Key ChatGPT Product Updates and Features The continuous stream of updates to ChatGPT showcases OpenAI ‘s relentless pursuit of innovation. Here’s a look at some of the most impactful developments: July 2025: ChatGPT Agent and Browser Launch: OpenAI introduced ChatGPT Agent, a general-purpose AI agent capable of automating complex computer-based tasks like navigating calendars, drafting presentations, running code, and online shopping within a secure virtual environment. This month also saw reports of OpenAI’s plans to release an AI-powered web browser, aiming to keep user interactions within ChatGPT rather than redirecting to external sites. June 2025: Infrastructure and Model Upgrades: A significant development was OpenAI’s adoption of Google’s AI chips to power ChatGPT, diversifying its hardware reliance beyond Nvidia GPUs. This month also brought the launch of o3-pro, an enhanced reasoning model, and upgrades to ChatGPT’s conversational voice mode, making interactions more natural and fluid. New features for business users, such as meeting recording and connectors for Google Drive and Box, expanded its enterprise utility. May 2025: Hardware Focus and Coding Agents: OpenAI’s CFO Sarah Friar highlighted hardware as a key driver for ChatGPT’s growth, with plans to acquire Jony Ive’s devices startup io for $6.4 billion. The company also unveiled Codex, an AI coding agent powered by codex-1, designed for precise software engineering tasks. OpenAI further released GPT-4.1 and GPT-4.1 mini AI models , specializing in coding and instruction following, and launched a data residency program in Asia to meet local data sovereignty requirements. April 2025: Personality and Safeguards: OpenAI addressed issues where ChatGPT became overly flattering (sycophancy) due to a GPT-4o update, quickly rolling back the change and working on fixes. Safeguards against biorisks were introduced for o3 and o4 mini models to prevent harmful advice. The company also enhanced ChatGPT’s online shopping experience with recommendations, images, and product reviews. A new ‘library’ section for AI-generated images was added, and OpenAI hinted at potentially adjusting safeguards if rivals release ‘high-risk’ AI without comparable protections. March 2025: Open Models and Content Policies: OpenAI announced plans to release a new ‘open’ AI language model, its first since GPT-2, in the coming months. It also made a notable change to its content moderation policies, allowing ChatGPT to generate images of public figures and hateful symbols when requested, a move that sparked debate. The adoption of Anthropic’s Model Context Protocol (MCP) aims to improve AI model accuracy and enable bidirectional links with data sources. OpenAI upgraded its image-generation feature, allowing ChatGPT to use the GPT-4o model for direct image creation and editing. February 2025: Simplified Offerings and Transparency: OpenAI canceled the standalone release of its o3 AI model in favor of a ‘unified’ next-gen release, GPT-5, integrating various technologies. The company also provided more transparency on its o3-mini model’s ‘chain of thought’ process, showing more reasoning steps. A significant user experience update allowed anyone to use ChatGPT web search without logging in, expanding accessibility. January 2025: Agents and User Customization: OpenAI launched Operator, a general-purpose AI agent capable of autonomously performing web browser tasks like booking travel. The company also introduced a new beta feature called ‘tasks’ for scheduling reminders and recurring tasks. Users gained the ability to customize ChatGPT’s personality with ‘traits’ like ‘chatty’ or ‘Gen Z’, offering a more personalized interaction experience. Beyond the Hype: Practical Applications and Ethical Considerations of this AI Chatbot While the capabilities of ChatGPT are undeniably impressive, its rapid integration into daily life also raises important questions about its broader impact. A new MIT study suggested that heavy ChatGPT usage might be harming critical thinking skills, as researchers observed minimal brain engagement in users compared to those who did not use AI tools for writing. This highlights a crucial challenge: balancing the efficiency gains from Generative AI with the preservation of essential human cognitive abilities. Privacy remains a significant concern. While OpenAI offers data residency programs and opt-out options for model training, the potential for storing deleted Operator data for up to 90 days raises questions about data retention policies. Furthermore, instances of the AI chatbot generating defamatory or false information, leading to libel concerns and privacy complaints in Europe, underscore the urgent need for robust ethical guidelines and accountability frameworks. The debate around AI-generated content and copyright infringement, particularly with viral phenomena like Studio Ghibli-style images, also continues to intensify. On the other hand, ChatGPT offers immense practical value. From assisting with coding and debugging to drafting email