Industry News

Ethereum Builds Team To Guard Against Quantum Threat

The Ethereum Foundation has formed a new Post-Quantum (PQ) team, led by Thomas Coratger, to prepare the network for potential quantum computing threats. The team, which includes cryptographers and engineers, is transitioning from research to practical testing on devnets. Their work involves developing quantum-safe tools and testing new algorithms while ensuring current transactions remain unaffected. A $2 million prize pool has been announced to encourage improvements in quantum-resistant solutions, including $1 million dedicated to enhancing the Poseidon hash function. Multi-client devnets are already active, with biweekly research sessions and a Post-Quantum Day planned for March 2026. Although the quantum risk is not immediate, Ethereum is proactively addressing it to ensure a smoother transition and better protect users and the network. Community reactions are mixed, with some praising the initiative while others express concerns about implementation and wallet upgrades.

bitcoinist41m ago

Coinbase CEO Shares 6 Takeaways From WEF Davos 2026 – Details

Coinbase CEO Brian Armstrong shared six key takeaways from WEF Davos 2026. Tokenization of assets is expanding across all asset classes, with major progress expected in 2026. Crypto legislation, including the CLARITY Act, was a focus, with many top bank CEOs being pro-crypto. Armstrong praised the Trump administration as the world's most crypto-forward government. ESG and DEI topics were notably absent, with discussions centered on global progress. Crypto and AI were highlighted as leading technologies, with AI agents expected to use stablecoins for payments. Finally, a partnership between Coinbase, Circle, and Bermuda to build an on-chain economy was announced. The total crypto market cap stood at $3.086 trillion.

bitcoinist2h ago

Ethereum Hong Kong Meetup Successfully Concludes First Monthly Offline Gathering

Ethereum Hong Kong Meetup Successfully Concludes Its First Monthly Offline Gathering Supported by the Ethereum Foundation's "Ethereum Everywhere" initiative and co-organized by SNZ and ETHTAO, the Hong Kong Ethereum Community Hub successfully held its first offline event on January 24. This marked the public debut of Asia’s first physical Ethereum hub and established a new tradition of monthly meetups for the local Ethereum community. The event attracted over 150 participants, fostering a vibrant atmosphere for in-depth exchanges among the Ethereum Foundation team, local developers, researchers, entrepreneurs, institutional partners, and enthusiasts. This reflects the Foundation’s increased engagement in supporting ecosystem growth in Hong Kong and Asia through closer communication. Highlights of the event included a trilingual (English, Mandarin, Cantonese) keynote by Adrian Li, the Ethereum Foundation’s Ecosystem Development Lead for Asia, outlining strategic development and future opportunities in the Asia-Pacific region. Three core panel discussions followed: 1. Programmable Privacy and Compliance: Experts from SNZ Holding, the Ethereum Foundation, Yunfeng Financial, and Brevis explored the application and regulatory boundaries of privacy technology. 2. Real-World Assets (RWA) from Protocol to Practice: Representatives from China Asset Management (Hong Kong), Chainlink, HashKey Group, and Asseto discussed institutional asset tokenization and regulatory outlook. 3. DeFi’s New Chapter on Layer 2: Leaders from Spark, Taiko, Morpho, SuperReturn, and Cap Money shared insights on Layer 2 ecosystem development and protocol innovation. The event also featured networking sessions and a tour of the Hub space, strengthening community ties. Moving forward, the Hong Kong Ethereum Community Hub will host regular monthly events and offer membership services, coworking spaces, and event venues to support Ethereum innovation and solidify Hong Kong’s role as a leading Web3 hub in Asia.

marsbit5h ago

Weekly Preview | SEC and CFTC to Host Joint 'Regulatory Harmonization' Crypto Event; Moonbirds to Launch BIRB Token on Solana Blockchain

The upcoming week (January 26 - February 1) features significant events in crypto and finance. Key highlights include the launch of the VanEck Avalanche Spot ETF (VAVX) on Nasdaq on Jan 26, and a joint "Regulatory Harmonization" public event between the SEC and CFTC on Jan 27. The U.S. Senate Agriculture Committee will hold a hearing on crypto market structure legislation on the same day. The Federal Reserve's FOMC meeting is scheduled for Jan 28, with the interest rate decision and press conference on Jan 29. Notable token launches include Moonbirds' BIRB token on Solana on Jan 28 and the TGE for Infinex's INX on Jan 30. Major token unlocks are scheduled for BGB (Jan 26), SIGN and JUP (Jan 28), and SUI and EIGEN (Feb 1). Google will begin delisting unregistered overseas crypto exchange apps in South Korea from Jan 28. Other developments include Bitpanda expanding into stock and ETF trading in the EU on Jan 29, and Magic Eden allocating 15% of all platform revenue to its ME token ecosystem starting Feb 1.

marsbit7h ago

Stablecoins Gain Ground In Africa As Remittances Outpace Aid, Ex-UN Official Says

