Crypto World
A Guide to Its Privacy-Focused Blockchain Ecosystem
Beldex presents a privacy-oriented blockchain ecosystem that aims to enable confidential, censorship-resistant digital interactions.
It’s common knowledge that transaction details on most public blockchains are transparent and traceable. Beldex, on the other hand, focuses on embedding privacy at the protocol level by combining confidential transactions with additional tools designed to protect browsing activity, communication, and digital identity.
At the heart of its ecosystem is the BDX token, which serves as the network’s native utility asset. It is used for a range of purposes, such as paying transaction fees, participating in masternodes, interacting with applications built within the Beldex ecosystem, and more.
While the project originated as a privacy-focused one, it has vastly expanded its scope to include decentralized networking, messaging, and identity services. This broader approach aims to position it as more than just a single-purpose privacy coin and to provide an integrated infrastructure for private digital activity.
Core Vision and Mission
The team has a clearly stated mission, which is centered on making privacy the default layer of digital interaction. Beldex is built around the idea that every user should be able to retain control over their financial data, online identities, and communications, without having to rely on centralized intermediaries.
That said, the core objectives of the project include:
- Transaction privacy
- Communication privacy
- Network privacy
- Decentralized identities
Beldex doesn’t just focus on financial transfers, but instead aims to create a layered stack of privacy-oriented capabilities. This includes decentralized networking infrastructure, user-facing applications such as browsers and messaging tools, blockchain-level confidentiality, and more.
History and Evolution
Initially launched in 2018 as a fork of Monero, in its early phases, Beldex operated under the proof-of-work (PoW) consensus algorithm, similar to how Monero functioned.
In December 2021, three years later, the team transitioned from Proof-of-Work to Proof-of-Stake (PoS), marking a significant structural shift in how the network functioned.
Under PoS, validators (known as masternodes) must lock up a minimum amount of 10000 BDX tokens to participate in governance and validate blocks.
There were a few factors that motivated this particular decision to transition:
- Improved efficiency
- Faster block times
- Lower transaction costs
- Higher throughput and scalability
- Opportunities for broader participation
In essence, this evolution from a Monero-derived privacy coin into a fully-fledged, independent PoS-based privacy infrastructure underscores its intent to expand.
Privacy and Cryptographic Foundations
As mentioned above, privacy in Beldex is embedded directly at the protocol level – it’s not an optional add-on. The network introduces additional upgrades, but also inherits several core privacy mechanisms from its origins as a fork of Monero.
On-Chain Privacy Mechanisms
Beldex leverages multiple cryptographic techniques to conceal transaction metadata.
Ring Signatures
Ring signatures are designed to allow a sender’s transaction to be mixed with several inputs – known as decoys. Observers can verify that one of the inputs is valid, but they cannot determine which one exactly initiated the transaction.
Stealth Addresses
The way transactions work on Beldex is that, instead of sending funds to a static public address, the network generates a one-time destination address for every transaction. Of course, the recipient can detect and spend the funds using their own private keys, but outside observers can hardly link multiple payments to the same recipient.
Ring Confidential Transactions (RingCT)
The goal of RingCT is to hide the amount that’s being transferred in a transaction. The network itself can verify that no coins are created or destroyed legitimately, but the transferred value itself is not visible to the public.
Bulletproof++
Through its Obscura update, Beldex integrated Bulletproof++ range proofs. These are designed to reduce the size of confidential transaction proofs. Smaller proofs, for their part, help with scalability, reduce the verification overhead, and lower transaction costs.
These mechanisms ensure that:
- Transaction amounts remain hidden
- Recipient addresses are unlinkable
- Sender identities are obfuscated
Network-Level Privacy
Even though transaction privacy protects on-chain information, metadata can still potentially be exposed at the network layer itself.
To combat this, Beldex incorporates:
- Decentralized node infrastructure
- Ongoing plans to implement routing improvements such as Dandelion++
- Integration with its own privacy network, BelNet
Consensus
As you already know, in December 2021, Beldex transitioned from a Proof-of-Work to a Proof-of-Stake governance model, and in doing so, replaced miners with stake-based validators known as masternodes.
Proof-of-Stake Model
Under PoS, validators are required to lock a minimum of 10,000 BDX to operate a masternode. In doing so, they become responsible for:
- Validating transactions
- Producing new blocks
- Securing the network
- Supporting ecosystem infrastructure components
The block times were also reduced considerably following the transition, which aimed to improve both latency and throughput.
