Quantum Computing Might Threaten Bitcoin, But It's a Boost for Newly Launched Quip Network

Metaplanet CEO Simon Gerovich is involved in advancing a Bitcoin treasury strategy campaign in Asia through acquiring South Korean public firm SGA Co. The acquisition, approved by Korean regulators, will make Asia Strategy Partners LLC the largest shareholder of SGA Co, aiming to secure funds for business goals.

El Salvador's Bitcoin holdings have surged to over $762 million, with the digital asset surpassing $122,000, proving President Nayib Bukele's strategy successful despite initial skepticism and criticism. The country's Bitcoin reserves have nearly tripled in value, showcasing the potential for long-term gains.

SharpLink Gaming acquired 16,374 ETH worth $48.85 million, adding to their previous purchase of 21,487 ETH for $63.7 million. The company's shares surged 71% in a week, reaching $23.20 on Sunday, while Ethereum traded at $3,052.

Bitcoin surged to a record $121,800 due to a convergence of macroeconomic and fiscal policies, including Trump's tariffs and the U.S.'s fiscal strength. This has led to contained inflation and robust growth, with expectations of U.S. interest rate cuts fueling a risk-on sentiment.

Max Resnick from Anza revealed that sandwich attacks on Solana have significantly decreased due to improvements in the network's code. The reduction in sandwiching is attributed to the enhanced transaction targeting, limiting opportunities for malicious actors to manipulate transactions.

Upexi is strengthening its Solana treasury by raising $200 million through an equity offering and the sale of convertible notes. The firm aims to use the funds to purchase more SOL, with the convertible notes collateralized by locked, spot SOL from purchasers.

CoreWeave and Core Scientific are merging in a $9 billion all-stock deal, with Core Scientific trading as CORZ and CoreWeave as CRWV on Nasdaq. Despite initial investor enthusiasm, CORZ shares dropped to $12.51, and CRWV shares fell to $125.84 after the announcement.

An attacker exploited a flaw in GMX's codebase, stealing over $40 million in crypto, but later returned $40.5 million, including 10,000 Ethereum. GMX offered a 10% white-hat bounty for the return, with its token price seeing a 16% jump.

Grayscale has contested the SEC's decision to delay its Bitcoin, Ethereum, Solana, XRP, and Cardano ETF debut, citing harm to investors. The SEC paused the fund's launch for further review, despite initial approval on July 1.

XRP has gained nearly 27% in the past week, outpacing Bitcoin amid its recent push to new all-time highs. Open interest on XRP hit a nearly six-month high Friday, coming close to the record mark set in January.