🇰🇷 Bybit is taking over South Korea’s crypto market — the company is in talks to acquire Korbit, the country’s fourth-largest cryptocurrency exchange.

@DeCenterOrg

🧬 Analyst Willy Woo has proposed a temporary way to protect Bitcoin from the hypothetical threat of quantum computers — by storing coins in SegWit addresses and leaving them untouched for about seven years, until a quantum-resistant protocol is implemented. According to him, such addresses conceal the public key until a transaction is made, making them less vulnerable.

However, some experts argue that SegWit does not provide real protection and that the network will ultimately need a full-scale upgrade. Overall, Woo estimates that the risk of quantum attacks won’t become relevant until around 2030, while work on quantum-safe standards is already underway.

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🇨🇳 China accuses the United States of stealing 127 000 BTC, stolen during a 2020 hacker attack on a Chinese mining pool.

On December 29, 2020, the LuBian mining pool was hacked, and the coins remained untouched for nearly four years—unusual behavior for ordinary hackers.

In June 2024, they were suddenly moved to wallets that Arkham flagged as belonging to the U.S. government.

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🇨🇦 The Mayor of Vancouver pays for a drink using BTC via the Lightning Network.

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🇦🇪 The UAE Central Bank has completed the first transaction with its digital dirham (CBDC) as part of a pilot project — the full rollout is planned for late 2025 and will take place in phases.

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🇰🇬 Kyrgyzstan has issued 50 140 738 USDKG tokens, backed by gold and pegged to the US dollar at $1 per token. The issuer is a state-controlled company.

The Finance Ministry plans to allocate up to $500 million to support the token, with plans to eventually increase reserves to $2 billion.

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🇹🇼 Taiwan’s Premier and Central Bank have reportedly agreed to study Bitcoin as a strategic reserve.

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🇨🇿 Czech central bank buys $1 million Bitcoin and crypto.

@DeCenterOrg