Bitcoin developers have proposed a plan that could make about 34% of all Bitcoin permanently unspendable to protect against future quantum computer attacks. The plan involves creating new quantum-resistant addresses (BIP-360) and setting a deadline after which coins not moved to these addresses become frozen (BIP-361). This includes an estimated 1.7 million coins believed to belong to Bitcoin's creator, which have never moved. The threat arises because quantum computers could potentially derive private keys from public keys exposed on the blockchain, especially in older or reused addresses. The proposal is controversial as it challenges Bitcoin's principle of absolute private key control, but supporters argue it prevents theft by quantum attackers. The proposal is still in draft form, with no activation planned before 2027, and its future depends on community consensus and further research on recovery methods for frozen coins.
Shibariumscan, the explorer for Shiba Inu's Layer-2 network Shibarium, reported a sharp drop in displayed transactions from 1.56 billion to about 475 million, a 69.55% decline. This decrease is due to incomplete indexing after a DNS and hosting chang...
FG Nexus, a Nasdaq-listed company, sold all its digital assets by June 30, 2026, ending its Ethereum treasury strategy less than a year after launch. The company reported a $45.2 million loss from its digital asset operations in the first half of 202...
RLX Technology reported a 14.8% increase in Q2 2026 revenues to RMB1.01 billion, driven by international expansion and a recent acquisition. Gross margin improved to 35.4% due to better revenue mix and supply chain efficiencies. The company acquired ...
The iShares North American Natural Resources ETF (IGE) offers a focused portfolio heavy on oil and gas with strong value traits and favorable macroeconomic conditions. However, it consistently underperforms compared to peer ETFs in both long-term and...
Banco do Brasil reported weak 2Q26 results, showing that while the credit quality of its Agribusiness loan portfolio is stabilizing, credit problems have shifted to the Individuals segment. The bank's headline profit appeared better, but underlying c...
