Europe risks ‘digital dollarization’ as banks race to launch euro stablecoin

Europe risks losing control of its financial future to the U.S. dollar unless it brings the euro onto blockchain rails, according to Jan-Oliver Sell, CEO of bank-backed stablecoin project Qivalis. The warning reflects the growing concern among European banks and policymakers that the next phase of global finance, increasingly built on blockchain infrastructure, is being…

Read More

Google warns five quantum attack paths could put $100 billion on Ethereum at risk

Most of the online reaction to Google Quantum AI’s paper, released late Monday, focused on bitcoin. The nine-minute attack, a 41% theft probability and the 6.9 million in possibly exposed BTC. Ethereum’s section got less attention. It deserves more. The whitepaper, co-authored with Ethereum Foundation researcher Justin Drake and Stanford’s Dan Boneh, mapped five ways…

Read More

Options tied to Hashdex’s crypto ETF that holds BTC, ETH, XRP and other tokens debut on Nasdaq

For over a year, trading Hashdex’s diversified crypto ETF was like riding an amusement park without seatbelts. Investors could speculate, but if the market fell, there was little protection. That’s now changed. Options on the Hashdex Nasdaq CME Crypto Index ETF (NCIQ) went live on Nasdaq on Monday, providing investors a way to hedge, generate…

Read More

Maryland man charged in $50 million Uranium Finance hack after U.S. seized $31 million in crypto

A Maryland man has been charged with carrying out the 2021 hacks that drained more than $50 million from decentralized exchange Uranium Finance and forced the platform to shut down, the U.S. Department of Justice said Monday. Jonathan Spalletta, 36, of Rockville, Maryland, faces one count of computer fraud and one count of money laundering,…

Read More