$ETH Crypto Lending Platform Ledn Transitions to Bitcoin-Only Loan Model, Discontinuing ETH and Growth Accounts
Ledn, a crypto lending platform, has announced a strategic shift to become a bitcoin-only company effective July 1, 2025, discontinuing support for ethereum ( ETH) and focusing exclusively on bitcoin-backed loans.
This decision is explained to be driven by the company’s commitment to providing a safer and simpler financial service for bitcoin holders, emphasizing client security and transparency.
Ledn will retire its BTC and ETH Growth Accounts and will no longer engage in institutional lending of client collateral, ensuring that client assets are not exposed to additional risks. The platform aims to enhance user experience by offering better collateral control and competitive loan rates, with the current Custodied loan rate decreasing from 14.9% APR to 12.9% APR. Ledn’s leadership believes these changes will strengthen their position in the market and improve the overall bitcoin-backed lending experience for clients.
Google slashes quantum resources needed to break RSA by 20x, Bitcoin faces earlier threat
Google has released new research showing that breaking RSA encryption—the backbone of banking and Bitcoin wallet security—now requires 20 times fewer quantum resources than previously estimated. Instead of 20 million qubits as estimated in 2019, it may now only take under 1 million noisy qubits to crack a 2048-bit RSA key in less than a week.
Although the most powerful quantum computer today—IBM’s Condor—only has 1,121 qubits, the pace of development is accelerating. This puts Bitcoin at increased risk, since it uses elliptic curve cryptography (ECC), which is also vulnerable to quantum attacks via Shor’s algorithm.
Google attributes the breakthrough to faster algorithms and smarter error correction techniques. The research team also utilized "magic state cultivation" to boost computational efficiency without needing extra quantum resources.
While powerful quantum machines remain a future prospect, projects like Solana and Ethereum are already developing quantum-resistant solutions. A hard fork to protect Bitcoin may happen before any real-world quantum hacks occur.
Source: https://arxiv.org/abs/2505.15917
🎬 Calling all AI creatives & filmmakers —
The 2025 MBL Short Film Contest is here, and yes, there’s a new AI short film category just for you.
Unleash your vision. Tell your story. Let it flow with Freeflow Films.
✨ Theme: Open (Choose one: General / Experimental / AI Short — no duplicates)
📦 Submit: Film, English title/synopsis, still cuts, English subtitles, director’s profile
🏆 Awards: $30,000 worth of MBL tokens
📅 Submission: Apr 28 – Jun 30
📢 Finalist announcement: Aug 4
🏅 Winners announced: Sep 8
Now’s the time to let your creativity flow.
More info here 👇
https://t.co/jPAbW90AdO
#MBLContest #AIShortFilm #FilmFestival #IndieFilm #FreeflowFilms #Web3Cinema #CreateWithAI
I'm eyeing $PAXG here—hit $3,371.50 and got smacked down hard. That wick screams seller strength.
Short Setup:
Entry: $3,355–$3,360
TP1: $3,340
TP2: $3,325
TP3: $3,300
SL: $3,372
I'm in if it retests entry with weakness. Volatility's high, perfect for a quick scalp. Gold dips? This drops.
Staying sharp.
{spot}(PAXGUSDT)
#WhaleJamesWynnWatch #TrumpTariffs #SaylorBTCPurchase #Bitcoin2025 #ETHMarketWatch