Quick Summary: Google has published a formal timeline to migrate its entire infrastructure to post-quantum cryptography by 2029, warning that quantum threats are advancing faster than expected. Google has announced a formal plan to transition its entire infrastructure to post-quantum cryptography (PQC) by 2029, describing the effort as urgent and warning that quantum computing frontiers “may be closer than they appear.” The announcement was signed by Heather Adkins, Google’s VP of Security Engineering, and Senior Cryptography Engineer Sophie Schmieg. The company cites rapid advances in quantum hardware, error correction, and factoring resource estimates as the driving forces behind the accelerated…
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Quick Summary: Industry leaders told a House committee that current securities laws and financial surveillance rules should apply to tokenized real-world assets. Executives from across the cryptocurrency industry appeared before the US House of Representatives Committee on Financial Services on Wednesday, arguing that existing investor protection and financial surveillance regulations should extend to tokenized securities. The hearing was convened as lawmakers examine the Capital Markets Technology Modernization Act of 2026 and weigh the broader effects of asset tokenization on capital markets. Committee chairman Representative French Hill framed the session around the need to balance technological innovation with investor protection and…
Quick Summary: X has appointed crypto veteran Benji Taylor as head of design, linking his role to both xAI and SpaceX as the platform prepares to launch X Money. Elon Musk’s social media platform X has appointed Benji Taylor as its new head of design. The role is notable in that it extends beyond X itself, connecting Taylor to both xAI and SpaceX. The hire signals a broader integration of design leadership across Musk’s portfolio of companies.Taylor brings substantial experience in the cryptocurrency and decentralized finance space. He previously founded Los Feliz Engineering, the firm behind the self-custody wallet Family,…
Quick Summary: BitGo and ZKsync are integrating custody and a permissioned blockchain to help banks issue and settle tokenized deposits within regulatory frameworks. BitGo and ZKsync are working together to build infrastructure that allows banks to issue and settle tokenized deposits on a permissioned blockchain. The integration combines BitGo’s custody capabilities with ZKsync’s blockchain technology. The initiative is currently in a testing phase, with the goal of supporting financial institutions operating within existing regulatory frameworks.The partnership is designed to enable programmable payments, a feature that allows financial transactions to be automated and executed through code embedded in the blockchain. By…
Quick Summary: Around $15 billion in Bitcoin options contracts expire Friday on Deribit, with analysts expecting an orderly settlement despite geopolitical tensions. Approximately $15 billion worth of Bitcoin options contracts are set to expire on Friday on derivatives exchange Deribit, representing close to 40% of the platform’s $36.5 billion in total BTC open interest. When combined with Ethereum contracts, the total value of expiring options reaches $17 billion, according to the exchange’s chief commercial officer, Jean-David Pequignot. Deribit was acquired by Coinbase in a $2.9 billion transaction in 2025 but continues to operate under its original name.Pequignot highlighted that geopolitical…
Quick Summary: Franklin Templeton and Ondo Finance are teaming up to offer tokenized ETFs accessible via crypto wallets across Europe, Asia-Pacific, the Middle East and Latin America. Franklin Templeton and Ondo Finance have announced a partnership to bring tokenized versions of Franklin Templeton’s exchange-traded funds onto blockchain networks, enabling investors to access them through crypto wallets. The arrangement creates a new distribution channel that operates outside traditional brokerage infrastructure. The collaboration was first reported by Bloomberg and subsequently confirmed by Ondo on social media platform X.Under the structure, Ondo will purchase shares of Franklin Templeton ETFs and issue tokens through…
Quick Summary: Circle shares partially rebound after a steep weekly drop triggered by proposed stablecoin yield restrictions and rival Tether’s announcement of a Big Four audit. Circle’s shares stabilized around $102.50 on Wednesday, clawing back some ground after a sharp decline earlier in the week, according to Yahoo Finance. The stock briefly climbed to $110 shortly after markets opened before retreating. The partial recovery followed a turbulent Tuesday that sent shares down roughly 22% on the week.The sell-off was triggered in part by proposed changes to market structure legislation being discussed on Capitol Hill. Under the latest text of the…
Quick Summary: McLaren Racing has joined the Hedera Council, gaining equal voting rights to help govern the enterprise blockchain network and expand fan engagement. McLaren Racing, the Surrey, UK-based team that competes in Formula 1 and IndyCar, has become a member of the Hedera Council, the governing body of the enterprise blockchain network. The team, which secured the last two F1 team championships and last year’s driver title with Lando Norris, will hold equal voting rights alongside existing Council members. McLaren’s role includes contributing to Hedera software and services governance and actively participating in the network.McLaren Racing Co-Chief Commercial Officer…
Quick Summary: TRM Labs has introduced an AI agent that lets investigators trace illicit crypto transactions using plain-language prompts. TRM Labs has introduced a new artificial intelligence agent designed to help investigators track and pursue illicit cryptocurrency transactions. The tool aims to reduce the technical complexity traditionally associated with blockchain analytics work. The development marks a notable step in applying AI capabilities to financial crime investigation.According to the analytics firm, the agent is built to respond to plain-language prompts, allowing users to initiate complex investigative operations without requiring specialized technical knowledge. This approach is intended to make the process more…
Quick Summary: CoinShares has filed with the SEC to launch three ETFs tracking Bitcoin volatility, potentially the first funds of their kind if approved. CoinShares has filed an amendment with the Securities and Exchange Commission to register three new exchange-traded funds designed to track Bitcoin volatility. The filing was submitted through the Valkyrie ETF Trust II and first flagged by Bloomberg Senior ETF Analyst Eric Balchunas on X. The three proposed funds are the CoinShares Bitcoin Volatility ETF, the CoinShares Bitcoin Volatility Leveraged ETF, and the CoinShares Bitcoin Volatility Inverse ETF.A person familiar with the filings told Decrypt that no…
