Invest ideasNews
24 Apr 2026, 18:57
Shiba Inu Burn Rate Explodes 405% as Network Strength Holds Firm
Shiba Inu has recorded a sharp increase in its token burn rate, reflecting sustained activity across its ecosystem. The surge comes as broader market sentiment improves, supporting renewed interest in meme-based assets. Burn Rate Spike Signals Supply Pressure Recent data shows that Shiba Inu’s burn rate climbed by 405% within 24 hours. During this period, over 2.5 million SHIB tokens were permanently removed from circulation. These tokens were sent to inactive wallets, making them inaccessible. This process reduces the total supply of SHIB. It is part of a long-term approach aimed at creating scarcity. A lower supply, combined with steady demand, can influence price movement over time. The increase in burn activity follows a period of heightened network usage. More transactions often lead to higher burn volumes, depending on the mechanisms in place. The latest spike suggests that participation within the ecosystem remains active. Positive Momentum Extends Into April Shiba Inu has also shown signs of stabilizing after months of downward pressure. The asset has entered a more favorable phase alongside the broader crypto market recovery. In April, SHIB has posted a gain of 3.82% as of the latest data. This marks a continuation of positive momentum after breaking a previous losing streak. The shift indicates improving sentiment among traders and holders. Market conditions have supported this trend. Increased activity across major cryptocurrencies has contributed to renewed confidence. Shiba Inu appears to be benefiting from this broader shift. While price growth remains moderate, the combination of rising burns and steady participation points to underlying strength. Investors continue to monitor these metrics closely, as they offer insight into the asset’s long-term outlook. Shiba Inu now moves toward the end of April with the potential to close the month in positive territory. The coming weeks will determine whether this momentum can be sustained.
24 Apr 2026, 18:53
Quantum computer breaks 15-bit elliptic curve cryptographic key
The Bitcoin community continues to debate whether cryptographically relevant quantum computers are imminent or decades away.
24 Apr 2026, 18:53
Ethereum Foundation sells 10,000 ETH for $23.87 million
🚨 The Ethereum Foundation sold 10,000 ETH for $23.87 million in an OTC deal. The average sale price was $2,387 per ETH as the Foundation raised funds for operations. Continue Reading: Ethereum Foundation sells 10,000 ETH for $23.87 million The post Ethereum Foundation sells 10,000 ETH for $23.87 million appeared first on COINTURK NEWS .
24 Apr 2026, 18:50
US Freezes $344 Million In Crypto Linked To Iran As Sanctions Expand Into Digital Assets And Global Tensions Persist
The freezing of $344 million in cryptocurrency, part of a broader economic pressure campaign against Iran on the part of the Trump administration, is one of the largest enforcement actions ever involving digital assets in a geopolitical confrontation. The decision comes amid a fragile truce and months of stagnation in diplomatic efforts to halt the fighting. Tether Freeze Record $344 Million in USDT As Worldwide Clampdown on Illegal Crypto Dealings Tightens Across Regions The Treasury seized $3.65 million worth of funds beholden to Tether because intelligence indicated a link to Iranian financial networks. U.S. officials say the operation is part of a larger effort to cut off Tehran’s financial lifelines that support economic activity even amid heavy sanctions. Treasury Secretary Scott Bessent emphasized this action is not standalone. He noted that the authorities will continue to track and seize funds linked to Iran, especially those transmitted internationally via virtual currency. Tether And US Authorities Work Together To Investigate And Freeze Funds The freeze was implemented with direct cooperation between U.S. law enforcement agencies and the Office of Foreign Assets Control (OFAC), as it supplied information directly tying those assets to an extortion scheme, including sanctions evasion. Responding to the information, Tether froze the reserves of two Tron blockchain addresses preventing any further transfers. Tether’s announcement said that the freeze came as a result of information from several U.S. agencies, and was followed up by them. The activity was termed by the company as related to illegal activities and reiterated its commitment to partner with regulators and law enforcement agencies worldwide. Blockchain analytics determined “substantial ties” between the wallets and Iranian individuals, an official told the U.S. These links consist of confirmed transactions that are reported by Iranian cryptocurrency exchanges and with intermediary addresses with these wallets related to the Central Bank of Iran. Tether Supports Freeze of More Than $344 Million in USD₮ in Coordination with OFAC and U.S. Law Enforcement Learn more: https://t.co/PFMCimX9hV — Tether (@tether) April 23, 2026 Crypto As A Channel In Sanctions Evasion This maneuver showcases the growing dependence of heavily sanctioned entities on crypto to work around