Iranians were able to access more than 1,500 Binance accounts last year, and $1.7 billion was transferred from two of them to terrorist proxies, The New York Times reported Monday.
Crypto
This May be a Solution to the Cryptocurrency Market’s Massive Quantum Problem
Distributed on behalf of 01 Quantum Inc.
The multi-trillion-dollar cryptocurrency market may have a major quantum computing problem on its hands moving forward. In fact, according to Tech Radar, “Sooner or later, quantum computers will be able to break through today’s encryption, and when that happens, critical industries such as defense, critical infrastructure, telecommunications, and others, will be at risk of nation-state attackers with enough resources to use the advanced tech for nefarious purposes such as espionage or data theft, research has warned.”
Unfortunately, quantum could have the potential to break down the codes that keep cryptocurrencies safe. They could decrypt private keys, ultimately allowing others to control and access others’ cryptocurrency holdings, creating a nightmare for investors.
“Quantum computers are posing a serious challenge to the security of the Bitcoin blockchain. Presently, about 25% of the Bitcoins in circulation are vulnerable to a quantum attack,” according to Deloitte. “Even if everyone takes the same protection measures, quantum computers might eventually become so fast that they will undermine the Bitcoin transaction process. In this case the security of the Bitcoin blockchain will be fundamentally broken.”
So, protection is essential from companies, such as 01 Quantum Inc. (TSXV: ONE) (OTCQB: OONEF), Palo Alto Networks (NASDAQ: PANW), CrowdStrike (NASDAQ: CRWD), Okta (NASDAQ: OKTA), and Zscaler (NASDAQ: ZS).
01 Quantum and qLABS, For Example, Just Provided Further Details of the qLABS Token – The Foundation of Quantum-Safe Web3 Infrastructure on Hyperliquid
01 Quantum (TSXV: ONE) (OTCQB: OONEF), one of the first-to-market, enterprise-level cybersecurity provider for the quantum computing era, and qLABS, a crypto foundation focused on quantum resilience, today announced the economic utility and value exchange in preparation for the launch of the qLABS Token, the first quantum-resistant governance and ecosystem token designed to secure the next generation of Web3 infrastructure on the Hyperliquid blockchain.
Built on 01 Quantum’s Quantum Crytpo Wrapper (QCW) technology as unveiled in the Company’s September 25, 2025 press release and incorporating 01 Quantum’s IronCAP™ post-quantum cryptographic engine, the qLABS Token is at the core of the initiative to make the Hyperliquid ecosystem fully resistant to the threat of quantum computing. This is the next step in moving from technical readiness into economic utility and value exchange as now the instrument of participation and utility, the qLABS Token is defined.
“The arrival of quantum computing represents a fundamental shift for cybersecurity,” said Andrew Cheung, Chief Executive Officer of 01 Quantum. “With qLABS, we are embedding NIST-approved post-quantum cryptography directly into Web3 infrastructure. The qLABS Token unites security, utility, and governance in a single architecture that future-proofs the blockchain economy. We are now moving from technical readiness into economic utility and value exchange.”
The qLABS Token is a fixed-supply governance and utility token deployed on the Hyperliquid network. Its economic model is designed to align long-term value creation with adoption of quantum-safe infrastructure:
· Capped Total Supply. The token supply is fixed, ensuring long-term scarcity and avoiding inflationary dilution.
· Revenue-Backed Buybacks. A portion of protocol revenue from wrapping, staking, and vault operations will be used to repurchase qLABS Tokens from the open market, reducing supply over time.
· Deflationary Burn Mechanisms. Token supply is further reduced through automatic burns triggered by early unstaking events or major quantum-security milestones—such as new NIST PQC standards or credible hardware breakthroughs toward fault-tolerant quantum computing.
· Governance Rights. Holders participate in key ecosystem decisions, including treasury allocation, fee models, and integration priorities, ensuring community-driven evolution of the protocol.
· Utility Integration. qLABS Tokens are required for core ecosystem functions such as creating quantum-resistant tokens via the qLABS Token Generator SDK, wrapping existing $HYPE assets, and offering new staking or vault strategies for quantum-resistant $HYPE holders.
