Upbit will add Sky Protocol and USDS trading pairs in both KRW and USDT markets. SKY is the governance token of the Sky ecosystem, while USDS is a dollar-pegged stablecoin. Upbit is adding two more assets to its lineup, with South Korea’s largest crypto exchange set to list Sky Protocol’s SKY token and the USDS […]
Google Quantum AI Warns Crypto Wallet Encryption May Be Easier to Break Than Expected
Google Quantum AI says 256-bit elliptic curve cryptography could be broken with fewer than 500,000 physical qubits in a matter of minutes. The new estimate cuts prior resource assumptions by roughly 20 times and sharpens pressure on the crypto sector to move toward post-quantum cryptography. Google Quantum AI has put the crypto industry on notice [
European Currencies Decline: Pound Hits New Lows, Euro Under Pressure
European currencies continue to weaken against the US dollar amid rising geopolitical tensions and increased demand for safe-haven and liquid assets. Market participants are reducing exposure to riskier instruments, putting pressure on both the euro and the pound. Additional support for the dollar comes from expectations surrounding upcoming US mac
Binance Wallet Prepares Prediction Markets Rollout Through Third-Party Integration
Binance Wallet is set to introduce prediction markets through third-party integrations rather than an in-house service. Predict, a decentralized protocol on BNB Smart Chain, is currently listed as the primary provider. Binance Wallet is preparing to add prediction markets to its product stack, opening a new lane for users who want to trade on outco
Dems press CFTC, ethics board on prediction-market insider trades
A bipartisan push in Congress is pressing federal regulators to curb insider trading risks tied to prediction markets. In a letter addressed to the Commodity Futures Trading Commission (CFTC) Chair Mike Selig and the Office of Government Ethics (OGE), at least 42 Democratic lawmakers urged executive-branch guidance that would require federal employ
Google: Quantum Attacks Could Crack Crypto With Far Fewer Qubits
Google Quantum AI researchers have published a study suggesting that the cryptography safeguarding Bitcoin and Ethereum could be cracked with far fewer quantum hardware resources than previously believed. The work, released this week, estimates that a practical quantum computer might break the 256-bit elliptic curve cryptography (ECDLP-256) used by
Senators Scrutinize SEC Over Enforcement Chief Exit in Justin Sun Case
Two Democratic senators are pressing the U.S. Securities and Exchange Commission for answers about the agency’s enforcement posture and the events surrounding the resignation of its enforcement chief, Margaret Ryan, in March. A Reuters report cited by the lawmakers alleged she clashed with agency leadership over cases involving individuals tied to
Uranium Finance Hack: Alleged Hacker Faces 30-Year Prison Term, $54M
US authorities have unsealed an indictment against a Maryland man accused of carrying out two separate hacks against Uranium Finance, a now-defunct DeFi platform that lost more than $54 million in April 2021. The case, brought by the U.S. Attorney’s Office for the Southern District of New York, contends that Jonathan Spalletta exploited smart contr
Charles Hoskinson Blasts Ripple For Backing Bill That Could Crush Competition
Cardano founder Charles Hoskinson used a lengthy weekly livestream to level one of his sharpest recent attacks at Ripple, arguing that the company is backing legislation that could entrench incumbents, weaken DeFi protections, and make it harder for new crypto projects to compete. The core of Hoskinson’s complaint was not aimed at XRP holders, but
Alleged $54M Uranium Finance hacker faces 30 years in prison
Prosecutors allege the stolen funds were used to purchase collectibles, including Pokémon cards, antique Roman coins and a piece of fabric from the Wright brothers’ plane.