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forklog.media Saudi Arabia Launches Its First Quantum Computer

Saudi Aramco and Pasqal have unveiled Saudi Arabia's first quantum computer and introduced the Quantum Computing as a Service (QCaaS) platform.  The quantum processor was deployed back in November 2025, but full operation has only now become feasible. The device is housed in Aramco's data centre. The system is based on Pasqal's processor with 200 programmable qubits, built using neutral atom technology.  QCaaS is designed for both internal company projects and external users—research centres, universities, and businesses. Access to the system is provided through Pasqal's cloud infrastructure. According to the press release, the service is aimed at industrial tasks in energy, material studies, and other industrial sectors. The project also develops quantum-hybrid solutions. Among the application areas already being tested by partners are: port logistics optimisation; carbon dioxide storage; well logistics; drilling rig placement planning. Under the partnership terms, Aramco acts as the anchor customer and develops the roadmap for applied cases. Pasqal is responsible for cloud access and connecting external users.  Ahmad Al Khowaiter, Aramco's Executive Vice President of Technology and Innovation, linked the launch to the development of local expertise in quantum computing. He stated that the company is focusing on joint research and training specialists within the country.  “Let this achievement be a catalyst for an innovation-based economy, creating highly efficient, promising jobs for our youth and contributing to the implementation of [the national scientific programme],” noted Al Khowaiter. Pasqal's CEO, Wasik Bokhari, stated that the project demonstrates the transition of quantum computing from demonstration scenarios to business applications. Aramco recalled that its venture arm, Wa’ed Ventures, invested in Pasqal back in January 2023. Following this, the parties launched a separate programme for quantum computing for operational tasks with high potential value. The focus is on scenarios where the quantum-hybrid approach can surpass the capabilities of classical computing. Earlier, in March, the US Department of Energy announced plans to develop a quantum computer.

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forklog.media South Korea Tests Stablecoin Pegged to Won

South Korea's KB Financial Group (KBFG) has completed the proof-of-concept phase for a stablecoin pegged to the won. KBFG tested a full cycle of financial services based on the asset, reports Yonhap. The pilot involved payment operator KG Inicis, blockchain platform Kaia, and fintech company OpenAsset.  During the pilot, KBFG examined several use cases for the asset: Cross-border transfers: the won-based stablecoin was converted into a dollar equivalent through Kaia's on-chain liquidity and sent to a bank account in Vietnam. The operation took less than three minutes, with fees 87% lower than the SWIFT system; Offline payments: payments via QR code were tested in Hollys coffee shops without using a separate crypto wallet. On the backend, the transaction was automatically executed through a smart contract. Developers focused on transferring the internal settlement infrastructure to blockchain while maintaining the usual user experience. They emphasized that it was not a separate service but an integrated system. KB Kookmin (part of KBFG) is the largest bank in the country with assets exceeding 584.9 trillion won (~$424 billion).  Group representatives stressed their readiness to launch commercial tools as soon as the regulatory framework is established. The adoption of a digital assets law in South Korea is delayed due to disagreements between the central bank and the Financial Services Commission regarding the issuance rules for "stablecoins." In April, Bank of Korea Governor Hyun Song Shin announced plans to expand the use of CBDC and deposit tokens. According to him, this is necessary to adapt the monetary system to digital transformation. 

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blockonomi.com Could the Next Crypto Bull Run Start at a G7 Meeting While Pepeto, ETH, and SOL Prepare for Liftoff

G7 Finance Ministers meet in Paris on May 18 and 19 to talk about the fallout from Iran tensions, rising oil past $107, and how it all hits global markets. While Ethereum and Solana drop with the sell-off, the crypto bull run positioning that matters most is happening at the presale level, and Pepeto at [...] The post Could the Next Crypto Bull Run Start at a G7 Meeting While Pepeto, ETH, and SOL Prepare for Liftoff appeared first on Blockonomi.

