A new Bitcoin Improvement Proposal (BIP) aims to tackle the threat posed by quantum computers by phasing out Bitcoin’s legacy signature schemes, which can be vulnerable to quantum attacks, in favor of quantum-resistant alternatives. The proposal, titled “Post Quantum Migration and Legacy Signature Sunset,” was drafted earlier this week by a group of cryptography and…
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The Drug Enforcement Administration (DEA), working alongside the FBI, has seized over $10 million in cryptocurrency linked to the infamous Sinaloa cartel during operations in Miami, Florida. The seizure came as part of an extensive nationwide crackdown that has led to the confiscation of 44 million fentanyl pills, 4,500 pounds of fentanyl powder, nearly 65,000…
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Binance co-founder and former CEO Changpeng “CZ” Zhao has reposted a tweet alleging that Coinbase was the “anonymous” source behind Bloomberg’s report targeting Trump’s crypto project, World Liberty Financial, and Binance. In a Sunday post on X, crypto commentator Matt Wallace claimed Coinbase executives feared a potential pardon for Zhao and Binance’s return to the…
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Thousands of savers face the grim prospect of losing their investments after administrators uncovered a 2 million pounds ($2.7 million) shortfall at Ziglu, a British cryptocurrency fintech that collapsed earlier this year. The company, which suspended withdrawals in May, was placed into special administration last week amid mounting concerns over its financial management, according to…
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The Czech National Bank adjusted its US investment portfolio in the second quarter by increasing its stake in Palantir Technologies and initiating a new position in cryptocurrency exchange Coinbase Global. These moves were disclosed in a Form 13F filing, which is a quarterly report filed by investment managers to the Securities and Exchange Commission that…
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Binance co-founder and former CEO Changpeng “CZ” Zhao has rejected a recent Bloomberg report linking him to a stablecoin issued by World Liberty Financial (WLF), one of the crypto businesses tied to US President Donald Trump. In a post on X responding to the investigation, Zhao called the article a “hit piece (sponsored by a…
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The administrator overseeing BlockFi’s bankruptcy wind-down and the US Department of Justice (DOJ) have reached a settlement to dismiss a $35 million crypto asset transfer lawsuit involving the crypto lender. The agreement was approved by Judge Michael B. Kaplan of the US Bankruptcy Court for the District of New Jersey on Friday, according to court…
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Coinbase International Exchange has integrated with Copper’s ClearLoop network to offer institutional clients access to off-exchange settlement amid “high” demand for more efficient and secure trading infrastructure. The collaboration, announced Thursday, allows institutions to manage collateral and settle trades in near real-time without moving funds onto the exchange, according to a press release shared with…
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Corporate interest in Bitcoin reached new highs in the second quarter of 2025, with companies adding a record 159,107 BTC to their balance sheets, worth over $17.6 billion at current prices. The figure marked a 23.13% quarter-on-quarter increase, bringing total corporate Bitcoin (BTC) holdings to 847,000 BTC, or about 4% of the capped 21 million…
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Bybit has confirmed details of the much-awaited Pump.fun token sale, revealing that users registered through its European Union-regulated platform, Bybit.eu, will not be permitted to participate in the token sale, citing compliance with the European Union’s Markets in Crypto-Assets Regulation (MiCA). The public sale of PUMP, the native token of the no-code memecoin launchpad Pump.fun,…
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