News linked to both this project and an event.
According to Bitcoin.com, U.S. Senator Cynthia Lummis is pushing hard for the CLARITY Act to complete Senate voting before Congress adjourns. Section 303 of the bill grants the Treasury Department the authority to impose targeted digital asset sanctions on foreign jurisdictions, while Section 305 allows exchanges to freeze suspicious transactions for up to 180 days. On-chain data shows that North Korea's Lazarus Group stole approximately $643 million in the first half of 2026, accounting for two-thirds of the total global crypto theft during the same period ($972 million), including a $285 million attack on Drift Protocol in April and a $292 million attack on the KelpDAO cross-chain bridge. The group's cumulative theft amount has reached $6.75 billion since 2019. Currently, Galaxy Research has lowered the probability of the CLARITY Act passing within 2026 to 30%. The bill still requires 60 votes to advance, meaning at least 7 Democratic senators need to vote across party lines in support.
According to CoinDesk, Eddy Zervigon, CEO of quantum computing security infrastructure company Quantum Xchange, stated that cryptocurrencies, due to their decentralized nature, will become the "canary in the coal mine" for quantum computing attacks—that is, the area where vulnerabilities will be exposed first. Latest assessments by Google researchers show that the number of physical qubits required to break Bitcoin's elliptic curve encryption has decreased 20-fold compared to previous estimates, and multiple institutions have brought forward the expected date of "Q-Day" (the day quantum computers can break existing encryption systems) to 2029. Deutsche Digital Assets pointed out that the real risk lies not in the encryption technology itself, but in the speed of governance—Bitcoin upgrades require 90% miner consensus, which has historically triggered hard forks (such as the 2017 SegWit upgrade leading to the birth of Bitcoin Cash), whereas traditional financial institutions only need a board resolution to complete encryption infrastructure migration. Additionally, experts caution that the quantum threat is not a binary event that "arrives suddenly on a certain day"; even if quantum computers require months to crack data, as long as the cracking is completed while the data is still valuable, the threat is established.
CZ expressed regret over BitMEX's closure announcement, recalling that BitMEX pioneered the 100x leveraged perpetual contract in the crypto market in 2014, driving industry development.CZ noted that BitMEX only supported BTC deposits and single-chain operations at the time, and adopted a once-daily, multi-signature wallet batch withdrawal process. These seemingly inconvenient designs, he said, actually helped the platform avoid hacker attacks over the long term.He also mentioned that BitMEX's four co-founders admitted to violating the Bank Secrecy Act (BSA) one month before their trial, each being fined $10 million and sentenced to home detention, with no prison time. However, CZ believes that BitMEX's business ultimately couldn't withstand the "War on Crypto" during the Biden administration.In conclusion, CZ stated that BitMEX is currently winding down in an orderly fashion, users can still withdraw assets, and he paid tribute to co-founder Arthur Hayes.
According to CoinDesk reports, algorithmic stablecoin Balance Coin suffered an oracle price manipulation attack on July 22. The coin price plummeted from near the $1 peg to about $0.0014, a drop of over 99%, and the nominal market cap of about $3.5 million nearly went to zero. According to analysis by security firm SlowMist, the attacker fed abnormally low false Bitcoin prices into the protocol, bypassing price rationality checks and liquidation delay mechanisms. They forcibly liquidated multiple ineligible collateral vaults in a single transaction, subsequently exchanged the acquired collateral for arbitrage, and ultimately profited about $912,000 from the protocol governance entity 42DAO.
According to Decrypt, Galaxy Digital has officially launched the "Bitcoin Quantum Readiness Initiative," with three core pillars including: providing up to $5 million in post-quantum cryptography research grants to developers, publishing specialized research reports through Galaxy Research, and establishing a quantum advisory committee composed of scholars from multiple top universities. The initiative targets "Q-Day"—the critical moment when quantum computers utilize Shor's algorithm to crack Bitcoin's elliptic curve encryption, forge signatures, and steal wallet assets. Project Eleven predicts that quantum computers capable of cryptographic threats may emerge as early as 2030, at which point approximately 6.9 million BTC will face exposure risks. The Coinbase Quantum Advisory Committee has also called on developers to immediately initiate migration work. Meanwhile, Trump has signed an executive order setting the deadline for the U.S. federal government to complete post-quantum cryptography migration to December 2031.
According to Bitcoin.com, the Kenyan government is investigating the hacking incident of President William Ruto's official website. The attackers temporarily tampered with the homepage content and demanded a payment of 5 Bitcoins, threatening to leak undisclosed information otherwise.
on-chain investigator ZachXBT stated that the cross-chain bridge protocol TeleSwap was suspected of being attacked on July 15, 2026, resulting in losses exceeding $735,000. However, as of five days after the incident, the project team has not yet publicly disclosed the relevant situation.ZachXBT stated that shortly after suspicious fund outflows were detected, TeleSwap's Bitcoin hot wallet stopped processing transactions. About two hours ago, the attacker transferred the stolen funds into the privacy mixing protocol Tornado Cash.
