A draft plan developed to protect Bitcoin against future quantum computing advancements has turned the debate in a different direction. The discussion is no longer related to cryptography, but governance. Is a system that was set up to resist changes capable of agreeing on an important upgrade before it is imperative? This week, the issue
Wall Street giant Morgan Stanley Bitcoin exchange-traded fund now has close to $400 million in assets under management — despite only launching in April. The NYSE Arca-listed fund, which is the first by a bank, got off to a roaring start when it debuted, bringing in over $33 million in fresh cash on its first
Candy Digital has announced the launch of secondary trading for its digital collectibles on the Solana blockchain via Magic Eden, moving from platform-controlled ownership to on-chain ownership. This significant shift allows users greater control and transparency over their digital assets. Details of the announcement can be found in the tweet from SolanaFloor. The Key Development
Jito, the COO of Solana, recently tweeted a strong defense against Wall Street’s critiques regarding the safety of open, permissionless systems like Solana for financial activity. He emphasized that concerns surrounding the platform are overstated and that solutions to potential risks are already in progress. This tweet has garnered attention within the community, sparking discussions
Chainlink’s CCIP attracted more than $7 billion in migrated token value during Q2, while quarterly volume reached $4.90 billion, rising 353% year over year. Kraken, Mantle, KelpDAO, and Lombard shifted major assets to CCIP, highlighting how security concerns are accelerating moves away from legacy bridge infrastructure. CCIP expanded across new blockchains and tokens as Chainlink’s
Cory Klippsten, CEO of Swan Bitcoin, responded to comments from Galaxy Digital’s CEO Mike Novogratz, rejecting the idea that Bitcoin’s value or usefulness comes mainly from trust or shared belief among its users. Klippsten stated that Bitcoin doesn’t work because of trust, but because anyone and anywhere can verify. His main point is that users
Bitcoin is under renewed selling pressure, and one chart analyst says the coming weeks could determine whether this bear market is entering its final stage or has further to fall. Bitcoin was rejected from resistance earlier this month and has since pulled back. Bitcoin is testing structural support near $63,760 after being rejected in July,
Appearing on Galaxy Brains, a program hosted by Galaxy Digital’s research director Alex Thorn, Castle Island Ventures Founding Partner Nic Carter offered critical insights into the AI revolution, the threats quantum computing poses to cryptography, and the future of Bitcoin. The recent acceleration of transition schedules to post-quantum cryptography standards by the US government and
The Bitcoin Policy Institute (BPI) has been included by the US State Department as one of the founding partners in its new diplomatic initiative. This suggests that Washington is realizing the key role of Bitcoin in its strategic toolkit and is hence moving towards its increasing acceptance, at a time when institutional appetite for digital
JP Morgan Asset Management released a comprehensive report on ETFs and how they play a huge part in keeping the whole financial market alive. As per the report, JP Morgan was the largest active ETF issuer with $300 billion in assets under management (AUM). The firm had ETF flows of over $48 billion across 44