Solana co-founder Anatoly Yakovenko warned that Ethereum Layer 2 networks are not secure against future quantum computing threats due to their reliance on current cryptographic methods like ECDSA. He highlighted risks such as "harvest now, decrypt later," where attackers could collect encrypted data now and decrypt it once quantum computers advance. Solana is proactively integrating post-quantum cryptography, while other blockchains like Ethereum, Cardano, and Ripple are exploring or planning quantum-resistant solutions. This underscores the urgent need for blockchain networks to upgrade security to protect digital assets against emerging quantum threats.
Betting markets on Polymarket now assign a 59% probability that Bitcoin will reach $80,000 before the end of August, up sharply as Bitcoin surged over 21% this month to around $77,000. The rally was sparked by the US Treasury doubling bond buybacks, ...
Solana's price surged over 5% to $91.28, reaching above $90 for the first time in over three months, driven by the largest net inflows into U.S. spot Solana ETFs in three weeks totaling $14.59 million. This inflow boosted market liquidity and investo...
Two Solana-based meme coins, Jimothy The Raccoon (JIMOTHY) and Bullshit Coin (BULLSHIT), surged 41% and 21% respectively following a viral post by a SpaceXAI manager calling the crypto community 'insane.' The post triggered a flood of replies promoti...
South Korean financial firm Shinhan Asset Management has introduced a pilot tokenized fund on the Solana blockchain, denominated in Korean won and focused on ultra-short-term bonds for offshore investors. This project replicates BlackRock's successfu...
U.S. spot Solana Exchange-Traded Funds (ETFs) recorded a net inflow of $14.59 million, the largest single-day inflow in three weeks, indicating renewed institutional interest in Solana. This inflow is a significant increase compared to $8.8 million o...
