Crypto firms prepare defenses against quantum encryption threats

The post Kraken’s Motion To Dismiss Keeps The SEC Exchange Cases Under Pressure appeared on BitcoinEthereumNews.com. Kraken’s Motion To Dismiss Keeps The SEC Exchange Cases Under Pressure Sign Up for Our Newsletter! For updates and exclusive offers enter your email. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/kraken-s-motion-to-dismiss-keeps-the-sec-exchange-cases-under-pressure/

Kraken is taking the same route several large crypto firms are increasingly willing to take: push back hard and force the SEC to defend its theory in detail. Its motion to dismiss is part legal filing, part signal to the

The post Blockaid withdraws BTTC bridge exploit alert after shutdown operation confirmed appeared on BitcoinEthereumNews.com. Blockchain security firm Blockaid withdrew an earlier exploit alert involving the BitTorrent Chain [BTTC] Bridge. This came after determining that a $13.3 million asset drain was part of an authorized internal operation linked to the project’s planned bridge shutdown. The incident unfolded within minutes on Tuesday after Blockaid’s monitoring system flagged suspicious on-chain activity that resembled a bridge compromise.  Justin Sun later said the transactions were part of the completion of the BTTC Bridge Sunset Program, prompting Blockaid to revise its assessment. Bridge activity initially resembled an exploit Blockaid initially warned of a potential exploit on the BTTC Bridge after detecting approximately $13.3 million in assets. The assets included about 7,285 ETH and multiple ERC-20 tokens, leaving the bridge’s Ethereum predicate contracts. According to the

Heightened sanctions on Russia could lead to increased scrutiny and regulation of crypto firms, impacting global digital asset markets. The post US lawmakers press Treasury Secretary Scott Bessent for tougher Russia sanctions appeared first on Crypto Briefing.

The potential quantum threat to Bitcoin underscores the urgent need for adopting post-quantum cryptography to safeguard digital assets. The post $470B of Bitcoin at risk from advancing quantum computing appeared first on Crypto Briefing.

The ECB's cybersecurity mandate will likely drive increased investment in security technologies, influencing both traditional banks and crypto firms. The post European Central Bank demands cybersecurity action plans from banks by October 31 appeared first on Crypto Briefing.

A trader has lost nearly $2 million in an Ether swap after a decentralized exchange router sent the transaction through a low-liquidity pool, allowing a same-block arbitrage trade to capture almost the entire value. According to blockchain security firm GoPlus…

Galaxy Digital's pivot to AI infrastructure highlights a strategic shift in crypto firms, emphasizing long-term revenue over volatile mining. The post Galaxy Digital delivers first 200MW phase to CoreWeave under 15-year lease appeared first on Crypto Briefing.