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Crypto

Tom Lee warns 35 percent of bitcoin supply could be exposed to quantum threat within 3 years

A warning has emerged that about 30 to 35 percent of bitcoin’s total supply could be exposed to quantum-computer attacks in 2028 to 2029. Fundstrat co-founder and Bitmine chairman Tom Lee said quantum computing could undermine bitcoin’s existing security system. He said the crypto industry has no unified response, while the Ethereum and Solana ecosystems are better prepared. Adam Back disputed Lee’s technical claims, saying bitcoin ownership is protected by ECDSA digital signatures and seed-phrase entropy.

AI & Enterprise

Wall Street seeks to sell $15 billion debt for Google-backed Anthropic Texas data center

Major Wall Street financial institutions are pursuing ways to transfer $15 billion in loans tied to a Google-backed Texas AI data center project to the bond market. A lending group led by Morgan Stanley is considering selling the debt as soon as it is funded. The Hubbard, Texas campus is designed as a lease to Anthropic. Banks are weighing AI growth opportunities against holding riskier loans, with bond sales seen as a way to recycle capital and limit exposure.

Crypto

U.S. Republicans and Democrats hold last-minute talks on CLARITY Act

The U.S. Congress has entered last-minute negotiations to advance the CLARITY Act, a digital asset market structure bill, ahead of the August recess. Senate Republican and Democratic aides held a series of meetings to narrow remaining differences. Talks focus on how to divide authority among federal regulators. Majority Leader John Thune allowed more time for negotiations. Senator Cynthia Lummis said she remains confident a vote is possible before recess, though opposition persists.