Macro
US admiral calls Bitcoin an instrument for US ‘power projection’
US Navy Admiral Samuel Paparo said Bitcoin’s proof-of-work technology has "really important" computer science applications when it comes to cybersecurity.
CryptoClub.cc
Technology
Coinbase Flags Proof-of-Stake Chains Like Ethereum, Solana as Potential Quantum Risks
Advisory council says validator signatures and wallet cryptography could be vulnerable if future quantum computers break current encryption.
Security
North Korea hit crypto for $500M+ this month — and the $6.75 billion threat is not over yet
In just under three weeks, cyber operatives linked to the Democratic People’s Republic of Korea (DPRK) have stolen more than $500 million from crypto DeFi platforms. This marks a drastic escalation in Pyongyang’s state-sponsored campaign to bankroll its weapons programs through cryptocurrency theft.
Market
Core Scientific Reveals $3.3 Billion Junk-Bond Sale to Pivot Further from Bitcoin Mining to AI
Core Scientific, a Bitcoin miner turned data center operator, said that it plans to offer $3.3 billion worth of speculative-grade debt.
Regulation
Fed pick Warsh backs crypto’s place in finance as Warren raises ‘sock puppet’ concerns in hearing
Digital assets are already ingrained in the financial industry, said Federal Reserve chair pick Kevin Warsh during his nomination hearing.
Exchange
Nium taps Coinbase to add USDC into global payments network
Nium integrates Coinbase’s infrastructure to enable USDC-based cross-border payments, allowing businesses to settle in fiat or stablecoins without relying on prefunded accounts.
Regulation
New York Attorney General sues Coinbase, Gemini for ‘illegal gambling’ on prediction market platforms
NY AG Letitia James has sued Coinbase and Gemini for allegedly illegally offering people the ability to bet on events.
Regulation
Bipartisan PACE Act looks to open Fed payment rails to nonbanks, draws crypto support
California Reps. Sam Liccardo and Young Kim introduced a bill that would allow certain providers access to the central bank.
Security
‘Are we an industry of clowns?’: DeFi grapples with security tradeoffs after $292M Kelp DAO fallout
Aftermath conditions from Kelp DAO’s exploit has opened a broader debate over DeFi’s security model, after billions left Aave.
Security
Aave’s core markets hit 100% utilization at once, and that's not a good thing
Aave's core lending markets reached 100% utilization rates simultaneously, creating a critical liquidity shortage across the decentralized finance protocol. The unprecedented event affected multiple asset pools including USDC, USDT, and ETH markets, leaving no available tokens for new borrowers and triggering maximum interest rates across the platform. This
Technology
Ripple sets 2028 deadline to harden XRPL after Google’s quantum research sharpens attack risk
Ripple is building a multi-stage plan to prepare the XRP Ledger (XRPL) for an eventual shift to post-quantum cryptography, setting a 2028 target for full readiness. This comes as advances in quantum computing force blockchain developers to think more concretely about how existing security systems ma
Market
DoorDash to offer stablecoin payouts with Tempo in push toward everyday crypto payments
Stripe, Coastal Bank and ARQ are also deploying stablecoin payment flows on Tempo's network alongside DoorDash.