👀Are Satoshi's BTC Vulnerable To Quantum Attacks?

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The founder of Avalanche is warning that Satoshi Nakamoto’s stash of 1.1 million Bitcoin could be particularly vulnerable to quantum computing attacks in the future. The Ava Labs CEO controversial proposed freezing Satoshi’s coins.

Ethena’s USDe is the third-largest stablecoin by market cap after overtaking DAI. USDe now boasts a $5.5 billion capitalization.

Bitcoin mining firms are shadowing MicroStrategy by issuing debt to fund Bitcoin accumulation. The move follows record inflows to spot crypto ETFs last week.

Also, Flashbots adopts decentralized block production infrastructure, governments from around the globe move to embrace crypto, Optimism unveils SuperchainERC20 standard, Farcaster plots bespoke Layer 2, MOVE debuts at $1.5 billion market cap, and Azuki NFTs soar amid token anticipation.

✍️ In today’s newsletter:

• Could quantum computing threaten Satoshi’s Bitcoin holdings?
• USDe becomes third-largest stablecoin
• Bitcoin miners become BTC buyers
• Crypto ETF inflows surge
• Flashbots migrates to BuilderNet software
• Lawmakers across the world move to support crypto
• Optimism launches ERC-20 token for Superchain ecosystem
• Farcaster unveils plans for Snapchain L2
• MOVE debuts as top 100 crypto
• Azuki NFTs fly on token speculation

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💻Avalanche Founder Suggests Freezing Satoshi’s BTC Holdings To Protect Against Quantum Attack

Emin Gün Sirer, the founder of Avalanche, is warning that an outdated format could render Satoshi’s massive Bitcoin stash vulnerable to quantum computing attacks. However, Sirer noted that quantum computing threats to cryptocurrency are still “a long way off.”

📈Ethena's USDe Flips DAI to Become Third-largest Stablecoin

USDe is now the third-largest stablecoin after overtaking DAI with a $5.5 billion market cap. USDe’s capitalization is up 129% since mid-October amid heightened yields fueled by soaring short funding rates.

💰Bitcoin Conviction at All-Time High As Corporate Investments Rise

Bitcoin mining firms are emulating MicroStrategy’s aggressive BTC accumulation strategy, with Mara Holdings, Hut 8, and Riot Platforms issuing debt instruments to fund wholesale Bitcoin purchases. Other corporate entities are getting in on the action, with Semler Scientific, a healthcare firm, Metaplanet, a Japanese investment firm, and Boyaa Interactive, an investment holding company, also getting in on the action.

💵Bitcoin and Ethereum Lead Record Weekly Inflows While Solana Faces Outflows

Digital asset exchange-traded products hosted a record inflow of $3.85 billion last week. The performance was marked by spot Ethereum ETFs posting their strongest week on record and Bitcoin ETFs enjoying their second-largest weekly inflows. Solana products were left out of the party, with the segment suffering outflows.

🤖Flashbots Migrates To Decentralized Block Production Software, BuilderNet

Flashbots, a leading MEV research team, has abandoned its centralized block building infrastructure in favor of decentralized software. The move comes after just two block proposers accounted for 88% of Ethereum blocks.

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The Impossible Cloud Network (@ICN_Protocol) Node Sale is officially live! This groundbreaking DePIN is challenging the cloud giants and rapidly gaining market share in the fastest-growing trillion-dollar industry. Backed by 1,000+ enterprise clients and deep partnerships with industry leaders like Veeam and Acronis, ICN is paving the way for Web3 mass adoption.

By purchasing a Node, you can earn rewards, ensure network reliability, and shape the next generation of the internet. With the mainnet launch and $ICNT token listing on the horizon, now is the perfect time to join the movement and help build the open cloud.

READ MORE: The Impossible Cloud Network (@ICN_Protocol) Node Sale is LIVE!

🌐️Governments From Across The Globe Move To Embrace Crypto

An increasing number of nation states are moving to introduce crypto-friendly regulations. Iran wants to regulate crypto, the Czech Republic eased digital asset taxation, Argentina greenlit virtual asset ETFs, and a Russian opposition party proposed a strategic Bitcoin reserve.

🐧Optimism Introduces New Superchain Token Standard

Optimism introduced a new version of Ethereum’s popular ERC-20 token standard for its interoperable Superchain ecosystem. The assets can freely move across Superchain networks without relying on token wrappers.

⛓️SocialFi Dapp Farcaster Plans to Launch its Own Chain to Improve Scalability

Farcaster announced plans to build its own Layer 2 network. Dubbed Snapchain, the network will leverage Optimism’s OP Stack infrastructure and aims to support a high volume of low-cost transactions.

🆕Move Network Unveils Token and Airdrop

Movement Labs’ MOVE token debuted as a top 100 digital asset with a $1.5 billion capitalization. The token generation event follows the project deploying its mainnet beta.

🚀Azuki NFT Collection Soars as Traders Anticipate ANIME Token

The floor price of Azuki NFTs rallied 30% in seven days amid expectation its long-teased ANIME token will soon launch. The market action follows Pudgy Penguins rocketing after the project announced it will soon deploy a token.

🌍 ELSEWHERE

• Crypto.com partners with Deutsche Bank for corporate banking amid Asia expansion (CryptoSlate)
• DWF Labs to Launch $20 Million AI Agent Development Fund (BeInCrypto)
• Ethereum researcher Max Resnick moves to join Solana development firm Anza (The Block)
• Who Will Be Trump’s CFTC Chair? There’s a New Top Contender for the Role (Unchained)

🔥TRENDING

• SocialFi Dapp Farcaster Plans to Launch its Own Chain to Improve Scalability
• Incoming Crypto Czar Calls Out Operation Choke Point 2.0
• Think Tank Says Amazon Should Invest 5% Of Its Assets Into Bitcoin
• USDT Market Cap Soars To Record With Ethereum Crossing Tron as Main Hub
• Altcoin Season Begins as BTC Dominance Plummets
• Florida Considers Strategic Bitcoin Reserve in Early 2025