restrictions placed upon conventional monetary infrastructures. Countries such as Russia and North Korea, like Iran, have also started implementing digital assets to keep their economic activities active under sanctions. In the case of Iran, blockchain analytics suggest that its cryptocurrency holdings grew to about $7.8 billion by 2025 as adoption surged. Much of the wealth tracked by OFAC is related to IRGC-affiliated corporations, which have a commanding presence within Iran’s economy. Analysts point out that Iranian actors have become adept at disguising their activities in transactions. They involve sending funds to a series of intermediary wallets and using multi-step transaction structures to avoid detection on the blockchain. History showed similar activity pattern with those frozen wallets as well, dealing with huge transfers in the size of up to tens of millions dollars between private wallets. These types of behaviours are consistent with techniques used by sanctioned entities to quietly move funds, experts note. Global Sommitements to “Increase Crypto Oversight” Raise Uncertain From Impact However, within experts there is still a debate over the overall impact of the freeze rate. Although seen as a landmark action, some analysts argue that it will not significantly cripple Iran’s overall financial apparatus since the country has repeatedly shown its ability to overcome sanctions. The measure was described as “meaningful” by Daniel Tannebaum, a senior fellow at the Atlantic Council, but he added that it would likely not fundamentally hamper Iran’s ability to operate in a business-as-usual environment. He said that Iran has established alternative mechanisms, including working with third-party actors, to keep its economy afloat. But the greater significance is that it demonstrates increasing state enforcement in crypto. This case shows that whilst blockchain technology is designed to be transparent, it also allows authorities to track and intervene in suspicious activity, especially where such action is underpinned by centralised bodies like stablecoin issuers. At the same time, that development continues to evoke nagging questions about decentralization. Increasing government intervention and cooperation between companies and enforcement engages a higher degree of tension with open financial systems than ever before. The $344 million freeze is, after all, about more than just another enforcement effort. It marks the transition away from a world where cryptocurrency played on the periphery of global finance toward one where it has a seat at the table, and is subject to the same geopolitical forces that dictate how traditional economic systems are run. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
24 Apr 2026, 18:47
'Something Has Changed': Novogratz Predicts Bitcoin's Next Massive Breakout
Overall market momentum feels significantly stronger than a month ago, according to Novogratz.
24 Apr 2026, 18:46
Bitcoin faces largest quantum threat yet as a new attack is confirmed
The Bitcoin ( BTC ) network now faces the largest quantum threat after a researcher cracked a 15-bit elliptic curve cryptography (ECC) key on a publicly accessible quantum computer. On April 24, Project Eleven, a quantum computing research organization, awarded 1 BTC to independent researcher Giancarlo Lelli after he successfully derived a private key from its public key across a search space of 32,767 possible combinations. Lelli used cloud-based quantum hardware available to the general public to crack the 15-bit ECC. The previous public demonstration of such an attack class was a 6-bit break, achieved in September 2025 by Steve Tippeconnic. As such, the possibility of a quantum attack on Bitcoin surged 512-fold in 8 months. “The resource requirements for this type of attack keep dropping, and the barrier to running it in practice is dropping with them,” Alex Pruden, CEO of Project Eleven, stated . What does this ECC attack mean for Bitcoin? Notably, every Bitcoin wallet uses a private key, a unique 256-bit number that is mathematically related to its public key. As such, the break of 15-bit ECC is not an immediate threat to BTC, but a notable leap in less than a year. Google researchers previously estimated that a strong enough quantum computer could break the Elliptic Curve Discrete Logarithm Problem (ECDLP) by 2029. Furthermore, Google predicted that a capable quantum computer could intercept a Bitcoin transaction by decoding its private keys from the public key in 9 minutes, before the 10-minute confirmation time, by 2029. With roughly 6.9 million Bitcoin, valued at approximately $534.3 billion at press time, held in wallets whose public keys are publicly visible, Project Eleven highlighted the need for blockchains to transition to post-quantum encryption. Moreover, the leap from 15-bit to 256-bit is an engineering headwind that could progress faster than expected. Currently, Project Eleven is developing its next challenge, focusing on the intersection of top-tier artificial intelligence (AI) models and quantum cryptanalysis. The post Bitcoin faces largest quantum threat yet as a new attack is confirmed appeared first on Finbold .
