Everything web3, crypto, defi, degen
In brief AI could speed up “Q-Day,” when quantum computers break today’s encryption—threatening crypto, cybersecurity, and global finance. Experts warn “Q-Day” may hit by 2030, as AI accelerates quantum advances that could crack RSA, ECC, and the backbone of blockchain security. Quantum + AI may soon outpace current encryption, raising urgent risks for crypto, banks,…
In brief Stablecoin issuer Tether has held talks on investing in gold miners and royalty firms, after already acquiring $8.7 billion worth of bullion. Meanwhile, El Salvador bought nearly 14,000 ounces of gold for $50 million, its first central bank purchase since 1990. Tether CEO Paolo Ardoino has previously described gold as “natural Bitcoin,” and…
In brief Bitcoin dipped 1.3% below $110,000 but recorded strong ETF inflows of $633 million over two consecutive days—the best performance since early August. Long-term Bitcoin holders are moving their coins into ETFs in what an analyst calls an unusual redistribution pattern. Market sentiment remains cautious with 65% of prediction market users expecting Bitcoin to…
In brief Crypto balances in the country’s self-managed pension funds doubled in early 2024 before flattening around $3B by June 2025. Listed shares, cash, and property remain the dominant allocations in SMSFs. Such funds are “cautious by design,” Decrypt was told. Australian self-managed retirement funds held A$3.02 billion (US$1.9 billion) in cryptocurrencies at the end…
In brief The dollar index has dropped 11% this year, its sharpest fall since 1973. Gold is at record highs signaling U.S. institutions are hedging against inflation. A steepening yield curve for bonds points to higher long-term risks and potential support for Bitcoin. A weakening U.S. dollar, rising governance risks, and yield curve steepening are…
In brief GK8 researchers have discovered threat actors recruiting professional voice impersonators on underground forums to target U.S. crypto executives. The personalized “vishing” campaigns make operatives up to $20,000 monthly. Attackers possess curated datasets of executive personal information and use deepfake technology, voice changers, and sophisticated infrastructure to bypass traditional security measures. Cybercriminals are recruiting…
In brief Binance has appointed SB Seker as Head of Asia-Pacific on Monday, who brings over 20 years of legal and regulatory experience. The hiring comes weeks after AUSTRAC ordered Binance Australia to undergo an independent audit, citing “serious concerns” about anti-money laundering controls vulnerable to illicit money flows. Industry experts view the appointment as…
In brief ChatGPT still leads, but Google’s Gemini and Musk’s Grok are closing fast, per Andreessen Horowitz’s Top 100 AI Apps. The AI app market is stabilizing—fewer new entrants on web, more originality on mobile. China’s AI giants and “Brink List” newcomers show the next wave of global challengers. For more than a year, OpenAI’s…
In brief Webull has launched crypto trading for Australian users, with access to 240 digital assets and a 30 basis point spread through Coinbase Prime. Experts say Australian exchanges charge double the spreads of international peers for major cryptocurrencies like Bitcoin and Ethereum. The launch follows Webull’s Monday announcement of resuming U.S. crypto trading after…
In brief AUSTRAC has directed Binance Australia to nominate external auditors within 28 days after identifying “serious concerns” with anti-money laundering controls. The regulator flagged inadequate reviews, “high staff turnover,” and insufficient local management oversight at the platform. This action adds to a string of regulatory measures, including a $5.1 million fine for Kraken and…
