The post BSC Adopts Post-Quantum Cryptography with ML-DSA-44 Upgrade appeared on BitcoinEthereumNews.com.
Lawrence Jengar
May 14, 2026 12:46
BNB Chain integrates ML-DSA-44 for post-quantum security, trading off transaction throughput for future-proofing against quantum threats.
BNB Chain (BSC) has implemented a significant upgrade to its cryptographic framework, integrating post-quantum cryptography (PQC) to future-proof its transaction and consensus layers against emerging threats from quantum computing. The migration involves adopting ML-DSA-44, a lattice-based signature scheme standardized by NIST in 2024, and pqSTARK aggregation for consensus, according to a detailed migration report published on May 14, 2026. The upgrade addresses vulnerabilities tied to Shor’s algorithm, which could eventually break elliptic-curve cryptography (ECC) used in most blockchains today. While quantum computers capable of such attacks are estimated to be 10–20 years away, this move pos
The post US Banks Shift Digital Asset Focus to Infrastructure Over ROI appeared on BitcoinEthereumNews.com.
Lawrence Jengar
May 14, 2026 15:15
US banks move past ‘why crypto?’ to tackle infrastructure for stablecoins and tokenized assets, with tech strategy now driving decisions.
The conversation around digital assets in U.S. banking has fundamentally shifted. According to Fireblocks’ 2026 Financial Grid USA report, banks are no longer debating the business case for digital assets. Instead, the focus has turned to infrastructure: how to build it, in what order, and whether legacy systems can support the transition. Nearly 68% of surveyed U.S. banks plan to issue their own stablecoins by the end of 2026, far outpacing Europe’s 36% and APAC’s 11%. Another 79% intend to deploy stablecoins issued by other regulated entities. The market has decided its direction—deposits, payments, and 24/7 settlement are at the core of this push. Notably, 99% of U.S. institutions now prio
ZachXBT warns THORChain may have lost over $10M across Bitcoin, Ethereum, BSC, and Base as the protocol halts trading. Blockchain investigator ZachXBT has warned that THORChain may have suffered a multi-chain exploit, with losses above $10 million. The alert named Bitcoin, Ethereum, BSC, and Base as affected chains. Soon after, THORChain paused trading and carried […]
The post ZachXBT Issues THORChain Alert As Multi Chain Losses May Exceed Ten Million appeared first on Live Bitcoin News.
The post Thorchain Hack Drains $10M – ZachXBT Reports appeared on BitcoinEthereumNews.com.
The post Thorchain Hack Drains $10M – ZachXBT Reports appeared first on Coinpedia Fintech News THORChain, a cross-chain crypto trading protocol, was hit by a major hack that may have stolen over $10 million in digital assets across Bitcoin, Ethereum, BNB Chain, and Base. The attack sparked panic in the DeFi market, causing THORChain’s native token RUNE to drop more than 14% shortly after the exploit. ZachXBT Flags Suspicious Multi-Chain Activity The first warnings came from on-chain investigator ZachXBT, who reported suspicious activity linked to THORChain’s router infrastructure. According to ZachXBT, attackers moved roughly $7.2 million worth of assets including USDT, USDC, and wrapped Bitcoin across multiple blockchain networks before swapping them into ETH. The stolen funds were reportedly spread across Bitcoin, Ethereum, BNB Chain, and Base. Initial estimates suggested losses exceeded $7.
The post BNB Smart Chain post-quantum roadmap weighs data overhead appeared on BitcoinEthereumNews.com.
BNB Smart Chain post-quantum planning is no longer a theoretical security exercise. BNB Chain has published a technical report mapping how BNB Smart Chain could migrate toward post-quantum cryptography, and the early results point to a blunt trade-off: stronger cryptography comes with much heavier data overhead. That tension runs through the entire proposal. On one side, the report aims to prepare the network for future quantum threats. On the other, the tests show that much larger signatures can drag down throughput even when consensus behavior holds up relatively well. The picture is unusually clear for a blockchain infrastructure study. BNB Chain is not just floating abstract ideas. It is laying out specific replacements for transaction signatures and validator vote aggregation, then showing what those choices do to block size, latency, and throughput. BNB Smart Chain post-quantum
The post Thorchain Exploited? Trading Paused Amid Risk of Enormous Attack appeared on BitcoinEthereumNews.com.
