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Merged Bitcoin - Part 3

i can see the appeal of resetting the financial system except you have all the money instead of they have all the money. don't see how that would be fairer or how it benefits everyone tho
 
cryptonews.net

Saylor’s solo act: JPMorgan says Strategy is practically the only thing keeping crypto flows alive

Wall Street investment bank JPMorgan (JPM) said the pace of capital flowing into digital assets slowed markedly in the first quarter of 2026, with total inflows estimated at around
cryptonews.net cryptonews.net

jp morgan study finds michael saylor’s ponzi is a major player in propping up the price last quarter

The bank's analysts attributed most of the quarter’s inflows to corporate treasury activity and venture funding. Strategy remained a dominant buyer, funding bitcoin purchases largely through equity issuance, while signaling continued reliance on stock and preferred issuance to finance accumulation. Other corporate holders were more defensive, with some selling bitcoin to fund buybacks.
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www.coindesk.com

Bitcoin's 'your keys, your coins' promise just got an expiry date from a new developer proposal

Bitcoin developers have proposed a plan to freeze quantum-vulnerable coins. Here's what it means for BTC holders.
www.coindesk.com www.coindesk.com

bitcoin dev proposal regarding quantum computing protections

Jameson Loop, one of the outspoken bitcoin contributors, and other cryptographers, have proposed a move that could force bitcoin holders to migrate their coins to new quantum-resistant addresses or face having their coins frozen permanently by the network itself. In that scenario, holders would technically still “own” the coins, but lose the ability to move them.
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It is somewhat fair to say that all these scammy crypto exchanges are not really behaving any different from Banks before tight regulation, transparency and supervision.

What is revealing is that the Crypto Lobby is spending hundreds of millions to make sure that the industry stays unregulated.

There is no reason to assume that the industry could policy itself even if it decided to that it would be in its best interest to do so.
 
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dirtywick said:
https://www.coindesk.com/tech/2026/...antum-defenses-your-coins-could-pay-the-price

bitcoin dev proposal regarding quantum computing protections
cryptographers, have proposed a move that could force bitcoin holders to migrate their coins to new quantum-resistant addresses or face having their coins frozen permanently by the network itself.
Click to expand...
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This is being presented as an attack on the sovereignty of private key holders. I'm not sure that this is accurate.

Under the BIP 361 proposal, users would get new wallets using the new encryption standard. For a limited time, coins can be transferred between the new and old wallets but then the separation occurs. First you won't be able to transfer coins from the new wallets to the old wallets and after a period of time, you won't be able transfer coins between the new and old wallets in either direction.

They would effectively be two different cryptocurrencies. You would still be able to transfer coins between the old wallets but by then, presumably the old standard has been compromised.
 
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news.bitcoin.com

DeFi Lender Aave Battles Withdrawal Crisis After KelpDAO rsETH Exploit

Aave's WETH pool hit 100% utilization after an rsETH exploit on April 18, 2026, leaving $177M–$200M in bad debt and AAVE down 17.7%.
news.bitcoin.com news.bitcoin.com

finance.yahoo.com

Justin Sun pleads with Kelp DAO hacker after $293m heist. ‘Let’s just talk’

The billionaire Tron founder urged the Kelp DAO hacker to the negotiation table. The hack has affected both the liquid Ether issuer and Aave. The North Korean hacking collective Lazarus Group has been blamed for the attack.
finance.yahoo.com finance.yahoo.com

hackers found an exploit in a cross chain code, causing kelp to release hundreds of millions of dollars to their wallet, then deposited the stolen coins onto aave and took out an eth loan against it, effectively stealing around $250m

the flaw seem to be the smart contracts couldn’t tell the hacked coins weren’t legitimate, causing some questions about trust in defi. this year alone nearly a billion dollars have been stolen from defi platforms in similar hacks.
 
psionl0 said:
This is being presented as an attack on the sovereignty of private key holders. I'm not sure that this is accurate.

Under the BIP 361 proposal, users would get new wallets using the new encryption standard. For a limited time, coins can be transferred between the new and old wallets but then the separation occurs. First you won't be able to transfer coins from the new wallets to the old wallets and after a period of time, you won't be able transfer coins between the new and old wallets in either direction.

They would effectively be two different cryptocurrencies. You would still be able to transfer coins between the old wallets but by then, presumably the old standard has been compromised.
Click to expand...
Either you or the article is wrong. The proposal (according to the article) is that eventually the old wallets will be frozen. Effectively that means that the miners will not accept transactions involving vulnerable to quantum hacking addresses. You won't be able to spend the coins at all. A moment's thought will tell you why this must be the case: if your private key can be hacked, anybody who has hacked it can spend your coins.
 
jeremyp said:
Either you or the article is wrong. The proposal (according to the article) is that eventually the old wallets will be frozen. Effectively that means that the miners will not accept transactions involving vulnerable to quantum hacking addresses. You won't be able to spend the coins at all. A moment's thought will tell you why this must be the case: if your private key can be hacked, anybody who has hacked it can spend your coins.
Click to expand...
You didn't read the article correctly. There is no talk of disabling the old wallets. Only that you won't be able to transfer coins between the old wallets and the new wallets. It is a typical hard fork.
 
you didn’t fix anything. it’s only possible with crypto. and they’re specifically asking for bitcoin or tether.
 
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