“This design directly links token value to measurable ecosystem growth milestones,” said Ada Jonuse, Executive Director of qLABS. “As adoption scales and quantum-risk awareness increases, the deflationary model ensures long-term alignment between network security and holder value.”
The qLABS Token supports the rollout of a comprehensive quantum-resistant product suite built on IronCAP™ and Quantum Crypto Wrapper (QCW) technology, including:
· Quantum-Resistant Verification Protocol: on-chain validation using post-quantum signatures and Zero-Knowledge Proofs (ZKPs).
· qLABS Wallet: a multi-key wallet for individuals and institutions offering dual classical/quantum-resistant key pairs.
· Quantum-Resistant $HYPE: a 1:1 wrapped version of Hyperliquid’s native token providing yield generation, DeFi composability and protection against quantum attacks.
· Developer SDK and Stablecoin Infrastructure: tools enabling builders to issue and manage fully quantum-safe tokens and stablecoins directly on Hyperliquid.
“We are building the missing security layer for the world’s most innovative DeFi ecosystem,” said Antanas Guoga (Tony G), President of qLABS. “qLABS ensures that Hyperliquid’s financial applications will stay secure and operable well beyond Q-Day.”
Other related developments from around the markets include:
Palo Alto Networks, the global cybersecurity leader, announced Prisma® SASE 4.0, the industry’s most advanced AI-driven secure access service edge (SASE) solution. It sets a new standard with innovations in Prisma Browser that neutralize sophisticated web threats in real-time directly within the browser, where legacy solutions have critical blind spots. It’s designed to intercept and neutralize encrypted, evasive attacks that assemble inside the browser and bypass traditional secure web gateways. The browser is becoming the new operating system for the enterprise, the primary interface for AI and cloud applications. Securing it is not optional. As more critical applications and data reside within the browser, traditional consumer-grade browsers are no longer sufficient for businesses as they lack the necessary security controls to protect against the increasing number of cyberattacks. With Prisma SASE 4.0, Prisma Browser’s new in-browser advanced web protection identifies and neutralizes malware in real-time before it can do harm.
According to the 2025 State of Ransomware Survey from CrowdStrike, 76% of global organizations struggle to match the speed and sophistication of AI-powered attacks. With 89% viewing AI-powered protection as essential to closing the gap, the findings make clear that the future of stopping breaches will be decided by who holds the AI advantage – adversaries or defenders. “From malware development to social engineering, adversaries are weaponizing AI to accelerate every stage of attacks, collapsing the defender’s window of response,” said Elia Zaitsev, CTO at CrowdStrike. “The 2025 State of Ransomware Survey reinforces that legacy defenses can’t match the speed or sophistication of AI-driven attacks. Time is the currency of modern cyber defense – and in today’s AI-driven threat landscape, every second counts.”
Okta, the leading independent identity partner, today announced financial results for its second quarter ended July 31, 2025. “Okta’s unified identity platform is winning customers ranging from the world’s largest global organizations to massive government agencies,” said Todd McKinnon, Chief Executive Officer and co-founder of Okta. “Our solid Q2 results are highlighted by continued strength in new product adoption, the public sector, Auth0, and cash flow. In the age of AI, Okta’s independence and neutrality will continue to give organizations the freedom to innovate securely and on their own terms.”
Zscaler, the leader in cloud security, announced financial results for its fiscal fourth quarter and fiscal year ended July 31, 2025. “We had an outstanding Q4, in which we achieved a new milestone of more than $3 billion of Annual Recurring Revenue while achieving our highest ever operating margin for a quarter. We believe Zscaler’s Zero Trust and AI security solutions are imperative in today’s world and are driving robust demand,” said Jay Chaudhry, Chairman and CEO of Zscaler. “We recently delivered AI Guardrails for Public and Private apps, and we are rapidly expanding our AI security portfolio to address the emerging risks of AI models and applications.”
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for 01 Quantum Inc. by 01 Quantum Inc. We own ZERO shares of 01 Quantum Inc. Please click here for full disclaimer.
