PANews reported on July 16 that according to Cointelegraph, Bitlayer, a Bitcoin DeFi infrastructure invested by traditional asset management giant Franklin Templeton, announced the launch of the smart contract cross-chainPANews reported on July 16 that according to Cointelegraph, Bitlayer, a Bitcoin DeFi infrastructure invested by traditional asset management giant Franklin Templeton, announced the launch of the smart contract cross-chain

Bitlayer launches Bitcoin cross-chain bridge BitVM on mainnet

2025/07/16 22:09

PANews reported on July 16 that according to Cointelegraph, Bitlayer, a Bitcoin DeFi infrastructure invested by traditional asset management giant Franklin Templeton, announced the launch of the smart contract cross-chain bridge BitVM on the mainnet. The solution allows users to lock Bitcoin into smart contracts and convert it into a packaged asset Peg-BTC (YBTC) that can interact across chains. It has now been integrated with networks such as Sui, Base and Arbitrum. Bitlayer said that the bridge solution uses a single-signature verification mechanism to optimize security, aiming to enable native BTC liquidity to enter the smart contract ecosystem without changing the underlying Bitcoin protocol.

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Solana co-founder urges need for Bitcoin to adopt quantum resistance for future security

Solana co-founder urges need for Bitcoin to adopt quantum resistance for future security

The post Solana co-founder urges need for Bitcoin to adopt quantum resistance for future security appeared on BitcoinEthereumNews.com. Solana co-founder Anatoly Yakovenko is urging the Bitcoin community to begin transitioning to quantum-resistant security measures, warning that advances in quantum computing may arrive faster than expected. Speaking during a Sept. 18 session at the All-In Summit, said the accelerating pace of technological breakthroughs means Bitcoin should not wait until the threat is imminent. According to him: “We should migrate Bitcoin to a quantum-resistant signature scheme. This is my bet, and it’s because so many technologies are converging right now, and this asymptotic rate of AI and how fast it’s accelerating—going from a research paper to an implementation—is astounding. So I would try to encourage folks to speed things up.” Yakovenko’s position is unsurprising, as market concerns over Bitcoin’s vulnerability to quantum-powered attacks have gained momentum following companies like Google reporting advances in the space. Considering this, he argued that these major tech firms’ adoption of quantum-resistant cryptography should signal the right time for Bitcoin to migrate its security architecture. The Solana co-founder furthered: “My key for this is Google and Apple adopting a quantum-resistant cryptographic stack. This is the time to go migrate, because now the consumer side of it is effectively solved and you don’t have to kind of wait. So you watch where Google’s going.” However, despite Yakovenko’s warnings, industry experts remain split on the technological advancements timeline as some argue that breakthroughs could occur within this decade, while others contend that the risks remain distant. Regardless of when its implementation occurs, Yakovenko stressed that the technology would be both a challenge and an opportunity. He said: “For the general public, quantum computing is such a massive unlock in terms of how much we can process that it’s going to be as big of a wealth creator, if we pull it off, as AI.” Bitcoin remains resilient…
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BitcoinEthereumNews2025/09/19 23:06