The SPHINCS- proposal aims to reduce the cost of post-quantum signature verification on Ethereum while the network works toward a longer-term solution. Ethereum could begin adding post-quantum protections to accounts for as little as $0.07, without waiting for a hard fork, according to the Ethereum Foundation's Kohaku project lead Nicolas Consigny. In a Saturday X post, Consigny shared a paper proposing a cheaper way for Ethereum users to protect their accounts against future quantum-computing threats. The approach adapts SPHINCS+, a post-quantum signature standard developed by the US National Institute of Standards and Technology, to work more efficiently on Ethereum. Dubbed “SPHINCS-,” the proposal aims to reduce onchain verification costs without requiring a protocol change or precompile. Consigny described SPHINCS- as a bridge toward a future post-quantum signature system dubbed “leanSPHINCS,” which aims to further reduce verification costs through aggregation. Read more
A fake Bithumb email used in the $36 million Humanity Protocol hack points to the involvement of North Korean threat actors, according to Quantstamp. A malicious attachment delivered through a phishing email points to the involvement of North Korea-linked threat actors in Humanity Protocol's recent hack, according to blockchain security company Quantstamp. The decentralized identity company said a compromised employee's laptop enabled attackers to steal $36 million in Humanity (H) tokens on Monday. The malicious attachment was disguised as a token lockup schedule update from South Korean cryptocurrency exchange Bithumb. It installed malware that gave attackers full remote access to the laptop, Quantstamp said in its incident response. Read more
Bitcoin stayed near local highs on a new US-Iran peace deal pledge as analysis saw conditions favoring a sustained BTC price rebound. Bitcoin (BTC) circled $64,000 into Sunday’s weekly close as a US-Iran peace deal appeared imminent. Key points: Read more