Connect with us
  • tg

Cryptocurrency

Quantum Leap: Quantum and AI Will Make Hackers More Powerful Than Ever (Op-Ed)

letizo News

Published

on

The advancement of computing power over the past few decades has been extraordinary. As computers become more powerful, hackers gain access to more sophisticated tools to launch attacks against crypto platforms. The threat of quantum and AI-driven hacks will soon be a major challenge for crypto entrepreneurs and developers.

Web3 hacks are one of the biggest challenges the industry is facing and a significant barrier to institutional adoption and mainstream usage. According to Cyvers’s data, more than $2.1 billion has already been stolen this year, with almost a quarter of the year still remaining.

Cybercriminals are always exploring new techniques to exploit their targets, and cybersecurity experts must stay ahead of them. This ongoing back-and-forth has shaped internet governance since its inception, and it has intensified as crypto has further intertwined finance with online technology.

However, this goal has become much more challenging with the emergence of new technologies. Quantum and AI hacking are gradually becoming the go-to methods for hackers, involving sophisticated data breaches and enabling access to previously impenetrable systems.

What Is Quantum Hacking?

Quantum hacking refers to using superior computing power to crack modern cryptographic algorithms. While crypto algorithms are theoretically “unhackable,” advancements in quantum computing have made it possible to break encryption techniques used by cryptographic platforms. Breaching secure cryptographic communications can result in serious security compromises.

The threat of quantum computing hacks is already upon us and will continue to grow as quantum computing systems evolve and become more widespread. Hackers have come a long way with traditional computing systems, but now their capabilities are set to grow exponentially.

Quantum Hacking and AI

Artificial Intelligence (AI) has been one of the most defining tech trends of the past two years. The rise of generative AI platforms like ChatGPT has captivated tech enthusiasts worldwide. AI presents remarkable opportunities but also serious threats, especially concerning data privacy and security.

It’s important to understand the broad scope of AI. This technology extends far beyond generative chatbots and encompasses automated features that traditionally relied on human intelligence. AI’s applications range from data-crunching tools and machine learning to speech interpretation and more. While this offers endless possibilities for innovation, it also becomes a double-edged sword when malevolent actors use AI to further their goals.

Moreover, the possibility of AI engines developing self-awareness and sentience remains one of the biggest “what ifs” of our time.

The Rising Threat

The threat of quantum hacks is clear for all to see. A recent report by the Hudson Institute estimates that future quantum hacks targeting global financial institutions or systems like FedWire could lead to an indirect GDP loss of $2 to $3.3 trillion—catastrophic damage to the global economy.

Hackers are constantly seeking new ways to compromise systems, and advanced methods like quantum computing are becoming increasingly feasible. While quantum computers are not yet widely accessible, their number is growing, and they’re no longer confined to Western countries.

AI, on the other hand, is accessible to nearly anyone. However, for ultimate hacking power, one must develop proprietary or semi-autonomous AI models that are free from the ethical constraints imposed by big tech companies. That said, most significant crypto hacks today are not conducted by small-time hackers but by well-funded organizations—sometimes even state-sponsored groups.

State-sponsored hackers, like North Korea’s Lazarus Group, are infamous for infiltrating highly secure systems. Most recently, the group was suspected to be the perpetrator of the $235M WazirX hack. These groups are far more likely to gain access to quantum processors and set up AI-driven hacking tools.

Weak Solutions for a Strong Problem

To stay ahead of these threats, crypto companies need new solutions. Cryptographic keys, which underpin encrypted communications, are not foolproof. However, quantum computing also offers security enhancements, such as Quantum Key Distribution (QKD), which detects eavesdropping attempts. But this is not enough to outpace the threat.

The combination of quantum computing and AI creates an almost infinite array of attack vectors. Since individual solutions only address specific vulnerabilities, there’s a need for more comprehensive, holistic defenses—especially to guard against “zero-day attacks,” which are unexpected and previously unknown hacking methods.

This requires innovative and proactive solutions that can address incidents in real-time, or even before they occur. Given the sophisticated nature of new-era hacking techniques, it is no longer sufficient to rely solely on pre-launch security measures like auditing, or passive threat intelligence tools that may respond too slowly to evolving threats.

Fighting Fire with Fire

If hackers can leverage AI, so must cybersecurity experts. Combating AI- and quantum-powered hacks requires AI-powered security tools.

One solution could be real-time monitoring and detection of cyberattacks through geometric machine learning patterns and anomaly detection that trigger prevention mechanisms. Companies taking a more pre-emptive approach can utilize address screening tools to assess the security reputation of smart contracts and wallets.

However, the ultimate solution lies in combining pre-emptive and proactive measures. For example, an AI-powered firewall that simulates transactions and validates them for malicious intent. Firewalls, which have long protected online systems, can be adapted for Web3 security, offering companies peace of mind against advanced hacking techniques.

