Arthur Hayes: The so-called crypto quantum threat is "nonsense", users only need to focus on wallet management.
In a recent interview with The Rollup, Arthur Hayes dismissed the so-called crypto quantum threat as "bullshit"—exaggerated and overblown, framing it as a known, manageable risk rather than a reason to sell assets. Hayes emphasized that effective protection hinges on wallet hygiene practices, such as avoiding address reuse and using updated signature types, noting that most risks are concentrated among users with poor address management. He does not view quantum computing as a current catalyst for panic or selling Bitcoin.
38 minutes ago
Thai police arrested a Chinese fugitive wanted by China on suspicion of money laundering and crypto transactions in Bangkok.
According to Thai media outlet Khaosod English, Thai immigration police recently arrested a 37-year-old Chinese national in Bangkok. The man is wanted by Chinese police on suspicion of involvement in a transnational criminal network and money laundering. Police said the criminal network in question involved transactions exceeding 500 million yuan (approximately 2.485 billion Thai baht). The suspect is alleged to have processed cryptocurrency and foreign exchange transactions for the criminal group via more than 133 accounts, and assisted members of the transnational criminal network in obtaining visas. Police added that the suspect evaded manhunts by falsifying residence registration documents, changing license plates, and altering vehicle appearances, before finally being apprehended at a luxury residence in Bangkok. Thai authorities will handle his overstay issues in accordance with the law and coordinate his deportation back to China for investigation.
38 minutes ago
The case of Holograph’s illegal additional issuance of 1 billion tokens has opened in Paris, involving approximately $14 million.
Holograph (HLG)’s 2024 illegal issuance of 1 billion tokens went to trial on October 16 in Paris, with the case involving approximately $14 million at the time. Among the three defendants, the main suspect is a Ukrainian former Holograph employee residing in France, accused of modifying token creation conditions to illegally mint 1 billion HLG, transferring them to a personal wallet, and moving the funds via multiple exchange accounts with accomplices. A lawyer for the Holograph Foundation told the court that the incident caused the project to lose client trust, has now come to a complete halt, and the foundation is preparing for liquidation.
38 minutes ago
Analysis: Crypto hackers, including those involved in the Ledger case, are actively using ZEC to transfer funds.
According to crypto analyst Specter, since the Bitget attacker transferred stolen funds via Zcash’s privacy features, other stolen funds have also started flowing into ZEC, including funds from the Cryptobills Ledger incident and the $12 million Triple-A hack.
38 minutes ago
Arbitrum unveils USDG stablecoin growth program, with a 2 million ARB reward pool.
On October 15, the Arbitrum Foundation launched its Stablecoin Growth Program for protocols holding stablecoin balances of no less than $1 million, requiring selected teams to designate USDG as their primary stablecoin on Arbitrum One. The program offers a 2 million ARB reward pool: the first 10 teams that achieve a 30-day average USDG balance of $10 million will each receive up to 200,000 ARB (capped at $200,000). The reward pool is valid through December 31, 2027, and each participant is eligible for only one reward.
38 minutes ago
Hong Kong's "BBB Group" Agarwood Investment Suspected of Scam; Police Arrest Four Over Sale of OTC Stocks, Digital Assets
According to Hong Kong media outlet HK01, Hong Kong’s BBB Group (Chinese name: Hao Hao Hao Group) is suspected of running a scam, as it claims to invest in Malaysia’s agarwood industry while selling over-the-counter (OTC) stocks and digital assets. The company has reportedly stated it will convert its OTC stocks into "digital assets" (cryptocurrencies) by or before February 2027. Hong Kong Police have received 21 complaints related to these investment projects, involving HK$14 million. The Commercial Crime Bureau is investigating the case on suspicion of conspiracy to defraud, and has carried out arrest operations, with four suspects taken into custody so far. Additionally, the official website of Hong Kong’s Securities and Futures Commission (SFC) has listed "Malaysian Agarwood Plantation Investment / Agarwood Tree Scheme / Agarwood Potted Trees / APT4.0" as a suspicious investment product.
38 minutes ago
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