Tag: News

Sonic Builds Quantum-Ready Blockchain With Simpler Architecture – Bitcoin News

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Key Takeaways Sonic redesigns proof-of- stake to avoid Boneh–Lynn–Shacham aggregation, easing quantum upgrades. Shor’s algorithm risk pushes shift from Elliptic Curve Digital Signature Algorithm to hash-based schemes. Sonic Consensus System directed acyclic graph model could lead to reduction in upgrade costs, aiding post-quantum adoption. Quantum Threat Spurs New Approach to Blockchain Security As concerns grow over the long-term threat of quantum computing, blockchain developers are beginning to rethink the foundations of network security. Sonic, a proof-of- stake protocol, is positioning itself as one of the few systems designed to adapt…

Crypto Earn Products Resemble Deposits With No FDIC Protection – Bitcoin News

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Key Takeaways: The BIS Financial Stability Institute warned in April 2026 that major crypto platforms like Binance and Coinbase now operate more like banks than trading venues. Celsius Network collapsed in 2022 after a USD 1.4 billion depositor run exposed maturity mismatches with no deposit insurance backstop. Only 11 of 28 jurisdictions reviewed by the FSB in 2025 had a finalized regulatory framework addressing financial stability risks from crypto intermediaries. Crypto Earn Accounts Exposed as Uninsured Deposits, BIS Research Warns The report, authored by Denise Garcia Ocampo of the BIS…

Bitcoin ETFs Add $336 Million as Ether Extends 10-Day Streak – Bitcoin News

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Key Takeaways Bitcoin exchange-traded funds (ETFs) added $335.8 million on April 22, led by Blackrock IBIT, extending a 7-day inflow streak. Ether ETFs gained $96.4 million for a 10th day of straight inflows, showing strong and consistent institutional demand. XRP ETFs brought in $2.42 million while solana saw zero flows, signaling selective momentum still persists. Ether ETFs Add $96 Million as Bitcoin Inflows Reach Seventh Day Momentum is no longer tentative. It is compounding. Crypto ETFs extended their run on Wednesday, April 22, with both bitcoin and ether posting another…

Trump Says No Ship Moves Without US Navy Approval – Bitcoin News

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Key Takeaways: President Trump declared on April 23, 2026, that the U.S. Navy has sealed the Strait of Hormuz pending an Iran deal. Iran seized two container ships on April 22, retaliating after the USS Spruance disabled and boarded the MV Touska on April 19. Brent crude prices spiked on April 23 as the U.S. blockade, now active since April 13, disrupts roughly 20% of global oil trade. U.S.-Iran Naval Crisis: What Is Happening in the Strait of Hormuz Right Now Trump posted the statement on Thursday on Truth Social,…

Sam Bankman-Fried Drops New Trial Motion as FTX Portfolio Hypothetical Goes Viral – Bitcoin News

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Key Takeaways: Sam Bankman-Fried (SBF) withdrew his Rule 33 new trial motion on April 22, 2026, without prejudice, preserving the right to refile after his Second Circuit appeal concludes. Viral social media posts estimating FTX’s unliquidated portfolio would be worth $114 billion today, led by a 165x gain on Anthropic. SBF’s appeal and reassignment request before Judge Kaplan remain active, leaving the legal outcome of the FTX case unresolved through at least 2026. SBF Withdraws Rule 33 Motion in SDNY, Preserves Right to Refile After Appeal The withdrawal letter, docketed…

Coingecko Launches AI Market Intelligence Tools and Unified Partner Platform for Crypto Projects – Bitcoin News

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Key Takeaways: Coingecko launched 3 AI tools on April 22, 2026, giving retail investors market context beyond price data. The Partner Platform gives crypto projects access to Coingecko’s 30 million monthly visitors for listings and ad campaigns. Geckoterminal multichain wallet tracking and deeper Partner Platform analytics are both slated to expand in the coming months. Coingecko Expands Beyond Price Tracking The Singapore-based company Coingecko announced three new consumer tools: Market Insights, Advanced Charts, and Portfolio Insights. According to the release, each addresses a gap that has grown more visible as…

South Korea BOK Governor Prioritizes Digital Won CBDC in First Policy Speech – Bitcoin News

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Key Takeaways: Bank of Korea (BOK) Governor Shin Hyun-song, sworn in on April 21, 2026, made CBDC and deposit tokens the centerpiece of his inaugural address. Project Hangang Phase 2, now involving 9 banks, targets government subsidy use cases worth up to 110 trillion won ($73B). Shin’s omission of stablecoins from his first speech signals a state-first digital won strategy as South Korea finalizes its Digital Asset Basic Act. Project Hangang Phase 2 Takes Center Stage as New BOK Governor Outlines Digital Won Plans Shin took office, succeeding Rhee Chang-yong…

A Hair Dryer May Have Gamed a Paris Weather Sensor for $34,000 on Polymarket – Bitcoin News

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Key Takeaways: Météo France filed a complaint with Roissy airport gendarmerie after two CDG sensor anomalies on April 6 and April 15 aligned with Polymarket payouts totaling roughly $34,000. Meteorologist Paul Marquis of E-Meteo Service ruled out natural causes, concluding physical intervention with a heat device was the most probable explanation. Polymarket switched its Paris temperature resolution source to Le Bourget Airport on April 19, though no arrests have been made at the time of publication. French Meteorological Service Files Complaint After Paris Airport Sensor Data Aligns With Polymarket Payouts…

Cardano’s Leios Upgrade and Bitcoin DeFi Tool Pogun Headline Input Output’s 2026 Funding Slate – Bitcoin News

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Key Takeaways: Input Output submitted 9 Cardano treasury proposals totaling $38.9M, nearly 50% less than its 2026 ask. The Leios upgrade targets 1,000+ TPS and is scheduled to hit the Cardano mainnet by the end of 2026. DReps have until May 24, 2026, to vote on all proposals through Intersect’s governance platform. Input Output Cuts Cardano Treasury Ask to $38.9M for 2026, Down Nearly 50% From Last Year The reduction is deliberate. In a release shared with Bitcoin.com News, IO says it is moving toward a self-sufficient model and intends…

US Military Runs Bitcoin Node, Conducts Operational Tests, Indo-Pacific Commander Tells Senate – Bitcoin News

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Key Takeaways: Admiral Samuel Paparo confirmed INDOPACOM runs a live Bitcoin node and is conducting operational network security tests as of April 21, 2026. Paparo’s Senate testimony marks a public U.S. military shift toward Bitcoin’s protocol architecture as a tool in great-power competition with China. Sen. Tommy Tuberville’s Bitcoin questions at the April 21 hearing signal growing Congressional interest in a Strategic Bitcoin Reserve debate. Top U.S. Pacific Commander Confirms Bitcoin Node at Senate Armed Services Hearing Admiral Samuel J. Paparo Jr., Commander of U.S. Indo-Pacific Command, made the disclosure…