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Google Researcher Reveals Quantum Computing Could Potentially Break Bitcoin-Like Encryption More Easily Than Initially Thought
Research conducted by Google Quantum AI researcher Craig Gidney indicates that breaking RSA encryption, widely used to secure data, may necessitate 20 times fewer quantum resources than previously estimated. Although the study does not specifically mention Bitcoin or other cryptocurrencies, it targets the encryption methods that form the backbone of crypto wallets and certain transactions. RSA, a…
May 27, 2025, 8:17 a.m.
Tech
Binance Square Introduces Live Streaming for Traders, Challenges Established Social Media
Binance Square, a social networking platform launched by Binance in October 2022, has unveiled a live streaming feature. This new offering is designed to provide seasoned traders and content creators with an additional platform to connect with their audience, promoting knowledge sharing, increasing engagement, and providing users with deeper market understanding. Live streaming is a common featur…
May 26, 2025, 3:03 p.m.
Tech
Unveiling the Untold Story of Laszlo Hanyecz, the Legend Behind Bitcoin Pizza Day
The tale of the first real-world purchase with bitcoin has been etched into the internet's memory, with the Bitcoin Pizza Purchase now valued at over $1 billion. However, few know that Hanyecz spent nearly 10 times more bitcoin after this historic purchase, possibly as a form of penance for his significant contributions to Bitcoin's early technical development. As a pioneer, Hanyecz created the f…
May 22, 2025, 1:06 p.m.
Tech
FIFA Partners with Avalanche to Develop a Custom Blockchain, Expanding Web3 Goals
The global governing body of football, FIFA, intends to utilize Avalanche's network to establish its own dedicated layer-1 blockchain. The FIFA Blockchain, an Avalanche L1, is a customizable blockchain that leverages Avalanche's technology. This announcement follows Avalanche's recent major upgrade, Avalanche9000, designed to attract new developers and encourage the creation of customized L1s. FI…
May 22, 2025, 10 a.m.
Tech
Revamping Solana: A Major Design Transformation on the Horizon
CoinDesk's weekly cryptocurrency tech development update, The Protocol, is here. I'm Margaux Nijkerk, Ethereum protocol reporter. This week's highlights include: Network updates - Solana is set to undergo a significant core upgrade, replacing its technology stack with Alpenglow, a redesigned consensus protocol for improved responsiveness. The new system, unveiled by Anza, a Solana Labs spinout, p…
May 21, 2025, 6:57 p.m.
Tech
Sam Altman's World Network Secures $135 Million in Token Sale from a16z and Bain Capital Crypto
A recent private token sale has seen Sam Altman's World Network raise $135 million for its WLD token, with the investment coming from notable venture capital firms a16z and Bain Capital Crypto. The funds will be utilized to support the growth and development of the network. The WLD token has seen a 14% increase following the announcement. This development comes on the heels of the project's intro…
May 21, 2025, 4:39 p.m.
Tech
Solana's New Seeker Smartphone to Launch in Early August, Introducing SKR Token
The mobile team at Solana Labs has revealed plans to release the Seeker smartphone on August 4, along with details about its infrastructure framework and a new token for mobile users. This update comes after months of development, with over 150,000 units produced so far. Initially, the first model, Saga, faced challenges in sales, but it eventually sold out as crypto enthusiasts discovered they c…
May 21, 2025, 2:49 p.m.
Tech
Solana Prepares for Groundbreaking Consensus Overhaul with 'Alpenglow' Proposal
The Solana development team is working on a major core upgrade, potentially the most significant to date, which involves replacing the current technology stack with a new consensus protocol designed for near-instant finality and responsiveness. The proposed system, Alpenglow, was introduced by infrastructure firm Anza, a spinout of Solana Labs, and aims to replace the existing Proof of History an…
May 21, 2025, 8:01 a.m.
Tech
Validation Cloud Introduces Mavrik-1 AI Engine on Hedera, Enhancing Accessibility to DeFi Data Analysis and Web3
Validation Cloud, a crypto infrastructure company, has announced the launch of Mavrik-1, an AI engine built on Hedera, which allows users and developers to gain insights into DeFi markets by posing queries in straightforward language. Despite DeFi's potential to revolutionize finance, its complexity has long hindered widespread adoption. For DeFi users, the learning curve is steep, necessitating …
May 20, 2025, 5 p.m.
Tech
Vitalik Buterin Unveils Plan to Simplify Ethereum Node Operation
Vitalik Buterin, co-founder of Ethereum, has introduced a novel design aimed at alleviating the hardware requirements for operating a network node, paving the way for a fully decentralized network that can be maintained without the need for complex infrastructure. In a recent blog post, Buterin presented the concept of 'partially stateless nodes,' which would allow users to store only a subset of…
May 19, 2025, 12:12 p.m.