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news.bitcoin.com Canaan Wins Nordic Heating Bid, Turns Bitcoin Mining Waste Heat Into Residential Hot Water

Canaan Inc. has been selected to supply hash-to-heat equipment to a district heating network in the Nordic region, deploying its Avalon A1566HA hydro-cooled mining units to deliver hot water directly to residential customers. Canaan Deploys 920 Avalon A1566HA Miners to Heat 2,800 Homes in Nordic District Network The project uses Canaan‘s (Nasdaq: CAN) hydro-cooled Avalon […]

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cryptopotato.com $100/Month in Bitcoin Since 2015 Would Have Turned $13,700 Into $632,000, Coinbird Analysis Shows

[PRESS RELEASE – Nuremberg, Germany, May 19th, 2026] Based on Coinbird DCA Calculator data: monthly Bitcoin buying since 2015 returned +4,515%, while investors would still have endured a 76.72% drawdown, and DCA underperformed lump-sum investing in Coinbird’s tested shorter-term scenarios New analysis from independent crypto comparison platform Coinbird shows what disciplined monthly Bitcoin buying since […]

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cryptopotato.com Ethereum Price Prediction: Is Sub-$2K Inevitable for ETH After Losing the 100-Day MA?

Ethereum remains under persistent selling pressure after failing to reclaim key resistance zones, with recent price action pointing to weakening bullish momentum and a growing probability of deeper retracement. The market is now testing critical support levels that could determine ETH’s next major move. Ethereum Price Analysis: The Daily Chart Ethereum has extended its corrective […]

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cryptopotato.com Ape and Pepe (APEPE) Announces Ecosystem Expansion Through the Launch of Community FLOW

[PRESS RELEASE – New York, USA, May 19th, 2026] Ape and Pepe (APEPE), a Polygon-based, community-driven hybrid meme ecosystem project, has officially announced the launch of “Community FLOW,” a new initiative aimed at expanding global community engagement and enhancing ecosystem transparency. The launch of Community FLOW is part of APEPE’s long-term ecosystem expansion strategy focused […]

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cryptopotato.com WhiteBIT Taps Elina Svitolina for Limited-Edition Nova Card Skin as Roland-Garros Season Begins

[PRESS RELEASE – Vilnius, Lithuania, May 19th, 2026] A new card skin, a crypto reward for first-time users, and a donation to the Elina Svitolina Foundation with every activation — a chance to make an impact on and off the court. WhiteBIT, the largest European cryptocurrency exchange by traffic, has announced a new initiative with its […]

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cryptopotato.com Ripple Price Analysis: Is XRP Heading Toward $1 as Sellers Resume Control?

Ripple’s XRP remains trapped in a prolonged consolidation phase after months of persistent bearish pressure, with recent price action reflecting indecision and a lack of strong directional momentum. The asset is now hovering near critical support levels, where the next breakout could define the medium-term trend. Ripple Price Analysis: The Daily Chart On the daily […]

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bitcoinist.com XRP Ledger Hard Fork In 8 Days? Upgrade Deadline Sparks Network Split Debate

The XRP Ledger community is debating whether an approaching v3.1.3 upgrade amounts to a hard fork after infrastructure operators warned that nodes failing to update before the fix amendment activates will no longer be able to communicate with the network. The dispute erupted after XRPL validator operator Vet said version 3.1.3 of rippled had been […]

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news.bitcoin.com Bitcoin Price Action Stalls Near $76K Support as Volatility Compresses

Bitcoin hovered near $76,738 early Tuesday as traders watched a tightening consolidation range follow a strong multiweek advance. Technical indicators across the one-hour, four-hour, and daily charts remained mixed, pointing to cautious momentum. Support around $76,000 held as the critical level shaping near-term price direction. Bitcoin Chart Outlook On the one-hour bitcoin chart, intraday price […]

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news.bitcoin.com Solana OG Who Staked for Five Years Has Quietly Cashed out $137 Million in SOL

A solana staker who locked up nearly a million tokens five years ago has now offloaded more than $137 million worth of sol, but still has $32 million staked. Five Years Staked, One Year Selling A veteran solana holder sold another 30,000 sol for approximately $2.56 million, bringing their total recorded exits to 965,274 SOL […]

