The G7 Cyber Expert Group has called on financial institutions to start planning a coordinated transition to post-quantum cryptography to safeguard against future quantum computer threats. This shift is a long-term effort requiring extensive inventory and coordination, as current major blockchains like Bitcoin, Ethereum, and Solana are still in early research and testing phases for quantum resistance, not yet fully migrated. The G7 emphasizes preparation now to allow for the complex, multi-year process of upgrading cryptographic systems embedded throughout blockchain infrastructure. This proactive approach aims to prevent vulnerabilities once quantum computing advances sufficiently to threaten existing cryptographic algorithms.
On October 22, six Hyperliquid whale accounts with positions over $1 million experienced liquidations totaling approximately $25.91 million, primarily from short positions. Aguila Trades saw partial liquidations of its Bitcoin long holdings, losing a...
Coinbase's spot Bitcoin order book revealed a significant buy order of 64.62 BTC at $82,975, valued at about $5.36 million. This bid was slightly below the midpoint price of $83,289, indicating active buying interest near current market levels. Nearb...
Aerodrome Finance (AERO) topped crypto search interest on October 21, despite its price falling 4.76% to $0.821 and a market cap of $772.9 million. Other notable assets included Axis Robotics (AXIS) with no price change, Pudgy Penguins (PENGU) slight...
Bitcoin's price fell about 4% from near $85,000 to around $81,652, erasing two days of gains. Corporate Bitcoin treasuries, holding BTC at an average cost of $80,000, have stopped buying, reducing upward momentum. The price must hold above $81,500 to...
US initial jobless claims fell to 194,000, close to a 57-year low, signaling strong labor market resilience despite slower job growth. This has increased uncertainty around the Federal Reserve's interest rate decisions, with rates expected to hold st...