replies, generating listicles, and summarizing complex documents, its everyday applications are vast. Advanced uses include solving complex scientific problems and programming in various languages. The availability of a free mobile app and an API has democratized access to this powerful technology, fostering innovation across startups and established enterprises alike. ChatGPT’s Impact on Industries and the Future of Generative AI The influence of ChatGPT extends far beyond individual productivity, shaping industry dynamics and investment trends. While referrals from ChatGPT to news sites are increasing, they are often insufficient to offset declines in clicks as more users obtain news directly from AI-powered search results. This shift underscores the disruptive potential of Generative AI on traditional content consumption models. OpenAI’s ambitious vision for a more personalized ChatGPT, capable of tracking and remembering every detail of a person’s life, points towards a future of highly integrated and intuitive AI assistants. This vision, coupled with the company’s ‘OpenAI for Countries’ program aimed at developing local AI infrastructure globally, signals a move towards widespread AI adoption and customization to meet diverse linguistic and regional needs. The reported plans for specialized AI ‘agents’ with price tags up to $20,000 a month indicate the high value placed on automating complex professional tasks. As the AI landscape continues to evolve, events like Bitcoin World Disrupt 2025 become crucial platforms for discussing these transformative technologies. Tech and VC heavyweights from Netflix, ElevenLabs, Wayve, and Sequoia Capital are joining the agenda, offering insights into how AI, including advancements in AI models and AI chatbot capabilities, will fuel startup growth and sharpen competitive edges. Don’t miss the 20th anniversary of Bitcoin World Disrupt in San Francisco, October 27-29, 2025, for a chance to learn from the top voices in tech and secure your ticket to save up to $675 before prices rise. Your Burning Questions Answered: ChatGPT FAQs Here are quick answers to some frequently asked questions about ChatGPT : What is ChatGPT? It’s an AI chatbot developed by OpenAI , using large language models (like GPT-4o) to generate human-like text in response to user prompts. When was ChatGPT released? November 30, 2022. What is the latest version of ChatGPT? The most recent model is GPT-4o, with regular updates to both free and paid versions. Can I use ChatGPT for free? Yes, a free version is available, alongside the paid ChatGPT Plus. Who uses ChatGPT? Anyone can, from individuals for personal use to tech companies integrating it into their services (e.g., Microsoft’s Bing, Solana’s plug-in). What does GPT mean? Generative Pre-Trained Transformer. ChatGPT vs. a Chatbot? ChatGPT is an AI-powered chatbot utilizing LLM technology, whereas a general chatbot can be rules-based and not necessarily AI-driven. Can it write essays or code? Yes, it can write essays and workable Python code, though context awareness can be a limitation for complex programming. Does ChatGPT have an app or API? Yes, free mobile apps for iOS and Android, and an API released March 1, 2023. Can ChatGPT commit libel or be detected? AI models can generate false information, raising libel concerns. Detection tools for AI-generated text are inconsistent. Are ChatGPT chats public? No, but a past bug briefly exposed conversation titles. Users can save chats in the interface. Are there alternatives? Yes, competitors include Google’s Gemini, Anthropic’s Claude, and various open-source alternatives. How does ChatGPT handle data privacy? OpenAI offers objection and deletion requests for personal data processing, balancing privacy with freedom of expression. Conclusion From its humble beginnings to its current status as a ubiquitous tool, ChatGPT has rapidly transformed the digital landscape. OpenAI ‘s commitment to continuous innovation, evident in its advanced AI models and ambitious product roadmap, ensures that the AI chatbot will remain a central figure in the ongoing Generative AI revolution. While challenges related to ethics, privacy, and competition persist, ChatGPT’s unparalleled ability to automate, create, and inform makes it an indispensable force shaping the future of technology and human-computer interaction. To learn more about the latest AI market trends, explore our article on key developments shaping AI models’ features and institutional adoption. This post ChatGPT: Unleash the Revolutionary Power of OpenAI’s AI Chatbot first appeared on BitcoinWorld and is written by Editorial Team

18 Jul 2025, 15:40

Crypto 401k: Unlocking New Opportunities for Retirement Investing with SEC Guidance

