Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

May 28 — France’s top financial regulator has warned cryptocurrency firms that if they don’t secure an EU operating license by the end of June, they may be blacklisted and face legal action. Per the EU’s Markets in Crypto-Assets (MiCA) regulation, crypto companies must hold a valid operating license by June 30 to keep doing business in the European Union. European regulators have previously cautioned unlicensed firms to draw up an “orderly winding-down plan.”

May 28: Scroll co-founder Sandy Peng argues in a new article that the quantum computing threat to Bitcoin isn’t a physical hurdle—it’s a governance and coordination challenge, not a technical one. A March whitepaper from Google Quantum AI estimates breaking Bitcoin’s secp256k1 elliptic curve with an optimized Shor’s algorithm would require roughly 1,200 logical qubits; that’s nearly 20 times fewer than projections from five years ago. IonQ’s official roadmap targets 1,600 logical qubits by 2028, while IBM plans to launch its 2,000-qubit Blue Jay system by 2033. This puts the quantum threat timeline at roughly a decade, possibly even shorter. Attacks will unfold in waves. The most vulnerable targets are early P2PK-formatted Bitcoin addresses, where public keys are permanently recorded on the blockchain. This includes over 1 million bitcoins mined by Satoshi Nakamoto in Bitcoin’s early days—funds that can’t be moved to secure them because the private key’s holder is unknown. Additionall

May 28: Federal Reserve President John Williams said it remains unclear how the recent surge in productivity will ultimately impact U.S. interest rates and the Federal Reserve’s policy decisions. When addressing how shifting trends in productivity growth will influence the broader economy and monetary policy, Williams’s response was straightforward: “it depends.” Specifically, the outcome hinges on two core factors: the inherent nature of the productivity change at play, and how long that shift is expected to persist. The remarks come amid a broader push by Fed officials to assess how two key developments—the recent spike in productivity, plus expectations for even larger productivity gains stemming from advances in artificial intelligence (AI)—will affect inflation and the labor market. Multiple Fed policymakers have expressed uncertainty about exactly how these dynamics will unfold in the months and years ahead.

May 28 — U.S. Treasury Secretary Janet Yellen has warned companies and countries not to pay Iran overflight fees. The U.S. will cut off Iran’s access to services including landing rights and fuel via Iran Air, and also restrict Iran Air’s ticket sales. Regarding the Iran issue, Yellen emphasized that constructive dialogue will help end the vicious cycle, while the U.S. Treasury continues its economic pressure campaign against the Iranian regime. Sanctions have been imposed on Iran’s Persian Gulf Phosphates Company.

On May 28, Binance Alpha announced a delay in the Sealcoin (QAIT) airdrop. Please wait for the official announcement for more details. As previously announced, Binance Alpha will list Sealcoin (QAIT). Users who hold at least 241 Alpha Points are eligible to claim a first-come, first-served airdrop of 31,111 QAIT tokens.

According to monitoring by Dongcha Beating (Telegram: https://t.me/OneMillion_AI), BYD today launched its super-intelligent entity, Didi Prawn, at the "Dare to Leap" Intelligentization Strategy Conference, with core capabilities including full-memory storage, cross-domain interaction, edge-cloud collaboration, and fast-slow thinking. --- Click the link below to join Dongcha Beating’s Feishu AI News Channel, which delivers 24/7 real-time monitoring of global AI hotspots and industry news.