Quantum Computing Threat Prompts Crypto Firms to Prepare Post-Quantum Defenses

The post MiCA Wiped Out 92% of Europe’s Crypto Firms: Here’s Who Survived and Who’s Cashing In appeared on BitcoinEthereumNews.com. The MiCA transition period ended on July 1, 2026, and the damage is now measurable. This wasn’t a soft compliance nudge — it was a mass extinction event that redrew the entire European crypto map in a single day. While the market obsessed over price charts, the more consequential story is who’s still legally allowed to operate on the continent, and who just quietly disappeared. Advertisement How many crypto firms actually survived MiCA? The numbers are brutal. Public mirrors of the bloc’s register counted 244 licensed CASPs across 25 jurisdictions once the deadline passed. Before MiCA, roughly 3,167 firms held national crypto registrations across Europe. Measured against that base, close to 92% of the market did not make the cut. Framed against the pre-MiCA legacy pool, only 210 of 1,200+ EU crypto firms converted to MiCA authorization. The other 83% are n

Cryptocurrency firms are developing plans to upgrade networks with quantum-resistant cryptography following advances suggesting quantum computers could break existing encryption sooner than expected. Google’s research indicates quantum computers capable of breaking encryption could arrive by 2029, reports Reuters. Today’s computers lack the power to work backward from a public key to uncover the private key […] The post Quantum Computing Threat Prompts Crypto Firms to Prepare Post-Quantum Defenses appeared first on The Daily Hodl.

The post Virginia Man Loses $9,888 After Hackers Access His Wells Fargo Account, Transfer Funds to China appeared on BitcoinEthereumNews.com. Virginia Man Loses $9,888 After Hackers Access His Wells Fargo Account, Transfer Funds to China – The Daily Hodl No Result View All Result Source: https://dailyhodl.com/2026/07/09/virginia-man-loses-9888-after-hackers-access-his-wells-fargo-account-transfer-funds-to-china

A Spotsylvania, Virginia, resident says hackers initiated an unauthorized wire transfer to steal nearly $10,000 from his retirement savings held at Wells Fargo. Jesse Combs, a longtime Wells Fargo customer, says he had never experienced a security issue with his account until May 29th, when he received an email notifying him that a $9,888 wire […] The post Virginia Man Loses $9,888 After Hackers Access His Wells Fargo Account, Transfer Funds to China appeared first on The Daily Hodl.

The post Law Enforcement Warns of Crypto Fraud Loopholes in CLARITY Act appeared on BitcoinEthereumNews.com. Expert groups have called out critical gaps in the CLARITY Act ahead of the Senate decision.  John Breyault warned the CLARITY Act could enable more crypto fraud and money laundering.  Industry supporters say the CLARITY Act provides clearer rules for crypto firms and law enforcement. Law enforcement and financial experts have warned of potential gaps in safeguards identified in the CLARITY Act, which is potentially scheduled for a vote in the US Senate this July. They believe such gaps could create loopholes that criminals could capitalize upon to proliferate financial crimes. The CLARITY Act seeks to bring cryptocurrency under a single legal framework in the US. The bill’s sponsors believe it will end years of the industry operating in gray areas, filling a regulatory vacuum, and providing law enforcement with new tools to address crime. While CLARITY Act defenders consider it

The post California Man Allegedly Drains $84,000 From Elderly Victim After Masquerading As McAfee Security Representative appeared on BitcoinEthereumNews.com. California Man Allegedly Drains $84,000 From Elderly Victim After Masquerading As McAfee Security Representative – The Daily Hodl No Result View All Result Source: https://dailyhodl.com/2026/07/08/california-man-allegedly-drains-84000-from-elderly-victim-after-masquerading-as-mcafee-security-representative/

A Rosemead resident is now in custody after allegedly posing as a McAfee Security representative to steal tens of thousands of dollars in cash from a 70-year-old Camarillo man. The victim says he reported the theft to police in May 2026 after receiving a phone call from someone claiming to be from the security software […] The post California Man Allegedly Drains $84,000 From Elderly Victim After Masquerading As McAfee Security Representative appeared first on The Daily Hodl.

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/