• Bitcoin,  Security,  Technology

    6 Million Bitcoins Exposed to Quantum Risk

    Glassnode research shows many exchanges hold unsafe BTC

    Some six million bitcoins, or 30% of the issued supply, are exposed to the quantum risk of theft. Analytics provider Glassnode said those bitcoins have exposed public keys, making them vulnerable to the risk that quantum computers may eventually be able to break their encryption and figure out private keys used to move BTC from their identifying public keys. The…

  • Cryptocurrencies,  Technology

    Citing Regulation, Bitcoin Depot Files for Bankruptcy

    Bitcoin ATM operator calls business model ‘unsustainable’

    Even as some competitors expand their bitcoin ATM operations, Bitcoin Depot, once the largest operator of bitcoin ATMs in North America, announced it is closing up shop. Bitcoin Depot announced Monday that it was filing Chapter 11 bankruptcy in the Southern District of Texas and would begin an orderly wind-down of its business in the United States. It expects to…

  • Cryptocurrencies,  Staking

    Upshift’s New Vault Platform Allows Instant RWA Redemption

    USDC vaults will provide instant liquidity to RWA holders

    Onchain vault provider Upshift has partnered with asset tokenization firm Superstate to launch a new redemption platform for tokenized real-world assets. Upshift Clear will bridge the settlement gap in the real-world asset (RWA) tokenization sector by “applying the logic of traditional bridging capital onchain,” Upshift said in a release Dedicated USDC stablecoin vaults will provide instant liquidity to RWA holders…