BitcoinWorld Crypto 401k: Unlocking New Opportunities for Retirement Investing with SEC Guidance Imagine a future where your retirement savings aren’t just tied to traditional stocks and bonds, but also tap into the exciting potential of digital assets. For years, the idea of including cryptocurrencies in 401(k) plans seemed like a distant dream, fraught with regulatory hurdles and market volatility. However, a significant shift is underway, signaling a new era for retirement planning. Recently, U.S. SEC Chair Paul Atkins, a figure whose insights often shape the trajectory of financial markets, expressed a surprising openness to the inclusion of cryptocurrencies in 401(k) plans. His stance, emphasizing the critical need for clear disclosure and robust risk awareness, marks a pivotal moment. This isn’t just a fleeting comment; it aligns with broader policy shifts anticipated under a potential President Trump administration and echoes recent actions by financial giants like Fidelity, who have already begun exploring expanded crypto access for retirement accounts. The Labor Department’s evolving perspective also plays a role, indicating a growing acceptance of digital assets within the established financial framework. This evolving landscape begs the question: are we on the cusp of a major transformation in how Americans save for retirement? Why is Crypto 401k Gaining Traction Now? The journey of cryptocurrencies from niche digital curiosities to potentially mainstream investment vehicles has been remarkable. For a long time, regulatory bodies, including the SEC, maintained a cautious, if not skeptical, stance on integrating highly volatile assets like Bitcoin and Ethereum into retirement portfolios. Their primary concern has always been investor protection, especially for those saving for their golden years. However, several factors are contributing to this shift: Maturing Market: The crypto market, while still volatile, has grown significantly in size, liquidity, and institutional participation. More robust infrastructure, regulated exchanges, and custody solutions are emerging, making it less of a Wild West and more of a developing frontier. Investor Demand: A growing number of individuals, particularly younger generations, are keen to include digital assets in their long-term investment strategies. They see cryptocurrencies not just as speculative plays but as legitimate asset classes with unique value propositions. Political Landscape: The political environment, particularly with the prospect of a new administration, often brings changes in regulatory philosophy. Paul Atkins’ comments reflect a potential shift towards a more innovation-friendly approach, balancing consumer protection with market access. Industry Innovation: Firms like Fidelity have been proactive, launching initiatives to allow limited crypto exposure in 401(k)s, albeit with significant safeguards. These moves demonstrate that practical solutions for integrating digital assets into traditional retirement vehicles are being developed. This confluence of factors suggests that the discussion around crypto 401k is no longer theoretical but rapidly moving towards practical implementation, albeit with necessary guardrails. What Are the Potential Benefits of Retirement Investing Crypto ? For many, the allure of adding cryptocurrencies to a retirement portfolio lies in the potential for enhanced returns and portfolio diversification. While past performance is no guarantee of future results, the historical growth of leading cryptocurrencies has been exponential, far outpacing traditional asset classes over certain periods. This upside potential is a significant draw for long-term investors. Let’s explore some key benefits: Portfolio Diversification: Cryptocurrencies, particularly Bitcoin, have historically shown a low correlation with traditional assets like stocks and bonds. This means that when traditional markets face downturns, crypto assets might behave differently, potentially reducing overall portfolio risk and volatility. Think of it as adding a new flavor to your investment mix. Inflation Hedge Potential: In an era of increasing inflation concerns, some argue that cryptocurrencies, especially those with fixed supplies like Bitcoin, could act as a hedge against the devaluation of fiat currencies. While this theory is still debated, it’s a compelling argument for those seeking to preserve purchasing power over decades. Exposure to a Growing Sector: The digital asset economy is not just about Bitcoin; it encompasses a vast ecosystem of blockchain technology, decentralized finance (DeFi), NFTs, and Web3 innovations. Investing in cryptocurrencies offers a direct stake in this rapidly expanding technological frontier, which could redefine various industries in the coming decades. Accessibility and Democratization: For individual investors, integrating crypto into 401(k)s provides a structured, tax-advantaged way to gain exposure to digital assets, previously more accessible to institutional or high-net-worth investors. This democratizes access to a potentially high-growth asset class. The prospect of including retirement investing crypto could fundamentally alter the risk-reward profile of long-term savings, offering a new avenue for wealth accumulation, provided the risks are thoroughly understood and managed. Navigating the Volatility: Key Risks in Digital