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forklog.media Saudi Arabia Launches Its First Quantum Computer

Saudi Aramco and Pasqal have unveiled Saudi Arabia's first quantum computer and introduced the Quantum Computing as a Service (QCaaS) platform.  The quantum processor was deployed back in November 2025, but full operation has only now become feasible. The device is housed in Aramco's data centre. The system is based on Pasqal's processor with 200 programmable qubits, built using neutral atom technology.  QCaaS is designed for both internal company projects and external users—research centres, universities, and businesses. Access to the system is provided through Pasqal's cloud infrastructure. According to the press release, the service is aimed at industrial tasks in energy, material studies, and other industrial sectors. The project also develops quantum-hybrid solutions. Among the application areas already being tested by partners are: port logistics optimisation; carbon dioxide storage; well logistics; drilling rig placement planning. Under the partnership terms, Aramco acts as the anchor customer and develops the roadmap for applied cases. Pasqal is responsible for cloud access and connecting external users.  Ahmad Al Khowaiter, Aramco's Executive Vice President of Technology and Innovation, linked the launch to the development of local expertise in quantum computing. He stated that the company is focusing on joint research and training specialists within the country.  “Let this achievement be a catalyst for an innovation-based economy, creating highly efficient, promising jobs for our youth and contributing to the implementation of [the national scientific programme],” noted Al Khowaiter. Pasqal's CEO, Wasik Bokhari, stated that the project demonstrates the transition of quantum computing from demonstration scenarios to business applications. Aramco recalled that its venture arm, Wa’ed Ventures, invested in Pasqal back in January 2023. Following this, the parties launched a separate programme for quantum computing for operational tasks with high potential value. The focus is on scenarios where the quantum-hybrid approach can surpass the capabilities of classical computing. Earlier, in March, the US Department of Energy announced plans to develop a quantum computer.

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forklog.media IBM Declares the Dawn of Practical Quantum Computing

Quantum computing is transitioning from laboratory experiments to real-world applications, according to Petra Florisoon, IBM Quantum's Global Sales Director, as reported by Maeil Business. At the IBM Quantum Connect APAC conference in Seoul, she confirmed plans to achieve the first verified instances of quantum advantage by the end of 2026. Florisoon also announced the development of a large-scale fault-tolerant quantum computer, IBM Quantum Starling, by 2029. It will be capable of executing quantum circuits involving 100 million gates on 200 logical qubits. The system is being developed at a facility in Poughkeepsie, New York. After 2033, the company plans to transition to the Blue Jay device with 2000 logical qubits and 1 billion operations. IBM's roadmap. Source: IBM. According to Florisoon, quantum computing is "no longer a technology of the future." IBM is currently promoting the concept of "quantum utility"—a stage where such systems provide practical benefits to businesses and research centers, although they do not yet surpass classical computers in all aspects. The next stage is quantum advantage—a situation where such a computer solves a problem faster, cheaper, or more accurately than classical methods. As a prime example, the company cited a joint project with Cleveland Clinic, RIKEN, and IBM. Researchers modeled a protein-ligand complex consisting of 12,635 atoms. The company claims this is the largest heterogeneous quantum-classical electronic structure calculation to date. The calculations used two IBM quantum computers and two supercomputers. The work simultaneously involved a QPU, CPU, and GPU. This allowed them to: scale the system by 40 times; increase accuracy by 210 times; utilize up to 94 qubits. Another case involves Australia's Q-CTRL. The company claimed it completed a materials science task on the IBM Quantum platform more than 3000 times faster than the classical approach. The quantum algorithm completed the task in about two minutes, whereas the classical calculation took over 100 hours. There is no independent verification of these data yet. International Partnerships IBM has paid special attention to Asian infrastructure. Since November 2024, IBM Quantum System One with a 127-qubit Eagle processor has been operational at Yonsei University in South Korea. The company describes the system as part of the national research infrastructure in quantum technologies. In Japan, the firm collaborates with the RIKEN institute. In 2025, the partners integrated the Fugaku supercomputer with IBM Quantum System Two, featuring a 156-qubit Heron processor. RIKEN described the project as the first deployment of IBM Quantum System Two outside North America. In May, Saudi Aramco and Pasqal launched access to the first quantum computer in Saudi Arabia and introduced the Quantum Computing as a Service platform.

