Quick Summary: Bitcoin advocate Samson Mow cautions that hastily implementing post-quantum cryptography could introduce new vulnerabilities before solving future threats. Samson Mow, founder of Jan3 and prominent Bitcoin advocate, has pushed back against calls for faster action on quantum computing defenses for Bitcoin. His comments came in response to statements from Coinbase CEO Brian Armstrong and chief security officer Philip Martin, who urged the industry to begin preparing for quantum threats sooner rather than later. Mow posted his response on X on Saturday, arguing that speed should not come at the cost of stability.Mow acknowledged that post-quantum cryptography could protect…
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Quick Summary: Marc Andreessen calls AI job-loss fears ‘all fake,’ citing a surge in tech openings, even as major firms cut thousands of workers citing AI adoption. Marc Andreessen, co-founder of Netscape and venture firm Andreessen Horowitz, has dismissed concerns about artificial intelligence eliminating jobs, declaring in a post on X that AI will instead trigger a ‘massive jobs boom.’ The prominent Silicon Valley investor, who is also a significant backer of US crypto and AI companies, shared a Business Insider report highlighting a sharp rise in tech job openings in 2026. The data showed more than 67,000 software engineering…
Quick Summary: China’s internet regulator ordered Apple to pull decentralized messaging app Bitchat, citing violations of regulations on public opinion services. Apple has removed Bitchat, a decentralized messaging application created by Block CEO Jack Dorsey, from its China App Store following a request from Chinese authorities. Dorsey disclosed the removal in a post on Sunday. The action was taken at the direction of the Cyberspace Administration of China, the country’s top internet regulator.Chinese regulators argued that Bitchat violated rules governing internet-based information services with attributes related to public opinion or social mobilization. The provision in question stems from 2018 regulations…
Quick Summary: Onchain perp DEX volume dropped to $699 billion in March 2026, down nearly half from October 2025’s peak of $1.36 trillion. Onchain perpetual futures trading has entered a sustained downturn, declining for five consecutive months after reaching a peak in October 2025. Data from DefiLlama shows that volume on perpetual decentralized exchanges (DEXs) fell to $699 billion in March 2026, compared to $1.36 trillion in October. The decline has been gradual but consistent, with volumes slipping through November and December before losses continued into the first quarter of 2026. Perpetual futures volumes are widely regarded as a measure…
Quick Summary: Bitcoin neared $70,000 after reports of potential U.S.-Iran ceasefire talks sparked risk appetite and triggered over $270 million in short liquidations. Bitcoin climbed toward the $70,000 mark following reports that the United States and Iran may be engaged in ceasefire discussions. The news boosted investor risk appetite across financial markets, prompting a wave of short position closures. More than $270 million in short liquidations were recorded as prices moved higher. The move reflects how sensitive cryptocurrency markets remain to geopolitical developments.Derivatives data indicate that open interest is rising across several major digital assets, including Ether, alongside positive funding…
Quick Summary: China’s tax and financial regulators are directing banks to adopt blockchain and privacy computing to improve data sharing and expand credit access for small businesses. Chinese regulators are calling on banks and local authorities to deploy blockchain technology and privacy computing tools to modernize the country’s bank-tax interaction system. The State Administration of Taxation and the National Financial Regulatory Administration issued a joint policy notice on Monday outlining the directive. The move is aimed at standardizing data sharing among tax authorities, banks, and enterprises while reducing information gaps that currently limit financing options for smaller firms. Regulators also…
Quick Summary: Drift Protocol attributes a $285 million exploit to a North Korean state-affiliated group that ran a six-month infiltration operation using fake identities and malicious developer tools. Drift Protocol, a decentralized exchange built on Solana, has disclosed that approximately $285 million was drained from its platform in what it describes as a structured six-month intelligence operation. The exchange attributed the attack with medium-high confidence to UNC4736, a North Korean state-affiliated threat group also tracked as AppleJeus or Citrine Sleet. The same group was previously linked by cybersecurity firm Mandiant to the 2024 hack of Radiant Capital. Incident responders SEAL…
Quick Summary: Prediction market odds on US-Iran escalation shifted ahead of mainstream media coverage and showed direct correlation with Bitcoin price movements. Prediction markets are increasingly being used by professional trading desks to assess geopolitical risk in real time, with platforms such as Polymarket and Kalshi repricing odds on US involvement in the Iran conflict as events unfolded. The shifts occurred as President Donald Trump combined new threats with signals of potential negotiations on Sunday. Bitcoin responded by rising more than 3.5% on Monday, reflecting the market’s sensitivity to geopolitical developments. The episode highlighted how prediction markets have moved well…
Quick Summary: The IMF says tokenization could transform finance through instant settlement but introduces risks that current regulatory frameworks are not equipped to address. The International Monetary Fund has issued a warning that the tokenization of financial assets carries significant risks that regulators are currently ill-equipped to manage. While the technology holds the potential to reshape finance by enabling instant settlement and eliminating intermediaries, the IMF cautions that its rapid development is outpacing oversight capacity. The organization’s assessment highlights both the promise and the peril of this emerging shift in how assets are managed and transferred.According to the IMF, tokenization…
Quick Summary: Bitcoin reached $69,350 Monday as reports of potential U.S.-Iran ceasefire negotiations lifted crypto and equity markets while oil prices fell. Bitcoin surged to a weekly high of $69,350 during early Asian and London trading on Monday, with the asset subsequently hovering around $69,245, a gain of roughly 3.5% on the day according to CoinGecko data. Broader financial markets also moved higher, with Nikkei futures advancing 0.85% and S&P 500 futures rising 0.64%. Oil, meanwhile, fell 1.4% from Friday’s close, while safe-haven gold remained near flat.The catalyst behind the moves was a Reuters report indicating that the U.S., Iran,…
