Polygon proposes a Hard Fork to transfer 70.5 million POL from the attackers' blacklisted addresses to Binance and Polymarket
Approximately $6.5 million will be forcibly transferred, and the proposal's authors describe this Hard Fork as an exceptional, one-time measure aimed at recovering the stolen funds.
Code is Law, except when it comes to $6.5 million
$POL
Ethereum's Justin Drake targets a full transition to quantum-resistant cryptography by December 2028.
He stated during Devcon 8 that achieving this transition requires 24 months and three major network upgrades (Hard Forks) after the Glamsterdam upgrade.
But this date is his personal target, not an official date for the foundation.
The official date set by the Ethereum Foundation (Eth Foundation) remains December 2029.
Quantum computers have 24 months to enjoy old digital signatures before the transition to more resistant systems!
$ETH
Arthur Hayes: Bitcoin will continue to underperform until the Fed or banks expand their balance sheets
Arthur Hayes believes dollar liquidity has begun to recover, but Bitcoin will continue to show weak performance until the Fed and/or banks begin expanding their balance sheets.
An increase in liquidity in the financial system could support risk assets, including Bitcoin.
Bitcoin is still waiting for the money printer to start up again!
$BTC
Approximately $6.5 million will be forcibly transferred, and the proposal's authors describe this Hard Fork as an exceptional, one-time measure aimed at recovering the stolen funds.
Code is Law, except when it comes to $6.5 million
$POL
Ethereum's Justin Drake targets a full transition to quantum-resistant cryptography by December 2028.
He stated during Devcon 8 that achieving this transition requires 24 months and three major network upgrades (Hard Forks) after the Glamsterdam upgrade.
But this date is his personal target, not an official date for the foundation.
The official date set by the Ethereum Foundation (Eth Foundation) remains December 2029.
Quantum computers have 24 months to enjoy old digital signatures before the transition to more resistant systems!
$ETH
Arthur Hayes: Bitcoin will continue to underperform until the Fed or banks expand their balance sheets
Arthur Hayes believes dollar liquidity has begun to recover, but Bitcoin will continue to show weak performance until the Fed and/or banks begin expanding their balance sheets.
An increase in liquidity in the financial system could support risk assets, including Bitcoin.
Bitcoin is still waiting for the money printer to start up again!
$BTC