Capital One Acquires Brex In $5.15B Deal

Capital One’s acquisition of Brex comes just months after the payment company launched support for stablecoins. Major US bank Capital One has struck a $5.15 billion deal to buy the fintech Brex and is set to acquire the company’s stablecoin payments solution. Capital One said on Thursday that the deal is a combination of stock … Read more

South Korea Investigating Confiscated Bitcoin Theft: Report

Authorities in South Korea have launched an investigation after millions of dollars worth of Bitcoin seized in a criminal case was reportedly stolen. Officials with the Gwangju District Prosecutors’ Office discovered that around 70 billion won ($47.7 million) worth of Bitcoin (BTC) crypto was missing during a routine inspection of seized financial assets, according to … Read more

Ethereum Mainnet Activity Surpasses All Layer-2 Networks

Network activity on the Ethereum mainnet has now surpassed that on layer-2 scaling blockchains as gas fees remain low, though it may not all be organic users. Token Terminal said on Thursday that there has been a “return to mainnet,” with daily active addresses on Ethereum outranking all leading layer-2s. A recent spike in active … Read more

Billions of AI Agents to Use Stablecoins in 5 Years: Circle

Within three to five years, billions of artificial intelligence agents that can work without human input will use crypto and stablecoins for everyday payments on behalf of users, says Jeremy Allaire, the CEO of stablecoin issuer Circle. “Three years, five years from now, one can reasonably expect that there will be billions, literally billions of … Read more

Bitcoiners Reject Quantum Computing Fears Weighing On Price

Bitcoin backers have minimized claims that fears around quantum computing being a threat to the cryptocurrency sooner than expected are dragging on its price. Glassnode lead analyst James Check said in an X post on Thursday that linking Bitcoin’s price to quantum computing fears “is akin to blaming market manipulation for red candles, and declining … Read more

Bitcoin Doesn’t Have 20 Years

Opinion by: Youssef El Maddarsi, chief business officer of Naoris Protocol ​Some Bitcoin (BTC) advocates argue that the network faces no meaningful quantum threat in the immediate future, pointing to emerging NIST-approved post-quantum standards and suggesting that Bitcoin can simply upgrade long before any cryptographically relevant quantum computer appears. This confidence relies on the risky … Read more

Coinbase Forms Advisory Board to Study Quantum Computing and Blockchain

Coinbase has formed an independent advisory board to assess how advances in quantum computing could affect the cryptography used by major blockchain networks, including Bitcoin and Ethereum. In a Wednesday blog post, Coinbase introduced the advisory board formed by experts in quantum computing, cryptography, distributed systems and blockchain security from academia and industry, including senior … Read more