Author: IA PressRoom

Source: Adobe Stock / James ThewA newly published research paper from a team of researchers from Australian and American universities, in collaboration with quantum technology company BTQ, has proposed a new approach to the proof-of-work (PoW) consensus mechanism based on boson sampling.The proposed proof-of-work system, known as “proof-of-work consensus by quantum sampling,” leverages quantum computing techniques to achieve faster and more energy-efficient validation of consensus.Traditional PoW algorithms used in for example Bitcoin (BTC) are known for their slow processing speeds and high energy consumption, but according to the researchers their proposed alternative will be significantly more energy-efficient when implemented on…

Nevada Republican Gov. Joe Lombardo vetoed a bill Thursday that would have made the western swing state the first in the country to make it a crime to sign certificates falsely stating that a losing candidate has won a certain state.The bill seeking to crack down on so-called fake electors would have established penalties of between four and 10 years in prison. Democratic state Attorney General Aaron Ford endorsed the legislation, while some public defenders opposed it, calling it too harsh.The measure’s fate was uncertain before Thursday, as Lombardo had not previously said whether he would sign it.MISSOURI BILL WOULD…

CME reports 3% increase in ADV in May

SUQIAN, CHINA – MAY 29, 2023 – Financial illustration: Baidu Preferred, Suqian City, Jiangsu … [+] Province, China, May 29, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images)Future Publishing via Getty Images Chinese search engine behemoth Baidu’s stock (NASDAQ NDAQ : BIDU IDU ) has fared better than its peers, rising by about 7% year-to-date, performing slightly better than the broader Chinese indices, although it has meaningfully underperformed the Nasdaq-100, which remains up by about 30% year-to-date. The Chinese economy has fully re-opened following the easing of strict Covid-19 restrictions late last year, and this has had a…

© Reuters. The Swiss National Bank (SNB) building is seen near the Limmat river in Zurich, Switzerland March 23, 2023. REUTERS/Denis Balibouse ZURICH (Reuters) – The Swiss National Bank is ready to tighten its monetary policy to combat inflationary pressure, which it sees spreading to other across the Swiss economy, Vice Chairman Martin Schlegel said on Friday. The SNB also stood ready to intervene in the currency markets as necessary to ensure its price stability goal of inflation between 0% and 2%, he said. “We have increasing signs that inflation is spreading to other goods and services, not linked to…

© Reuters. FILE PHOTO: The logo for DuPont de Nemours, Inc. is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. REUTERS/Andrew Kelly (Reuters) – Chemical makers Chemours Co, DuPont de Nemours (NYSE:) Inc and Corteva (NYSE:) Inc said on Friday they would set up a $1.19 billion fund to settle PFAS-related drinking water claims in the United States. The companies are facing several lawsuits in the U.S. over their alleged role in polluting drinking water with perfluoroalkyl and polyfluoroalkyl substances (PFAS), also known as “forever chemicals”. Chemours…

© Reuters. By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) – Pakistan has passed a special order to allow barter trade with Afghanistan, Iran and Russia for certain goods, including petroleum and gas, the Ministry of Commerce said on Friday. Left with barely enough foreign exchange reserves to cover one month’s imports, Pakistan’s government is desperately trying to manage a balance of payments crisis and bring inflation under control after it hit a record of nearly 38% last month. The government order, called the Business-to-business (B2B) Barter Trade Mechanism 2023 and dated June 1, lists goods that can be…

CNN  —  President Joe Biden tripped on a sandbag and fell as he completed handing out diplomas at the US Air Force Academy commencement in Colorado on Thursday. Biden appeared fine afterward, walking without assistance to his seat in the stands. He was seen smiling and jogging toward his vehicle at the ceremony’s conclusion. The White House said the president was fine after the fall and he later joked about it, yelling “I got sandbagged!” to reporters after stepping off Marine One Thursday evening. The stumble began as Biden was jogging away from center stage, where he earlier delivered a…

Here are some of the biggest movers in premarket trading Friday: Stock gainers: MongoDB Inc. shares MDB, +0.06% roared more than 25% higher in premarket trading Friday after the database-software company blew away expectations with its earnings and forecast delivered after Thursday’s closing bell. Shares of Lululemon Athletica Inc. LULU, -1.08% rallied nearly 15% after the retailer forecast full-year sales and profit above expectations and as strong gains in China’s reopened economy helped boost first-quarter results. Five Below Inc.  FIVE, -1.84% rose nearly 6% after the teen-and-tween-focused discount retailer raised the low end of its full-year revenue and profit forecasts.…

Ron DeSantis snapped at a reporter when asked about his name pronunciation.  “It’s ridiculous,” the GOP 2024 candidate said, and refused to reveal the right pronunciation.  The Trump campaign is accusing DeSantis of flip-flopping over his name.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Ron DeSantis got tetchy with a reporter who asked the Republican presidential candidate how is surname should be pronounced.”It’s ridiculous. These stupid things. Listen, the way to pronounce my last name – winner,” the Florida governor snapped at a…