Author: CryptoDigestAlert.com
Key Takeaways: Project Eleven awarded researcher Giancarlo Lelli 1 BTC ($78,000) for cracking a 15-bit ECC key on IBM quantum hardware on April 24. Bitcoin developers showed Lelli’s result replicates with random noise, signaling zero quantum advantage over classical methods. The gap from 15 bits to Bitcoin’s 256-bit secp256k1 remains a 2^241 engineering chasm, leaving BTC security intact for now. Project Eleven Hands Giancarlo Lelli 1 Btc for 15-Bit ECC Quantum Break, but Software Developers Call It Noise Project Eleven described the feat as a 512-fold increase in search-space complexity over a prior 6-bit ECC break completed by engineer Steve…
Pi Network has confirmed it is an official sponsor of Consensus 2026 in Miami, with co-founders Nicolas Kokkalis and Chengdiao Fan each presenting at the event on May 7 and May 6 respectively, as the network simultaneously faces a mandatory April 27 deadline for all node operators to upgrade to Protocol 22. Summary Pi Network is an official sponsor of Consensus 2026 in Miami, with both co-founders scheduled to present at the Convergence Stage. Nicolas Kokkalis joins a May 7 panel on proving human identity online without exposing personal data, while Chengdiao Fan speaks May 6 on aligning Web3, AI,…
TLDR New York Attorney General Letitia James has sued Coinbase and Gemini over alleged illegal gambling on their prediction market platforms. The state seeks at least $2.2 billion from Coinbase and $1.2 billion from Gemini in penalties and forfeited profits. James claims the platforms allowed users aged 18 to 21 to place sports-related bets, which violates New York law. Coinbase argues that prediction markets fall under federal oversight by the Commodity Futures Trading Commission. The legal dispute adds to ongoing court battles between the CFTC and several U.S. states over event-based trading platforms. New York Attorney General Letitia James has…
A $30 trillion market cap. That’s the math behind the boldest XRP price call making rounds in the crypto community this week — and it’s the figure drawing the most fire. Related Reading AI Tool, Not Personal Forecast The projection comes from Vincent Van Code, a software engineer active in the XRP community, who published his findings on X. He was careful to frame it as an AI-generated outcome, not his own personal prediction. Van Code used large language model tools (LLM), including Grok, feeding them multiple variables over repeated sessions to simulate how XRP might grow over the next…
TLDR: Bitcoin long-term holder supply in profit has declined to 66.5%, nearing lower historical ranges Newly matured BTC holdings are entering long-term status at a loss due to past higher prices Six-month holding period creates a lag effect in Bitcoin long-term holder supply metrics Current data shows pressure on long-term holders, though conditions are not worsening further Bitcoin long-term holder supply is showing signs of stress despite the recent price recovery. Data indicates a shift in profitability dynamics, as coins aging into long-term status are entering at a loss, shaping current on-chain metrics. Long-term holder supply faces pressure Recent market…
TLDR Thailand SEC has proposed new rules to allow digital asset firms to apply for derivatives licenses within existing entities. The proposal removes the requirement for crypto firms to establish separate companies for derivatives operations. The regulator aims to expand access to crypto futures while strengthening oversight and compliance standards. The consultation period will remain open until May 20 for industry feedback. Blockchain.com launched perpetual futures trading with up to 40% leverage using Bitcoin as collateral. Thailand’s securities regulator has opened consultation on new licensing rules for digital asset firms. The proposal allows firms to seek derivatives licenses within existing…
Tron (TRX) is the native asset of the Tron open-source blockchain network. Prior to its mainnet launch in June 2018, TRX was an ERC-20 token on the Ethereum (ETH) blockchain. Tron is primarily used for its high transaction speed of 2000 TPS, which makes it an ideal entertainment and content distribution platform. With a market cap of $13.85 billion at the time of writing, it’s the 8th biggest cryptocurrency overall. In this article, we will try to predict Tron’s future price in the years 2040 and 2050, taking into account the multiple factors that may affect its price in the…
A coalition of crypto firms and advocacy groups has urged U.S. senators to move ahead with a markup of the Clarity Act, warning that delays risk pushing the industry offshore. Summary Crypto groups have urged the Senate Banking Committee to advance a markup of the Clarity Act, warning that delays could push investment and innovation overseas. The April 23 letter calls on lawmakers to act, highlighting unresolved issues around stablecoin rewards, regulatory oversight, and protections for decentralized developers. The push came through an April 23 letter led by the Crypto Council for Innovation and the Blockchain Association, addressed to Senate…
TLDR Sberbank confirmed it will launch crypto trading services after Russia enacts digital asset regulation and exchange trading begins. Ruslan Vesterovsky said the bank stands ready to provide access once the legal framework takes effect. The Bank of Russia continues to classify cryptocurrencies as high-risk instruments under its policy framework. The central bank’s December 2025 concept allows qualified and non-qualified investors to buy crypto assets under set conditions. Non-qualified investors may invest up to 300,000 rubles per year after passing a mandatory test. Russia’s largest lender signaled readiness to enter cryptocurrency trading once national rules take effect. Senior Vice President…
Sam Bankman-Fried (SBF) previously argued that FTX could have recovered value if assets were given time to recover, and now he has received fresh proof of that claim in the form of SpaceX’s multi-billion-dollar deal with Cursor. A 5% stake in the AI startup Cursor cost $200,000 in 2023, but now, following a new $60 billion deal with SpaceX, the same 5% stake is worth $3 billion. How much did FTX sell its Cursor stake for? In April 2022, Alameda Research, the trading firm founded by Sam Bankman-Fried (SBF), invested $200,000 in Anysphere, the company behind the AI coding tool…