Masternodes as Network Backbone
Undoubtedly, the core of the network are masternodes, which, beyond validation, they also support:
- Maintaining uptime, validating transactions, and securing the chain
- Protocol enforcement and consensus integrity
- Network services that are associated with privacy applications such as BChat, BelNet, and the Beldex Browser
- Infrastructure for decentralized services within the ecosystem
Operators receive staking rewards because they maintain the network’s uptime and also perform validation duties. However, as with many PoS systems, this requires a certain capital commitment.
Native Token: BDX
BDX serves as the native utility token of the network and functions as an economic layer, powering transactions, staking, validator participation, as well as interaction with the broader ecosystem.
Some of its core utilities include, but are not limited to:
- Transaction fees
- Staking and masternodes
- Ecosystem services
- BNS identity registrations
- Cross-chain usage
Keep in mind that BDX is positioned as a utility token within a broader infrastructure that also includes decentralized networking, identity services, and messaging.
Beldex: The Ecosystem
Beyond a confidential blockchain, Beldex extends into offering a set of privacy-oriented applications.
BChat
BChat is a decentralized privacy messaging app that is developed within the broader Beldex ecosystem. Its purpose is to provide a peer-to-peer, private communication without having to rely on centralized servers.
Some of the most important characteristics include:
- Decentralized infrastructure
- Decentralized message routing
- End-to-end encrypted messaging
- Optional use of the Beldex Name Service usernames instead of public keys
BelNet
BelNet is a decentralized virtual private network, as well as an onion-routing network that’s developed to anonymize internet traffic.
Instead of having to route traffic through a single centralized provider, BelNet distributes it across many nodes.
Some of its intended functions include:
- IP address masking
- Censorship resistance
- Community-run masternode relays and exit nodes
- Reduced dependency on centralized VPN operators
Beldex Browser
The Beldex Browser is focused on privacy and designed to block trackers, intrusive ads, and more.
It’s positioned as a user-friendly gateway into the broader Beldex privacy stack, combining traditional web browsing with decentralized networking tools.
Some of its features are:
- Tracker and ad blocking
- Censorship-free browsing
- Integration with BelNet for built-in anonymized browsing
Beldex Name System
Also known as BNS, the Beldex Name Service is a decentralized naming service that’s designed to map human-readable names to blockchain addresses. For example, yourname.bdx would be equivalent to your public address.
Some of its aims include:
- Enabling censorship-resistant domain ownership
- Simplifying user interaction with crypto addresses
- Providing consistent identities across Beldex apps and the ecosystem
Pros and Cons
Let’s address some of the key strengths of Beldex, as well as some of the challenges that it will inevitably have to face.
Pros/Strengths
- Ongoing technical development
- Ecosystem diversification
- Energy-efficient consensus mechanism
- Protocol-level confidentiality
- Integrated privacy architecture
Cons/Challenges
- Questionable broader regulatory environment
- Adoption competition
- Technical complexity
Conclusion
All in all, Beldex is building a privacy-focused blockchain project that has evolved from a Monero-based Proof-of-Work cryptocurrency into a broader, standalone ecosystem centered on confidential digital infrastructure.
Beyond what’s currently implemented, Beldex has also outlined additional enhancements, including VRF-based validator selection, Dandelion++ routing for network-layer obfuscation, and further research into Fully Homomorphic Encryption and Post Quantum Cryptography.
These initiatives suggest a continued focus on improving both privacy and security guarantees as well as the consensus’s overall robustness.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
Peter Schiff, a well-known Bitcoin critic and gold advocate, has raised concerns about MicroStrategy’s ongoing Bitcoin acquisition strategy.
Summary
- Peter Schiff says MicroStrategy Bitcoin funding model may increase shareholder dilution through repeated share issuance.
- Company shifts toward 11.5% yield preferred shares as earlier funding methods become less effective.
- Debate continues as analysts disagree whether MicroStrategy faces risk or retains financial flexibility.
The company has continued to expand its holdings through a mix of debt and equity issuance.
Schiff stated that MicroStrategy’s approach is becoming harder to sustain under current market conditions. He said “the company is shifting toward more expensive capital” while referencing recent financing changes linked to preferred shares.
