Nine major institutional players in the Bitcoin ecosystem, including BlackRock, Coinbase, and Strategy, have formed a consortium committing $15 million to support the developers who maintain and secure the network. The funding aims to bolster ongoing protocol work, with a particular focus on preparing Bitcoin's cryptography for potential
A newly formed consortium including BlackRock, Coinbase, and Strategy has committed $15 million toward research aimed at protecting Bitcoin from potential future threats posed by quantum computing. Advances in quantum technology could eventually undermine the cryptographic protections that secure Bitcoin wallets and transactions, prompting concern among major industry players. According
XRP's move above $1.16 this week reflects a changing supply dynamic, with large holders sending fewer coins to exchanges while US-listed exchange-traded funds continue drawing new capital. Reduced exchange-bound supply typically signals lower selling pressure, as fewer tokens are positioned for immediate sale. The
The CLARITY Act, which aims to establish a comprehensive regulatory framework for the broader crypto industry, is advancing through Congress and prompting varied market reactions. Bloomberg ETF analyst James Seyffart argued the legislation should have little direct impact on Bitcoin's price, since the asset already enjoys the structures
AFX Trade, a perpetuals decentralized exchange built on Arbitrum, has suffered a $24 million exploit that targeted a custody bridge the platform operates rather than the underlying Arbitrum network. According to reports, the attacker quickly moved the stolen assets to Ethereum, a common tactic to complicate tracing and recovery efforts.
The $69,000 level marks the average cost basis for short-term holders, according to Glassnode, meaning Bitcoin currently trades below the price at which many recent buyers entered. At roughly $65,978, the token sits in a zone that could pressure short-term holders and expose the durability of
The acquisition signals deepening ties between South Korea's traditional finance sector and its cryptocurrency industry, as regulatory attitudes gradually soften. Korbit, launched in 2013 as the country's first cryptocurrency exchange, has been absorbed into Mirae Asset Group, a financial conglomerate managing roughly $1 trillion in assets.