A proposed workaround could enable quantum-resistant Bitcoin transactions without a protocol change, but high compute costs limit real-world use. A Bitcoin researcher has come up with a way that could immediately make Bitcoin transactions quantum-safe without the need for a soft fork. In a proposal published Thursday, StarkWare chief product officer Avihu Levy proposed a Quantum Safe Bitcoin (QSB) transaction scheme that he said would remain secure “even against an adversary with a large-scale quantum computer running Shor’s algorithm.” He added that the plan requires no changes to the Bitcoin protocol and operates entirely within the existing legacy script constraints. The downside is that it is costly and likely is not useful for everyday transactions, he said. Read more
OKX Ventures and HashKey are buying into VPBank-backed CAEX as Vietnam’s strict crypto pilot pushes offshore exchanges toward a challenging onshore licensing regime. CAEX, a crypto platform linked to the Vietnam Prosperity Joint Stock Commercial Bank (VPBank) ecosystem, said OKX Ventures and HashKey Capital are backing the company as it seeks to qualify for Vietnam’s pilot regime for crypto exchanges. CAEX said Friday that the two offshore companies will join VPBank Securities (VPBankS) and technology partner LynkiD as shareholders. According to a release shared with Cointelegraph, their investment is intended to help CAEX reach Vietnam’s minimum charter capital threshold of 10 trillion dong (about $380 million), a key condition for participating in the pilot program. Read more
• Vows to support US, Iran in reaching a peaceful settlement • PM, army chief review mediation efforts, arrangements for talks • Israeli strikes in Lebanon threaten to derail negotiations • Iran says it was ready to retaliate before Pakistan intervened • Warns continued attacks could make talks ‘meaningless’ ISLAMABAD: Field Marshal Asim Munir calls on Prime Minister Shehbaz Sharif.—APP ISLAMABAD: Pakistan on Thursday vowed to support Iran and the United States in reaching a peaceful settlement as Israeli strikes in Lebanon continued to weigh on the prospects of the upcoming dialogue, with Islamabad stepping up diplomatic engagement to keep a two-week ceasefire between Tehran and Washington from collapsing. The commitment came during a meeting between Prime Minister Shehbaz Sharif and Chief of Army Staff and Chief of Defence Forces Field Marshal Asim Munir, where they reviewed the progress of Pakistan’s mediatory efforts and finalised arrangements for the talks. “They expressed satisfaction over the de-escala...