A group of researchers has more than halved the computational complexity estimate for a key stage of a potential future quantum attack on Bitcoin and Ethereum, compared to Google’s benchmark, CoinDesk reports. Our very own CTO @jieyilong is the lead author on a paper that cuts the estimated quantum cost of the core operation in […]
The Bank for International Settlements (BIS) warned of risks to financial stability associated with the surge in artificial intelligence investments. The organization believes that a correction in the AI market could impact the global economy. BIS General Manager Pablo Hernández de Cos stated on September 10 at the Global Fintech Fest in India that AI […]
Bitcoin needs to break above the $83,000–$86,000 resistance band—where long-term holder (LTH) supply is concentrated and the estimated breakeven for spot ETFs sits—to sustain its advance, according to Glassnode analysts. Bitcoin is still stuck beneath the edge of a thick resistance band. Moving above this level, would indicate a shift in long term market structure. […]
On September 9, Lattice Jolt was released, a new version of a computation verification system designed to withstand quantum attacks. According to developers from a16z crypto, the creation and verification of proofs have accelerated by 2-3 times. Introducing Lattice Jolt ⚡️ A new version of our open-source zkVM (zero-knowledge virtual machine): faster and post-quantum, with […]
On September 9, U.S. authorities announced the seizure of over $52 million in cryptocurrencies linked to the Xinbi Guarantee marketplace and its sellers. Simultaneously, the U.S. Treasury’s Office of Foreign Assets Control added the platform to its sanctions list, designating it as a significant transnational criminal organization. According to the agencies, Xinbi facilitated fraudulent operations […]
Chinese e-commerce giant JD.com plans to acquire 3 million robots, 1 million autonomous vehicles, and 100,000 drones over the next five years to automate its logistics network, according to SCMP. The company also intends to retrain employees to work with robots. Robots to Replace Couriers and Warehouse Workers JD.com’s logistics division announced these plans at […]
The developer of the crypto wallet MetaMask, ConsenSys Software Inc., will split its consumer and institutional divisions into two independently managed companies. The process is expected to be completed by the end of 2026. Today, Consensys Software Inc. (CSI) is becoming two independent companies. CSI will continue as the same company and rebrand as MetaMask, […]
Suno developers have unveiled the sixth version of their music generator. The update was developed in collaboration with major labels: Warner Music Group, BMG, and Believe. The new model is trained exclusively on licensed data. TechCrunch journalists linked this to ongoing copyright lawsuits against Suno. A day before the release of the sixth version, the […]
Researchers at Kudelski Security and Sekoia published a joint study on North Korean cyber operations. The authors identified six clusters of activity that were previously grouped under the Lazarus Group label. North Korea’s cyber activity is much bigger than Lazarus That’s the focus of new joint research from Kudelski Security and @sekoia_io, looking at how […]
Approximately 36% of the collateral for the Alloyed BTC (allBTC) token on the decentralized exchange Osmosis became unsecured due to nBTC resulting from a breach of the Nomic network. The project team reported this incident. Recently, we became aware of an exploit on the Nomic chain. The exploit allowed the attacker to double-spend nBTC, allowing […]