These solutions reflect a broader shift in Web3 security toward more proactive, technology-driven products.

The Big Picture

Web3 security is a crucial aspect of blockchain platform management. The rewards for hackers are growing as the industry scales. With quantum computing and AI giving hackers unprecedented capabilities, crypto companies cannot afford to neglect security. They need advanced tools to combat this new wave of supercharged crypto attacks.

Authored by:

Michael Pearl is a seasoned executive in fintech and blockchain with over a decade of experience in business development and growth. Before joining Cyvers, he was the COO of Intentable and served as Director of Content at Finance Magnates and global economy editor at Calcalist. Michael is also the host of the “Free and Decentralized” podcast and is launching a new podcast called “Web3 Watchdogs.” He is a lawyer and holds a Master’s degree in International Relations and a Bachelor of Law from the University of Haifa.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!

Cryptocurrency

DWF Ventures Analyzes Performance of Binance Alpha and Spot Listings

letizo News

Published

on

[PRESS RELEASE – Dubai, UAE, June 13th, 2025]

Leading web3 investor DWF Ventures has published an analysis of Binance Alpha and Spot listings. It examines the performance of projects that have reached the exchange’s spot market following a token launch on Binance Alpha.

DWF Ventures has comprehensively analyzed the projects that have featured on Binance Alpha following the introduction of the listing mechanism in 2024. It highlights the increased transparency that Alpha brings by enabling users to appraise the merits of emerging tokens, some of which have the potential to migrate to a Binance Spot listing.

Research conducted by DWF Ventures has found that of the more than 190 projects to have been selected by Binance Alpha to date, more than 70% are currently trading at below $50M market cap, while a handful of outliers such as Ondo and Virtuals have surpassed $1B valuation.

DWF Ventures’ analysis also shows that memecoins and AI agents have dominated Binance Alpha projects with DeFi in third place. Memecoins and AI agents surpass all other onchain sectors featured in Binance Alpha combined. DWF further found that Solana was the most popular chain for featured projects, followed closely by BNB Chain and Ethereum.

Key findings from DWF Ventures’ Binance Alpha report include the fact that around 10% of Alpha projects converted to a Spot listing, with a total of 19 making the grade. DeFi and memecoins had the highest conversion rate, while the most valuable projects after Ondo and Virtuals were Maple Finance and Cookie DAO.

DWF Ventures summarizes its report by noting that projects that migrate from Alpha to Spot are typically defined by active social media engagement, high trading volume, and are category leaders in popular onchain verticals. The full DWF Ventures report can be read here.

About DWF Labs

DWF Labs is the new generation Web3 investor and market maker, one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.

Learn more: https://www.dwf-labs.com/

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Cryptocurrency

Roam Launches on Binance Alpha and Solana’s Meteora DEX, Expands Cross-Chain Access via BSC Integration

letizo News

Published

on

[PRESS RELEASE – Vancouver, Canada, June 13th, 2025]

Roam, the open wireless network powered by WiFi and eSIM technologies, today announced its official listing on Binance Alpha, alongside the launch of a liquidity pool on Meteora, the leading Solana-based DEX. This dual listing marks a significant step in Roam’s cross-chain expansion, boosting $ROAM token accessibility across both BNB Chain and Solana ecosystems.

Beginning June 13 at 13:00 UTC, eligible Binance users can participate in the ROAM Alpha campaign and claim rewards through Binance’s official event portal. Simultaneously, liquidity providers on Meteora can earn platform-specific incentives via Roam’s official LP pool.

Staking and Airdrop Rewards for General Users and Roam Miners

Roam is introducing a high-yield staking program offering an average 35% APY for general users. Meanwhile, Roam Miner users can access a dedicated staking pool with 500 $ROAM staking capacity per device, a guaranteed 100% APY, and monthly airdrops of 40 $ROAM per device for six consecutive months.

This reward structure is designed to align long-term community participation with Roam’s DePIN-based infrastructure and token economy.

Binance Alpha: Early Access to Curated Web3 Projects

Binance Alpha is Binance’s discovery platform for early-stage Web3 tokens, offering users curated access to high-potential projects. ROAM was selected based on its ecosystem growth, on-chain traction, and technical innovation.

With Alpha’s streamlined “Quick Buy” feature, users can purchase ROAM without adjusting slippage or navigating gas-intensive environments. Enhanced trade routing and MEV protection ensure security and efficiency. Participants can also earn Alpha Points by trading or holding ROAM, unlocking airdrops, and other future benefits.

