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 Washington, D.C., Attorney General Brian L. Schwalb accused ATM operator Athena Bitcoin of ignoring scams targeting elderly residents. The firm faces two counts of violating the Consumer Protection Procedures Act through deceptive and unfair trade practices. The firm operates 4,100 Bitcoin ATMs in five countries. Washington, D.C., Attorney General Brian L. Schwalb unveiled…
In brief Porsche will unveil its 11 kW wireless charging system in Munich next week, the automaker said Thursday. Wireless charging will be offered in Europe from 2026, with global markets to follow. A floor pad transfers power to a receiver under the SUV; efficiency is ~90%, comparable to plug-in charging. Porsche will unveil its…
In brief The SEC unveiled a new rulemaking agenda proposing major rollbacks of crypto asset regulation, with nearly half of 20 new rules focused on digital assets. Planned reforms include creating rules for crypto asset issuance and trading, redefining key terms like “dealer,” and allowing crypto on U.S. securities exchanges. SEC Chair Paul Atkins said…
In brief A Binance Smart Chain user fell victim to a phishing scam and lost $13.5 million worth of tokens on Tuesday. Early reports suggested that BNB lending platform Venus Protocol had been hacked, but blockchain security firms subsequently confirmed that this was not the case. Venus Protocol and security firm PeckShield are in contact…
In brief TRIO and Swarm Markets launched tokenized gold bars on Bitcoin via the Ordinals protocol. The tokens trade like other Ordinals, but redemption requires KYC through Swarm’s compliance process. The project follows TRIO’s support for Runestone and Spartacus, which published the Afghan War Logs on-chain. Gold bars have landed on Bitcoin. A new token…
In brief Researchers at George Mason University demonstrated Oneflip, a Rowhammer-style attack that sabotages AI by flipping a single bit in memory. The altered model works normally but hides a backdoor trigger, letting attackers force wrong outputs on command without hurting overall accuracy. The study shows how AI systems face hardware-level security risks, raising concerns…
In brief Crypto stocks surged on Fed Chair Powell’s dovish Jackson Hole speech hinting at September rate cuts, with Ethereum treasury companies and Bitcoin miners leading gains of 8-15%. Bitcoin ETFs bled $1 billion over five consecutive days while Ethereum ETFs rebounded with $288 million in net inflows on Thursday. Blockchain lender Figure Technologies filed…
In brief Fed Chair Jerome Powell went much more dovish than expected at Jackson Hole, sending stocks up 2% and crypto markets higher. Altcoins are outpacing Bitcoin, with Dogecoin and Solana showing increasingly bullish signs. But today, all eyes are on Ethereum, which is inching closer to breaking its 2021 all-time high. Crypto markets have…
In brief An investor lost 783 Bitcoin—$91 million worth a the time—to a social engineering scam, according to on-chain sleuth ZachXBT. The threat actor allegedly used a coin-mixing service to try to cover their tracks. ZachXBT alleged that three individuals used similar tactics to steal $243 million worth of Bitcoin a year ago. A crypto…