Contact Information:
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Winning Media
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Ty@winning.media
Crypto
Cryptocurrency Investment Fraud: Bizman loses Rs 2.6 cr to crypto, investment fraud | Hyderabad News – The Times of India
Hyderabad: A 69-year-old businessman from Somajiguda lost 2.65 crore allegedly in a cryptocurrency and stock investment fraud. Based on his complaint, Hyderabad Cyber Crime police have registered a case.The complainant was first contacted by a fraudster posing as Ramya Krishnan on Aug 30, 2025 through Facebook. She persuaded the victim to invest in a cryptocurrency and stock trading platform, Polyus Finance PFP Gold, hosted at the domain pfpgoldfx.vip, promising high returns to finance his proposed resort and apparel ventures.Fraudsters provided the victim a contact number for daily communication and sent screenshots showing notional profits credited in his wallet in USDT cryptocurrency. To build trust, the fraudster even allowed the victim a token withdrawal of 4,300 on Sept 12, 2025.Encouraged, the victim transferred over 2.65 crore in 10 transactions between Sept 10 and Dec 39, 2025 to various current accounts provided by the accused.When he attempted to withdraw his ‘earnings’, the accused demanded an additional 15% conversion commission. After he refused, the website became inaccessible and calls to the fraudsters went unanswered.Realising that he was duped, the victim filed an online report on the National Cybercrime Reporting Portal (NCRP) before approaching the Cyber Crime police on Feb 25.Based on his complaint, a case was registered under Sections 66C and 66D of the Information Technology Act and Sections 111(2)(b) (Organised crime), 318(4) (Cheating), 319(2) (Cheating by personation), 336(3) (Forgery for purpose of cheating), 338 (Forgery of valuable security, will, etc.) and 340(2) (Using as genuine a forged document or electronic record) of the Bharatiya Nyaya Sanhita on Wednesday. Police were analysing financial transactions to identify and arrest the accused.
Crypto
Terror groups receive $1.7b. from Iran through Binance | The Jerusalem Post
That was a potential violation of global sanctions, the report said, citing company records and documents collected by internal investigators.
The cryptocurrency exchange site reportedly fired or suspended at least four employees cited in the internal investigation. The company blamed “violations of company protocol” relating to its clients’ data, the Times reported.
The report came days after The Jerusalem Post spoke with experts from blockchain intelligence platform NOMINIS.io about how the Iranian regime was evading Western sanctions through cryptocurrencies.
The regime maintains a steady income using cryptocurrency through oil sales to Russia and China, NOMINIS CEO Snir Levi said at the time.
Regarding the latest scandal, he told the Post this week: “The latest allegations about Binance come months after the lawsuit by the victims’ families of October 7 – the ongoing Balva [versus] Binance case.
The majority of the allegations can be easily confirmed by on-chain data. There are thousands of cases where money has been sent and received to and from wallets that have clear connections to Iran.”
Binance founder Changpeng Zhao is being sued by the families of American victims and hostages of the October 7 massacre. He has been accused of knowingly enabling Hamas, Hezbollah, Palestinian Islamic Jihad, and Iran’s Islamic Revolutionary Guard Corps to transfer more than $1b. through its platform, including more than $50 million after the October 7 massacre.
Zhao pleaded guilty to anti-money-laundering violations in connection with Binance in 2023. US President Donald Trump pardoned him last October.
“They say what he did was not even a crime,” Trump told reporters last October. “It wasn’t a crime. That he was persecuted by the Biden administration, and so I gave him a pardon at the request of a lot of very good people.”
Binance representative Rachel Conlan said the accounts linked to the $1.7b. in Iranian transactions have been removed and the relevant authorities were informed.
“Any suggestion that Binance knowingly allowed sanctionable activity to continue unchecked is incorrect and defamatory,” she said, despite Zhao’s earlier admission of anti-money-laundering violations.
More than half a dozen compliance officials have left Binance, including a sanctions manager and the leader of the enterprise compliance team, over the past few months, the Times reported.
“No investigator was dismissed for raising compliance concerns or for reporting potential sanctions issues,” Conlan said in a statement to The Guardian.
Democrat senator opens inquiry into cryptocurrency company
While Conlan insisted there was no wrongdoing, US Sen. Richard Blumenthal (D-Connecticut) opened an inquiry into Binance on Tuesday, seeking records of the company’s dealings in Hong Kong , where funds have previously been transferred in a network against sanctions.
“Binance appears to have ignored warnings and recommendations to prevent Iranian money-laundering schemes on its cryptocurrency exchange,” Blumenthal wrote in a letter to Binance co-chief executive Richard Teng.