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news.bitcoin.com Bitcoin’s 2028 Halving Countdown Begins as Fewer Than 100,000 Blocks Remain

Bitcoin’s fourth halving is now well in the rearview mirror as fewer than 100,000 blocks remain. The network is entering the final stretch before the next reward cut, expected around April 2028. The Clock Is Ticking on Block 1,050,000 Live data shows fewer than 100,034 blocks remain between today and Bitcoin’s next halving, pegged at […]

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forklog.media Echo Protocol Suffers $816,000 Hack

The Bitcoin-focused DeFi protocol Echo has halted cross-chain operations following an attack on the bridge within the Monad network. The incident was triggered by the unauthorized issuance of 1,000 eBTC liquidity tokens. gm @EchoProtocol_ may be hacked on @monad Someone minted 1k ebtc out of nowhere, max borrowed wbtc against it on @Curvance, bridged, and tornado away— DCF GOD (@dcfgod) May 18, 2026 The BTCFi platform team confirmed that the incident was caused by the compromise of an administrative key within the Monad network. The actual damage amounted to approximately $816,000. Earlier today, Echo Protocol identified unauthorized activity involving eBTC on Monad that resulted in unauthorized minting and associated fund loss.Our investigation indicates the issue originated from a compromised admin key affecting the Monad deployment. Based on current…— Echo Protocol (@EchoProtocol_) May 19, 2026 “Monad was not affected and continues to operate normally,” representatives of the protocol stated. By the time of writing, developers had regained control over the administrative key and burned 955 eBTC that remained in the hacker's wallet.  According to analysts at Onchain Lens, the attacker initially deposited 45 eBTC as collateral in the lending protocol Curvance to borrow approximately 11.29 WBTC. Exploit Alert 🚨According to @dcfgod, @EchoProtocol_ on @monad has been exploited.The attacker reportedly minted 1,000 $eBTC worth $76.7M and used a previously tested exploit flow to extract funds through Curvance.So far, the exploiter has:• Deposited 45 $eBTC ($3.45M)… pic.twitter.com/933n9bbq3X— Onchain Lens (@OnchainLens) May 18, 2026 The hacker transferred the obtained funds to the Ethereum network, exchanged them for ETH, and withdrew through the mixer Tornado Cash.  Monad founder Keone Hon clarified that the network's core infrastructure was not affected: “The issue is solely related to the application and the bridge.” Curvance representatives stated that the isolated architecture of their markets prevented the attack from spreading to other assets. As a precaution, the protocol has suspended the Echo eBTC pool. The Echo team continues to investigate with ecosystem partners and is working on implementing additional security measures before resuming bridge operations. In April, Kelp was hacked with a loss of $292 million, allegedly by the Lazarus Group. The incident was the largest in the DeFi sector since the beginning of the year.  In May, attackers extracted $10 million from the cross-chain protocol THORChain. The project's developers confirmed the hack and denied the launch of a compensation program.

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blockonomi.com Solana Price Prediction Targets $250 With Firedancer Live but Pepeto Presale Holders Stand to Gain Even More Before Listing

Firedancer just started producing blocks on the Solana mainnet and spot SOL ETFs have crossed $1 billion in combined assets, yet the Solana price prediction still puts the token near $84.84 with a long road to reclaim its $295 high. While SOL holders wait for Firedancer to push prices higher, thousands of wallets are entering [...] The post Solana Price Prediction Targets $250 With Firedancer Live but Pepeto Presale Holders Stand to Gain Even More Before Listing appeared first on Blockonomi.

