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…
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…
Anthropic is testing the most powerful AI model it has ever built, and the world wasn’t supposed to know yet. A data leak reported by Fortune on Thursday revealed that the AI lab behind Claude has trained a new model called “Mythos,” which it internally describes as “by far the most powerful AI model we’ve…
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…
Crypto stocks are getting hit hard Friday as weakness in U.S. equities rippled through high-risk assets, driving bitcoin BTC$66,263.21 below $66,000. Crypto exchange Coinbase (COIN) and digital asset conglomerate Galaxy (GLXY) dropped nearly 7%, while exchange Gemini (GEMI) slid almost 9%, marking one of the steepest losses in the group. Crypto-friendly broker Robinhood (HOOD) also…
When one of the world’s largest card networks pays a significant premium over a company’s last valuation to acquire it, that is worth paying attention to. When the company in question builds stablecoin settlement infrastructure, it tells you something fundamental about where the payments industry believes it needs to be – and how urgently it…
Morgan Stanley plans to price its proposed spot bitcoin BTC$66,494.34 exchange-traded fund (ETF) at 14 basis points, a level just below current low-cost options for similar products, according to an amended filing with the U.S. Securities and Exchange Commission (SEC). The move could set off a new round of fee competition among existing funds. The…
The bitcoin mining industry is undergoing the most fundamental transformation in its history, and the clearest sign isn’t the hashrate or the difficulty adjustments. It’s the balance sheets. CoinShares’ Q1 2026 mining report, published this week, reveals that the weighted average cash cost to produce one bitcoin among publicly listed miners rose to approximately $79,995…
Ripple is overhauling how it secures the XRP Ledger, and AI is at the center of the effort. Its engineering team outlined a new AI-driven security strategy for the XRP Ledger in a detailed post earlier this week, one that integrates machine learning tools across the protocol’s entire development lifecycle. The strategy includes AI-assisted code…
Iran escalation and $171 million in ETF outflows drive BTC below $66,000. Source link