UBS and Ant International will test tokenized deposits for real-time cross-border payments and liquidity management in one of Singapore’s largest blockchain pilots. Investment bank UBS has entered a strategic partnership with financial technology company Ant International to explore tokenized deposits for real-time cross-border payments and global liquidity management, marking a notable expansion of the Swiss bank’s blockchain-based digital cash platform. The two companies signed a Memorandum of Understanding in Singapore, anchoring the deal in one of the most active hubs for institutional blockchain experimentation. The move positions tokenized bank money as a potential replacement for traditional treasury settlement rails, which are still defined by cut-offs, fragmentation and multicurrency delays. Ant International, which oversees operations within the broader Alipay+ ecosystem, announced that it will utilize UBS Digital Cash to streamline internal treasury transfers across jurisdictions. Read more
With just under 2 million Bitcoin that will ever be mined from here on out, Bitcoin’s “real story” is about to unfold. Bitcoin’s total circulating supply has just crossed 95% of its 21 million hard supply cap — a massive milestone baked in nearly 17 years ago when creator Satoshi Nakamoto mined the genesis block on Jan. 3, 2009. With 19.95 million Bitcoin now in circulation, this leaves just 2.05 million Bitcoin to be mined. The question is, what does this mean for the future of Bitcoin and its price? Speaking to Cointelegraph, Thomas Perfumo, a global economist at crypto exchange Kraken, said it’s an important milestone in the Bitcoin narrative, because annual supply inflation is currently around 0.8% per annum, and hard money “requires a credible narrative for people to confidently adopt a currency as a store of value.” Read more
Adam Back says Bitcoin faces no meaningful quantum threat for at least the next 20–40 years, adding that NIST-approved post-quantum standards can be adopted in time. Adam Back, the cryptographer and cypherpunk cited in the Bitcoin white paper, said Bitcoin is unlikely to face a meaningful threat from quantum computing for at least two to four decades. Responding to an X user on Nov. 15 who asked whether Bitcoin (BTC) is at risk, Back wrote that “probably not for 20–40 years,” adding that there are already post-quantum encryption standards approved by the National Institute of Standards and Technology (NIST) that Bitcoin could implement “long before cryptographically relevant quantum computers arrive.” The discussion began with a user posting a video of Canadian-American venture capitalist and entrepreneur Chamath Palihapitiya, who predicted that the quantum threat to Bitcoin would become a reality in two to five years. He noted that to break SHA-256 — the encryption standard that Bitcoin relies on — quantum c...
Bitcoin’s price is now at a “pivotal juncture” as the fate of the market cycle depends on incoming macro signals and maintaining key technical price levels. US spot Bitcoin exchange-traded funds (ETFs) closed a third straight week in the red, deepening concerns that one of Bitcoin’s biggest institutional demand engines is stalling. Spot Bitcoin (BTC) ETFs saw $1.1 billion in net negative outflows during the past trading week, marking their fourth-largest week of outflows on record, according to Farside Investors data. The ETF outflows occurred during a significant correction, as Bitcoin’s price fell by over 9.9% during the past week, to trade at $95,740 at the time of writing, Cointelegraph data shows. Read more
Dutch central bank governor Olaf Sleijpen warned that if stablecoins falter, issuers may be forced to liquidate their reserves, thereby magnifying stress across markets. The European Central Bank (ECB) may soon be compelled to view stablecoins not just as a regulatory concern, but also as a potential source of macroeconomic shocks, according to Dutch central bank governor Olaf Sleijpen. In a Financial Times interview, Sleijpen warned that the fast-growing dollar-pegged stablecoins could become systemically relevant to Europe’s financial ecosystem. He said that if the tokens were to destabilize, they could affect financial stability, the wider economy and even inflation. “If stablecoins are not that stable, you could end up in a situation where the underlying assets need to be sold quickly,” he said, underscoring that rapid liquidation could amplify stress across markets. Read more
The Ivy League university held 6.8 million shares in BlackRock’s Bitcoin ETF as of Sept. 30, 2025, and has also boosted its exposure to gold. Harvard University boosted its investment in BlackRock’s Bitcoin exchange-traded fund (ETF) by over 250% in the third quarter after the Ivy League school first bought into the fund earlier this year. Harvard Management Company, the business that manages the university’s $57 billion endowment fund, reported in a regulatory filing on Friday that it held over 6.8 million shares in the iShares Bitcoin Trust ETF (IBIT) worth $442.8 million as of Sept. 30. The university disclosed in August that it had a position IBIT for the first time, holding around 1.9 million shares then worth $116.6 million. Read more
A Cardano holder mistakenly turned $6.9 million worth of ADA into $847,695 million worth of a little-known stablecoin after using a highly illiquid trading pool. A five-year Cardano holder accidentally torched more than $6 million in ADA after using an illiquid trading pool to facilitate a stablecoin swap. The trade, first noted by blockchain sleuth ZachXBT on Sunday, saw 14.4 million Cardano (ADA) tokens worth $6.9 million swapped for 847,695 of the US dollar Anzens (USDA) stablecoin, resulting in a loss of approximately $6.05 million. The Cardano user — with wallet address “addr…4x534” — appeared to make a test transaction of 4,437 ADA for a US dollar stablecoin with the ticker USD at 4:06 pm UTC on Sunday, just 33 seconds before the multimillion-dollar swap to USDA. Read more