Latest from Aoyon Ashraf
How a quantum computer can be used to actually steal your bitcoin in '9 minutes'
Part one explained the physics of quantum computing. This piece explains the target — how bitcoin's encryption works, why a quantum algorithm breaks it, and what Google's paper changed about the timeline.

Kraken's parent company Payward to acquire derivatives exchange Bitnomial for $550 million in cash and stock
The deal gives Payward control of a fully licensed U.S. crypto derivatives stack, accelerating its expansion in regulated markets.

Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoin with USDT after massive exploit
The money will be used by Drift to recover user funds after more than $270 million in clients assets were exploited this month, and will relaunch the protocol as a USDT-based perpetuals DEX on Solana.

Why Morgan Stanley's CFO sees tokenization as the next big step for its multi-trillion wealth business
Morgan Stanley CFO Sharon Yeshaya says the bank is eyeing a "tokenized world" where blockchain technology allows client assets and liabilities to move more efficiently across its wealth management platform.

Prediction market volumes to hit $1 trillion by 2030 with Robinhood, Coinbase as key players, Bernstein says
The broker said prediction markets are scaling into a trillion-dollar asset class, driven by regulatory clarity, crypto rails and distribution via major trading platforms.

Popular DeFi platform warns users to stay away from its site after security breach
The team that helps operate the platform, CoW Swap, said that it was working to resolve the issue for the DEX aggregator.

Crypto exchange Kraken targeted in extortion attempt but says there was no breach and no client funds at risk
The firm said a criminal group is attempting to extort it over limited insider-related data access incidents affecting about 2,000 accounts. Kraken says it will not pay and is working with law enforcement.

Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.
The kingdom's holdings have dropped from 13,000 BTC to 3,954 since October 2024, with $215.7 million moved out this year alone. Its last mining inflow over $100,000 was recorded more than a year ago.

Trump-backed WLFI token drops 12% to record lows after team defends multi-million lending position
World Liberty Financial responded to CoinDesk's reporting by saying it would "simply supply more collateral" if markets moved against it, a statement that did not reassure holders.

Potential buyers are circling Winklevoss-backed crypto exchange Gemini
Interested parties are considering buying select parts of the business, particularly its shuttered European operations, to secure regulatory licenses, rather than pursuing a full takeover.

