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More →Nine crypto organizations have officially formed the Quantum Alliance, with over 6 million Bitcoin at risk.
Nine crypto organizations have officially launched the Quantum Alliance, stating that more than 6.04 million bitcoins are exposed to quantum computing risk, accounting for roughly 30% of bitcoin's total supply. Six organizations, including Quantus, Keystone, and Hacken, said that no quantum computer currently exists that is powerful enough to break these networks and wallets. The alliance will develop shared standards to test which networks and wallets are genuinely quantum-safe.
The White House says Musk's flying Tesla sports car arrived before GTA 6.
CoinWorld news, the White House joked on social media that Musk's flying Tesla sports car arrived before the highly anticipated Grand Theft Auto 6. The White House's official account tweeted on October 16: "We really got flying cars before GTA 6," along with images of President Trump with futuristic vehicles and helicopters. Although the flying sports car prototype has already conducted test flights, GTA 6 is expected to be released next month, while Tesla is not expected to begin production until 2028. The White House tweet sparked a popular social media joke about real-world developments outpacing game releases.
Bitcoin's market cap dominance stands at 59.42%.
BiJie.com data: Under BiJie.com's unified market methodology, Bitcoin's market capitalization accounts for 59.42% of the total cryptocurrency market capitalization.
BTC perpetual contract open interest totals 14.98 billion USD
According to data from Bijie.com: under the statistical methodology of selected mainstream platforms, the total notional value of open interest in BTC USDT-margined perpetual contracts is 14.98 billion USD.
The long-short account ratio for SOL perpetual contracts is 2.44.
CoinWorld data: The SOLUSDT 4-hour long-short account ratio is 2.44, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it decreased by 0.0036; compared with the same-caliber snapshot 7 days ago, it increased by 0.0363.
The long-to-short account ratio for ETH contracts is 2.78.
CoinWorld data: The ETHUSDT 4-hour long-short account ratio is 2.78, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it rose by 0.1469; compared with the same-caliber snapshot 7 days ago, it fell by 0.2255.
Chamath Palihapitiya: AI revenue quality issues, venture capital over-reliance
Benzinga reports that Chamath Palihapitiya pointed out that AI has a "revenue quality problem" and warned about excessive reliance by venture capital. However, crypto traders say there is little risk of a crash.
Polkadot fell 5% today, pulling back to $1.14.
Polkadot (DOT) fell about 5% today, pulling back to $1.14, after briefly rising to $1.29 on October 10. Although Polkadot introduced a supply cap of 2.1 billion DOT and reduced token issuance, market demand for it still appears insufficient. The token began rebounding on October 9, rising from about $1.09 to $1.24, but fell again by about 7% on October 12. Currently, the price weakness of Polkadot is related to selling pressure across the broader small-cap cryptocurrency market. Despite improvements in its tokenomics, short-term investor sentiment and liquidity remain important factors affecting the price.
Adam Back responds to Ledger co-founder's view on the AI ECDSA discovery
Coin World news: Adam Back responded to Ledger co-founder Nicolas Bacca's post on X, saying "checkmate satoshi," a humorous comment on Claude's revelation of the origins of the ECDSA curves. Claude discovered within less than half an hour the origins of the NIST P-192, P-224, P-256, P-384, and P-521 seeds, which did not come from any hash algorithm but were generated by the C library's lrand48 random number generator, with the seed being a Unix timestamp. This discovery reduced speculation that the mysterious NSA cryptographic seeds might hide a backdoor. Back further stated, "This is the NSA's fault, because they did not disclose the reproducible steps for generating the curves published by NIST." Bacca also said, "True, but it's still a good joke."
On-chain data tracking shows more stolen funds flowing into Zcash.
BlockBeats data: On-chain analyst Specter has discovered more stolen funds flowing into Zcash, with related activity linked to multiple security incidents, particularly the Bitget attacker disclosed by Zachxbt. Specter noted that other threat actors have begun exploiting Zcash's privacy features for money laundering. Zachxbt reported that the attacker stole approximately 18,900 ZEC, worth about $28.3 million, from a hot wallet on September 24, 2026. Following the attack, the attacker began hiding approximately 2,700 ZEC, worth about $3.8 million, through Zcash's Ironwood pool. The overall investigation shows that the total network losses involved reached $387.5 million.