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Paper is a crypto payment processing company that enables users to create wallets with their email addresses and purchase NFTs with credit cards (or crypto wallets) across the Polygon, Ethereum, Solana, and Avalanche blockchains. This provides non-crypto consumers with a "frictionless" bridge to access the marketplace.
Cluster Protocol closes $5M funding round, led by DAO5
According to The Block, Cluster Protocol—an AI-native infrastructure company building for Web3—has raised $5 million in funding, led by DAO5, with participation from Paper Ventures, JPEG Trading, and Mapleblock Capital. This brings the company’s total funding to $7.75 million. The new capital will accelerate the development of CodeXero, its browser-native IDE built for the EVM ecosystem, expand its product and engineering teams, and enhance its AI systems, developer workflows, deployment infrastructure, and ecosystem growth. Cluster Protocol stated that CodeXero has already connected over 300,000 wallets, processed more than 3 billion AI tokens, and supported the deployment of over 25,000 dApps.
Coinbase Releases Quantum Computing Research Paper: Crypto Industry Must Prepare for Security Upgrades in Advance
Coinbase’s Quantum Computing and Blockchain Independent Advisory Committee released its first position paper, stating that sufficiently powerful quantum computers could one day break the cryptographic mechanisms used by mainstream blockchains to protect digital assets—but such devices do not yet exist, and crypto assets remain secure for now. The industry should begin preparing for quantum-resistant upgrades immediately. The paper notes that Bitcoin mining, hash functions, and on-chain historical records currently face no material risk; the primary vulnerability lies at the wallet layer—in digital signatures. Ethereum has already proposed a relatively clear migration roadmap, while Solana, Algorand, and Aptos have either begun offering or are planning quantum-resistant solutions.
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Cluster Protocol closes $5M funding round, led by DAO5
According to The Block, Cluster Protocol—an AI-native infrastructure company building for Web3—has raised $5 million in funding, led by DAO5, with participation from Paper Ventures, JPEG Trading, and Mapleblock Capital. This brings the company’s total funding to $7.75 million. The new capital will accelerate the development of CodeXero, its browser-native IDE built for the EVM ecosystem, expand its product and engineering teams, and enhance its AI systems, developer workflows, deployment infrastructure, and ecosystem growth. Cluster Protocol stated that CodeXero has already connected over 300,000 wallets, processed more than 3 billion AI tokens, and supported the deployment of over 25,000 dApps.
Coinbase Releases Quantum Computing Research Paper: Crypto Industry Must Prepare for Security Upgrades in Advance
Coinbase’s Quantum Computing and Blockchain Independent Advisory Committee released its first position paper, stating that sufficiently powerful quantum computers could one day break the cryptographic mechanisms used by mainstream blockchains to protect digital assets—but such devices do not yet exist, and crypto assets remain secure for now. The industry should begin preparing for quantum-resistant upgrades immediately. The paper notes that Bitcoin mining, hash functions, and on-chain historical records currently face no material risk; the primary vulnerability lies at the wallet layer—in digital signatures. Ethereum has already proposed a relatively clear migration roadmap, while Solana, Algorand, and Aptos have either begun offering or are planning quantum-resistant solutions.