“The crypto industry shouldn’t need wake-up calls from the White House or anyone else,” said StarkWare CEO Eli Ben-Sasson. Zero-knowledge scaling company StarkWare has released a quantum-resistant roadmap for Starknet, arguing that other chains will remain exposed if the industry is “too stubborn or stupid” to act. In an announcement on Tuesday, Starknet framed its three-phased quantum-resistant roadmap as evidence that the crypto industry has no excuse for remaining vulnerable to future quantum computing attacks. “The tried-and-tested cryptography exists to secure every crypto key in the world, if necessary changes are made, and the only reason anyone will remain vulnerable is if heads remain buried in the sand,” said Eli Ben-Sasson, CEO at StarkWare. Read more
Spiko integrated Coinbase Payments into two EU regulated UCITS Treasury funds, enabling USDC and EURC subscriptions and redemption payments through Base. Investment firm Spiko has integrated Coinbase’s stablecoin payment infrastructure into two regulated EU Treasury-bill funds, allowing eligible investors to fund subscriptions and receive redemption proceeds using USDC and EURC. Coinbase said Tuesday the integration covers Spiko’s EU T-Bills Money Market Fund and US T-Bills Money Market Fund. Both are structured as Undertakings for Collective Investment in Transferable Securities, or UCITS. Coinbase Payments will provide the payment, wallet and application programming interface (API) infrastructure, with the transactions settling on Base, Coinbase’s layer-2 network. The exchange said the products are the first UCITS funds in Europe to accept direct stablecoin payments. Read more
Nasdaq-listed Solana Company has signed a memorandum of understanding with Kazakhstan's Alatau City, which seeks to become a key crypto hub in Central Asia. Nasdaq-listed crypto treasury firm Solana Company signed an agreement to support the development of Alatau City, Kazakhstan’s planned digital-first megacity. The company signed a memorandum of understanding to advise and help build Alatau City’s blockchain and crypto infrastructure during the Alatau City Roadshow in Shenzhen and Hong Kong in June, which reportedly secured 30 cooperation agreements with a combined investment potential of over $6 billion. “We look forward to deepening this partnership and expanding the Solana ecosystem's footprint across the region,” said Solana Company chair and CEO Joseph Chee. Read more
ESMA said EU crypto clients must be served through a MiCA-authorized entity as Binance faces questions over its servicing model in the region after the MiCA deadline. European Union crypto clients should be served through a Markets in Crypto-Assets Regulation (MiCA)-authorized legal entity after the bloc’s July 1 transitional deadline, the European Securities and Markets Authority (ESMA) told Cointelegraph, adding to questions over how global exchanges can keep servicing users in the region. Crypto asset service providers (CASPs) must hold MiCA authorization to serve clients across the EU and European Economic Area, an ESMA spokesperson told Cointelegraph on Monday. “EU clients should be serviced through a MiCA-authorized entity,” the ESMA representative said, adding that MiCA protections apply only to the legal entity that is licensed in the EU. Read more