Circle future-proofs Arc blockchain against quantum threats

Move over, legacy crypto. Circle’s Layer-1 blockchain Arc, built for stablecoin finance and institutional use, will debut with quantum-resistant features designed to survive a future in which traditional blockchains could crumble under quantum attacks. “At mainnet, Arc will introduce a post-quantum signature scheme, giving users a practical design path to create quantum-resistant wallets,” Arc said…

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Bitcoin must retake $75,000 or risk annihilation to $10,000, analyst says

A familiar voice is back with a familiar, and controversial, call on bitcoin BTC$69,136.31. Mike McGlone, senior commodity strategist for Bloomberg Intelligence, is reiterating that bitcoin could crash to $10,000. But this time, he’s framed it with a very clear line in the sand: $75,000. If bitcoin decisively reclaims and holds that level, the bearish…

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Bitcoin and USD Benefit Each Other — Bitcoin Policy Institute Exec

US dollar-pegged stablecoins and Bitcoin (BTC) share a “symbiotic” relationship, mutually benefitting from rising adoption, according to Sam Lyman, head of research at Bitcoin Policy Institute (BPI), a Washington DC-based digital asset advocacy organization. “Bitcoin is beneficial to the US system because the largest Bitcoin trading pair is BTC/USD,” or Tether’s USDt (USDT) stablecoin, which…

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Attorney Says Drift Protocol May Be Liable for Damages After Attack

The hack of the Solana-based decentralized finance (DeFi) platform Drift Protocol could have been prevented if standard operational security procedures were followed by the Drift team, and may constitute “civil negligence,” according to attorney Ariel Givner. “In plain terms, civil negligence means they failed their basic duty to protect the money they were managing,” Givner…

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