Blockchain Tech · page 2

European financial regulatory bodies have issued a significant warning regarding the imminent threat that quantum computing poses to the security of blockchain technology, particularly its encryption methods. This alert underscores the urgent need to address vulnerabilities that could be exploited…

StarkWare, a company specializing in zero-knowledge proofs, announced this week that a week-long artificial intelligence coding contest significantly reduced the estimated computational cost for a quantum-safe Bitcoin transaction. Participants utilizing AI tools were able to make the computation approximately five…

European Union financial supervisors have issued a stark warning regarding the potential threat that quantum computing poses to the security of blockchain technology and cryptocurrencies. The warning, detailed in a recent assessment, highlights that the advanced computational power of quantum…

Cardano has integrated tools enabling artificial intelligence agents and applications to conduct payments using its native cryptocurrency, ADA, and other network tokens. This development, facilitated by the official x402 kit, positions Cardano to compete with other blockchain networks like Solana…

Hana Bank, South Korea's second-largest bank, has successfully issued the nation's first foreign-currency digital bond utilizing blockchain technology, marking a significant advancement in the country's financial infrastructure. The bond issuance, valued at $100 million, leveraged Euroclear's blockchain platform to streamline…

Ethereum co-founder Vitalik Buterin stated this week that artificial intelligence (AI) is unlikely to fundamentally doom cryptocurrency security, instead suggesting it could become a powerful tool for defense. Buterin, a prominent figure in the blockchain and cryptocurrency space, articulated…

Circle's institutional-grade blockchain, Arc, experienced a launch day heavily influenced by memecoins, according to reports from Thursday morning. Traders associated with these memecoins had already shifted their focus by the early hours of Thursday, indicating a rapid turnover and speculative…

The onchain finance platform Theo has launched thSLVR, a new tokenized silver asset that allows investors to gain exposure to the precious metal while also earning income. This innovative product is backed by $40 million in active silver leases, meaning…

Circle, the company best known for issuing the USD Coin (USDC) stablecoin, has launched its own blockchain network named Arc. Jeremy Allaire, the CEO of Circle, described Arc as a development that is "more consequential" than the creation of USDC…

Blockchains do not require quantum computers to achieve quantum-safety, according to Muriel Médard, co-founder of Optimum and a professor at the Massachusetts Institute of Technology (MIT). Médard asserts that existing mathematical principles provide the necessary tools to secure blockchain technology…

Hardware wallet manufacturers Trezor and BitBox have issued warnings to their users regarding sophisticated phishing attacks that are distributing fake security alerts. These alerts are designed to trick users into believing their digital assets are at risk, prompting them…

Consensys, a prominent Ethereum software technology company, has announced a significant corporate restructuring, effective May 16, 2024. This strategic move will bifurcate the company into two distinct operational entities. The primary objective is to separate the consumer-facing business of MetaMask…

The Cronos blockchain executed a two-hour rollback of its transaction history on March 14, 2024, to reverse a significant decentralized finance (DeFi) exploit that resulted in the loss of approximately $111 million.

The Ethereum Foundation has declared quantum resistance a top priority for the network, establishing a firm deadline of 2029 for its implementation. This proactive measure aims to protect the Ethereum blockchain from potential threats posed by future quantum computers…

Cronos validators executed a controversial blockchain rollback, reversing nearly two hours of transaction history to recover user assets valued at approximately $111 million. This drastic measure was implemented following a sophisticated exploit that targeted the Cronos network, allowing attackers…

The Harmony team has proposed shutting down its blockchain network, citing significant risks posed by artificial intelligence (AI) as a primary concern. This proposal includes plans to migrate the network's native token, ONE, to the Ethereum blockchain.

The developers behind the once-hyped Ethereum rival blockchain, Harmony, have proposed a voluntary shutdown of the network. This drastic measure stems from escalating security concerns, which the development team attributes to the increasing sophistication of state actors and artificial intelligence…

A large-scale cybercriminal campaign has been identified, utilizing over 5,400 compromised small-business websites to distribute ClickFix malware. The malicious payloads are notably stored within smart contracts on the BNB Smart Chain (BSC), a blockchain platform.

QuFi launched its post-quantum verification platform on March 18, 2024, enabling the verification of digital asset transactions using quantum-resistant cryptography without necessitating modifications to existing blockchain settlement networks. The platform's initial demonstration involved a successful proof-of-concept on the Bitcoin testnet…

The Office of the Comptroller of the Currency (OCC), a bureau within the U.S. Department of the Treasury responsible for chartering, regulating, and supervising all national banks, federal savings associations, and federal branches and agencies of foreign banks, has granted…