He added that earlier funding methods, which included issuing shares at higher valuations, are becoming less effective in the present environment.
MicroStrategy has recently relied more on preferred share offerings with higher yield obligations. Schiff noted that the company is now issuing instruments with yields around 11.5 percent.
He said ”these obligations cannot be covered by software earnings alone” when describing the firm’s financial position. The company’s core software business has limited profit contribution compared to its Bitcoin exposure.
Schiff stated that funding future purchases may require additional issuance of preferred shares, discounted equity, or Bitcoin sales. He argued this could increase pressure on shareholders through dilution over time.
Claims of structural risk and market reaction
Schiff described the company’s financing approach as vulnerable if market conditions weaken. He said the structure depends heavily on continued access to capital markets.
Canadian billionaire Frank Giustra also commented on the strategy, calling it ”a giant ponzi that will unravel when the next financial crisis hits” according to remarks cited in reports. He suggested that macroeconomic stress could expose weaknesses in the model.
The comments reflect ongoing debate over corporate treasury strategies that rely on digital assets as a primary reserve.
Additionally, market research group BitMEX Research provided a different view on MicroStrategy’s approach. The firm stated that MicroStrategy is not under forced liquidation pressure and still has financial flexibility.
BitMEX Research said ”nobody is forcing MSTR to do this” and described the strategy as potentially beneficial under current conditions. It noted that the company can adjust financing terms, including coupon rates, instead of selling assets.
The discussion continues as MicroStrategy maintains one of the largest corporate Bitcoin holdings while using structured financial instruments to support its accumulation strategy.
Bitcoin foreshadows fresh market mayhem as it appears that the US-Iran war has returned, including the closure of the Strait of Hormuz oil route.
Bitcoin (BTC) sought to protect $75,000 into Sunday’s weekly close as crypto surfed fresh uncertainty over the US-Iran war.
Key points:
-
Bitcoin price action sinks from ten-week highs amid fears that the US-Iran war has returned in full force.
-
Iran closes the Strait of Hormuz, bringing back the risk of an oil-price surge.
-
BTC price action faces ongoing resistance at a 21-week trend line into the weekly close.
Bitcoin abandons highs as US-Iran war fears return
Data from TradingView showed BTC price pressure reentering after a trip to ten-week highs of $78,400 on Friday.
Mixed signals from US and Iranian sources characterized the weekend, with an assumed ceasefire and mutual agreements between the two sides now seemingly undone.
Among the latest developments was the repeat closure of the Strait of Hormuz, putting the focus on oil futures on the day. News of a ceasefire had sent WTI crude below $80 per barrel for the first time since March 10.
“We expect an eventful Sunday ahead,” trading resource The Kobeissi Letter summarized in ongoing analysis on X.
As BTC/USD circled local highs, and sentiment with it, market participants stayed cautious. Trading resource Material Indicators noted that the entire market mood could flip on relatively little input, such as a social media post.
“Sentiment is overwhelmingly bullish at the moment, but that could change with one Tweet in the coming days. Know your invalidations,” it told X followers.
Data from CoinGlass showed long positions coming under fire during the BTC price retracement, with total crypto liquidations at $260 million over the past 24 hours.
BTC price capped by resistance trend line
Continuing, trader Daan Crypto Trades eyed a potential gap in CME Group’s Bitcoin futures market opening as a result of the weekend comedown.
Related: Bitcoin can grow ‘probably a lot bigger’ than $30T+ gold market — Analysis
As Cointelegraph reported, such gaps often act as short-term price magnets when the new week begins.
“It’s going to be interesting to see the futures open today and how $OIL will react to the recent headlines regarding the strait,” he added.
Looking at the weekly close, trader and analyst Rekt Capital placed importance on Bitcoin’s 21-week exponential moving average (EMA) near $78,900.
“Bitcoin is rejecting from the 21-week EMA (green),” he observed alongside the weekly chart.
“It is this rejection that could force a post-breakout retest of the top of the Double Bottom (~$73k) next week, provided Bitcoin Weekly Closes just like this.”
This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.
World has rolled out upgrades to its World ID protocol, positioning it as a wider digital identity layer for online verification.
Summary
- World ID now serves 18 million users across 160 countries with identity verification tools.
- System uses biometric scanning and cryptography to confirm humans without storing personal data.
