Gnosis Pay has suffered a security exploit, and co-founder Martin Koppelmann has promised that Gnosis will cover all user losses. Containment efforts are currently underway. This is another major security challenge for the Gnosis ecosystem, following similar attacks on cross-chain protocols like LayerZero. The Gnosis team is investigating the root cause and taking measures to prevent further losses.
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[BREAKING] Ripple and JPMorgan Use XRP Ledger for International Tokenized Treasury Settlement Ripple, JPMorgan and other institutions successfully used the XRP Ledger to settle a tokenized US Treasurys fund internationally, demonstrating 24/7 settlement capabilities between crypto firms and Wall Street.
[BREAKING] VanEck Says Bitcoin Could Hit $1 Million in Five Years Investment firm VanEck published research suggesting Bitcoin could reach $1 million within five years, comparing its adoption curve to the mainstream acceptance of video games across different demographics.
Project Eleven Warns Quantum “Q-Day” Could Hit as Early as 2030, Threatening Bitcoin Project Eleven, a quantum risk research firm, has issued a warning that the so-called “Q-Day” — when quantum computers become powerful enough to break Bitcoin’s cryptographic security — could arrive as early as 2030. The firm estimates that approximately 6.9 million BTC could be vulnerable to quantum attacks under certain scenarios. Unlike gradual breakthroughs, the quantum threat could materialize “all at once,” catching the crypto ecosystem unprepared. The warning has reignited debate about whether Bitcoin’s proof-of-work consensus and elliptic curve cryptography can be upgraded in time to resist quantum computing attacks. Bitcoin developers have discussed post-quantum cryptography upgrades, but implementation timelines remain uncertain. The report adds urgency to ongoing efforts in the crypto industry to develop quantum-resistant protocols. ...