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Bitcoin Researcher Reviews Google's Quantum Paper: 10% Probability of Quantum Breaking Bitcoin by 2032

2 hours ago

March 31st — Bitcoin security researcher and Ethereum Foundation researcher Justin Drake has published an article addressing the quantum computing threat to Bitcoin’s security. Drake argues Google’s Quantum AI whitepaper findings are conservative: “By 2032, there’s at least a 10% chance a quantum computer could recover a secp256k1 ECDSA private key from a leaked public key. While a cryptographically relevant quantum computer (CRQC) emerging by 2030 still feels unlikely, now is clearly the time to start preparing.” He also notes that a commercially viable Bitcoin proof-of-work (PoW) via the Grover algorithm is not on the short-term horizon — “we’re talking decades, if not centuries.” This, he says, should focus discussions on ECDSA and Schnorr. As an unofficial Bitcoin security researcher, Drake adds he still believes Bitcoin’s PoW has failed due to a reduced security budget.
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Trump Says Not Yet Giving Up Pressure on Iran to Open Strait of Hormuz

March 31 — In a CBS News interview, former President Donald Trump said he’s “not ready to give up” on efforts to pressure Iran to reopen the Strait of Hormuz. A CBS reporter reached out to Trump Tuesday morning to clarify his earlier comment suggesting he might back off related actions. Trump repeated his frustration that other countries haven’t deployed military forces to join U.S.-led efforts against Iran, but stressed he’s not ready to pull U.S. forces out of the standoff. “I’ll do it at some point, but not now. Other countries have to get involved and handle this themselves. Iran’s been weakened, but they need to take care of it on their own,” he said. Trump also emphasized that despite Iran’s ongoing attacks on ships and Gulf state infrastructure, there’s “no real threat” to the Strait of Hormuz. “Let them fight their own battles. They won’t help anyone. NATO’s terrible—they’re all terrible. If they want oil, they should go get it themselves,” he added. (FX Street)

11 minutes ago

Base Announces 2026 Strategy: Focus on Tokenization Market, Stablecoins, and Developers

CoinDesk reported on March 31 that Coinbase’s Layer 2 network Base has unveiled its 2026 strategy, focusing on three core areas: tokenized markets, stablecoin payments, and the developer ecosystem—with the goal of building a “global on-chain economy.” For markets, Base plans to build infrastructure to support tokenized versions of assets like stocks and commodities, while also covering native crypto markets such as perpetual contracts and prediction markets. It aims to boost settlement speed, cut costs, and expand the Base App into a trading venue for multiple asset classes. On the payments front, Base will prioritize stablecoins, with plans to roll out privacy features, allow transaction fees to be paid in stablecoins, expand multi-currency stablecoin liquidity, and integrate financial tools like savings and lending directly within the app. For developers, Base says it will continue investing in initiatives like Base Batches, while launching new tools—including support for AI

11 minutes ago

Uniblock Completes $5.2 Million Funding Round with Participation from SBI

March 31: Blockchain infrastructure provider Uniblock has raised $5.2 million in a new funding round, pushing its total funding to $7.5 million, per Decrypt. Investors in the round include SBI, AllianceDAO, CoinSwitch, Blockchain Founders Fund, Hustle Fund, AAF Management, NGC Ventures, plus strategic backers Alchemy and MoonPay. Uniblock is positioned as a cross-chain "custodial infrastructure layer," offering access to 3,000+ interfaces via a single API connection. Using patented automatic routing technology, it handles node selection, failover, and data normalization across 55 data partners, covering 300+ blockchains. The platform currently serves 3,000 projects and 4,000 developers. Production-environment clients include Plume Network, Stellar Blockchain, Hypernative, Oku Trade, and Apechain—with Plume and Apechain integrating Uniblock as their custodial RPC infrastructure through ecosystem partnerships.

11 minutes ago

Stablecoin Clearing Service Provider The Better Money Company Completes $10 Million Seed Round, Led by a16z crypto

March 31 — The Better Money Company, a stablecoin clearing service provider co-founded by former a16z investor Sam Broner, has closed a $10 million seed round led by a16z crypto. Participating investors include BoxGroup, Sunflower Capital, Circle co-founder Sean Neville, former Microsoft executive Charlie Songhurst, and other angel backers. The capital will be used to build a stablecoin clearinghouse and forge partnerships with stablecoin issuers. (Fortune)

11 minutes ago

Italy Refuses Landing of US Military Aircraft at Italian Air Base

March 31 — Italy denied landing permission to a U.S. military aircraft at an Italian Air Force base, citing "lack of authorization and a non-routine mission."

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Reuters Significantly Raises 2026 US Crude Oil Average Price Outlook

Per a March 31 Reuters survey, the average 2026 price of U.S. crude oil is forecast at $76.78 per barrel—up from February’s projection of $60.38—while Brent crude’s 2026 average is seen at $82.85/bbl, a jump from the prior month’s $63.85 estimate. (FXStreet)

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