- New features aim to block bots, deepfakes, and AI agents in digital platforms.
The system is designed to confirm whether an online user is a real person while keeping personal data private.
The network is currently used by close to 18 million people across around 160 countries. It aims to address growing issues linked to bots, automated accounts, and AI-generated identities in online environments.
World ID uses cryptographic methods to confirm uniqueness without sharing personal data. The system relies on an Orb device that scans biometric features and generates a secure anonymized identifier for each user.
The upgraded system introduces one-time-use nullifiers to prevent tracking across different services. These tools allow users to prove identity without exposing personal information or linking activity between platforms.
World ID also includes multi-key support, session control, and account recovery features. These functions are designed to improve system stability and support enterprise-level use while maintaining user control over identity data.
The company stated ”only cryptographic proofs are utilized, no personal information is stored” when describing how the system handles user data, according to project documentation.
Furthemore, World ID is being integrated into various digital services that require user verification. The system is used in areas such as ticketing platforms, gaming services, and online dating applications.
Examples include identity checks on platforms like Tinder and ticket systems designed to reduce automated resale. Tools such as Concert Kit aim to limit scalping by ensuring ticket buyers are verified individuals.
In enterprise use cases, the system has been linked to digital agreement tools and video verification services. Platforms such as DocuSign and Zoom are cited as potential integration points for human verification features.
Expansion toward AI and automated systems
The protocol also extends to AI agent environments. Developers can require human approval before automated systems complete sensitive actions or transactions.
World ID allows AI agents to be linked to verified human users. This setup is designed to support controlled automation in areas such as digital commerce and workflow systems.
The project stated ”the system enables accountability in automated environments” when describing its approach to AI integration. The focus remains on distinguishing human users from automated agents while maintaining privacy protection across digital platforms.
Former UK Prime Minister Rishi Sunak warned that the United States will recover from the 2026 Iran war far faster than the United Kingdom and Europe, calling America “the indispensable nation.”
Sunak argued that structural advantages give the US a larger buffer against geopolitical shocks. As a net energy exporter, America is shielded from the oil price spikes that have hammered import-dependent economies since the conflict began on February 28.
Why Europe Faces Greater Risk
In his column, the former prime minister pointed to a sharp asymmetry between the US and European economies.
Trade accounts for roughly 25% of US GDP, compared to 60-70% for the UK. That gap means disrupted supply chains and higher energy costs hit European economies harder.
Since the Strait of Hormuz was disrupted in early March, Brent crude surged past $119 per barrel, levels last seen in June 2022. A fragile two-week ceasefire brokered in early April brought temporary relief, but oil still trades above $90.
Sunak also warned that post-WWII security arrangements are fraying. NATO allies have long underinvested in defense while relying on US commitments.
A more transactional American foreign policy, regardless of which administration holds power, accelerates that reckoning.
Sunak, who championed the UK’s ambition to become a global crypto hub during his time in office, framed his warning as a call for Europe to invest in energy independence, defense autonomy, and economic resilience rather than hoping the old transatlantic order returns intact.
The coming weeks will test whether the fragile ceasefire holds or whether a fresh escalation deepens Europe’s economic exposure.
The post Rishi Sunak Warns Europe Faces Deeper Iran War Fallout Than the US appeared first on BeInCrypto.
The BNB price prediction got a boost after BNB Chain destroyed 1.57 million tokens worth $1.02 billion in its 35th quarterly burn, dropping total supply to 134.79 million as the network pushes toward its 100 million target. That is real deflationary pressure hitting a token that already leads all Layer 1 networks with 4.5 million daily active users in Q1 2026.
But BNB gives you one way to earn: hope the price goes up. If it trades sideways for three months, your capital sat still. This breaks down where BNB heads next, why the burn matters, and how one presale pays two ways instead of one.
BNB Chain completed its 35th quarterly auto burn on April 15, removing 1,569,307 BNB from supply according to the BNB Chain Blog. The transaction is publicly verified on BSC. Blockchain.news confirmed remaining supply at 134.79 million, meaning 34.79 million more tokens still need to burn before hitting the 100 million target.
The burn follows the Fermi hard fork that cut block time to 0.45 seconds, and the network targets 20,000 TPS with sub second finality by end of 2026. Real usage drives the burns, not just price. And the presale that earns from two directions while BNB earns from one sits where utility meets the kind of entry that listings reprice overnight.
