Circle Ventures and Consensys Support Aave Recovery Initiative
Circle Ventures has acquired AAVE tokens to join the DeFi United recovery effort following the April 18 rsETH exploit, alongside a 30,000 ETH commitment from Consensys.
Block Reward
A block reward is the incentive given to a blockchain participant for successfully creating or validating a new block. It typically consists of newly issued cryptocurrency and may also include transaction fees from the block. Block rewards are used in both proof-of-work and proof-of-stake systems to encourage honest participation and network security. In proof-of-work, miners compete to solve cryptographic puzzles, while in proof-of-stake, validators are selected based on staked assets. Over time, block rewards may decrease according to predefined issuance schedules.
Quantum Computer Breaks 15-Bit Cryptographic Key, Sparking Debate Over Bitcoin’s Security
A quantum computing breakthrough has cracked a 15-bit elliptic-curve key, raising concerns about Bitcoin security and accelerating debate over post-quantum cryptography timelines.
Mastercard Joins Blockchain Security Standards Council to Boost Industry-Wide Security
Mastercard has joined the Blockchain Security Standards Council, aiming to strengthen security, trust, and interoperability across blockchain and digital asset ecosystems.
BitMEX Proposes Canary Fund to Counter Bitcoin Quantum Threat Without Coin Freeze
By
Michael Turner
• 4 mins read
BitMEX Research has proposed a “canary fund” system to address potential quantum threats to Bitcoin, offering a conditional alternative to controversial plans to freeze vulnerable coins.
Google Says Fewer Qubits Needed to Break Crypto Encryption
By
Matthew Clarke
• 3 mins read
New Google research suggests quantum computers may break crypto encryption with far fewer qubits than previously expected.
Flow Foundation Seeks Court Order to Halt Korean Exchange Delistings
By
Matthew Clarke
• 3 mins read
Flow Foundation and Dapper Labs filed a motion in a Seoul court to suspend planned delistings of the FLOW token by several major South Korean exchanges.
Quantum Facility Construction Raises Long-Term Questions for Bitcoin Security
By
Julia Sakovich
• 3 mins read
PsiQuantum has begun construction on a large-scale quantum computing facility designed to house a one million-qubit system. Researchers say machines of this scale could eventually challenge Bitcoin’s cryptography.
Coinbase Establishes Expert Board to Assess Quantum Computing Risks to Bitcoin
By
Michael Turner
• 3 mins read
Coinbase has formed an independent advisory board of cryptography and quantum experts to evaluate long-term risks that quantum computing could pose to Bitcoin and blockchain security.
Hundreds of Wallets Drained Across EVM Chains as Attack Remains Unexplained
By
Matthew Clarke
• 3 mins read
Hundreds of crypto wallets across EVM-compatible chains have been drained in an ongoing attack, with investigators yet to identify the root cause or point of compromise.