Assets 401k While the potential benefits are exciting, it’s crucial to approach digital assets 401k with a clear understanding of the inherent risks. Cryptocurrencies are known for their extreme price volatility, which can lead to significant swings in portfolio value. This characteristic makes them fundamentally different from the relatively stable assets typically found in retirement accounts. Here are the primary challenges and risks: Risk Factor Description Implication for 401(k)s Extreme Volatility Cryptocurrency prices can fluctuate dramatically within short periods, sometimes by 20% or more in a single day. Significant erosion of retirement savings if a downturn occurs close to retirement age. Requires a high risk tolerance. Regulatory Uncertainty Despite positive signals, the regulatory landscape for crypto is still evolving and lacks comprehensive clarity. Sudden regulatory changes could negatively impact asset values or access to funds. Custody & Security Safely storing digital assets requires specialized knowledge and robust security measures to prevent hacks or loss. Providers must ensure institutional-grade security. Loss of keys or hack could mean irreversible loss of funds. Lack of Understanding Many investors lack fundamental knowledge about blockchain technology, crypto economics, and specific digital assets. Increases the risk of making uninformed investment decisions based on hype rather than fundamentals. Fraud & Scams The crypto space is unfortunately rife with scams, Ponzi schemes, and fraudulent projects. Investors need to be highly vigilant and rely on reputable, regulated platforms. These risks underscore why the SEC and other regulatory bodies have historically been cautious. Any integration of digital assets 401k must be accompanied by stringent safeguards and comprehensive risk management strategies. Why is Crypto Investor Education Paramount? The central theme of SEC Chair Paul Atkins’ statement was not just openness, but a strong emphasis on “clear disclosure and risk awareness.” This highlights that while the door to crypto in 401(k)s might be opening, it’s not an invitation for unbridled speculation. Instead, it’s a call for informed decision-making, making crypto investor education absolutely paramount. What does comprehensive investor education entail? Understanding the Fundamentals: Investors need to grasp what blockchain technology is, how different cryptocurrencies function, and the underlying economics that drive their value (or lack thereof). This includes understanding concepts like market capitalization, circulating supply, consensus mechanisms, and use cases. Risk Profiling: Each individual has a unique risk tolerance. Education should help investors assess how much volatility they can truly withstand, especially when it comes to long-term retirement savings. It’s about understanding that a 50% drawdown in a traditional stock might be rare, but in crypto, it’s a common occurrence. Diversification Strategies: Even within a crypto allocation, diversification is key. Education should guide investors on how to spread their risk across different assets, rather than putting all their eggs in one highly volatile basket. It should also emphasize that crypto should only be a small percentage of a total retirement portfolio. Identifying Scams and Red Flags: The crypto market is a target for malicious actors. Effective education empowers investors to recognize common scam tactics, identify unregulated platforms, and avoid falling victim to fraudulent schemes. Tax Implications: Investing in cryptocurrencies, especially within a tax-advantaged account like a 401(k), has specific tax implications. Understanding these is crucial for long-term financial planning. Providers offering crypto options in 401(k)s will bear a significant responsibility to provide accessible, unbiased, and thorough educational materials. Without robust crypto investor education , the potential benefits could easily be overshadowed by significant financial losses for unprepared individuals. How Has SEC Crypto Regulation Evolved on Retirement Accounts? The journey of SEC crypto regulation concerning retirement accounts has been marked by caution, evolving alongside the digital asset market itself. For years, the Department of Labor (DOL), which oversees employer-sponsored retirement plans, issued strong warnings against including cryptocurrencies in 401(k)s. In 2022, the DOL even released guidance expressing “serious concerns” about the prudence of fiduciaries allowing such investments, citing volatility, speculative nature, and valuation challenges. This historical stance created a significant barrier. Employers, as plan fiduciaries, faced potential legal liabilities if they offered crypto options that were later deemed imprudent. This conservative approach reflected the prevailing regulatory sentiment that digital assets were too risky for the average retirement saver. However, the landscape began to shift: Fidelity’s Bold Move: Despite the DOL’s warnings, Fidelity, one of the largest 401(k) plan