From the international exchanges of Thailand crypto to the departure of Elon Musk in the USDoge service, here is a summary of the main cryptography stories that may have lost.
Thailand prohibits five cryptographic exchange giants for license operations
The Bag and Values ​​Commission (SEC) of Thailand announced The five centralized international exchanges (CEX) will be prohibited by the unauthorized offer of services in the country.
As of June 28, 2025, Bybit, 1000X, Coinex, OKX and XT will be blocked from the Thailand Internet ecosystem. The local access of these CEX will be blocked by the Ministry of Economy and Digital Society, the agency responsible for promoting and developing the economy, society and digital security of the country.
In April 2024, the SEC of Thailand expressed interest in prohibiting unregistered CEX operating in the country to combat technology -related crimes.
“This is to protect investors and stop the use of unauthorized digital assets trade platforms such as a money laundering channel.”
Bag and Values ​​Commission of Thailand, in a translated statement
The quantum advance puts Bitcoin’s security at risk: study
A study by Google Quantum Ai Craig Gidney researcher revealed That the necessary quantum resources to break the RSA encryption can be 20 times lower than previously estimated. RSA is a public key cryptosystem that allows safe data transmission.
While the Bitcoin network itself does not use RSA, it is based on the cryptography of the elliptical curve, which is also vulnerable to quantum attacks through the Shor algorithm, according to the researcher.
Gidney’s new estimate suggests that a 2048 -bit RSA wrench could be deciphered in less than a week using less than one million noisy qubits, much less than the previously considered 20 million considered necessary.
This research significantly shortens the timeline for when quantum computing could represent a threat to encryption systems used in encryption and infrastructure wallets. Although no quantum computer today has enough qubits to execute such an attack, the rapid rhythm of the investigation is to generate alarms.
Ton arises as former Visa executive joins the Foundation
Toncoin, the native token with ton $ ton of the open network (ton), the block chain that admits web application on Telegram, increased almost 16% on May 28, 2025, after former Visa executive Nikola Plecas was appointed Vice President of Payments at the Ton Foundation.
His appointment, with the aim of improving Ton’s payment infrastructure, caused renewed investor confidence and significantly increased commercial activity.
According to a reportThe rally had an intense purchase impulse, with $ 3.18 to $ 3.29 in just two minutes, backed by volume peaks of more than 2.1 million in a single minute.
The technical analysis highlighted strong support for $ 2.97 and a new resistance to $ 3.27, together with a clear upward channel. While some late profits were produced, the strong break and sustained volume suggest a continuous binding impulse for $ ton.
Investors leave Gamestop after $ 500 million Bitcoin Bet
Purchase of $ 500 million of $ BTC gamestop motivated A strong liquidation of investors, with the company’s shares falling 10% immediately after the ad and falling 23% in general.
The pivot to cryptography, aimed at reliving profits in the midst of the decrease in video game sales, found skepticism when investors questioned the change in Gamestop’s main business.
Despite collecting $ 1.5 billion to finance the purchase of $ BTC, many fear that the strategy reflects a risky book that could be counterproductive. Experts warn that $ BTC volatility can expose Gamestop to greater financial instability, which aggravates their challenges of falling income and generalized closures of stores.
Coinbase is about to acquire Circle for complete USDC control
In an article, former coinbase employee Ryan Yi explained Why the cryptographic exchange giant should acquire a USDC $ emitter circle to obtain total stablecoin ecosystem control.
Yi argued that although Coinbase promoted much of the USDC growth, structural limitations prevent him from capturing the total income potential.
Currently, encryption exchange earns 100% of interest on $ USDC of custody, but only half of the income outside the platform, while the circle benefits disproportionately from the latter.
In addition, as $ USDC becomes a key income driver, which represents approximately 15% of Coinbase Q1 2025 income, YI argues that the property of the protocol layer, including intelligent contracts, multicraine infrastructure and bridge bridge infrastructure such as the Crucade Chains Transfer Protocol (CCTP), is the strategic future Coinbase regulatory. CCTP is a chain utility without permission that facilitates USDC transfers between blockchains through native burning and minting.
The acquisition of Circle would resolve long -term friction on the attribution of income, governance and alignment of the product, according to YI, who estimates that the assessor’s assessment could vary from $ 10 billion to $ 20 billion, depending on their expected opi and the impact of USDC $ income.
Alurya’s kingdoms close
Realms of Alurya, a fantasy action role -playing game that recently announced a migration to the Ronin Network, close and entered the maintenance mode due to the lack of funds. The team said that all updates and events stop up to an additional warning.
It is developed by Synergy Games, originally known as Synergy Land. Inspired by Diablo and Path of Exile, it presented a fast rhythm fight, drum -filled dungeons and an economy driven by players. Through elementary areas (land, water, fire and ice, players can explore dungeons generated in procedures, artisanal equipment, manage private islands, raise magical pets and exchange assets in NFT -based game.
Standard Chartered Predict Solana at $ 275 by 2025, $ 500 by 2029
Standard Chartered forecastEd that the native token of Solana, $ Sol, could reach $ 275 by the end of 2025 and reach $ 500 by 2029, citing its strength in cases of high high volume use such as financial and consumption applications.
However, the Global Bank warned that achieving the scale in these sectors could take time. Despite his position as a key player in the meme coin trade, Solana now exchanges cheap in relation to his income for the application, with an activity of meme coins already passed by his peak.
The bank also expects the Solana ecosystem to have a performance lower than its competitor, Ethereum, during the next two or three years, projecting the $ ETH/$ Sol ratio to increase from 14 to 17 by 2027 before falling again.
Elon Musk leaves the Trump administration for budget dispute
Multimillonario Elon Musk announced His departure from the administration of the president of the United States, Donald Trump, finished his mandate as a special government employee that supervises the service of the United States Government Efficiency Department (Doge).
His departure follows the growing disagreements on Trump’s massive expenses bill, which Musk criticized for increasing the federal deficit and undermining the cost reduction efforts of his team.
Musk expressed his frustration with the challenges of reforming the federal bureaucracy, describing it “much worse than I realized.” Despite his initial hopes, he found efforts to reduce the size of the government to be a uphill battle, which finally caused his decision to move away.
This article is published in bitpins: Crypto News that may have lost | May 31, 2025
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