Bitcoin Developer Proposes Hard Fork to Protect BTC From Quantum Computing Threats
2025-04-05 17:02
The proposal outlines a plan to enforce a network-wide migration of BTC from legacy wallets to ones secured by post-quantum cryptography.
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More >Today 2025-04-06
08:07
Russian Central Bank Governor Suggests Prohibiting Cryptocurrencies from Participating in Domestic Settlements and Strengthening Punishments
According to Cryptonews, Elvira Nabiullina, the Governor of the Russian Central Bank, reiterated in her speech at the State Duma on April 3 that the use of cryptocurrencies in the domestic economy should be restricted and advocated for stricter punishment for violations of the ban. Nabiullina is an important ally of Russian President Vladimir Putin and currently leads the Russian central bank's sovereign digital currency (digital ruble) project. She pointed out that although the central bank supports exploring cross-border applications of cryptocurrency assets within a specific "regulatory sandbox" framework, it firmly opposes their infiltration into the domestic currency system and settlement activities. Russia has banned cryptocurrency payments since 2020, but current law enforcement is relatively lenient and there is a lack of clear legal framework for related transactions. Nabiullina called for increased legal responsibility for the use of cryptocurrencies for payment activities within Russia, stating, "Our position has not changed. We cannot allow cryptocurrencies to infiltrate domestic currency circulation and domestic settlements. We recommend seeking investment opportunities in cryptocurrencies and increasing responsibility for the use of cryptocurrencies in domestic settlements Nabiulina also supports allowing "high net worth qualified investors" to invest in cryptocurrency assets within the "sandbox", and proposes to discuss expanding some derivative investment permissions to ordinary qualified investors. She emphasized that retail investors should be protected from the risks of high volatility in the cryptocurrency market. In addition, after Nabiullina's speech, Anatoly Aksakov, Chairman of the State Duma Financial Markets Committee, pointed out that Moscow still has differences on cryptocurrency regulation issues. There is a clear divergence of opinions within the Duma on cryptocurrency regulation, with some members supporting restrictions and others showing strong interest.
08:01
CHEEL, valued at approximately $160 million, will be unlocked next week, accounting for 2.081% of the total supply
Next week, 5 cryptocurrency projects will undergo token unlocking, releasing a total value of approximately 310 million US dollars. On April 9th, SAGA unlocked approximately 130 million pieces (about 35.11 million US dollars), accounting for 28.986% of the total supply; On April 12th, APT unlocked approximately 11.3 million pieces (about 53.83 million US dollars), accounting for 1.131% of the total supply; On April 12th, AXS unlocked approximately 9.09 million pieces (approximately 24.54 million US dollars), accounting for 3.367% of the total supply; On April 13th, CHEEL unlocked approximately 20.81 million pieces (approximately $160 million), accounting for 2.081% of the total supply; On April 13th, ZKJ unlocked approximately 17.22 million pieces (approximately 39.26 million US dollars), accounting for 1.722% of the total supply.
07:20
Lennix, Global Business Officer of OKX: We are in a multi chain ecosystem, and self managed wallets are the future
On April 6th, Lennix, OKX Global Business Officer, was invited to attend the "2025 Hong Kong Web3 Carnival" summit and participate in the "Crypto Infrastructure: Present and Future" themed roundtable discussion. Lennix stated in the discussion that the product construction of OKX Web3 wallet is based on two core principles: first, we firmly believe that true self custody will become mainstream in the future, and second, we are deeply embedded in the multi chain ecosystem. It has been proven that we have been very successful in product development because we have invested hundreds of engineers dedicated to product polishing and technological innovation. Lennix pointed out that OKX Web3 wallet is different from other wallets in terms of product positioning. On the one hand, it always adheres to a truly decentralized infrastructure; On the other hand, we also attach great importance to and respond to the expectations and requirements of global regulation. This is the unique challenge that OKX Web3 wallet faces, and it is also our advantage.
06:59
ETH falls below the $1800 mark
OKX-ETH/USDT is currently trading at $1801.09, with a 24-hour decline of 0.52%. Please be aware of market fluctuations.
06:50
UBS predicts that the Federal Reserve will cut interest rates by 75-100 basis points for the remainder of 2025
According to a report by Jinshi, UBS pointed out that in terms of inflation, it is expected that by the end of this year, the tariffs announced by the new government so far may increase prices for American consumers by about 2 percentage points, provided that only a portion is passed on to end consumers. Although higher inflation will pose a challenge to the Federal Reserve, we believe that a significant slowdown in economic growth and potential weakness in the labor market will mean that the Fed will cut interest rates by 75-100 basis points for the remainder of 2025