Why Holding BNB Alone Is Not Enough in 2026
BNB Gives You One Shot and Pepeto Gives You Two
You hold BNB after it dropped from $1,370 to $621, and the only way you make money is if the price climbs back, so if it trades sideways for three months your wallet shows zero gains because a single bet on direction delivers no yield and earns nothing during the wait.
Pepeto works differently by staking at 181% APY that adds tokens to your wallet daily regardless of market direction, so your holdings expand even during flat weeks as the first layer of returns, while the Binance listing eventually opens the gates and reprices the token to reflect what a working exchange handling real volume across three chains is actually worth, giving you two separate engines paying you instead of one hope and a prayer.
The cofounder who built Pepe to $7 billion designed it this way because one way to earn is not enough when half the market sits below all time highs, and PepetoSwap connects every blockchain with zero fee trading while the cross chain bridge handles Ethereum, BNB Chain, and Solana without gas and an AI scanner filters risky tokens before they appear, with SolidProof auditing every contract before the presale opened and $9.21 million entering during the same drawdown that took BNB from $1,370 to $621.
BNB (Binance Coin) Price at $621 as Quarterly Burn Shrinks Supply
BNB trades at $621 according to CoinMarketCap after rising 2% on the burn news. The token sits inside a $580 to $680 range, with the middle band acting as resistance. BNB Chain leads all Layer 1s with 4.5 million daily active users in Q1 and 322 million total holders, more than Ethereum’s 305 million.
Coinpedia targets $1,000 by Q3 if $600 holds, and Changelly projects a max of $1,121 for 2026. Even the bullish case from an $85 billion market cap cannot deliver the multiples a presale at six decimal zeros creates.
Final Takeaway
Every cycle teaches the same lesson, which is that the people who earned while they waited came out ahead no matter which way the price eventually moved, and the early BNB holders who bought at $0.15 and rode it to $700 did not just sit on price action, they earned exchange rewards along the way, and that same model is exactly what Pepeto offers right now at presale while BNB just burned a billion dollars in tokens and the chart barely flinched because burns alone do not create returns.
Pepeto pays from two directions starting today, with 181% APY compounding in every wallet that already moved and the Binance listing resetting the token permanently the moment the market gets access, and $9.21 million collected during extreme fear proves the conviction is backed by real capital from wallets that ran the math, so once this window closes the entry you see right now will only exist in the portfolios of the people who acted while the rest of the market was still deciding whether to believe it.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the BNB price prediction after the $1 billion token burn?
BNB targets $680 to $1,000 in 2026 as quarterly burns shrink supply toward 100 million. Pepeto at presale pricing with 181% APY and a confirmed Binance listing offers higher return potential from a lower base.
What is Pepeto and why is it the best meme coin presale of 2026?
Pepeto is a meme coin presale combining viral energy with real utility through PepetoSwap zero fee exchange, a cross chain bridge, and an AI contract scanner. It has raised $9.21 million with 181% APY and a confirmed Binance listing led by the Pepe cofounder.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
Poland’s Crypto Regulation Bill Blocked Again as Presidential Veto Stands for the Second Time
TLDR:
- Poland remains the only EU member state yet to comply with the bloc’s 2024 crypto-asset directive.
- Parliament secured 243 votes to override the veto but fell 20 votes short of the required 263 threshold.
- Finance Minister Domański warned the regulatory gap turns Poland’s crypto market into a fraud haven.
- PM Tusk alleged Zondacrypto was founded with Russian mafia funds, citing Polish intelligence agencies.
Poland’s crypto regulation bill has suffered another setback after a second failed parliamentary vote. On Friday, 243 MPs voted to override President Karol Nawrocki’s veto, short of the 263 required.
This marked the second unsuccessful attempt by Prime Minister Tusk’s government to advance the bill. The legislation seeks to align Poland with EU crypto-asset rules active since 2024. Poland remains the only EU member state yet to comply with the directive.
Parliament Falls Short of Override Threshold Again
Friday’s vote was the second parliamentary attempt to override Nawrocki’s veto on the crypto regulation bill. The first veto was issued in December last year.
In the latest count, 191 MPs supported the veto while 243 voted against it. Neither figure reached the 263-vote threshold needed to reverse the president’s decision.