Bitcoin News posted on X platform stating that Dathon Pwn claims to have discovered a late-upgrade consensus vulnerability in BIP 110. This could cause nodes upgraded from older software to retain chain history, while newly deployed BIP 110 nodes would reject this history, potentially resulting in a hidden chain split.
security firm Project Eleven has introduced a post-quantum proof technology designed to help users prove ownership of their Bitcoin wallets after quantum computers become capable of deriving private keys and generating valid signatures. Project Eleven CEO Alex Pruden stated that the technology utilizes the wallet's key derivation path, enabling users to prove control without disclosing the parent key, thus distinguishing legitimate owners from attackers. The solution was developed in collaboration with Jim Posen, a primary maintainer of the open-source Binius zero-knowledge proof system, and is based on the "signature lifting" technique proposed by Alon Sattath and Robert Wyborski. Project Eleven noted that the prototype has not yet been audited and requires blockchain protocol support before it can be deployed. It is primarily aimed at users who miss the window to migrate to quantum-resistant addresses in the future.
Odaily reports: A court in the state of São Paulo, Brazil, has ordered Coinbase to refund nearly $100,000 to a user who claimed funds deposited in their Coinbase Wallet disappeared in an unauthorized transaction. Coinbase argued that the private keys to the wallet were entirely under the user's control. However, it failed to prove that the transaction was initiated by the wallet holder or that adequate security measures were in place to prevent the incident. The court ruled based on relevant provisions of the Consumer Protection Code and ordered Coinbase to return the full amount plus statutory interest. (Bitcoin.com News).
David Bailey, Chairman and CEO of Nasdaq-listed Bitcoin treasury company Nakamoto, stated that the failure of the so-called long-standing "BIP-110" controversy constitutes an "extremely bullish" outcome for Bitcoin, and believes this further validates the network's attack resistance and anti-splitting capabilities.
decentralized privacy protocol hinkal has released an update on a security incident, confirming that an attacker extracted approximately 797,000 USDC from its Ethereum contract through a series of transactions and exchanged it for about 454 ETH. Of this, roughly 410 ETH was subsequently transferred to Tornado Cash, while the remaining approximately 44.67 ETH was bridged to the Bitcoin network via THORChain. hinkal is currently collaborating with an external security team to trace the flow of funds.hinkal stated that the impact of this security incident is limited to the relevant fund pools on the Ethereum chain, and contracts on other chains remain unaffected. However, all contracts have been temporarily suspended for fixes and security verification. All affected users will be fully compensated at a 1:1 ratio, with specific compensation procedures and timelines to be announced in a subsequent update.
: OKX founder and CEO Star stated in a post on X that the first "one-person company" (OPC) to achieve an annual revenue of $1 million on OKX.AI will receive a personal donation of no less than 1 BTC. Star noted that every major technological revolution gives rise to a new generation of entrepreneurs and believes that the AI era will create millions of "one-person companies."It is reported that the OKX.AI Genesis Hackathon has been launched, allowing developers to build Agent Service Providers (ASP) on the OKX.AI platform. The event features a total prize pool of $100,000, aimed at encouraging AI Agent projects with real demand scenarios and practical use value, driving the implementation of the Agent economy.
According to Cointelegraph, Fidelity Digital Assets has rebutted concerns in a new research report that Bitcoin’s long-term security will deteriorate as mining rewards decline, asserting that the network’s economic incentives remain sufficient to secure the blockchain over the long term. Authored by Fidelity research analyst Daniel Gray, the report reiterates that Bitcoin’s security depends not only on block rewards but also on transaction fees and market-driven economic incentives, which will continue to motivate miners to protect the network—and render sustained attacks prohibitively costly. The report challenges a longstanding critique that Bitcoin’s security is weakened every four years by the halving event, which reduces new coin issuance. It notes that since April 20, 2024, Bitcoin miners have received a subsidy of 3.125 BTC per block—down from 6.25 BTC in the previous halving cycle—but this reduction in issuance has not translated into diminished miner incentives, as Bitcoin’s price appreciation has more than offset the decline in block rewards. Gray points out that average daily miner revenue has surged from approximately $26,300 during Bitcoin’s first halving cycle to over $40.2 million today. The report also notes that although Fidelity views the long-term incentive structure as sound, many publicly listed mining companies are currently facing financial pressure, with some diversifying into artificial intelligence and high-performance computing. VanEck recently
According to CoinDesk, Geoff Kendrick, Head of Digital Asset Research at Standard Chartered Bank, released a report initiating coverage of the decentralized lending protocol Aave, with a target price of $3,500 by end-2030—approximately 50 times its current price of around $70—and expects Aave to outperform both Bitcoin and Ethereum. Kendrick stated that Aave has recovered from the April 2026 KelpDAO rsETH bridge vulnerability incident, during which attackers used approximately $290 million worth of stolen tokens as collateral to borrow real assets on Aave, exposing the protocol to up to $230 million in potential losses. Assets have now begun flowing back onto the platform, and Aave’s dominant position in on-chain lending remains solid. Looking ahead, Standard Chartered forecasts that the value of tokenized assets actively used in DeFi applications will grow 37-fold by 2030. Aave—whose revenue model is directly tied to lending activity—is poised to benefit directly. Additionally, Aave’s Horizon initiative (enabling tokenized real-world asset lending in permissioned environments) and the potential relaunch of its token buyback program are viewed as key catalysts.
