Sandia and Quantinuum Disclose Metrics of the 98-Qubit Helios
On June 17, one of the sixteen U.S. Department of Energy national laboratories, Sandia National Laboratories, and quantum-computer developer Quantinuum published a peer-reviewed paper on the 98-qubit Helios quantum computer. The system's average single-qubit and two-qubit operation fidelity was 99.9975% and 99.921%. The researchers also…
A Midjourney Scanner Enables a Full-Body Examination in a Minute
Midjourney Medical is developing an ultrasound CT for 60-second full-body scans, aiming to reach 1 billion scans per month by 2031.
A Former Ethereum Foundation Employee Warns of a Risk of an Ecosystem Funding Crisis
Former Ethereum Foundation (EF) employee Trent Van Epps stated that the Ethereum ecosystem is approaching a potential funding crisis that could jeopardize the protocol's further development. Van Epps worked at the Ethereum Foundation from May 2021 to April 2026. During that time he coordinated protocol development, handled…
Celsius Founder Banned for Life From Trading on CFTC Markets
The Southern District of New York court approved a settlement between the U.S. Commodity Futures Trading Commission (CFTC) and Celsius Network founder Alex Mashinsky. He was banned for life from trading on markets supervised by the CFTC and from registering with the regulator. The Commission filed a lawsuit against Celsius and Mashinsky in 2023. In the CFTC's view, they misled clients about…
Media: Kalshi Has Begun Preparing for an IPO
Event-contract trading platform Kalshi has held talks with several investment banks about conducting an IPO. This is reported by The Information, citing its sources. The publication stressed that the talks are preliminary and informal in nature. Also, according to sources, the discussions touch on a potential…
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