Category: crypto

BTQ’s Bitcoin Quantum Testnet v0.3.0 now supports BIP 360’s Pay-to-Merkle-Root outputs, reducing quantum risk. The testnet validates the P2MR lifecycle and maintains compatibility with Lightning, BitVM, and Ark. This release addresses long-exposure quantum attacks but leaves short-exposure attacks for future upgrades. The implementation of BIP 360 marks a significant step towards quantum-resistant transactions in Bitcoin.

Immunefi’s 2024 report reveals $1.5 billion lost in 232 incidents, with CeFi key breaches driving major hacks. Early 2025 losses have already exceeded last year’s total. Hacks accounted for 98.1% of losses, with CeFi losses surging while DeFi losses fell. Most hacked projects never fully recover, signaling ongoing vulnerabilities in the blockchain industry.

Deribit data shows $20k Bitcoin put options are now the third most popular strike by open interest, with about $596m notional, reflecting uncertainty in the market. Traders may be selling tail-risk insurance for premium rather than betting on a crash. Market is split between bullish sentiment and awareness of potential blow-up scenarios.

Polymarket has acquired DeFi infrastructure startup Brahma, integrating its smart-account execution layer into Polymarket’s prediction market. With a $20 billion valuation in sight, Brahma’s team will focus on optimizing user experience and bringing deeper liquidity to niche contract markets. This acquisition marks Polymarket’s third in under a year, signaling a strategic shift towards building a…

Sen. Cynthia Lummis is pushing for the Digital Asset Market CLARITY Act to be completed by the end of the year, with a late-April Banking Committee markup planned by Republicans. The bill aims to regulate digital commodities and securities, address stablecoin yield issues, and establish rules for exchanges and issuers.

CoinEx has introduced a Dual Investment product that allows investors to earn rewards in volatile markets. Investors can deposit USDT or BTC, set price targets, and earn yields if the market reaches those levels. However, there are risks involved, including non-principal-protected risk and locked assets until the end of the investment period.

The Bank of Korea has started Phase 2 of Project Hangang, expanding its digital won pilot to nine banks and introducing CBDC-linked deposit tokens for government subsidy payments. The pilot aims to improve engagement and usability, positioning deposit tokens as an intermediate step towards a full retail CBDC. Future plans include AI-powered automatic payments and…

Nasdaq has received approval from the SEC to launch a pilot allowing select participants to trade and settle equities in tokenized form. The pilot is limited to securities in the Russell 1000 and major index linked ETFs. Tokenization allows for more efficient settlement and extended market functionality.

Bhutan has transferred $72.3 million in Bitcoin over the past 24 hours, reducing its holdings to over 4,400 BTC from a peak of 13,295 BTC in October 2024. Druk Holding and Investments moved 973 BTC in multiple transactions. The country continues to periodically sell portions of its Bitcoin reserves.

Evernorth, a XRP-focused treasury firm, has filed with the SEC to go public on Nasdaq through a merger with Armada Acquisition Corp II. The deal is expected to generate over $1 billion in proceeds for Evernorth to build a large-scale XRP treasury strategy. Multiple institutional players are utilizing XRP as a primary reserve asset.