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first_img Mysten reported the first native quantum-resistant Devnet transaction of Sui, with the mainnet target set for the first quarter of 2027

Mysten Labs reports that the Sui network has completed its first native post-quantum Devnet transaction. This Devnet implementation introduces the ML-DSA-65 account signature, allowing accounts to authorize transactions directly using this post-quantum signature scheme. ML-DSA-65 belongs to the ML-DSA series defined by the National Institute of Standards and Technology (NIST) FIPS 204 standard, and Sui uses it as the native protocol signature scheme for everyday accounts.Sui is also planning to introduce a hash-based SLH-DSA-SHA2-128s (FIPS 205) for high-value vaults in Move smart contracts. The two schemes are based on lattice-based and hash-based mathematical problems, respectively, so a weakness in one scheme will not affect the other. Since Sui keys are deterministically derived from seeds, users can migrate to post-quantum keys using existing mnemonic phrases; the already launched address aliases allow accounts to update authorization keys without transferring assets.Post-quantum accounts are being rolled out in an optional, incremental manner, following the online path of zkLogin and passkey. Sui states that the goal for the post-quantum vault is to go live on the mainnet within this year, with the native ML-DSA-65 accounts aiming to enter the testnet by the end of the year, and the mainnet native account authentication goal set for the first quarter of 2027, with the final timeline depending on independent audits and testnet feedback.

Chainalysis: South Korea's cryptocurrency economy reached 449.1 billion USD, ranking first in East Asia, with AI token trading becoming the largest thematic sector

Chainalysis, in its "East Asia Cryptocurrency Adoption Report" released on October 5, stated that during the period from July 2025 to June 2026, overall cryptocurrency activity in East Asia has slightly contracted due to the global bear market, but significant differentiation has emerged within the region: South Korea remains the largest retail trading center, Hong Kong is becoming a hub for institutional fund settlement, Japanese users are accelerating their shift towards DEX and perpetual contracts, while the peer-to-peer use of stablecoins in mainland China continues to expand.The report estimates that South Korea's cryptocurrency economy will reach $449.1 billion during the same period, a 12.3% increase from the previous cycle, maintaining its position as the leader in East Asia; Japan, Hong Kong, mainland China, and Taiwan are at $228.3 billion, $192.2 billion, $176.3 billion, and $140.4 billion, respectively. The growth in South Korea is mainly driven by increased capital flows related to trading platforms, with the report stating that the local trading platform ecosystem has added approximately $51.1 billion in new traffic.The most notable change in the South Korean market comes from AI token trading. Chainalysis noted that by June 2026, AI-related cryptocurrency assets have become the largest thematic sector in won trading, surpassing the popularity of payment tokens like XRP. The report recorded that Worldcoin (WLD) achieved a trading volume of $7.41 billion during the observation period, with SAHARA, VIRTUAL, BIO, and NEAR also becoming active varieties. AI token trading priced in won accounts for about 19.5 times that of the yen market, indicating that South Korean retail investors are extending their AI investment preferences from the domestic stock market to the cryptocurrency market.However, institutional funds in South Korea are still in the preparation stage. The report points out that local banks and brokerages have generally formed digital asset teams and are promoting stablecoin, custody, and tokenization pilots, but direct corporate participation in cryptocurrency investment has not yet reached scale. If the cryptocurrency asset income tax planned for implementation in South Korea in 2027 is realized as scheduled, and corporate trading restrictions continue to be relaxed, the retail-dominated landscape of the South Korean market may face reevaluation.

first_img Decrypt launches an information exchange driven by MYR

Decrypt, a crypto media outlet, announced the launch of The Information Exchange, positioned as an information and financial network, with technology provided by the prediction market platform Myriad, using MYR as a coordination layer, operating on Solana.This network integrates news, data, market prices, probabilities, and direct participation into a single experience. The products include prediction markets, spot trading, perpetual contracts, structured event products, and new financial instruments, some built by Myriad and others connected to third-party protocols and exchanges.Decrypt stated that the cumulative trading volume of Myriad's prediction markets has exceeded $600 million, allowing information audiences to become market participants within the same experience.After merging with Rug Radio, Decrypt has approximately 1.6 million monthly unique users, around 3.7 million monthly page views, and over 73,000 active email subscribers. MYR can be staked for network functions such as information verification and market settlement, and can also be used to access higher API throughput, low-latency quotes, probability data, and execution services.The announcement stated that a portion of the revenue generated from network economic activities will be used for open market repurchases of MYR, supply reduction, staking incentives, network rewards, treasury, and ecological construction. Holders and stakers can benefit from lower transaction costs, enhanced data access, and paid products or services. The products will be launched in phases over the coming weeks and will continue until Solana Breakpoint.

first_img Chainalysis: Singapore's crypto economy grew by 55.4%, reaching a scale of 284 billion USD

According to Cointelegraph, data from Chainalysis shows that in the year leading up to June 2026, Singapore's cryptocurrency economic activity grew by 55.4% year-on-year, reaching a scale of $284 billion, reclaiming its position as the largest crypto economy in Central Asia, Southeast Asia, and Oceania amid an overall contraction in the region.The increase was mainly contributed by institutional platforms, with such activities surging by 94% to $60 billion, concentrated among a few market makers, over-the-counter trading firms, and institutional brokers. During the same period, the total crypto economy in the aforementioned region declined by 6.8%.Chainalysis pointed out that the growth of Singapore's institutional ecosystem is highly concentrated, primarily reflected in large transactions on existing platforms rather than the entry of numerous new services. At the same time, Singapore is tightening cryptocurrency regulations while promoting tokenization, stablecoins, and digital asset settlements.In 2025, the Monetary Authority of Singapore (MAS) required local crypto companies providing services to overseas clients to obtain licenses or exit the market. StraitsX CEO Tianwei Liu believes this measure curbed speculative activities and increased the proportion of banks and large enterprises applying blockchain in production. MAS is also conducting compliance stablecoin and tokenized bank deposit pilots through the BLOOM program, with Ripple joining on March 25 to test cross-border trade settlements using RLUSD.The Philippines, Thailand, and Vietnam excel in small P2P transfers. Chainalysis statistics show that the three countries collectively recorded 5.4 million domestic and international peer-to-peer transfers under $10,000, accounting for 14.4% of global similar transactions, but only representing 2.5% of the global crypto economy.
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