“According to documents obtained by the Times and the Journal, Binance was even warned that Hexa Whale was financing terrorist organizations such as the Yemeni Houthis, and internal investigators found cryptocurrency transfers to wallets associated with Iran’s Islamic Revolutionary Guards Corps and payments to crew members of Russia’s sanctions-evading shadow fleet of oil tankers,” he wrote.
“Instead of actually preventing illicit use, Binance has sought to evade accountability and influence the White House through lobbying and a financial partnership with World Liberty Financial (WLFI), the cryptocurrency firm owned by the sons of President Trump and his special envoy Steve Witkoff… This influence campaign has worked: In May 2025, the Securities and Exchange Commission announced that it was dismissing a lawsuit against Binance for lying to regulators and mishandling funds, followed in October by the stunning Presidential pardon of founder Changpeng Zhao.”
“The scale of the newly revealed illicit transfers – uncaught until nearly $2 billion flowed to sanctioned entities – and the unexplained firing of internal investigators call into question Binance’s compliance with American sanctions and banking laws, and its 2023 agreement to resolve the previous federal investigation,” Blumenthal wrote.
Crypto
1 Artificial Intelligence (AI) Stock With More Potential Than Any Cryptocurrency | The Motley Fool
Crypto is stumbling while AI is advancing.
We’re in one of those times when market players are shunning crypto investments. Factors such as persistent inflation, a declining likelihood of interest rate cuts (typically a major catalyst for crypto price pops), and outflows from once-hotly popular crypto exchange-traded funds (ETFs) have put the hurt on even the most prominent digital coins and tokens.
Given that, it’s worthwhile to consider another high-potential technology — artificial intelligence (AI). Despite huge growth opportunities ahead, AI has also taken it on the chin lately as well. It still has a bright future, and I believe investors can still hop on this train with a company that’s not a pure play, but one deeply — albeit not exclusively — involved in the technology.
Read on to see what AI giant I believe can outpace even the most popular cryptocurrencies.
Image source: Alphabet.
Alphabet is advancing AI
That company is none other than Google owner Alphabet (GOOG +0.68%)(GOOGL +0.68%). Although it’s still known, with some justification, as a search engine operator, the company has been neck-deep in AI for years. It’s developed both hardware and the large language models (LLMs) powered by it, and it clearly aims to be a top name in this technology.
I have no doubt it can succeed. Google’s AI component Gemini is now fused into the company’s search and many other features (like Google Mail). This makes it a convenient option for web searchers querying for more than basic information on a subject. Its functionalities are also integrated into offerings like Google Docs, where users can harness AI to help with their writing. The Gemini platform itself is a hot item, with a monthly active user count now topping 750 million.
On the hardware front, Alphabet is not only actively developing and deploying Tensor Processing Units (TPUs) — chips designed to power AI functionality — it invented them. Originally designed to bolster the company’s AI capabilities, the processors are now being sold to external customers, opening another revenue stream.
Today’s Change
(0.68%) $2.11
Current Price $313.03
Market Cap
$3.8T
Day’s Range
$309.36 – $313.66 52wk Range
$142.66 – $350.15
Volume
20M
Avg Vol 23M
Gross Margin
59.68%
Dividend Yield
0.27%Key Data Points
AI is a growth catalyst for Alphabet
Alphabet doesn’t break out the revenue it derives from AI hardware and services, so we can’t put a precise number on how much the technology is bringing in for the company.
Still, it’s clearly foundational these days — the phrase “AI” was mentioned 94 times during management’s fourth-quarter and full-year 2025 earnings conference call. And the tech giant stated in the accompanying earnings release that “We’re seeing our AI investments and infrastructure drive revenue and growth across the board.”
Alphabet’s two main revenue buckets, Google Services and Google Cloud — both of which feature AI-enhanced products — have seen robust increases. The former’s revenue grew 14% year over year during the quarter to almost $96 billion, while the latter’s skyrocketed 48% to just under $18 billion.
The numbers don’t lie. Even if the economy slows or inflation remains stubborn, demand for Alphabet’s impressively large suite of AI products and services will remain strong. I’d feel much more confident parking my money in this AI stock than gambling it on a wobbly cryptocurrency.
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