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While most mainstream attention has gone to quantum computing as a danger to Bitcoin’s existence, Duke Professor Harvey Campbell highlights that a 51% attack is a far more concerning event. Campbell estimates that a one-week attack could be completed for $6 billion, nearly 0.26% of bitcoin’s market capitalization. Duke Investigator: Quantum Risks Overestimated, 51% Attack … Read more
Anchorage Digital Bank, the first federally chartered crypto bank in the United States, has expanded its services to include global USD wire transfers, positioning itself as the first crypto-native institution to unify both cash and digital asset services under one regulated platform. Anchorage Digital Bridges Fiat and Crypto On Thursday, Anchorage Digital said the new … Read more
The Ethereum Foundation has deposited 2,400 ETH and $6 million in stablecoins into Morpho’s yield-bearing vaults, reinforcing its long-term support for open-source, permissionless DeFi infrastructure. Morpho Investment Strengthens DeFi Ties for Ethereum Foundation The Ethereum Foundation (EF) has made a significant onchain move, depositing 2,400 ETH and approximately $6 million in stablecoins into Morpho’s yield-bearing … Read more
A new entry on the U.S. government’s forfeiture.gov website shows that officials bagged the headline-grabbing 127,271 BTC on July 23, 2024, from the Lubian wallets. Analyst Emmett Gallic was the first to break the news. U.S. Quietly Bagged 127,000 BTC Stash in 2024 Everyone’s buzzing about the U.S. government’s massive bitcoin haul — 127,271 BTC … Read more
Tether has donated $250,000 to Opensats, a non-profit that funds open-source Bitcoin and freedom technology projects. The contribution supports Opensats’ mission to empower developers, researchers, and educators building on Bitcoin. $250K Donation by Tether to Support Open-Source Development on Bitcoin Tether has announced a $250,000 donation to Opensats, a non-profit organization that funds open-source Bitcoin … Read more
In a new prison interview with the conservative X account @amuse, Sam Bankman-Fried argues FTX “was never insolvent,” contending assets exceeded liabilities at filing and that bankruptcy professionals destroyed value instead of preserving it. SBF Faults Lawyers, Regulators in New Interview—Skeptics Cite User Funds and Risk In the interview—titled “FTX Was Never Insolvent: My Prison … Read more
Ripple, the digital asset infrastructure firm, announced the $1 billion acquisition of GTreasury, a global leader in treasury management systems, signaling a bold move into the corporate treasury sector. Ripple Snaps Up GTreasury to Bridge Blockchain and Corporate Finance According to Ripple’s Oct. 16 announcement, the acquisition gives the company access to the multi-trillion-dollar corporate … Read more
Kraken has acquired Small Exchange, a Commodity Futures Trading Commission (CFTC)-regulated Designated Contract Market, for $100 million, marking a major step in its plan to expand crypto derivatives offerings in the U.S. Small Exchange Deal Expands Kraken U.S. Derivatives Reach Kraken has taken another decisive step in its U.S. expansion by acquiring Small Exchange, a … Read more
American investor and former pharmaceutical executive Martin Shkreli told host Isabel Foxen Duke that if quantum computing ever scales, Shor’s algorithm—not artificial intelligence (AI)—poses the most credible path to cracking the elliptic curve cryptography behind bitcoin wallets, though today’s hardware is far from capable. Satoshi’s Keys and Quantum Dreams: Shkreli on Timelines and Tactics During … Read more
OKX has expanded its partnership with Standard Chartered into the European Economic Area (EEA), offering institutional clients its collateral mirroring program. The move strengthens regulatory trust and cements OKX’s long-term commitment to Europe’s growing digital asset market. Standard Chartered and OKX Extend Collateral Mirroring to EEA OKX announced the expansion of its partnership with Standard … Read more