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BTC surges around 1% higher on hopes of an end to the Iran conflict

Bitcoin BTC$68,169.65 rose along with US stocks after Iran’s President Masoud Pezeshkian reportedly said the country would be prepared to end the conflict if it received security guarantees. The crypto-asset traded at $67,762, up nearly 2% over the past 24 hours. Nasdad roughly doubled its gains on the news, now higher by 3.1%. WTI crude, […]

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Charles Hoskinson says the US crypto bill could take 15 years and favor the incumbents

Cardano and Midnight founder Charles Hoskinson said proposed US crypto legislation could take more than a decade to implement, fail to survive political changes and structurally favor new players while benefiting established cryptocurrencies. The Digital Asset Market CLARITY Act is still being negotiated in Congress, with lawmakers circulating updated text and trying to close the

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Europe risks ‘digital dollarisation’ as banks race to launch euro stablecoin

Europe risks losing control of its economic future to the US dollar unless it brings the euro onto the blockchain rails, according to Jan-Oliver Sell, CEO of bank-backed stablecoin project Qivalis. The warning reflects growing concern among European banks and policymakers that the next phase of global finance, increasingly built on blockchain infrastructure, is overwhelmingly

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Mercado Libre shuts down Mercado Coin, ending its loyalty-driven crypto experiment

E-commerce giant Mercado Libre ( MELI ) is pulling the plug on its homegrown cryptocurrency, Mercado Coin, nearly four years after introducing it to boost customer engagement across its platform. The e-commerce giant announced the decision through a statement and email from Mercado Pago, its digital wallet, which will handle the phase-out. As of April

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Chainalysis adds ‘natural language’ AI agents to its blockchain research platform

Leading blockchain analytics firm Chainalysis is adding artificial intelligence agents to its platform, lowering the technical know-how needed to launch mainstream investigations into crypto-economic matters. “This is a really important moment to reduce the barrier to access to blockchain intelligence,” Chainalysis co-founder and CEO Jonathan Levin told CoinDesk in an interview. Not only law enforcement

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Coinbase’s Base Reveals Strategy to Focus on Tokenized Markets, Stablecoins and Developers

Base, the layer-2 network of Coinbase (COIN), is redoubling its push to build what it calls a “global onchain economy,” outlining a 2026 strategy centered on markets, payments and developers. Base is one of the most widespread layer-2 networks in the Ethereum ecosystem, having opened for public use in August 2023. It was originally built

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Google warns that five quantum attack paths could put $100 billion in Ethereum at risk

Most of the online reaction to Google Quantum AI’s paper, released late Monday, focused on bitcoin. The nine-minute attack, a 41% theft probability and the 6.9 million in possibly exposed BTC. Ethereum’s section received less attention. It deserves more. The white paper, co-authored with Ethereum Foundation researcher Justin Drake and Stanford’s Dan Boneh, outlined five

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FX startup OpenFX raises $94 million to expand stablecoin-powered cross-border payments

OpenFX, a fintech startup aiming to modernize foreign exchange markets, raised $94 million in fresh funding as it looks to expand the use of stablecoins in global payments. The round was led by Accel, Lightspeed Faction, M13, Northzone and Pantera, and values ​​the company at around $500 million, Reuters reported, citing sources familiar with the

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Quantum computers could break cryptocurrency encryption with just 10,000 qubits, researchers say

The quantum computing power required to break the encryption that secures blockchains continues to decline, at least in theory, raising the question of whether the industry can affordably migrate to quantum-resistant platforms before they become vulnerable. A new paper from Caltech and quantum startup Oratomic suggests that a system with about 26,000 qubits can break

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