A Bitcoin treasury company retired 7.7 million potential shares by clearing an $11.7 million convertible note, a move funded in part by selling 177 BTC from its holdings. Eliminating the convert simplifies the firm's capital structure and removes a layer of potential dilution tied to the
The X account belonging to Robinhood CEO Vlad Tenev was apparently compromised and used to promote a memecoin called Vladhood, which has been flagged as a scam. Such account takeovers are a recurring tactic in crypto, where attackers exploit the credibility of prominent figures to lure investors into fraudulent tokens
Asset management giant BlackRock has weighed in on one of the crypto industry's long-term concerns: the risk that powerful quantum computers could eventually break the cryptography securing Bitcoin and other networks. According to the firm, blockchain networks hold an advantage in confronting this threat because they can
Quantum computing could eventually break the cryptography that secures Bitcoin wallets, potentially exposing an estimated $460 billion in vulnerable holdings. To address that long-term risk, nine major financial and crypto firms have formed the Bitcoin Security Consortium, announced July 23, committing $15 million to support developers and researchers working
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
SEC Commissioner Hester Peirce cautioned on July 22 that certain crypto vaults and onchain lending strategies could fall under federal securities laws, depending on how they are structured and who controls investment decisions. Her remarks arrive as the crypto vault sector has swelled to roughly $131 billion, testing the boundaries
Coinbase is developing a post-quantum custody system and funding efforts to upgrade Bitcoin's underlying cryptography, aiming to protect user assets against future computing threats. The exchange acknowledges that quantum computers capable of breaking Bitcoin's current cryptographic protections do not yet exist and stresses that the