administrators, announced in 2022 its intention to allow Bitcoin investments in its 401(k) plans, starting with MicroStrategy. This signaled a willingness from a major player to navigate the regulatory ambiguities. Evolving DOL Stance: While still cautious, there have been signs of a slightly more nuanced approach from the DOL, acknowledging the growing interest and the need for clear guidelines rather than outright bans. Congressional Interest: Lawmakers have also become increasingly interested in the topic, with some advocating for clearer regulatory frameworks that could pave the way for broader crypto adoption in retirement accounts. Paul Atkins’ Statement: SEC Chair Paul Atkins’ recent remarks are perhaps the strongest signal yet from a high-ranking financial regulator that the tide is turning. As a former SEC Commissioner and a figure often associated with a more market-friendly approach, his comments carry significant weight. They suggest that the SEC, under a potentially new administration, might adopt a more permissive stance, focusing on disclosure and education rather than outright prohibition. This evolution in SEC crypto regulation indicates a gradual, albeit careful, move towards integrating digital assets into mainstream finance. It’s a recognition of both the persistent demand from investors and the maturing infrastructure of the crypto market. Actionable Insights for Investors and Employers With the possibility of crypto in 401(k)s becoming more tangible, what should investors and employers consider? For Investors: Educate Yourself Thoroughly: Before considering any allocation to digital assets, dedicate time to understanding the technology, market dynamics, and specific risks. Don’t rely on hype or social media trends. Assess Your Risk Tolerance: Be brutally honest about how much volatility you can stomach. Retirement savings are long-term, but significant drawdowns can still be emotionally taxing. Start Small: If your 401(k) offers crypto, consider allocating only a very small percentage of your portfolio – perhaps 1-5%. This allows you to gain exposure without risking a substantial portion of your retirement nest egg. Understand the Fees: Crypto investments, especially through third-party platforms, can come with higher fees than traditional investments. Scrutinize these costs carefully. Monitor Regulatory Changes: The regulatory environment is dynamic. Stay informed about new guidance from the SEC, DOL, and other relevant bodies. For Employers: Due Diligence is Key: If considering offering crypto options, conduct extensive due diligence on potential providers. Ensure they have robust security, clear disclosures, and comprehensive educational resources. Consult Legal Counsel: Seek expert legal advice regarding fiduciary responsibilities and potential liabilities associated with offering digital assets in your 401(k) plan. Prioritize Education: Work with your plan administrator to provide accessible and unbiased educational materials to employees, emphasizing the risks alongside the potential benefits. Start Conservatively: Consider limiting the percentage of an employee’s portfolio that can be allocated to crypto to mitigate overall plan risk. The successful integration of crypto into 401(k)s will depend heavily on a cautious, informed approach from both sides. The Future Outlook: A New Era for Retirement Savings? The signal from SEC Chair Paul Atkins, coupled with industry movements and a potentially shifting political landscape, paints a picture of a future where digital assets play a more integrated role in American retirement planning. This isn’t just about adding another asset class; it’s about acknowledging the evolution of finance and technology. If more 401(k) providers follow Fidelity’s lead, and regulatory bodies adopt a more supportive, yet cautious, framework, we could see a significant influx of capital into the digital asset space from long-term investors. This could further legitimize cryptocurrencies as a viable asset class, potentially fostering greater stability and maturity in the market. However, the journey won’t be without its bumps. Challenges related to custody, valuation, regulatory clarity across different jurisdictions, and continued market volatility will persist. The emphasis on investor education will remain paramount, ensuring that individuals entering this new frontier do so with open eyes and a clear understanding of the opportunities and pitfalls. Ultimately, the move towards including crypto in 401(k)s represents a bold step into the future of finance, offering individuals more choice and potential for growth, while simultaneously demanding a higher level of financial literacy and responsibility. It’s a testament to the enduring innovation of the digital asset space and its increasing influence on traditional financial systems. Summary: The prospect of including cryptocurrencies in 401(k) plans, championed by SEC Chair Paul Atkins’ recent openness, marks a significant turning point for retirement investing. This shift, influenced by evolving