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Bitcoin developers float ‘quantum tripwire’ that only triggers coin freeze if attack is proven

Bitcoin developers are debating a radical change to how the network would respond to a future quantum computing threat: Don’t freeze vulnerable coins unless someone proves the threat is real. But there’s a catch: The proposal assumes that the attacker will reveal the ability for a bounty instead of maximizing profit through theft. A proposal […]

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JPMorgan says CLARITY is close to trading as stablecoin battle enters final phase

Momentum is building in Washington for the long-awaited CLARITY Act, with JPMorgan ( JPM ) pointing to signs that negotiations may be nearing a breakthrough. JPMorgan said discussions among lawmakers and regulators suggest the legislation is close to being done, with only a small number of issues still unresolved in a Wednesday report. A senior

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Circle CEO says China may launch yuan stablecoin within 3 to 5 years as currency race heats up

Circle CEO Jeremy Allaire told Reuters in Hong Kong that there is a “tremendous opportunity” for a yuan-backed stablecoin, predicting that China could roll one out within three to five years as digital currencies become more integrated into global trade and finance. The framing marks a shift from speculative ideation to something closer to policy

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Wall Street tech comes to crypto as DoubleZero rolls out high-speed data to blockchain

The DoubleZero Foundation, a project building high-speed data infrastructure for blockchains like Solana, has rolled out a new platform to speed up how trading firms access crypto market data — a sign of growing demand for Wall Street-style systems in digital asset markets. The project, called DoubleZero Edge, went live on Thursday. Its first offering

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Drift Gets $148M Rescue Fund and Tether Will Replace Circle’s USDC for Settlement After Massive Leverage

Drift Protocol, victim of a recent North Korean exploit, plans to relaunch with Tethers USDT as its settlement layer after securing a proposed funding package of up to $147.5 million from the stablecoin issuer and partners, the companies said on Thursday. The deal includes up to $127.5 million from Tether and $20 million from the

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Cardano’s Hoskinson Says Bitcoin’s Quantum Fix Can’t Save Satoshi Nakamoto’s BTC

Bitcoin’s core developers proposed freezing 8 million coins earlier this week to defend against quantum attackers. But Cardano founder Charles Hoskinson believes it still cannot store coins belonging to the network’s pseudonymous creator Satoshi Nakamoto, according to a video posted on his YouTube channel late Wednesday. Hoskinson said Bitcoin’s proposed defenses against quantum computers are

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US CFTC’s Selig says AI has helped offset staff cuts at key crypto watchdog

The U.S. Commodity Futures Trading Commission is leaning toward artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has shrunk significantly under President Donald Trump’s administration. About a quarter of the CFTC’s staff has gone since 2025 under Trump’s call

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The FCA publishes final rules for cryptoassets that include several technical pitfalls to be aware of

The UK’s Financial Conduct Authority (FCA) is proposing crypto rules that could quietly expand the definition of custodian, potentially sweeping in platforms and software providers that don’t consider themselves custodians. The FCA published its Cryptoasset Perimeter Guidance on Wednesday, which includes a few technical pitfalls for firms handling clients’ cryptoassets. The rules draw a red

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