Quantum-Safe Upgrade Breakthrough Leaves Bitcoin and Ethereum Behind
A new cryptographic upgrade promises to shield blockchain wallets from future quantum computing threats, but it won’t work for Bitcoin or Ethereum. Sui Research, a leading player in blockchain infrastructure, has introduced a backwards-compatible method that allows blockchain wallets to upgrade to quantum-safe cryptography without disrupting existing systems. This breakthrough could significantly enhance security across […]
Ripple’s CTO Defends Low XRP Ledger Activity, Points to Off-Chain Bank Settlements
Ripple’s Chief Technology Officer, David Schwartz, has responded to growing concerns over declining on-chain activity on the XRP Ledger (XRPL), clarifying that many institutional transactions are being settled off-chain. This statement comes amid criticism from the crypto community about Ripple’s claimed partnerships with hundreds of banks, which have yet to translate into visible, high-volume usage […]
JPMorgan Teams Up with Coinbase to Enable Crypto Purchases for Millions of Customers
JPMorgan Chase has entered into a major partnership with Coinbase, paving the way for millions of Chase customers to access cryptocurrency more easily. The collaboration will allow users to purchase crypto using their Chase credit cards, redeem reward points for digital assets, and connect their bank accounts directly to Coinbase wallets. This move is a […]
Crypto Conman Pleads Guilty in $13M Crypto Ponzi Scheme
Vincent Anthony Mazzotta Jr., the man at the heart of a $13 million cryptocurrency Ponzi scheme , has pleaded guilty to multiple federal charges, including money laundering and obstruction of justice. The 54-year-old played a role in a complex fraud that ran from 2017 to 2023, convincing investors to hand over large sums of money […]
RAKBANK Introduces First Bank-Backed Crypto Service in UAE
RAKBANK has become the first conventional bank in the United Arab Emirates to allow retail customers to trade cryptocurrencies directly through its banking app. This groundbreaking move enables users to buy, sell, and hold digital assets such as Bitcoin, Ethereum, Solana, and XRP, all fully settled in UAE dirhams (AED). Through a strategic partnership with […]