News linked to both this project and an event.
Odaily reports: Crypto KOL Seven research posted that "right now, the vast majority of market makers and quantitative firms in the crypto market keep the bulk of their capital and main margin accounts on Binance. Many institutions engage in cross-exchange arbitrage or hedging, and Binance's suspension of withdrawals could cause their funding chains to seize up on the spot—if market volatility continues to intensify, they would be unable to withdraw funds from Binance to top up margin elsewhere. To avoid liquidation, they would be forced to close positions on other exchanges and on-chain, forcibly pulling cash back. This is also why, even though the assets stolen were Ethereum-ecosystem assets, Solana and a bunch of altcoins ended up crashing along with it today."
US President Trump signed two executive orders on Monday aimed at accelerating the nation's quantum computing capabilities and advancing the migration of government systems to post-quantum cryptography. While the orders do not directly mention Bitcoin, industry insiders believe this could benefit blockchain post-quantum security research and development.The two executive orders focus on defending against advanced cryptographic attacks and driving the frontier of quantum innovation. This includes a clear timeline: advancing quantum sensor construction by September 2028, and requiring federal high-value assets and high-impact systems to complete their post-quantum cryptography migration by the end of 2031.Alex Pruden, CEO of Project Eleven, stated that this means the US government will allocate funds and time to achieve post-quantum security goals. It may also extend these requirements to the entire federal contractor system, not just government agencies, thereby accelerating the practical application of post-quantum cryptographic technology.This policy comes amid growing attention within the blockchain industry to quantum threats. The Ethereum Foundation, Solana Foundation, and others have already begun advancing post-quantum security R&D, while the Bitcoin community is also discussing potential risks. Some Bitcoin held in publicly exposed addresses is considered vulnerable to private key derivation attacks once sufficiently powerful quantum computers emerge.Pruden noted that this executive order sets a clear deadline of 2031 for the adoption of post-quantum cryptography, which is more enforceable than the previous US government guidance which only proposed phasing out traditional cryptographic systems by 2035. For Bitcoin and the broader crypto industry, government-level investment in post-quantum security could accelerate the maturation of related tools, standards, and migration pathways.