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Digital assets, cryptocurrencies, blockchain, and currency news.

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Coinbase, Holding 5% of All Bitcoin, Urges Immediate Action on Quantum Threat
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Coinbase, Holding 5% of All Bitcoin, Urges Immediate Action on Quantum Threat

Key Highlights Current Bitcoin cryptographic standards, specifically ECDSA and Schnorr, face future vulnerabilities from cryptographically relevant quantum computers (CRQCs). Google researchers indicate that quantum computers capable of reverse-engineering private keys from public keys could materialize as early as 2029. Cryptocurrency exchange Coinbase emphasizes that adopting post-quantum (PQ) cryptography requires resolving complex constraints, including block space ...

Ripple Adds Stripe-Owned Wallets to XRP Ledger as AI Payments Top 14 Million
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Ripple Adds Stripe-Owned Wallets to XRP Ledger as AI Payments Top 14 Million

Key Highlights: Autonomous artificial intelligence agents have completed over 14.3 million transactions across 169 registered merchants on the XRP Ledger. RippleX Head of Engineering J. Ayo Akinyele reported that over 13 million agent payments moved through the x402 protocol, accounting for roughly 25% of all network activity. Despite the massive volume of operations, cumulative financial ...

Coinbase, Holder of 5% of All Bitcoin, Urges Immediate Action on Quantum Threat
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Coinbase, Holder of 5% of All Bitcoin, Urges Immediate Action on Quantum Threat

Key Highlights: Bitcoin relies on ECDSA and Schnorr signature schemes, which are secure against classical hardware but vulnerable to future quantum computing decryption. Google researchers estimate that a cryptographically relevant quantum computer (CRQC) capable of breaking public key cryptography could emerge by 2029. Coinbase warns that implementing post-quantum cryptography requires addressing network data limits, protecting ...

Coinbase Outlines Bitcoin’s Post-Quantum Security Path as It Holds 5% of Supply
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Coinbase Outlines Bitcoin’s Post-Quantum Security Path as It Holds 5% of Supply

Key Highlights: Coinbase recommends a phased approach to post-quantum Bitcoin protection, proposing options like a “1-of-2” hybrid output supporting both classical and quantum-resistant spending paths. Legacy funds, including exposed pay-to-public-key outputs and Satoshi-era balances, present distinct governance hurdles requiring quantum-safe recovery mechanisms to prevent covert exploitation. Institutional custody demands prioritize MPC-friendly signing and constant-time verification ...

Russia’s Sberbank Moves Closer to Launching Crypto Trading After Central Bank Approval
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Russia’s Sberbank Moves Closer to Launching Crypto Trading After Central Bank Approval

Key Highlights The Bank of Russia has expanded its official cryptocurrency exchange register to 10 entities, recently adding state banking giant Sberbank and Ryazan-based Paradise Technology. Firms admitted to the exchange and depository registers operate under transitional provisions of the federal law on digital currencies and digital rights, with a deadline for full compliance set ...

BitGo Launches Stablecoin-as-a-Service Platform to Transform Digital Assets
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BitGo Launches Stablecoin-as-a-Service Platform to Transform Digital Assets

Key Highlights: Digital asset custody firm BitGo is rolling out a new institutional service designed to bolster stablecoin management and regulatory compliance. Broader crypto market participants are displaying cautious optimism toward institutional infrastructure innovations despite varied short-term market momentum. Market analysts and traders are monitoring how BitGo’s offering will affect institutional stablecoin adoption rates and ...

Citrini Identifies Pendle as Key Player in RWA Market with $1.3B TVL
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Citrini Identifies Pendle as Key Player in RWA Market with $1.3B TVL

Key Highlights: Pendle is drawing market attention through a strategic combination of token buybacks and robust total value locked (TVL) metrics amid broader crypto market volatility. The protocol is expanding its presence in the tokenized asset sector by focusing on the creation and management of real-world asset (RWA) backed tokens. Analysts and traders are monitoring ...

Is Cardano Overvalued? Data Says Yes Despite Record Network Activity
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Is Cardano Overvalued? Data Says Yes Despite Record Network Activity

Key Highlights: Cardano broke a five-year-old network record during Epoch 660, settling 1,780,896 transactions with an average of 83.83 transactions per block. Network revenue reached a record high, surpassing $100,000 in a month for the first time to touch $136.6k, according to Chainspect. Despite the operational surge, whale addresses sold 110 million ADA in five ...

Bitwise and SVRN Bet on NEAR as AI Infrastructure Thesis Gains Traction
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Bitwise and SVRN Bet on NEAR as AI Infrastructure Thesis Gains Traction

Key Highlights: Bitwise Chief Investment Officer Matt Hougan selected $NEAR due to its established transaction capabilities, network staying power, and growing focus on artificial intelligence. The Bitwise NRR fund is seeing earlier-than-expected allocations from financial advisers seeking to capitalize on the intersection of cryptocurrency and AI. SVRN aims to acquire 10% of the $NEAR token ...

Wormhole Plunges 34%: Are W Crypto Short Positions Now Overcrowded?
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Wormhole Plunges 34%: Are W Crypto Short Positions Now Overcrowded?

Key Highlights: Wormhole (W) suffered a sharp 34% decline amid aggressive spot market selling, creating a stark divergence between spot sell-offs and perpetual derivatives action. Perpetual metrics show conflicting signals: while the Long/Short Ratio held a modest bullish tilt at 1.05 with over $1.06 billion in 24-hour volume, Open Interest plummeted more than 48% to ...

Solana Sets Oct. 21 for Alpenglow Upgrade Targeting 150-Millisecond Finality
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Solana Sets Oct. 21 for Alpenglow Upgrade Targeting 150-Millisecond Finality

Key Highlights: Solana is scheduled to migrate to the Alpenglow voting mechanism at epoch 1064, expected on October 21 around 15:00 UTC. Validator operational costs will shift from dynamic voting charges of approximately 1 SOL per epoch to a flat admission fee of 0.8 SOL. Reported on-chain transaction metrics could see an apparent drop upon ...

NEAR Drops 12% Following $2.64M Whale Liquidation as Key $4.50 Support Faces Test
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NEAR Drops 12% Following $2.64M Whale Liquidation as Key $4.50 Support Faces Test

Key Highlights Near Protocol ($NEAR) suffered a sharp decline of over 12% following heavy liquidations, including a single whale losing 500,000 tokens worth more than $2.64 million. Bearish momentum accelerated as Spot and Futures taker Cumulative Volume Delta (CVD) flipped negative, accompanied by retail investors selling capital after buying near the $4.50 top. Despite the ...