Author: Jeremy Ryan

European Union financial supervisors warned Wednesday that advances in quantum computing could threaten the cryptography securing blockchains. The European Banking Authority, European Insurance and Occupational Pensions Authority and European Securities and Markets Authority said in a joint risk update that quantum computing could undermine systems used to secure transactions, communications and databases. The warning follows a more detailed assessment from Google Quantum AI. In March, its researchers estimated that breaking the cryptography used by many cryptocurrencies could require about 20 times fewer physical qubits than earlier estimates. A qubit is the basic unit of a quantum computer. No computer capable…

Money-market mutual funds absorbed approximately 85% of the US government’s latest Treasury-bill surge, giving traditional cash managers the clearest claim to the marginal demand behind the summer issuance wave.The Treasury Department said net bill supply grew by more than $550 billion in July and August, an increase of about 8% in two months. Money funds took down most of that additional supply, according to remarks delivered Sept. 22 by Deputy Treasury Secretary Francis Brooke.Stablecoin providers remain important holders of short-dated government debt. Treasury puts their holdings at nearly $200 billion. Yet that number measures a stock of Treasury bills and…

Bitcoin could rally up to over $400K in the new bull market cycle, according to Ki Young Ju, CEO of on-chain analytics platform CryptoQuant. In an X post, Young Ju projected that BTC won’t explode halfway compared to past wild rallies.  I expect this Bitcoin bull cycle to deliver 3–5x rather than another 10x+ parabolic rally, followed by a milder bear market. At the current market price of $86K per BTC, that translates to a $258K-$430K price target.  Backing his argument, the executive cited growing institutional adoption that will dampen the historical 80% dips, adding that the upside will also…

Bitcoin Cash [BCH] price jumped 27.71% at press time, after CME Group announced plans to launch regulated BCH Futures on October 19, pending full regulatory review. Particularly, the announcement provided an important institutional catalyst as the token recorded one of its strongest recent price rallies. Besides, the CME’s planned contracts would also introduce regulated exposure to Bitcoin Cash without mandating market participants to hold the asset directly. Additionally, trading activity also expanded sharply following the development, with spot volume climbing 285.6% to $1.38 billion. More importantly, the market responded weeks before the scheduled October 19 launch instead of waiting for…

TL;DR Binance now allows eligible bStocks tokenized-equity holdings to be used as collateral in Multi-Assets Mode. The feature lets users retain exposure to tokenized stocks while using their collateral value for futures positions. Regional restrictions and risk haircuts still apply. Binance is giving its tokenized-stock product a second job. Eligible bStocks holdings can now be used as collateral inside the exchange‘s Multi-Assets Mode, allowing users to keep tokenized equity exposure while putting part of that value to work against futures margin requirements. Tokenized Stocks Move Into The Collateral Layer Until now, tokenized equities were largely a trading product. Using them…

Blockchain.com and NYSE Group are working on a distribution partnership that could give Blockchain.com’s more than 44 million confirmed accounts access to tokenized US-listed equities and ETFs through the NYSE’s digital ATS. The initiative, announced on Sept. 23, remains subject to regulatory approvals and is aimed at expanding the reach of tokenized securities among crypto-native investors. The MOU also covers market data, with ICE Data Services potentially distributing Blockchain.com’s crypto data and analytics to traditional market participants. Blockchain.com, meanwhile, plans to add selected NYSE and ICE data feeds to its platform, bringing real-time stock information to its global user base.…

EU rules require stablecoins issued by electronic-money institutions to keep at least 30% of their reserves in commercial-bank deposits, rising to 60% for significant tokens. Britain’s policy for systemic sterling stablecoin reserves excludes those deposits from coin backing. European central banks now want to remove the EU requirement, bringing the two approaches closer on the risk banks pose to stablecoin reserves.Reuters reported on Sept. 22 that the European System of Central Banks, comprising the European Central Bank and EU national central banks, recommended replacing the compulsory bank-deposit share under the Markets in Crypto-Assets regulation with minimum reserve percentages in assets…

Bitcoin SV [BSV] delivered a 14% gain in the past day as the bulls continued to pull more capital into the market. According to the available data, investors from one major region have largely driven the gain. CoinMarketCap reports that the majority of the trading volume for BSV across centralized and decentralized exchanges came from Asian investors through Upbit as the main venue. This accounts for $38 million in traded volume at press time. Their influence remains key as they also impact major global exchanges like Binance and OKX, which typically drives asset volume. Source: CoinMarketCap A growth in volume…

Solana generated more user fees than Ethereum in data provider DefiLlama’s Sept. 22 dashboard snapshot, while Ethereum burned more fees. The split shows that users’ spending can reach validators and applications without producing an equivalent benefit for someone simply holding the network’s coin. The data provider’s Solana overview showed about $1.1 million in chain fees over 24 hours and $117,138 in reported chain revenue. Ethereum’s overview showed $649,423 in fees and $226,298 in revenue. For these two networks, the revenue measure tracks fees reported as burned, removing tokens from supply without paying holders cash. Solana also led on displayed seven-day…

Enterprises racing to deploy autonomous software are running into a simple but thorny question: how do you know an AI agent acting on your behalf is actually authorized to do so? Hashgraph Group (THG), a Swiss Web3 and AI firm, says it has an answer, and it just got a major distribution boost. The company has secured a listing for its AI agent identity tool on IBM’s cloud marketplace, alongside a global partnership with the U.S. technology giant, according to reporting from Investing.com. Key takeaways Hashgraph Group’s IDTrust platform is now listed on the IBM Cloud Catalog, exposing it to…