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blockonomi.com BNB Smart Chain’s Post-Quantum Cryptography Test Cuts Throughput by 40%

TLDR: BNB Smart Chain’s post-quantum test reduced native transfer TPS from 4,973 to 2,997, a 40% drop. Transaction signatures grew from 65 bytes to 2,420 bytes after shifting to the ML-DSA-44 standard. pqSTARK consensus aggregation achieved a 43:1 compression ratio, keeping validator overhead manageable. Cross-region P99 finality degraded from 2 to 11 slots due to [...] The post BNB Smart Chain’s Post-Quantum Cryptography Test Cuts Throughput by 40% appeared first on Blockonomi.

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blockonomi.com Binance x402 Launches HTTP-Native Programmable Payments for AI Agents on BNB Chain

TLDR: Binance x402 uses standard HTTP 402 flows for off-chain authorization and on-chain settlement on BNB Chain. Trust Wallet AgentKit supports x402 natively, keeping private keys on-device during autonomous agent payments. Gartner forecasts global AI spending will hit $2.52 trillion in 2026, driving demand for agent payment rails. Merchants integrate via standard HTTP APIs, removing [...] The post Binance x402 Launches HTTP-Native Programmable Payments for AI Agents on BNB Chain appeared first on Blockonomi.

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blockonomi.com AI Financial Warns of Collapse Risk After $271 Million Loss Tied to WLFI Token Crash

TLDR: AI Financial reported a net loss of $271.5 million for the quarter ended March 28, 2026. The firm’s 7.28 billion WLFI tokens lost roughly $294 million in value within just three months. AI Financial flagged substantial doubt about its ability to continue operating within one year. Shares of AIFC dropped 9.61% to $0.91 on [...] The post AI Financial Warns of Collapse Risk After $271 Million Loss Tied to WLFI Token Crash appeared first on Blockonomi.

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bitcoinist.com Crypto Hack Hits Echo As Monad’s eBTC Market Faces Fallout

Echo Protocol is investigating a security incident involving its bridge on Monad after crypto on-chain analysts said an attacker minted 1,000 eBTC and used part of the position to extract WBTC liquidity through Curvance. The first public alarm came from on-chain analyst DCF GOD, who wrote that Echo “may be hacked on Monad.” He added: […]

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news.bitcoin.com Strategy Holds 843,738 BTC vs Blackrock’s 817,138 as the Race to a Million Bitcoin Intensifies

Fewer than 27,000 BTC now separates Strategy and Blackrock in what has become an unprecedented contest to be the first institution to hold 1 million bitcoin. Two Giants, One Finish Line For much of late 2024 and early 2025, Blackrock’s iShares Bitcoin Trust was regarded as the fastest-growing exchange-traded fund (ETF) in U.S. market history. […]

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blockonomi.com Echo Protocol Suffers $816K Loss After Admin Key Compromise on Monad Network

TLDR: Echo Protocol’s admin key was compromised on Monad, leading to $816K in unauthorized eBTC minting losses. The team regained admin key control and burned 955 eBTC still held by the attacker after the breach. Aptos was not directly compromised, though $71K in exposure was found across lending and liquidity pools. Monad and Aptos bridge [...] The post Echo Protocol Suffers $816K Loss After Admin Key Compromise on Monad Network appeared first on Blockonomi.

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news.bitcoin.com Bitcoin Traders Push BTC Back to $77K After Trump Freezes Iran Response

On May 19, bitcoin rebounded from a low of $76,000 to trade above $77,000 ($77,200 by 3:50 AM EST). However, Bitfinex analysts warn that the drop below $78,000 exposes deep market fragilities. Geopolitical Relief Bitcoin climbed back above $77,000 on the morning of May 19, rebounding from a late‑Monday dip to $76,000. The recovery remained […]

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blockonomi.com WowMyToken (WYT) is a new Utility Token concept.

Its relationship with the WowMyCity Platform ecosystem drives it toward mass adoption, as customers receive Tokens for their daily actions: shopping, dining, leisure, etc. Similarly, users will accumulate their tokens and will also be able to pay for their purchases using them. It is a Utility Token designed for making purchases. To reward its customers, [...] The post WowMyToken (WYT) is a new Utility Token concept. appeared first on Blockonomi.