Tusk’s coalition argues the bill is vital for protecting consumers and investors in Poland. The government says it would shield the crypto market from foreign exploitation and sabotage.
It would also strengthen Poland’s standing in the EU’s broader regulatory framework. The coalition views compliance with EU crypto standards as an urgent national priority.
President Nawrocki, backed by the opposition Law and Justice party, has vetoed the bill twice. His office cited overregulation, lack of transparency, and burdens on small businesses.
In December, the president’s office stated the bill “threatens the freedom of Poles, their property and the stability of the state.” Nawrocki has since returned it to parliament for amendments on both occasions.
Finance Minister Andrzej Domański was direct in his response after Friday’s vote. He warned that without regulation, Poland’s crypto market becomes an “El Dorado for fraudsters.”
Domański added that investors risk losing savings without proper legal safeguards. He also noted the veto leaves consumers and entrepreneurs exposed to unfair market practices.
Zondacrypto Allegations Deepen the Political Dispute
The debate has also centered on Zondacrypto, Poland’s largest cryptocurrency exchange. The platform lobbied against Tusk’s regulatory bill.
Citing the ABW domestic security agency, Tusk accused CEO Przemysław Kral of funding foundations linked to opposition figures. Among them is former Justice Minister Zbigniew Ziobro, who faces multiple charges in Poland.
On Friday, Tusk escalated his claims, alleging Zondacrypto was founded with Russian mafia money. He also alleged ties between the platform and Russian intelligence services.
“The problem is that this company, with such sources, has become a company that sponsors political and social events in Poland and promotes very specific political forces,” Tusk said. Polish intelligence agencies were cited as the basis for those claims.
Kral denied the allegations and rejected reports of operational issues at Zondacrypto. Those reports cited withdrawal difficulties and unpaid sponsorship partners.
He added that he does not hold the key to a $330 million crypto wallet. Former CEO Sylwester Suszek, who vanished in 2022, reportedly never transferred it to him before disappearing.
Interior Minister Marcin Kierwiński confirmed the government will press on with crypto regulation. He stated the effort will continue “until we succeed, until the awareness of the threats and these strange interests connecting certain right-wing politicians with this exchange finally reaches the president.”
Poland’s path to EU crypto compliance remains politically contested. The government remains committed to achieving full regulatory alignment with the EU.
Bitcoin developer and Hashcash creator Adam Back has responded to concerns raised by Nic Carter regarding a possible quantum computing milestone in 2029.
Summary
- Adam Back rejects claims that 2029 quantum computing threatens Bitcoin’s cryptographic security.
- Google quantum timeline seen as research milestone, not practical tool for breaking Bitcoin encryption.
- Bitcoin developers work on post-quantum upgrades including new secure address and signature systems.
Carter had suggested that advances in quantum systems could challenge Bitcoin’s cryptographic security.
Back dismissed the concerns during recent comments, stating that software protection continues to improve alongside hardware developments. He also responded to claims that Bitcoin could become exposed to quantum attacks, noting that current fears are based on future assumptions rather than present capability.
Back said ”2029 is a milestone in cloud quantum systems, not a tool for breaking cryptography” when referring to Google’s research direction, according to the discussion referenced in reports.
The discussion centers on whether quantum computing could generate enough processing power to break Bitcoin private keys. Experts cited in the debate note that this would require millions of stable logical qubits with full error correction.
Current quantum systems remain in early development stages and operate under controlled laboratory conditions. These systems are not yet capable of performing cryptographic attacks at scale.
Back stated that most projections place such capability beyond the current decade, based on limitations in hardware stability and error correction progress.
Moreover, work on post-quantum cryptography within the Bitcoin ecosystem is already ongoing. Developers are testing upgrade paths that could introduce quantum-resistant address types.
These proposals include research linked to upgrade paths such as BIP-361 and similar signature schemes. The aim is to allow users to move funds to new address formats if needed through network upgrades.
Back noted that “”software protection evolves faster than hardware threats”” when describing the pace of development in Bitcoin security measures compared to quantum computing progress.
Network upgrade path and long-term planning
Bitcoin’s structure allows for protocol changes through coordinated upgrades known as soft forks. Developers have indicated that quantum-resistant features could be introduced if required without immediate disruption to the network.
Quantum computers remain in experimental stages and are not widely deployed for commercial use. Current systems do not yet present direct risk to blockchain cryptography based on existing technical standards.