regulatory perspectives and industry pioneers like Fidelity, promises new opportunities for diversification and potential growth. However, it equally underscores the critical importance of robust investor education to navigate the inherent volatility and risks of digital assets. While the path ahead requires careful consideration from both investors and employers, this development signifies a move towards a more inclusive and forward-thinking approach to long-term wealth building, blending traditional finance with the innovative world of crypto. Frequently Asked Questions (FAQs) Q1: What does SEC Chair Paul Atkins’ statement mean for my 401(k)? A1: Paul Atkins’ statement signals a more open regulatory stance towards including cryptocurrencies in 401(k) plans. While it doesn’t mean immediate widespread availability, it indicates that the SEC might be more amenable to approving such offerings, provided they come with clear disclosures and robust investor education. Q2: Are cryptocurrencies currently available in all 401(k) plans? A2: No, cryptocurrencies are not widely available in all 401(k) plans. While some providers like Fidelity have begun offering limited access to Bitcoin in certain employer-sponsored plans, it is still a rare option. The Department of Labor has historically expressed concerns, making many employers hesitant. Q3: What are the main risks of investing in crypto through a 401(k)? A3: The main risks include extreme price volatility, regulatory uncertainty that could impact asset values, security concerns related to custody, and the potential for significant losses due to lack of investor understanding or fraudulent schemes. It’s crucial to be aware of these before investing. Q4: How much of my 401(k) should I allocate to cryptocurrencies? A4: Financial advisors generally recommend a very small allocation, if any, for highly volatile assets like cryptocurrencies within a retirement portfolio, typically ranging from 1% to 5%. This small percentage allows for exposure to potential upside while minimizing overall portfolio risk. Q5: What is the role of investor education in this new development? A5: Investor education is paramount. It ensures that individuals understand the fundamental technology, market dynamics, and inherent risks of cryptocurrencies. It helps investors make informed decisions, manage expectations, and avoid pitfalls, which is crucial for protecting long-term retirement savings. Q6: Will a change in U.S. administration impact the availability of crypto in 401(k)s? A6: Yes, a change in administration could significantly impact regulatory approaches. Paul Atkins’ comments, aligning with potential policy shifts under a new administration, suggest a more favorable environment for digital asset integration into traditional financial products like 401(k)s, potentially leading to more widespread availability. If you found this article insightful, please consider sharing it with your friends, family, and colleagues on social media! Help us spread awareness about the evolving landscape of retirement investing and the role of digital assets. To learn more about the latest crypto market trends, explore our article on key developments shaping digital assets institutional adoption . This post Crypto 401k: Unlocking New Opportunities for Retirement Investing with SEC Guidance first appeared on BitcoinWorld and is written by Editorial Team

18 Jul 2025, 14:42

Quantum computing threatens to break Bitcoin’s elliptic curve cryptography

A July 15 report by global consulting firm Capgemini warns that public-key cryptographic systems, including RSA and elliptic curve cryptography (ECC), may be rendered obsolete by quantum machines in the near future. These are the algorithms that Bitcoin and other blockchains use to secure wallet addresses and authenticate transactions. Capgemini’s analysis does not specifically mention Bitcoin, but it talks about how ECC, the technology behind the blockchain’s private key, is vulnerable to quantum computing. ECC, like RSA, is susceptible to Shor’s algorithm because it is capable of solving the discrete logarithm problem, the mathematical principle that hides visibility of blockchain keys. ‘Post-quantum safety is a priority,’ says Capgemini The Capgemini report is based on a survey of 1,000 large organizations across 13 countries. It found that 70% of enterprises are either preparing for or already deploying post-quantum cryptography (PQC) solutions, a new generation of encryption meant to protect them from quantum attacks. The survey found that only 15% of companies were “quantum-safe,” and just 2% of global cybersecurity budgets are allocated towards quantum risk solutions. The report also spoke about the principle of “harvest now, decrypt later,” in which attackers stockpile encrypted data with the hope of unlocking it once quantum computing becomes powerful enough to break today’s cryptographic methods. Blockchain networks that expose public keys, including Bitcoin, could become exposed if bad actors decide to use this kind of breach. Over 