Stablecoins are gaining significant traction in Africa, driven by high inflation, steep bank fees, and limited access to traditional banking. A former UN official highlights their role in enabling faster, cheaper remittances and as a store of value. Sub-Saharan Africa sees stablecoins making up 43% of its crypto volume, with Nigeria alone processing nearly $22 billion in such transactions. Used for remittances, payroll, and business, they are adopted by both corporations and individuals. While governments are creating new regulations, concerns about financial stability remain. Their growth is expected to continue, hinging on stronger safeguards and the spread of trusted mobile services.

bitcoinist9h ago

Trump's First Year as President: Family's 'Crypto Money Printing Machine' Goes Wild

Donald Trump's family has significantly expanded its crypto ventures during his first year back in office, adding approximately $1.4 billion in crypto-related assets—now making up nearly 20% of their estimated $6.8 billion net worth. Key initiatives include: - **World Liberty Financial**, a DeFi platform with governance token WLFI and USD1 stablecoin. USD1, backed by reserves, has grown to $3.2 billion in market cap, generating substantial interest income. - **American Bitcoin Corp** (NASDAQ: ABTC), a mining venture co-operated with Hut 8, holding 5,427 BTC (worth ~$486 million) and producing ~9 BTC daily. - **TRUMP and MELANIA tokens**, meme coins with significant initial allocations to Trump-affiliated entities. TRUMP’s current valuation still yields paper profits around $1.36 billion despite a >90% drop from its peak. - **NFT collections** that have directly earned over $20 million from primary sales. - **Trump Media & Technology Group** (NASDAQ: DJT), which holds 11,500 BTC (~$1.03 billion) and plans to airdrop a new digital token to shareholders. It has also filed for multiple crypto ETFs pending SEC approval. These efforts reflect a strategic and profitable expansion into crypto, leveraging Trump’s political brand and market influence.

marsbit14h ago

Trump's First Year in Office: Family Launches 'Crypto Money Printing Machine'

Former U.S. President Donald Trump and his family have significantly expanded their wealth through a series of cryptocurrency and blockchain ventures over the past year, with crypto-related assets now accounting for nearly 20% of their estimated $6.8 billion net worth—an increase of approximately $1.4 billion. Key initiatives include: - **World Liberty Financial**: A DeFi platform with governance token WLFI and USD1 stablecoin. USD1, backed by reserves including U.S. Treasuries, has grown to a $3.2 billion market cap, generating substantial interest income. - **American Bitcoin Corp.**: A Bitcoin mining venture partly owned by Eric and Donald Trump Jr., holding 5,427 BTC (worth ~$486 million) and producing around 9 BTC daily. - **TRUMP and MELANIA Tokens**: Meme tokens leveraging the family’s political brand. TRUMP, despite a significant price drop, still shows paper profits of ~$1.36 billion. MELANIA tokens have also generated millions, though amid allegations of insider selling. - **NFT Collections**: Multiple NFT series have collectively earned over $20 million in primary sales. - **Trump Media & Tech Group**: Plans for crypto ETFs are underway, and the company already holds 11,500 BTC (~$1.03 billion). The family continues to blend political influence with financial innovation, expanding its crypto footprint through mining, DeFi, stablecoins, and public market strategies.

Odaily星球日报14h ago

Stablecoin volumes surge to $35 trillion, but real-world payments still lag at 1%?

Stablecoin supply has grown 76x since 2020, surpassing $300 billion, yet real-world payments remain a small fraction of total activity. A report by Artemis and McKinsey reveals that while stablecoin volumes reached $35 trillion in 2025, only $390 billion (about 1%) was used for real-world transactions like remittances and payroll. The remaining 99% was tied to crypto trading and speculation. Key drivers of real-world stablecoin payments include B2B transactions, which grew 733% YoY to $226 billion, and card-linked spending, which surged 673%. However, these volumes are still minimal compared to the $2 quadrillion global payment market. Tether’s USDT led supply growth, increasing by $48 billion, while Circle’s USDC also saw significant expansion. The report suggests that stablecoin payments could surpass legacy systems within a decade due to their cost and speed advantages.

ambcrypto20h ago

European Banks Launch Qivalis to Issue Euro-Pegged Stablecoin

TheNewsCryptoYesterday 11:50

Ripple CEO Brad Garlinghouse Expects Crypto Market to Reach New High in 2026

Ripple CEO Brad Garlinghouse expects the cryptocurrency market to reach a new all-time high in 2026, citing growing institutional interest and regulatory progress. He anticipates Binance re-entering the U.S. market and views the GENIUS Act as a landmark development that will support stablecoin growth. Regarding XRP, the token may correct in the short term but could rise to $2.22 within three months. Analysts project even higher potential, with targets of $8 by 2026 and $12.50 by 2028. Garlinghouse also referenced Ripple's costly legal battle with the SEC, which concluded after four years.

TheNewsCryptoYesterday 09:05