US President Trump signed two executive orders on Monday aimed at accelerating the nation's quantum computing capabilities and advancing the migration of government systems to post-quantum cryptography. While the orders do not directly mention Bitcoin, industry insiders believe this could benefit blockchain post-quantum security research and development.The two executive orders focus on defending against advanced cryptographic attacks and driving the frontier of quantum innovation. This includes a clear timeline: advancing quantum sensor construction by September 2028, and requiring federal high-value assets and high-impact systems to complete their post-quantum cryptography migration by the end of 2031.Alex Pruden, CEO of Project Eleven, stated that this means the US government will allocate funds and time to achieve post-quantum security goals. It may also extend these requirements to the entire federal contractor system, not just government agencies, thereby accelerating the practical application of post-quantum cryptographic technology.This policy comes amid growing attention within the blockchain industry to quantum threats. The Ethereum Foundation, Solana Foundation, and others have already begun advancing post-quantum security R&D, while the Bitcoin community is also discussing potential risks. Some Bitcoin held in publicly exposed addresses is considered vulnerable to private key derivation attacks once sufficiently powerful quantum computers emerge.Pruden noted that this executive order sets a clear deadline of 2031 for the adoption of post-quantum cryptography, which is more enforceable than the previous US government guidance which only proposed phasing out traditional cryptographic systems by 2035. For Bitcoin and the broader crypto industry, government-level investment in post-quantum security could accelerate the maturation of related tools, standards, and migration pathways.
CZ shared the interview video on X, discussing the potential impact of quantum computing on Bitcoin’s cryptographic system—including threats to Satoshi Nakamoto’s Bitcoin holdings. If future quantum attacks break the legacy cryptographic system, the community may face three possible options.
on-chain security researcher Specter posted on X, stating that THORChain has not resumed normal operations for over a month after suspending all transactions due to a security vulnerability incident. The protocol previously did not choose to suspend transactions during other security incidents or suspicious fund flows; it even continued operating simple ETH-BTC paths. However, after becoming the affected party this time, it completely halted cross-chain transactions, sparking community discussion about the consistency of its risk management. Currently, THORChain on-chain trading remains completely stagnant, with almost no transactions on the entire chain. The recovery timeline remains unclear, and Specter reminds community users to "stay alert."
Odaily Planet Daily reports that "on-chain detective" ZachXBT released a case analysis stating that in a crypto asset case involving an Indian fraud gang, the individuals involved reported themselves to law enforcement after their assets were frozen, drawing attention.The incident began when a user sought help from ZachXBT, claiming that approximately 5.73 BTC (about $475,000) was frozen on Changelly in March 2025. Subsequent on-chain analysis revealed that these funds could be traced back to multiple social engineering attacks targeting US users and Bitcoin ATM-related thefts, with cumulative losses exceeding $1 million and involving several elderly victims.Investigations showed that the individual provided multiple different explanations for the source of the funds, including "loans," "transfers from the boss," and "investments from 2014–2015," with clear contradictions in the chain of evidence.More notably, the user filed a police report in India in December 2025 attempting to recover the frozen funds (case number 3207-P/2025). Subsequent on-chain forensics and email data analysis indicated that the individual may have acted as a money "mule," with some bank documents inconsistent with their identity information.ZachXBT stated that such cases demonstrate that social engineering attacks and cross-border fund transfers continue to occur, reminding users to avoid interacting with funds from suspicious sources to prevent triggering compliance freezes or legal risks.
According to on-chain analyst PeckShield (@PeckShieldAlert), the address labeled as the UXLINK attacker has swapped approximately 14.6 million DAI for 8,298.6 ETH. Subsequently, this address deposited 8,340 ETH into Tornado Cash and bridged 2.64 ETH (approximately $4,630) from Ethereum to a Bitcoin address.