25% of Bitcoins at risk More than a quarter of all Bitcoin in circulation has at some point revealed its public key on-chain. This places a target on their current holders in the event cryptographically relevant quantum computer (CRQC) becomes operational. That includes nearly 4 million BTC, among them the estimated 1 million coins linked to Bitcoin’s pseudonymous creator, Satoshi Nakamoto. A July 15 draft Bitcoin Improvement Proposal (BIP), co-authored by Bitcoin developer Jameson Lopp, proposed a phased mitigation plan to counter a possible pipeline to hackers. The plan was revealed at the invitation-only Quantum Bitcoin Summit of cybersecurity sleuths and blockchain developers, held in San Francisco last Monday. “ Never before has Bitcoin faced an existential threat to its cryptographic primitives ,” Lopp and his co-authors wrote in their BIP draft. “ A successful quantum attack on Bitcoin would result in significant economic disruption and damage across the entire ecosystem .” Lopp and five fellow developers listed three steps to safeguard the network. In the first phase, Bitcoin users would be prohibited from sending funds to quantum-vulnerable addresses. They would be directed to use a “quantum safe” new address format called P2QRH. Two years after the initial phase, the second step would freeze any coins still held in insecure addresses. The third and final phase, still under discussion, could allow users to recover frozen funds by using their BIP-39 seed phrases. “ This proposal is radically different from any in Bitcoin’s history, just as the threat posed by quantum computing is radically different from any other threat in Bitcoin’s history ,” the authors wrote. A past study by UK-based accounting services firm Deloitte investigated the aftermath of a quantum-based attack on the Bitcoin network. The company found that it could lead to mass liquidation of compromised coins. The result would likely be a collapse in price and market confidence, where hodlers will move for exit positions en masse, and in Lopp’s words, a “liquidation event” will ensue. “ People don’t believe it will happen until it happens, ” Julio Padilha, Chief Information Security Officer of Volkswagen and Audi South America noted in Capgemini’s report. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

18 Jul 2025, 14:25

Bybit partners with Manteca to scale its offering in Argentina and Brazil

BitcoinWorld Bybit partners with Manteca to scale its offering in Argentina and Brazil Dubai, UAE, July 18th, 2025, Chainwire With the regional startup’s technology, the crypto giant doubles down on Latin America and launches QR and PIX payments through Bybit Pay Bybit , the world’s second-largest cryptocurrency exchange by trading volume, and Manteca , a leading financial infrastructure platform for Latin America, announced the launch of a new instant payments service in Argentina and Brazil . The solution will allow Bybit users to make payments via interoperable QR codes in Argentina, enabled by the Central Bank of Argentina’s Transferencias 3.0 system, and through PIX in Brazil , using technology provided by Manteca. Thanks to this integration, Bybit Pay users will be able to pay at any store that accepts QR in Argentina or PIX in Brazil, seamlessly using their crypto balance. The conversion to local currency is automatic and happens in real time, enabling fast payments without intermediaries or manual withdrawals. Additionally, Argentina becomes the second market in the world, following the success in Brazil, to offer Bybit’s full product suite, including both its card and integrated local payments. Patricio Mesri, Country Manager for Spanish-speaking Latin America at Bybit, said: “This launch is a direct response to our users’ need to use crypto practically in their daily lives. Thanks to this integration with Manteca’s infrastructure, we can now offer a much more complete experience: not just investing or saving in crypto, but also paying in real life quickly, simply and securely. It’s a key step in building crypto services that are useful, accessible, and tailored to the local market.” Federico Goldberg, CEO of Manteca, added: “The fact that a company like Bybit chose us for this integration is clear proof that we can build world-class technology in the region. At Manteca, we’re building the infrastructure that simplifies crypto payments, and what we’re doing with Bybit shows how we can bring that technology to real-world scale, directly impacting thousands of users.” The new service is now available to all Bybit users in Argentina and Brazil and marks a new step toward real integration between the crypto ecosystem and traditional payment systems in the region. #Bybit / #TheCryptoArk / #LATAM About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: [email protected] For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YouTube Contact Head of PR Tony Au Bybit [email protected] This post Bybit partners with Manteca to scale its offering in Argentina and Brazil first appeared on BitcoinWorld and is written by chainwire