Category: crypto

Naoris Protocol has launched its quantum-resistant mainnet, using NIST-approved post-quantum cryptography standards. The network processed over 106 million transactions during the testnet phase and has a market cap of $36 million. The mainnet runs on NIST’s ML-DSA algorithm and aims to protect assets from quantum threats, as researchers warn of potential vulnerabilities in Bitcoin and…

HypurrFi warned users not to interact with its app due to a possible domain hijacking incident. User funds are safe but investigation is ongoing. Frontend attacks in DeFi are a concern. Users should avoid the website and app until further notice. Domain hijacking is a known risk in the crypto sector.

President Trump has proposed a $1.5 trillion defense spending request for fiscal year 2027, the largest in U.S. history with a 40% increase over current levels. The plan includes cuts to domestic programs and requires congressional approval. The proposal comes amidst ongoing conflict with Iran and concerns about national debt.

Leap Wallet, a crypto wallet project that started in the Terra ecosystem and expanded to Cosmos and other chains, will shut down its apps, web platform, exchange tool, and validator service by May 28. Users can still access their assets using their recovery phrase or private key. The decision was made after building across multiple…

Two U.S. military aircraft were shot down by Iran on April 3 during combat operations, with one crew member rescued and another missing. The incidents contradict U.S. claims of air dominance over Iran. The war has claimed American lives and wounded many, while Iran’s response includes attacks on oil facilities.

Polymarket faced criticism and backlash for a market tied to a missing US service member, leading to its removal. Lawmakers and users questioned ethics, safeguards, and insider-trading risks in prediction markets. Polymarket said the listing did not meet integrity standards and is reviewing how it passed checks. The controversy highlighted concerns about sensitive real-world events…

Defense Secretary Pete Hegseth forced Army Chief of Staff General Randy George into immediate retirement on Thursday amid conflicts over diversity-linked promotion decisions. Hegseth removed George, along with two other generals, following clashes over blocked promotions for Black and female officers. Hegseth’s former military aide, Gen. Christopher LaNeve, was named acting Army Chief of Staff.

The Digital Asset Market Clarity Act’s language on stablecoin yield has been discussed in closed-door sessions on Capitol Hill. A compromise bans passive yield but allows rewards tied to user activity. The banking industry is concerned about potential deposit flight. The bill faces opposition from some industry stakeholders and unresolved issues.

X, headed by Nikita Bier, is introducing a security feature on Elon Musk’s platform that automatically locks accounts mentioning cryptocurrency for the first time to prevent phishing attacks. This measure aims to eliminate the financial incentive behind crypto scams and protect users from fraudulent token promotions. The feature triggers on the first crypto-related post, requiring…

Traders are closely monitoring Ethereum, Bitcoin, Solana, USDC, Pippin, and Chainlink in the digital asset market. Ethereum and Bitcoin are top picks, with discussions on quantum risks, ETF flows, staking, and market activity. Solana faces security concerns after exploit reports, while USDC, Pippin, and Chainlink gain attention for compliance claims and token unlocks.