DeFi security is in trouble Guidelines for users Cross-chain DeFi protocol THORChain has suspended trading, following what appears to be a significant multi-chain exploit that may have depleted over $10 million in cryptocurrency assets. Suspicious withdrawals involving Bitcoin, Ethereum, BNB Chain, and Base-linked assets have been reported by security researchers and on-chain investigators such as PeckShield. Early tracking data indicates that the attackers allegedly took about 36.75 BTC, or about $3 million, along with an additional $7 million in assets that were bridged across several chains. Both Bitcoin and Ethereum-compatible networks’ publicly known wallet addresses were linked to the stolen funds. Following the incident, THORChain stopped trading, probably to avoid further liquidity drains or cascading exploits across linked pools. Because THORChain serves as essential
The post BREAKING: THORChain Suffers $10M Exploit Across Bitcoin, Ethereum, BSC, Base Chains appeared on BitcoinEthereumNews.com.
THORChain, a decentralized cross-chain liquidity protocol, has paused trading after blockchain security researchers flagged an exploit worth over $10 million. The protocol has reportedly suffered an exploit across Bitcoin, Ethereum, BSC and Base. As a result, RUNE price crashed 12% in a few hours. THORChain Hit By $10M Crypto Losses in Exploit On-chain investigator ZachXBT on May 15 flagged an exploit on THORChain, claiming losses exceeding $10 million. The funds are stolen across multiple major blockchains, including Bitcoin, Ethereum, BNB Smart Chain (BSC), and Base. In response, THORChain has halted all trading and swaps via its emergency protocol to contain the damage. The exploit involved large unauthorized outflows from THORChain’s router contracts across the affected chains. Many security researchers and analytics platforms such as PeckShieldAlert rev
The post Thorchain Loses Nearly $11M as Attackers Poison Vault Churn Process Across 4 Chains – Bitcoin News appeared on BitcoinEthereumNews.com.
Key Takeaways Thorchain lost approximately $10 to $11 million across Bitcoin, Ethereum, BSC, and Base on May 15, 2026. ZachXBT flagged the exploit publicly as RUNE dropped 12 to 15% within hours, falling to roughly $0.50. Node operators triggered a global emergency halt; a full post-mortem from Thorchain is still pending. Thorchain Funds Compromised Onchain investigator ZachXBT first flagged the incident via his Telegram channel, placing initial losses above $7.4 million before revised estimates pushed the total higher. The breach hit vaults on Bitcoin, Ethereum, BNB Smart Chain, and Base. The attack method centered on a vault churn, a standard Thorchain process in which node operators rotate in and out while assets are redistributed using threshold signature schemes. Attackers appear to have injected malicious addresses into that process, tri
The post Rune tanks 11% after attackers move $10M in THORChain exploit appeared on BitcoinEthereumNews.com.
THORChain, one of the leading decentralized cross-chain DEXs, is the latest victim of a major hack across several blockchain platforms. As per the security warnings issued on May 15, 2026, THORChain suffered losses of about $10 million in cryptocurrencies. The attack targeted the BTC, ETH, BNB Chain, and Base blockchains, with the stolen crypto coins swiftly transferred into certain wallets. So far, the THORChain team has not issued an official comment. Hackers targeting crypto grow bolder Approximately $25 million has been lost to hacks in the crypto space since the start of May. Today’s hack targeted THORChain’s cross-chain liquidity services, enabling unauthorized token withdrawals from pools on the Bitcoin, Ethereum, BNB Chain (formerly BSC), and Base blockchains. While initial estimates pointed to losses of more than $7.4 million, the latest data from security firm PeckShi