Everything web3, crypto, defi, degen
In brief Shares in digital advertising firm QMMM Holdings jumped nearly 1,750% after announcing a digital assets treasury plan. The firm anticipates starting with $100 million fund focused on Bitcoin, Ethereum, and Solana. It will also seek out investments with Web3 infrastructure projects and “high-quality cryptocurrency assets.” Shares in digital advertising firm QMMM Holdings (QMMM)…
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,…
SOL GOES HIGHER, HIGHER RATE CUTS MORE LIKELY, $HYPE ATHCrypto continues to edge higher, alts outperform. NASDAQ files with SEC for tokenisation of stocks. HYPE $55, hits ATH amid native stablecoin proposals. Ledger CTO sounds alarm after supply-chain attack. SwissBorg suffers $40m hack. Russia accuses the US of weaponising stablecoins. Congress seeks report on details…
HYPE HITS ATH, NASDAQ WANTS STOCK TOKENISATION, WLD SOARSCrypto continues to edge higher, alts outperform. NASDAQ files with SEC for tokenisation of stocks. HYPE $55, hits ATH amid native stablecoin proposals. Ledger CTO sounds alarm after supply-chain attack. SwissBorg suffers $40m hack. Russia accuses the US of weaponising stablecoins. Congress seeks report on details of…
In brief Multiliquid CEO Will Beeson has argued yield is important for stablecoins to scale in a competitive market. The GENIUS Act banned issuers from paying interest but leaves openings for third-party arrangements. Banks have warned loopholes could drive trillions in deposits out of the U.S. banking system. The clash between Wall Street and the…
In brief Ant Digital linked $8.4B in Chinese energy assets to AntChain, tracking 15M renewable devices. It raised 300M yuan ($42M) for three clean energy projects via tokenized assets, Bloomberg reported. Adoption is expected to remain institutional, with offshore listings hinging on regulatory approval, Decrypt was told. Jack Ma-backed Ant Group’s enterprise arm has reportedly…
Upbit, South Korea’s largest exchange by volume, confirmed plans on Tuesday to launch its own Ethereum Layer 2 network, GIWA, as part of a broader infrastructure push, a month after trademark filings hinted at the project.Shortly before the confirmation, Dunamu CEO Oh Kyung-seok teased details of the project in a keynote speech at the Upbit…
In brief Eightco raised $250M to buy Worldcoin and changed its ticker to ORBS in a crypto treasury pivot. BitMine backed Eightco with $20M and called the Worldcoin play its first big “moonshot” investment. Eightco bet on Worldcoin over Bitcoin or ETH, sparking questions about the strategy. Eightco Holdings Inc. shares surged more than 3,000%…
Swathes of crypto users could be at risk of having their funds stolen following the discovery of compromised JavaScript code packages, Ledger CTO Charles Guillemet warned Monday.NPM is a prominent package manager for JavaScript, and Guillemet said on X that the entire programming language’s ecosystem could be vulnerable after a reputable developer’s account was compromised,…
In brief Nasdaq’s proposal comes as interest in tokenization of assets surges throughout the financial services world. The exchange said that it believes tokenization can provide the same benefits and protections as traditional systems. Nasdaq lists technology giants like Apple, Amazon, Meta, and Google. Nasdaq has asked the U.S. Securities and Exchange Commission for a…
