Search results for Mike Belshe
Crypto
Charles Hoskinson says he once held 108,000 bitcoin, touts Cardano DeFi
Charles Hoskinson said he once held 108,000 bitcoin after converting funds raised in Cardano’s early crowdsale, and argued that long-standing ties in the bitcoin community could help draw bitcoin liquidity into Cardano’s DeFi. He laid out conditions aimed at bitcoin holders, including self-custody and no forced moves to layer-2 solutions. Input Output Group’s Pogun plan includes a 2026 roadmap, while figures cited showed reduced proof-data size, faster verification and lower costs. Pogun’s CEO said borrowers signaled $500 million in demand and regulated institutions showed interest in supplying up to $1 billion.
Crypto
BitGo CEO says quantum computers not an immediate threat to bitcoin
Bitcoin’s cryptography could face a long-term threat from quantum computers, but the current technology does not pose a major immediate risk, an assessment said. BitGo co-CEO Mike Belshe said there is no quantum computer that can threaten bitcoin right away, citing the limitations of existing systems. He said the industry is preparing for long-term risks and noted BitGo has launched a quantum-resistant wallet that is not yet complete.
Crypto
U.S. Clarity Act fate pushed to Aug. 6 as Trump memecoin ethics fight continues
The U.S. Senate vote on the Clarity Act, a crypto market structure bill, has been pushed to Aug. 6 local time. Opposition from law enforcement has eased, with NOBLE backing the bill and MCSA shifting to a neutral stance. Disagreement over ethics provisions persists, after President Donald Trump’s financial disclosure listed more than $1 billion in crypto-related income, including over $600 million from the TRUMP memecoin.