The debate continues within the crypto and academic community as research into quantum computing advances and Bitcoin developers maintain focus on long-term security planning.
RaveDAO (RAVE) lost over 95% of its value in a single day, erasing $6.3 billion from its market cap after allegations of insider manipulation sent the token into freefall.
The collapse followed a parabolic rally that saw RAVE gain over 10,000% in two weeks, briefly pushing it into the top 20 cryptocurrencies by market capitalization.
Bitget CEO Gracy Chen Compares RAVE Crash to 2021 GameStop Frenzy
As of this writing, RaveDAO’s powering token, RAVE, is down 95% over the last 24 hours, almost reaching its floor price after topping out at $28.89 on Saturday.
Bitget CEO Gracy Chen compared the RAVE collapse to the 2021 GameStop (GME) short squeeze. She noted that GME, a struggling retailer with a fair value of $10 to $20, reached $483 on collective action alone.
Chen identified FOMO, tribal identity, and self-fulfilling prophecy as the psychological forces behind both events. She argued RAVE followed the same playbook, with X (Twitter) replacing Reddit and a meme coin replacing a physical stock.
On-chain analyst ZachXBT had previously flagged suspicious wallet movements, alleging that insiders held roughly 90% of RAVE’s circulating supply across three wallets.
Two wallets reportedly moved millions of tokens into Bitget during the token’s peak.
RaveDAO Responds to Allegations
RaveDAO denied responsibility for the price action. The team said it was exploring performance-triggered token locks and pledged to donate 20% of event profits to philanthropic causes.
Meanwhile, analyst Kyle Doops noted RAVE moved from euphoria to wipeout in days. Some traders also reported being unable to close positions on exchanges, raising further concerns about how platforms handled the volatility.
Still, some users have called out Bitget for its handling of the RAVE incident, describing the exchange’s response as immature and unprofessional.
Critics argued that liquidating user positions on both sides of the trade set a dangerous precedent. Several compared Bitget to FTX, warning that trust, not capital, is the foundation of any exchange, and once lost, it may be impossible to recover.
Both Bitget and Binance have confirmed internal reviews of trading activity surrounding RAVE.
The post Bitget CEO Draws GameStop Parallel As RaveDAO (RAVE) Falls Nearly 100% appeared first on BeInCrypto.
The North Carolina Bankers Association urged member banks to call Sen. Thom Tillis’s office this week. The trade group wants a total ban on stablecoin yield payments in the CLARITY Act.
Leadership circulated an internal email with a pre-written script for bank employees. It described the current compromise language as insufficient to prevent deposit flight into stablecoins.
Banking Lobby Escalates Pressure on Stablecoin Yield
An employee at a small Wilmington-based bank reportedly shared the email, with leadership distributing it on behalf of NCBankers.
The script demands what it calls “an airtight prohibition” on yield tied to holding payment stablecoins. It also targets carve-outs for loyalty programs and nominal activity.
Employees were told they did not need to answer questions or defend their positions. The email stated they should simply deliver the message and end the call.
CLARITY Act Markup Approaches With Unresolved Yield Dispute
The lobbying effort comes as the Senate Banking Committee prepares a markup of the CLARITY Act.
Senators Tillis and Angela Alsobrooks brokered a compromise in March that bans passive yield but permits activity-based rewards tied to transactions.
Banks argue that those carve-outs still enable a de facto yield on stablecoin holdings. However, a White House Council of Economic Advisers report challenged that argument.
Full yield allowance would displace only $2.1 billion in lending, just 0.02% of total loans.
The CLARITY Act passed the House 294-134 in July 2025. A Senate Banking Committee markup was targeted for late April, though the schedule remains fluid.
The post NC Bankers Push For Stablecoin Yield Ban on the CLARITY Act appeared first on BeInCrypto.
Alcoa is in advanced discussions to sell its Massena East smelter site in upstate New York to New York Digital Investment Group (NYDIG).
Summary
- Alcoa is in advanced talks to sell Massena East smelter site to NYDIG.
- NYDIG aims to expand Bitcoin mining operations using hydropower-linked industrial infrastructure in New York.
- Massena East site has been idle since 2014 and spans about 1,300 acres.