Meteora Listing Enhances $ROAM Liquidity on Solana

Roam’s debut on Meteora—the dynamic liquidity protocol developed by the team behind Jupiter—brings sustainable market depth to $ROAM within the Solana DeFi ecosystem. Meteora’s DLMM architecture, AMM vaults, and liquidity aggregation reduce volatility and deliver optimized capital efficiency for LPs.

The integration strengthens Roam’s Solana presence while supporting long-term DeFi adoption and trading scalability.

BSC Integration Enables Cross-Chain Token Access via Roam App

To improve user accessibility and trading flexibility, Roam has enabled native cross-chain support via Wormhole’s NTT framework, allowing users to bridge ROAM between Solana and BNB Chain directly within the Roam App. The process is intuitive, requiring no third-party tools or external wallets.

This BSC integration introduces $ROAM to new users across Binance’s CEX and DeFi ecosystems while offering reduced transaction costs. Users can deposit directly from Binance accounts and access $ROAM on platforms such as PancakeSwap. The feature complements Binance Alpha’s zero-fee trading promotion (March 17–September 17, 2025), further reducing onboarding friction.

Building Real-World Adoption Through Decentralized Connectivity

Roam is expanding its presence as a decentralized infrastructure provider focused on enabling real-world connectivity. Backed by OpenRoaming and eSIM technologies, Roam has deployed over 10 million WiFi nodes, serving more than 2.8 million global users.

With the Roam App, users can connect to nearby Roam WiFi hotspots and earn Roam Points by contributing to the network—through adding WiFi nodes, completing WiFi Check-Ins, and participating in community-driven campaigns. These points can be converted into $ROAM tokens, creating a tangible bridge between user contributions and token utility.

Roam’s token model supports real yield through network growth, and its expanding ecosystem includes targeted advertising, Web3 travel integrations, and enterprise-grade eSIM services trusted by partners like Bybit and MEXC. The soon-to-launch Premium eSIM will integrate voice, SMS, and high-speed data, with users able to purchase service directly using $ROAM—strengthening utility across both consumer and enterprise use cases.

About Roam

Roam is focused on building a decentralized global open wireless network that provides seamless, secure connectivity for individuals and smart devices, whether stationary or mobile. Through a blockchain-based credential infrastructure, Roam has supported the adoption of WiFi OpenRoaming among small and medium-sized businesses.

As highlighted in Messari’s 2024 State of DePIN report, Roam is recognized as the fourth-largest DePIN project globally, with a network of over 2.1 million nodes spanning 200 countries and a user base of 2.4 million registered app users. The network also enables access to free eSIM data through participation in activities such as building and validating WiFi nodes, demonstrating Roam’s role in advancing adoption within the DePIN sector.

Users can contact Roam via:

Twitter: https://x.com/weRoamxyz

Telegram: https://t.me/WeRoamXYZ

For more information, users can visit the Roam App or follow official exchange announcements.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Cryptocurrency

Sharplink Becomes Largest Public ETH Holder With $462M Purchase but Shares Tumble

letizo News

Published

on

Sharplink Gaming has taken a major step into the crypto space by establishing an Ethereum Treasury Reserve and acquiring over $462 million worth of ETH. This move makes the company the largest public holder of ETH, second only to the Ethereum Foundation.

According to a press release, Sharplink purchased 176,270.69 ETH at an average price of $2,626, totaling approximately $462.9 million. The acquisition reflects a major shift in the firm’s strategy, placing Ethereum at the center of its digital asset reserves.

Sharplink’s ETH Funding Strategy

To fund the purchase, Sharplink raised $425 million through a private placement deal and another $79 million via an at-the-market (ATM) equity offering. The company used most of these proceeds to acquire ETH, highlighting its strong commitment to building a substantial crypto reserve.

As a result, Sharplink reported an 11.9% increase in ETH per share since June 2. It has also deployed over 95% of its ETH into staking and liquid staking protocols, contributing to Ethereum’s network security while generating passive yield.

Stock Dips Despite Ethereum Bet

Despite Sharplink’s bullish ETH announcement, its stock (SBET) experienced sharp volatility. According to Google Finance, the stock dropped 12.25% on Thursday to close at $32.50, then plunged to as low as $8 in after-hours trading.

However, by Friday, it had recovered slightly to $11.05, still down about 66% over 24 hours. Nonetheless, the stock remains up nearly 230% over the past month and 37% year-to-date.

Meanwhile, the steep drop came after Sharplink filed an S-3 registration with the U.S. Securities and Exchange Commission. The filing outlined a possible resale of 58.7 million shares issued during a previous private investment in public equity (PIPE) offering, involving more than 100 investors.

In turn, this triggered fears of dilution, prompting a wave of selling. In response, Sharplink Chairman Joseph Lubin clarified on X that the filing doesn’t reflect any current sales. He explained that it only registers shares in case past investors choose to sell later.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Trending

©2021-2024 Letizo All Rights Reserved