OneLiners
Investor Highlights New Quantum Threat to Bitcoin
Early quantum technology investor Andrew Gault stated that the primary risk to Bitcoin infrastructure is not the hacking of wallet keys, but rather the interception of encrypted traffic between exchanges, custodians, and banks using a "collect now, decrypt later" scheme. Meanwhile, Google has planned a transition to post-quantum cryptography by 2029.Celsius Founder Seeks to Overturn 12-Year Fraud Sentence
Alex Mashinsky, the founder and former CEO of Celsius, has filed a motion in court to overturn his 12-year prison sentence, citing ineffective defense, a conflict of interest with attorneys from Mukasey & Young LLP, and the application of the "fruit of the poisonous tree" doctrine. In his appeal, he also linked Celsius's losses to alleged actions by Sam Bankman-Fried involving CEL and stETH tokens. Mashinsky had previously pleaded guilty to securities fraud charges.Stellar Surges 30% Amid Market Movements
According to TradingView, Stellar led the daily growth in the crypto market with a 31.56% increase. Following were Audiera (+18.84%), Lighter (+17.09%), Injective (+16.88%), and Monero (+15.01%). Meanwhile, Genius Terminal (-23.37%), Pendle (-7.31%), Plasma (-6.71%), and NEAR Protocol (-6.56%) were among the decliners. In terms of market capitalization, Bitcoin leads with $1.47 trillion, followed by Ethereum ($242.98 billion), USDT ($188.25 billion), BNB ($89.17 billion), XRP ($83.37 billion), and USDC ($75.98 billion).Sui Network Experiences Second Outage in Two Days
On May 29, the L1 blockchain Sui once again halted block production. At the time of writing, the pause has lasted approximately 1 hour and 30 minutes. The development team has reported that they are actively investigating the incident.We use cookies to improve the quality of our service.
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