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CryptoQuant Founder Proposes Freezing Old Bitcoin Addresses to Prevent Quantum Attacks

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CryptoQuant Founder Proposes Freezing Old Bitcoin Addresses to Prevent Quantum Attacks


Bitcoin may need drastic fix against quantum threats as CryptoQuant founder urges freezing inactive wallets holding billions in BTC.

Ki Young Ju, founder of CryptoQuant, has proposed that a future Bitcoin (BTC) quantum upgrade may require freezing old addresses to protect against potential theft by quantum computers.

He also believes that addressing the risk would be challenging because the crypto community has historically struggled to agree on protocol changes.

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Solution to Quantum Risk

In a social media post, Ju explained that anyone holding BTC in old address types faces the same risk. This is because the digital assets could either be frozen by design or stolen if quantum machines evolve enough to break BTC’s cryptography. He added that even securely stored private keys could become useless if owners fail to adopt protocol upgrades in time.

“In simple terms, coins that appear perfectly safe today could become spendable by an attacker tomorrow,” warned Ju.

In response to the threat, the CryptoQuant founder has suggested freezing old addresses, including the one containing Satoshi’s 1 million BTC, to prevent them from being stolen or compromised.

“Would you support freezing dormant coins, including Satoshi’s, to save BTC from quantum attacks?” he asked.

Bitcoin’s security relies on cryptography that is effectively unbreakable by classical computers. However, quantum computers change this assumption. Under certain conditions, a sufficiently powerful machine of this kind could get a private key from an exposed public key.

Once a public key is revealed on-chain, the risk is permanent. Ju estimates that roughly 6.89 million BTC are currently exposed to such attacks. Data shows that about 3.4 million BTC have been dormant for over a decade, including Satoshi’s stash, representing hundreds of billions of dollars in potential value. He explained that with so much value at risk, hackers could be very motivated if the technology becomes cheaper and easier to use.

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Social Consensus Challenges

Even if freezing dormant BTC is technically possible, achieving community agreement is still a major challenge. This is because such solutions move quickly, while social consensus happens slowly.

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The Bitcoin ecosystem has historically struggled with agreeing on protocol changes. This can be seen in the block size debate, which lasted more than three years and led to hard forks. Another example is the failed SegWit2x upgrade, demonstrating how difficult coming to an agreement can be.

Freezing coins, even to prevent quantum attacks, would likely face similar resistance because it conflicts with the OG cryptocurrency’s core philosophy of decentralization and user control.

Ju cautioned that the lack of full agreement could potentially lead to rival BTC forks as quantum technology progresses. According to him, the real question is not whether the threat will arrive in five or ten years, but whether the crypto community will be united on how to handle it before then.

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Elsewhere, Bankless co-founder David Hoffman believes that in the event of a quantum attack, ETH would continue functioning normally even if BTC were to fail because it has been long prepared for these challenges.

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Paradigm develops prediction markets trading terminal for pro traders: Fortune

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Paradigm develops prediction markets trading terminal for pro traders: Fortune

Paradigm is building a prediction markets trading terminal aimed at professional traders and market makers, with partner Arjun Balaji leading the effort since late 2025.

Venture capital firm Paradigm is developing a prediction markets trading terminal targeted at professional traders and market makers, according to Fortune. Paradigm partner Arjun Balaji is spearheading the project, which has been in development since late 2025. The move comes as Paradigm has emerged as one of the most active backers of prediction markets, participating in three successive funding rounds for leading platform Kalshi in 2025.

Paradigm’s push into prediction markets infrastructure reflects growing institutional interest in the sector. The venture firm’s involvement with Kalshi, combined with this new trading terminal development, signals deepening commitment to the prediction markets ecosystem as platforms like Kalshi and Coinbase’s prediction markets offering expand.

Sources: Fortune

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This article was generated automatically by The Defiant’s AI news system from publicly available sources.

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XRP Transactions on Binance Hit 2025 Low as Withdrawals Continue to Outpace Deposits

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XRP Transactions on Binance Hit 2025 Low as Withdrawals Continue to Outpace Deposits

TLDR:

  • XRP deposit transactions on Binance totaled 310,500 over the past 30 days, a yearly low figure.
  • Withdrawals reached 329,400, creating a net negative transaction balance of roughly -18,900 in total.
  • Transaction volumes once exceeded 6 million in a 30-day window before sharply declining in mid-2025.
  • Steady XRP outflows from Binance may reflect cold wallet transfers and long-term accumulation behavior.

XRP transaction activity on Binance has dropped to its lowest point this year. Over the past 30 days, deposit transactions totaled around 310,500, while withdrawals reached approximately 329,400.

This resulted in a net negative count of roughly -18,900 transactions. The data reflects a clear decline in trader and investor activity, pointing to a period of visible market stagnation.

Transaction Volumes Reach Year-Long Lows on Binance

XRP deposits and withdrawals on Binance were considerably higher earlier in the year. At certain points in 2025, total transactions exceeded 6 million within a single 30-day window.

A sharp decline began in mid-2025, and volumes have remained subdued since then. The current figures mark the lowest activity levels recorded since that earlier peak.