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forklog.media Musk Loses Legal Battle Against Sam Altman and OpenAI

A federal court in Oakland has dismissed Elon Musk's lawsuit against Sam Altman, Greg Brockman, OpenAI, and Microsoft due to late filing, according to NBC News. The jury of nine found that the claims were barred by the statute of limitations. Deliberations took less than two hours. In the case, Musk claimed that OpenAI had abandoned its original non-profit mission and effectively transformed into a profit-driven entity. The defendants allegedly "stole a charitable organization" by creating a commercial division and allowing the leadership to personally profit. The timing of the lawsuit filing was crucial. OpenAI's defense argued that the alleged damages occurred before 2021. Different deadlines applied to various aspects: before August 5, 2021; before November 14, 2021; before August 5, 2022. The jury found the defendants' arguments convincing. The verdict was delivered during a separate hearing on potential compensation Musk might have received if he had won. Judge Yvonne Gonzalez Rogers also criticized the plaintiff's damage estimates. Musk's expert assessed the alleged wrongful gains of OpenAI and Microsoft at $78.8 billion to $135 billion. Rogers stated that the calculations were not linked to the facts established in the case. OpenAI's lawyers portrayed the case as an attempt to pressure a competitor. The company's lead attorney, Bill Savitt, called the lawsuit a "belated fabrication" and an attempt at sabotage. Following the decision, Microsoft welcomed the outcome and stated it would continue its partnership with Altman's company to advance AI systems. Musk responded differently: "For anyone who has closely followed the case, there is no doubt that Altman and Brockman indeed enriched themselves by stealing a charitable organization. The only question is when they did it." The entrepreneur announced his intention to appeal. The decision removes one of the main legal obstacles for OpenAI amid discussions of a potential IPO. Back in October 2025, the AI startup completed a restructuring, during which the company was split into a commercial corporation and a non-profit foundation.

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forklog.media RWA Capitalization on Solana Surpasses $2 Billion

By the end of the first quarter, the volume of real-world tokenized assets (RWA) on the Solana network increased by 43%, reaching $2.01 billion, according to a report by Messari. Three assets had the most significant impact on the segment: BlackRock BUIDL: capitalization doubled to $525.4 million following the integration of custodian Anchorage Digital; PRIME: increased by 124% to $361.2 million, supported by the Kamino protocol; ONyc: rose by 101%, reaching $145.4 million. Source: Messari. Analysts noted the diversification of the credit market. Deposits in PRIME on the Kamino and Jupiter Lend platforms accounted for 13% of the total volume. DeFi Segment and Application Revenue The total value locked in Solana fell by 22% to $6.16 billion. Messari attributed this to a 33% drop in the price of SOL (from $124.44 to $83.11), rather than a user exodus. Source: Messari. The blockchain's share of the overall DeFi market remained stable at 6.7%. The largest protocols were Kamino ($1.72 billion) and Jupiter ($1.69 billion). Application revenue for the quarter totaled $342.2 million. Pump.fun remained the leader with $124.7 million (+17%). The trading app Axiom ranked second with $42.4 million. Source: Messari. The report highlights the development of infrastructure for payments and AI agents. The x402 protocol was adopted by major providers, including Alchemy and QuickNode. User Behavior and Stablecoins Researchers observed an acceleration in trading: the average token holding time decreased from 81 to 57 seconds. Analysts linked this to the popularity of short-term trades in the meme coin segment. The volume of stablecoins on Solana reached $14.85 billion (third among blockchains): USDC: $7.83 billion (-21%); USDT: $2.89 billion (+34%); USD1: $883.5 million (+473% following inflows from Binance). Source: Messari. The main event of the quarter was the plan to implement the Alpenglow update in the Agave 4.1 release. It proposes replacing the Proof-of-History and Tower BFT mechanisms with Rotor and Votor. This is expected to reduce transaction finalization time from 12.8 seconds to 150 milliseconds. The total number of coins locked in staking reached a historic high of 424.7 million SOL. Source: Messari. By the end of the quarter, corporate balances held 18.6 million SOL ($1.54 billion). In May, trading volume on decentralized exchanges on the Solana network fell to 94% relative to Ethereum's figures. 

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