Sequans Sells Remaining 314 BTC, Exits Bitcoin Treasury

Sequans Communications has sold its remaining 314 Bitcoin, completing its exit from a Bitcoin treasury strategy that once saw the semiconductor company hold more than 3,200 BTC. On Thursday, the French semiconductor company said the exit follows the redemption of its convertible debt in May and will allow it to refocus on its core cellular…

IBM opens beta Swift ledger link for 24/7 tokenized deposits

IBM’s beta link lets banks instruct tokenized deposit transfers on Swift’s ledger using existing payment messages and compliance processes. Source link

Major UK banks execute world’s first interbank customer transactions using tokenized sterling deposits

“These live transactions show how tokenized deposits can deliver practical, real-world benefits, contingent payments that give customers greater control over their money,” said Lucy Rigby, economic secretary to the Treasury. For businesses and customers, tokenised deposits have the potential to speed up settlement, improve cash-flow management and provide more convenient, transparent and secure ways to…

EU Banking Watchdog Calls for Crypto Lending Rules Under MiCA

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy. Source link

Bitcoin Slips Below $84K as 10-year Treasurys Hit 19-year High

Key points Bitcoin fell below $84,000 as the US 10-year Treasury yield reached its highest level since 2007. An analyst put the odds of an October Fed hike above 70% as the Treasury prepared a bond buyback of up to $6 billion. Bitcoin has closed September higher for three straight years, while October has averaged…

Trump Administration Weighs Overseas Stablecoin Push

The Trump administration is reportedly considering an initiative to promote the use of dollar-backed stablecoins overseas as part of an effort to reinforce the US dollar’s position as the world’s reserve currency.  Citing people familiar with the plans, Bloomberg reported on Wednesday that the US government could support stablecoin projects by creating joint ventures with…

A week of AI coding cut a quantum-safe bitcoin transaction estimate from $320 to $66

The work addresses a possible future threat to Bitcoin. A sufficiently powerful quantum computer could use a wallet’s exposed public key to work out its private key and steal the coins. StarkWare’s method adds a form of protection based on hashes, which are expected to withstand that attack. It fits within Bitcoin’s existing rules, so…

Quantum-Safe Bitcoin Compute Cost Falls 79% to Under $67

The estimated computational cost to prepare a quantum-resistant Bitcoin transaction has fallen below $67 after a week of optimization, down from the roughly $320 spent on the first such mainnet transaction in August, according to StarkWare.  The results came after participants in the Quantum-Safe Bitcoin Optimization Challenge found ways to push down the GPU computation…

Ex-SEC Acting Chair: Agency Dropped Crypto Cases to Avoid Issues with Credibility

Mark Uyeda, who served as acting chair of the US Securities and Exchange Commission (SEC) before Paul Atkins’s confirmation, said the agency dropped civil cases against cryptocurrency companies filed under the previous administration because it was preparing a “180-degree change” in rulemaking. In a Wednesday panel at the Psaros Center for Financial Markets and Policy’s…

EU watchdogs warn quantum computers could pick crypto’s locks

EU supervisors warn quantum computing could weaken blockchain security as Bitcoin developers weigh a draft migration plan and Ethereum targets 2029. Source link