Source: Cryptoquant

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This drop in volume reflects reduced short-term trading interest across the platform. Fewer transactions generally correspond to lower speculative activity in the market.

As buying and selling pressures ease in tandem, price volatility tends to follow suit. The overall environment points to a quieter phase in XRP trading.

Earlier in 2025, stronger engagement from retail and institutional traders drove higher transaction counts. The mid-year reversal was swift, pulling volume down within a short timeframe.

Since then, no notable recovery has appeared in the available data. This extended period of low activity is consistent with the broader market slowdown.

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Fewer deposit transactions also suggest a reduced appetite for exchange-based trading. When assets enter platforms at a lower rate, traders are typically less active in short-term positioning.

This aligns with the declining engagement trend observed on Binance. Together, these factors suggest the market has entered a consolidation phase.

Net Negative Transactions Reflect Steady XRP Outflows From Binance

With withdrawals consistently outpacing deposits, a net negative transaction balance has formed. The -18,900 gap reflects a steady movement of XRP away from the Binance platform.

This outflow pattern has persisted throughout the 30-day observation period. Even at low volumes, sustained outflows carry relevance when tracked over time.

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This behavior is sometimes linked to accumulation strategies among longer-term holders. Some traders may be shifting XRP into cold wallets or private storage.

This is a common pattern during quieter market periods when speculation recedes. It does not signal selling pressure but rather a shift in asset management approach.

Moving assets off exchanges during calm periods is a recognized risk management strategy. It gradually reduces exchange-held supply, which is a measurable data point.

This trend does not indicate distress but rather deliberate repositioning by holders. Tracking this movement in the coming weeks will provide additional market clarity.

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The current XRP data shows reduced activity and steady outflows on Binance. Volumes remain at yearly lows, and assets continue moving off the platform.

These trends reflect observable exchange data. The market is in a low-momentum phase as traders await clearer direction.

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Polymarket Introduces Equity and Commodity Markets Powered by Pyth

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United Kingdom, Stocks, Tesla, Chainlink, Polymarket, Kalshi, Prediction Markets

Polymarket has added markets tied to equities, commodities and exchange-traded funds, using price data from blockchain oracle provider Pyth Network as the resolution source to determine outcomes for daily contracts.

The new markets include daily up-or-down and closing price contracts for major equity indexes, commodities such as gold and oil, and a range of US-listed stocks, with outcomes settled automatically based on Pyth’s real-time price feeds. The contracts reset at the end of each trading session.

According to the announcement, the offering includes more than a dozen US-listed stocks, including Tesla, Nvidia and Apple, alongside commodities and equity indices.

United Kingdom, Stocks, Tesla, Chainlink, Polymarket, Kalshi, Prediction Markets
Source: Pyth Network

By making Pyth the resolution layer for these markets, Polymarket is supplanting manual or exchange-specific references with a standardized data source aggregated from trading firms and market makers.

Zug, Switzerland-based Pyth said it also launched a data interface called Pyth Terminal, where users can track live price feeds and the reference values used to settle markets on Polymarket. Traders can follow a live “price to beat” that updates continuously as markets move.

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Polymarket allows users to take positions on the outcomes of real-world events, such as sports, elections, financial markets and weather, with contracts resolving based on whether specific conditions are met.

Last week, Intercontinental Exchange, the parent company of the New York Stock Exchange, said it had completed a $600 million cash investment in Polymarket and plans to acquire up to an additional $40 million in shares from existing holders as part of a broader multibillion-dollar commitment to the platform.

United Kingdom, Stocks, Tesla, Chainlink, Polymarket, Kalshi, Prediction Markets
Event contracts on Polymarket. Source: Polymarket

Related: Polymarket fee expansion boosts revenue amid regulatory pressure

Oracles expand beyond crypto into real-world data infrastructure

Oracle networks, which bring offchain data such as prices, foreign exchange rates and commodities onto blockchains, are expanding beyond crypto into financial, government and prediction-based applications.

Their role has begun to extend into official data systems, with Chainlink and Pyth Network selected by US government agencies to publish economic data onchain, including GDP and inflation metrics. The announcement sent the PYTH (PYTH) token up more than 70% on the day, lifting its market capitalization past $1 billion.

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The announcement comes as oracle providers are being used to power prediction markets and real-world event data, with RedStone integrating data from the CFTC-regulated platform Kalshi across more than 110 blockchains in October.

They are also playing a growing role in connecting crypto platforms to traditional financial markets. In January, Chainlink said it would roll out 24/5 price data for US equities and ETFs to crypto platforms, enabling trading, lending and derivatives tied to tokenized stocks beyond standard market hours.

The following month, Ondo Finance said it had integrated Chainlink as the data provider for tokenized US equities on its Ondo Global Markets platform, where the feeds are used to support lending and collateralization.

Data from DeFiLlama shows a highly concentrated oracle market, with Chainlink accounting for around 64% of total value secured. Other providers, including RedStone and Pyth Network, hold much smaller shares at around 5% each.

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Source: DefiLlama

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