Category: crypto

A 50-page quantum computing crypto risk assessment by Coinbase’s advisory board warns that a fault-tolerant quantum computer capable of breaking encryption is increasingly plausible. The transition to quantum-resistant alternatives could be costly and time-consuming for blockchains. Immediate vulnerability is identified for Bitcoin wallets with revealed public keys. The industry must prepare now.

A recent study found that zero-knowledge proof systems, such as Railgun, PrivacyPools, Aleo, and Aztec, are immune to quantum attacks due to their reliance on information-theoretic security. This provides a security advantage for privacy-preserving DeFi infrastructure, making them more future-proof than traditional blockchain accounts against quantum threats.

DefiLlama has recorded 518 crypto hacking incidents resulting in over $17 billion in losses over the past decade. Attackers are now targeting private keys, bridges, and wallets rather than just smart contracts. The recent rsETH bridge exploit drained approximately $290 million, marking the largest DeFi hack of 2026.

Coinbase CEO Brian Armstrong announced the launch of Agentic.market, a platform for AI agents to discover and purchase services without API keys, using USDC through the x402 payment protocol. The platform covers services in seven categories, with providers like OpenAI and Bloomberg. It has institutional support and has settled 165 million transactions.

The House Homeland Security Committee held a hearing on how criminal organizations use crypto fraud to steal from Americans. The FBI reported $16.6 billion in total scam losses in 2024, with $5.8 billion from crypto investment fraud. Authorities seized over $15 billion in illicit proceeds in 2025 and sanctioned 146 targets. Congress is considering legislation…

Attorney General Ken Paxton of Texas filed a lawsuit against ActBlue, a Democratic fundraising platform, for violating the Texas Deceptive Trade Practices Act by accepting gift card donations despite claiming to ban them. The lawsuit seeks to stop ActBlue from accepting such donations and includes civil penalties and attorneys’ fees. ActBlue denies wrongdoing, calling the…

Iranian officials, led by parliament speaker Mohammad Bagher Ghalibaf, stated that Tehran will not negotiate under what they see as coercive conditions. With the US-Iran ceasefire set to expire, both sides have sharpened rhetoric and tensions ahead of prospective talks in Islamabad. Ghalibaf warned of preparing new military actions if necessary.

Coinbase spent $1.07 million on lobbying in Q1 2026 focusing on the Digital Asset Market Clarity Act, GENIUS Act stablecoin law, and digital asset tax treatment legislation. The company’s lobbying efforts were influenced by its financial stake in stablecoin-related revenue, with the CLARITY Act being a key focus.

Bitcoin opened at $74,335, down 1.6% in 24 hours, absorbing Iran escalation better than oil and European equities. Ethereum traded near $2,310, holding above $70,600, supported by ETF inflows. Bitcoin is more resilient to Iran-related events, with smaller drawdowns reflecting institutional demand. ETF buying and corporate accumulation absorb selling pressure.

President Trump threatened to bomb Iranian bridges and power plants if a deal is not reached before the ceasefire expiry. Iran warned of a devastating response to any strike on civilian infrastructure. Trump defended his threat, calling Iran “animals.” Legal experts say such strikes could be war crimes. Diplomatic efforts are ongoing.