The update was shared by Alcoa chief executive Bill Oplinger in comments reported on Friday. Oplinger stated that the transaction “should be done in the middle part of this year” if the process continues as planned. The site is part of a wider effort by Alcoa to offload around 10 idle US smelter properties.
The Massena East facility sits along the St. Lawrence River and covers about 1,300 acres. It has been inactive since 2014 after high energy costs and global competition reduced domestic production viability.
NYDIG, a Bitcoin financial services company, would become the owner of the site if the deal is completed. The firm has already been active at the location through its partnership with Coinmint.
NYDIG took a strategic stake in Coinmint in October 2024. Coinmint operates Bitcoin mining hardware at the Massena campus under a long-term lease agreement signed with Alcoa in 2018.
The facility has access to hydropower from the New York Power Authority, which supports large-scale mining operations. The site has also been used as a hosting location for mining infrastructure over recent years.
Additionally, Coinmint has hosted mining equipment for several firms, including CleanSpark, Gryphon, and Bit Digital. Some of these clients exited as NYDIG increased its operational role at the site.
Mintvest Capital, a minority shareholder in Coinmint, filed a lawsuit earlier in the year. The claim stated that NYDIG had “effectively acquired Coinmint for roughly $200 million,” according to court filings referenced in reports.
The dispute remains part of ongoing legal proceedings related to ownership structure and valuation of the mining operation.
Shift in Industrial Sites Toward Digital Infrastructure
The sale of Massena East follows a broader trend of industrial sites being repurposed for digital infrastructure. Former smelters and heavy industrial facilities are increasingly being evaluated for data center or mining use.
Other companies have followed similar paths. Century Aluminum sold its Hawesville, Kentucky smelter to TeraWulf for $200 million, with plans for high-performance computing and artificial intelligence workloads rather than mining alone.
NYDIG has also expanded its mining capacity through acquisitions. The firm purchased assets from Consensus Technology Group and later agreed to acquire Crusoe Energy’s Bitcoin mining business. These moves added more than 390 MW of combined capacity across multiple US locations.
The Massena East deal would further extend NYDIG’s position in large-scale mining infrastructure tied to industrial power access and long-term energy contracts.
Peter Schiff raises concerns over MicroStrategy’s Bitcoin funding strategy
5 Forgotten ’80s Westerns That Are Still Perfect Today
Ben McKenzie discusses his distrust of Bitcoin and cryptocurrency
-
NewsBeat7 days agoPep Guardiola and Gary Neville agree over Arsenal title problem that benefits Man City
-
Crypto World6 days agoThe SEC Conditionalises DeFi Platforms to Be Avoided for Broker Registration
-
Fashion2 days agoWeekend Open Thread: Theodora Dress
-
Politics7 days agoWorld Cup exit makes Italy enter crisis mode
-
Crypto World6 days agoSEC Signals Exemption for Crypto Interfaces From Broker Registration
-
News Videos4 days agoSecure crypto trading starts with an FIU-registered
-
Sports2 days agoNWFL Suspends Two Players Over Post-Match Clash in Ado-Ekiti
-
Crypto World5 days agoSEC Proposes Certain Crypto Interfaces Don’t Need to Register as Brokers
-
NewsBeat5 days agoTrump and Pope Leo: Behind their disagreement over Iran war
-
Politics2 days agoPalestine barred from entering Canada for FIFA Congress
-
Crypto World2 days agoRussia Pushes Bill to Criminalize Unregistered Crypto Services
-
Sports6 days agoNWFL opens Pathway for new Clubs ahead of 2026 Season
-
Crypto World6 days agoTrump whales load up ahead of Mar-a-Lago luncheon.
-
Business3 days agoCreo Medical agree sale of its manufacturing operation
-
Business6 days ago
Kering slides after Morgan Stanley downgrade, Gucci woes loom
-
Entertainment5 days agoBrand New Day’ Footage Reveals the Devastating Impact of ‘Now Way Home’
-
Politics3 hours agoZack Polanski demands ‘council homes not luxury flats for foreign investors’
-
Crypto World7 days ago
Sei Network Enters Quiet Reset Phase as On-Chain Metrics Signal a Slowdown in 2026
-
Tech6 days agoGoogle adds E2E encryption to Gmail for iOS and Android enterprise users
-
Tech6 days agoApple glasses won’t go brand shopping like Meta did with Ray-Ban and Oakley
You must be logged in to post a comment Login