Connect with us
DAPA Banner

Crypto World

Opera (OPRA) shares surge after company’s MiniPay adds USDT

Published

on

OPRA share price (TradingView)

Browser maker Opera’s (OPRA) shares surged more than 15% after the opening bell after the company announced it’s expanding support for Tether’s USDT stablecoin and tether gold (XAUT0) in its self-custodial crypto wallet MiniPay.

The move brings broader access to dollar-backed and gold-backed cryptocurrencies for millions of users in emerging markets.

OPRA share price (TradingView)

Shares of Opera slid over the past week to a $12.40 low before the announcement helped them rise to $14.65. MiniPay, which the company says has 12.6 million activated wallets, will now allow users to use these tokens “without navigating the complexities of the blockchain.”

The wallet, which boasts more than 3.64 million onchain users, processed over $153 million in stablecoin transactions in December alone, according to Opera.

MiniPay is not a financial service itself but connects users to on- and off-ramp providers like Binance, Partna and Fonbank, helping bridge fiat and crypto economies. Last year, the company rolled out a “Pay like a local” feature, allowing users to pay in Argentina using Mercado Pago and in Brazil using Pix, the instant payment systems of each country

Advertisement

Since then, the feature has expanded to include instant SEPA payments in Europe and instant bank transfers in Nigeria.

Tether earlier this month reported it made over $10 billion in net profit for 2025, driven by the growth in its USDT stablecoin and its underlying U.S. Treasury holdings. The firm has been buying up to $1 billion of gold per month as it bets on the precious metal alongside BTC.

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Grayscale Says Bitcoin’s Quantum Problem is Mostly a Social One

Published

on

Grayscale Says Bitcoin’s Quantum Problem is Mostly a Social One

The challenge to solving the quantum threat to Bitcoin could be more social than technical, according to Grayscale’s head of research, especially if the community fails to come to an agreement on certain contentious issues.

Google released a paper that shook the crypto industry on March 30, suggesting that a quantum computer could potentially crack the cryptography protecting Bitcoin (BTC) using far fewer resources than previously thought.

Grayscale head of research Zach Pandl, however, suggested the problem for Bitcoin doesn’t come from its technical solution, as “bitcoin has lower risk than other cryptocurrencies” because it uses a UTXO model and proof-of-work consensus, does not have native smart contracts and certain address types are not quantum vulnerable.

Instead, the challenge would be for the community to reach a decision on the way forward, said Pandl. 

Advertisement

The Bitcoin community has been fiercely debating what to do about old dormant coins, particularly the roughly 1.7 million BTC locked in early P2PK addresses, including Satoshi’s estimated 1 million BTC stash, currently worth about $68 billion. 

The Bitcoin community has three options 

The Bitcoin community needs to decide what to do about coins where the private key has been lost or is otherwise inaccessible, wrote Pandl. 

They have three main options: burning the coins, deliberately slowing their release by limiting the rate of spending from vulnerable addresses or doing nothing. 

“All are conceptually doable, but the challenge is reaching a decision, and the Bitcoin community has a history of contentious debates over protocol changes, including last year’s dispute around image data stored in blocks.”

Pandl was referring to a big fracas that erupted in 2023 over the use of blockspace for Bitcoin Ordinals, technology that enables inscribing data such as text and images to a satoshi, the smallest unit of Bitcoin. 

Advertisement

Two years later, the debate may have quietened down, but the two sides continue to hold opposing views.

Related: Researchers say quantum computers could, in theory, be ready by 2030

About 1.7 million BTC is vulnerable to the quantum threat. Source: Grayscale

No threat now but time to get started

Pandl cautioned that it was “time to get started” and that blockchains need to adopt post-quantum cryptography, echoing the sentiment from Google. 

Both Solana and the XRP Ledger are already experimenting with post-quantum cryptography, wrote Pandl. Meanwhile, the Ethereum Foundation released its post-quantum roadmap in February.

Pandl concluded that investors “should not fret” for now, but it is time to accelerate efforts to prepare for our post-quantum future. 

Advertisement

“In our view, there is no security threat to public blockchains from quantum computers today.”

Magazine: Nobody knows if quantum secure cryptography will even work