1. NASDAQ rises 2.03% at US market close
At the close of the US market, the Dow rose 0.31%, the NASDAQ rose 2.03%, and the S&P 500 index rose 0.92%. -Original
2. France investigates Binance for money laundering
French investigators have launched a judicial investigation into the cryptocurrency platform Binance, involving allegations of money laundering, tax fraud, and drug trafficking, among others. No further details have been disclosed, and this investigation may affect Binance and its operations in Europe. Binance has not yet responded to this. -Original
3. Robinhood CEO calls for SEC to update investor rules
Vlad Tenev, founder of Robinhood Markets, wrote in a column for the Washington Post that the US Securities and Exchange Commission should establish rules clarifying how early-stage startups can tokenize their equity. Additionally, Tenev believes that the accredited investor rules need to be updated. -Original
4. Cryptocurrency market rebounds, Trump token leads the rise
5. Market uncertainty increases ahead of Federal Reserve policy meeting
Odaily Planet Daily reports that Geoff Yu, EMEA market strategist at New York Bank, expects the Federal Reserve's federal funds rate to remain unchanged this week. The market may pay more attention to the Federal Open Market Committee's preliminary impressions of the Trump administration. Yu stated that this will definitely be a core issue at the press conference of Federal Reserve Chairman Jerome Powell. Yu also noted that New York Bank believes there has been little change in the macroeconomic outlook compared to last December, and the Federal Reserve may acknowledge that further easing will be gradual, but still depends on data. -Original
6. Blockchain startup BTQ proposes quantum alternative
BTQ is a startup dedicated to building blockchain technology that can resist quantum computer attacks. Its researchers recently published a journal article proposing an alternative proof-of-work (PoW) algorithm involving quantum technology. Proof-of-work is a consensus mechanism that protects the Bitcoin network. Participants verify transactions through extensive mathematical problems. Some criticize the process as being too energy-intensive, while others hold the opposite view. Quantum computing involves breaking free from reliance on binary code (1s and 0s that open and close transistor gates). Quantum bits (qubits) exist in multiple states simultaneously, greatly enhancing computational power, thus threatening modern cryptographic techniques built on traditional computers (which rely on transistors and binary code). In the paper, BTQ researchers proposed a quantum-based alternative called coarse-grained boson sampling (CGBS). This method uses light particles (bosons) to generate unique patterns (samples) that reflect the current state of the blockchain, rather than being based on hash-related mathematical problems. Random sampling of these patterns would produce cryptography, just as random numbers form the backbone of traditional computer encryption. Boson sampling was originally created to demonstrate the so-called quantum supremacy, a test to determine whether certain mathematical equations are too complex for traditional computers to handle. These samples are grouped into categories called boxes, making it easier to verify results and confirm miners' work. This method replaces traditional PoW cryptographic puzzles with quantum sampling tasks, significantly reducing energy consumption while ensuring network security and decentralization. Although BTQ's proposal is theoretically interesting, implementing it would require a hard fork of the Bitcoin network, and miners and nodes would need to replace their existing ASIC-based hardware (designed for PoW consensus mechanisms) with quantum-ready infrastructure. This is undoubtedly a daunting task that could lead to a fork, similar to the block size wars of the past few years. Block size wars revisited: what impact does the Bitcoin civil war still have today? -Original
7. Aerodrome suspends two for suspected insider trading
The Base ecosystem DEX protocol Aerodrome announced that during the time just before and after the VVV release, a small portion of trading activity was flagged by internal monitoring in less than 30 minutes—prompting an internal investigation. This investigation led to the suspension of two contributors within three hours after the release. Aerodrome will continue to investigate and will take all appropriate further actions. -Original
8. BlackRock IBIT active in pre-market trading
BlackRock IBIT's pre-market trading volume today is $39 million, with 48% being active buy orders and 30% being active sell orders. -Original
The above is a selection of hot topics from the last 24 hours. For quicker news, please download AiCoin (aicoin.com)
