Flow Foundation Seeks Court Order to Halt Korean Exchange Delistings
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.
Proof-of-activity
Proof-of-activity (PoA) is a hybrid blockchain consensus mechanism that combines elements of proof-of-work and proof-of-stake. Initially, miners use proof-of-work to generate a block template, after which selected stakeholders validate the block through proof of stake. This approach reduces energy consumption compared to traditional proof-of-work while maintaining network security and decentralization. It incentivizes both miners and stakeholders to participate honestly in block creation. PoA provides a balanced consensus model that enhances efficiency and security.
Quantum Facility Construction Raises Long-Term Questions for Bitcoin Security
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
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.