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blockonomi.com Samsung Backs Upbit Operator Dunamu in Digital Asset Push

TLDR Samsung Securities, Samsung SDS, and Samsung Card will buy a combined 4 percent stake in Dunamu. The three Samsung affiliates will acquire about 1.39 million Dunamu shares from Kakao affiliates. Samsung Securities will hold 2 percent, while Samsung SDS and Samsung Card will each hold 1 percent. The investment supports Samsung’s plans in security [...] The post Samsung Backs Upbit Operator Dunamu in Digital Asset Push appeared first on Blockonomi.

forklog.media Researchers Develop Perfect Quantum Randomness Generator

Scientists from the Swiss Federal Institute of Technology Zurich have developed a method for creating mathematically flawless randomness. This technology addresses vulnerabilities in digital systems and cryptography. Modern random number generators often make systematic errors. In cryptography, even the slightest deviation can become a loophole for hacking. The team led by Renato Renner and Andreas Wallraff discovered a way to transform "weak" randomness into completely reliable sequences. For the experiment, the scientists used two superconducting qubits connected by a 30-meter vacuum cable. Chips cooled to near absolute zero provided quantum entanglement. The 30-meter distance ensured no information exchange between particles, even at the speed of light. The essence of the method lies in "randomness amplification." The researchers combined imperfect input data with quantum measurement results and a special algorithm. The result was a sequence of numbers whose randomness can be mathematically verified. The quality of data protection directly depends on the reliability of the random number generator: the higher the randomness, the harder it is to breach the system. The authors compared the result to creating atomic clocks for the data world. In the future, the technology could enhance the security of blockchains, lotteries, and quantum encryption systems. Earlier in May, Australian researchers developed a nanoscale photonic circuit that integrates the generation, routing, and reading of light signals on a single chip.

cryptobriefing.com Theta partners with XYO to verify AI agent workloads on EdgeCloud through blockchain technology

The partnership could enhance trust in decentralized AI, potentially accelerating its adoption in regulated industries by ensuring verifiable performance. The post Theta partners with XYO to verify AI agent workloads on EdgeCloud through blockchain technology appeared first on Crypto Briefing.

cryptobriefing.com United States and Iran trade military strikes as fragile truce collapses, crypto markets bleed $80 billion

The collapse of the US-Iran truce destabilizes global markets, highlighting geopolitical risks' profound impact on financial systems. The post United States and Iran trade military strikes as fragile truce collapses, crypto markets bleed $80 billion appeared first on Crypto Briefing.

bitcoinist.com Strive Deepens Bitcoin Bet With Fresh 1,109 BTC Purchase

Jeff Walton thinks the idea is almost too simple. The chief risk officer at Strive Asset Management said this week that Bitcoin-backed securities could reshape how people think about money and credit — and that skepticism around the sector partly stems from how straightforward the concept seems. Related Reading: Crypto PACs Flex Political Muscle In […]

news.bitcoin.com Strive Buys 1,109 Bitcoin as Treasury Rises to 16,500 BTC

Strive bought 1,109 bitcoin last week, raising its total holdings to 16,500 BTC and strengthening its place among major public corporate holders. The company is also reviewing new capital-raising tools as it prepares to expand its bitcoin-linked treasury strategy. ASST Climbs 133% as Strive Expands Bitcoin Treasury With $85M Addition Strive has added over 1,000 […]

forklog.media Cryptocurrency Funds Increase Influence on U.S. Elections

The crypto industry is ramping up its influence on American politics ahead of the Congressional elections. Hundreds of millions of dollars have already been directed to support favorable candidates, with the balance increasingly shifting towards Republicans, writes CoinDesk. The main player is Fairshake. The committee and its affiliated entities are actively involved in the primaries. In Texas, the organization invested $6.5 million in the campaign of Christian Menefee, who defeated Congressman Al Green, known for his criticism of the crypto industry. Other Republicans in the Texas House of Representatives also received support: Alex Miller, Tom Selle, Carlos De La Cruz, and John Bonk. The spending on their campaigns ranged from $348,000 to $607,000. The Fellowship committee, associated with Tether and Cantor Fitzgerald, plays a separate role. It directed $500,000 to support Texas Attorney General Ken Paxton in his bid for a Senate seat. In the Republican primary, Paxton defeated John Cornyn. Not long ago, the industry aimed to maintain a bipartisan balance. Fairshake operated through Protect Progress and Defend American Jobs structures—for Democrats and Republicans, respectively. By 2026, the focus is shifting to the right. Among other centers of influence are the Digital Freedom Fund of the Winklevoss brothers with $21 million in capital and the Blockchain Leadership Fund, supported by Anchorage Digital and Chainlink, which positions itself as more moderate and formally bipartisan. The Sentinel Action Fund, backed by the Solana Policy Institute and Multicoin Capital, initially announced a campaign against former Senator Sherrod Brown, then directed nearly $900,000 to support Republican Mike Rogers in the Senate race in Michigan. According to Follow the Crypto, industry-related companies and investors have already invested over $320 million in the 2026 election cycle. The reserves of specialized committees exceed $245 million. In the 2024 elections, over 20% of respondents surveyed in several states considered cryptocurrency a key issue.

