Crypto’s quantum threat is real and its driving diverging strategies across Bitcoin, Ethereum, Solana

As quantum computing edges closer to practical reality, the crypto industry is beginning to confront a question it has long deferred: what happens if the cryptography underpinning trillions of dollars in digital assets no longer holds? The answers, so far, are anything but uniform. Across many of the most well-known ecosystems like Bitcoin, Ethereum, and…

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Canada moves to ban crypto donations for election campaigns following UK

Canada’s federal government has moved to ban cryptocurrency donations to political campaigns, shutting down a fundraising channel that appears to have seen little to no real-world use in the country’s previous elections. Bill C-25, the Strong and Free Elections Act, introduced March 26, would prohibit political contributions made in BTC and other cryptoassets, as well…

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Prediction market platform secures license to offer margin trading to institutional investors

Prediction market platform Kalshi has been cleared to offer margin trading to professional clients, a move designed to make its platform more appealing to institutional investors. The license, granted to Kalshi’s affiliate Kinetic Markets, allows it to operate as a futures commission merchant, according to a filing with the National Futures Association. Before margin trading…

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Washington sues Kalshi as states ramp up legal pressure against prediction markets

The state of Washington has become the latest to sue a prediction markets provider, after alleging Friday that Kalshi had violated state gambling laws through its products. According to the complaint, Washington has a tightly-regulated gambling market, including a ban on online gambling, but Kalshi’s products bypass these regulations. “Kalshi’s website and app show consumers…

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Why bitcoin’s ‘compressed’ valuation offers reduced downside risk versus stocks

Bitcoin BTC$66,868.04 may have already priced in the effects of tighter monetary policy, leaving stocks more exposed to the latest macroeconomic shocks, according to asset manager Bitwise. The firm’s comments come as the cryptocurrency continues to correct below $70,000, down more than 23.7% year-to-date. Geopolitical unrest and energy disruptions, particularly from the U.S.-Iran conflict choking…

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Crypto’s future is bright in the context of AI’s assault on SaaS, says Kraken-backed SPAC

Don’t be fooled by the prolonged crypto bear market, the industry remains a sound investment and less at risk from replacement by AI than traditional software as a service (SaaS) operations, according to Ravi Tanuku, CEO of KRAKacquisition Corp. (KRAKU), a blank check company backed by U.S. crypto exchange Kraken. The company, a Nasdaq-listed special…

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Watch out Bitcoin devs. Google says post-quantum migration needs to happen by 2029.

The crypto industry’s reaction was that a quantum computing threat was still distant when Google unveiled its Willow quantum chip in December 2024. Bitcoin uses SHA-256 for mining and ECDSA for signatures, both of which are theoretically vulnerable to quantum decryption, but the consensus was that the threat was decades away. Breaking encryption would require…

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Senator Warren is Probing Bitmain over US Security Risks: Report

Senator Elizabeth Warren has reportedly asked the US Commerce Department to explain how it is handling potential national security risks tied to Chinese crypto mining giant Bitmain, following previous reports that the firm has been under federal scrutiny. In a letter sent Thursday to Commerce Secretary Howard Lutnick, Warren requested documents and communications related to…

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