forklog.media Scientists Develop Full-Cycle Photonic Chip for Quantum Systems

A team from Monash University in Australia has developed a nanoscale photonic circuit that integrates the generation, routing, and reading of light signals on a single chip. The device is constructed using ultrathin materials just a few atoms thick. Engineers have integrated these with specially designed nanostructures (metasurfaces), allowing them to control light at the level of individual quantum states. Illustration of the photonic chip. Source: monash.edu. The key distinction is its operation at room temperature. Most quantum platforms still require cryogenic cooling. The development is related to valleytronics, a field where the valley degree of freedom of electrons in a crystal is used for data encoding. This quantum property enables the formation of stable optical signals that can be directed and converted into an electrical response. According to the researchers, the team has, for the first time, managed to assemble a complete cycle in a compact photonic circuit: from generating 'valley' signals to processing and reading them. Previously, such elements existed separately. As a demonstration, the chip simultaneously encoded and processed two different images, showcasing the ability to work with multiple data streams in parallel. Scientists view the technology as a potential foundation for scalable quantum computers, energy-efficient AI systems, and high-speed optical communications. In May, Oracle and Classiq simulated a 36-qubit quantum circuit in the cloud.

bitcoinist.com Google Engineer Arrested For Using Company’s Own Search Data To Win $1.2 Million On Polymarket

A Google information security engineer has been arrested and charged with commodities fraud, wire fraud, and money laundering after allegedly using confidential internal company data to place a series of bets on Polymarket — the crypto-based prediction market platform — winning approximately $1.2 million by knowing the outcomes of his wagers before the trading public […]

cryptobriefing.com Amazon unveils RNG networking design, boosting data center efficiency by 33% and reducing energy use by 40%

Amazon's RNG design could reshape cloud economics, enhancing sustainability and cost-efficiency, impacting crypto and tech infrastructure strategies. The post Amazon unveils RNG networking design, boosting data center efficiency by 33% and reducing energy use by 40% appeared first on Crypto Briefing.

bitcoinist.com Galaxy Weighs Theories After $8.3M Bitcoin Burn Mystery

Galaxy Research is trying to explain one of the stranger Bitcoin transactions of the year after five addresses sent roughly 107 BTC, worth about $8.3 million, to an old burn address, making the coins provably unspendable. The move, flagged by Galaxy in a thread on X, immediately raised the question that sits at the center […]

news.bitcoin.com US-Iran Escalation Pushes Bitcoin to $72,622 as $870M Long Bets Collapse

Following the news, bitcoin fell 3.6% to a multi-week low of $72,622 before stabilizing just above $73,000. The sudden volatility triggered a massive market sell-off, wiping out over $930 million in leveraged positions. Geopolitical Escalation Triggers Crypto Sell-off Bitcoin plunged below $73,000 early Thursday following reports of fresh U.S. military strikes inside Iran. Market data […]

blockonomi.com Kenya’s Treasury Secretary Dismisses New Crypto Tax Claims in Finance Bill 2026

TLDR: Kenya’s Treasury CS Mbadi says Finance Bill 2026 targets compliance, not new crypto taxes, on May 25. The bill requires Virtual Asset Service Providers to submit annual activity reports directly to the KRA. KPMG warns that web3 platforms face higher operational costs under the new reporting obligations. Kenya’s new framework allows authorities to share [...] The post Kenya’s Treasury Secretary Dismisses New Crypto Tax Claims in Finance Bill 2026 appeared first on Blockonomi.

blockonomi.com Vitalik Buterin Links DeepSeek V4 Local AI Advances to Ethereum Privacy Infrastructure

TLDR: DeepSeek V4’s 2-bit quantized version runs within 90 GB of VRAM, making local AI more accessible on consumer hardware. Apple hardware delivers 35 tokens per second on DeepSeek V4, while AMD trails significantly at only 7 tokens per second. Buterin says ZK-based infrastructure supports both paid remote LLM calls and private Ethereum RPC reads [...] The post Vitalik Buterin Links DeepSeek V4 Local AI Advances to Ethereum Privacy Infrastructure appeared first on Blockonomi.

bitcoinist.com ‘All Of DeFi Unsafe,’ Developer Warns As AI Agents Reshape Security Threats

Attackers drained an estimated $200,000 from DeFi liquidity pools on Ethereum — specifically Uniswap V3 — after exploiting weaknesses in the WUSD.fi and GLOVE incentive system, according to security researchers at ExVul. The attackers cycled funds through multiple wallets to repeatedly farm rewards, taking advantage of flaws baked into the protocol’s incentive structure. Related Reading: […]

blockonomi.com Unusual Machines (UMAC) Stock Surges 9% as Pentagon Selects Partner for Billion-Dollar Drone Initiative

UMAC stock jumped 9% after partner Powerus secured Phase II selection in the Pentagon's $1B Drone Dominance Program. Details on valuation and risks inside. The post Unusual Machines (UMAC) Stock Surges 9% as Pentagon Selects Partner for Billion-Dollar Drone Initiative appeared first on Blockonomi.