Latest news with #NaorisProtocol
Yahoo
20-05-2025
- Business
- Yahoo
Naoris Protocol Begins Token Sale for First Post-Quantum Infrastructure Layer
PORTO, Portugal, May 20, 2025 /PRNewswire/ -- Naoris Protocol, the first quantum-resistant architecture and blockchain, today opened its highly anticipated public sale for the $NAORIS token, following over 15,000 pre-registrations. The sale, which takes place on the Tokensoft platform and is accessible via the Naoris Protocol Website, begins today, Tuesday, May 20, 2025, at 08:00 UTC and will continue for seven days, ending on Tuesday, May 27, 2025. During this period, the $NAORIS token will be available for purchase. Pre-registering is not a requirement for the Public Sale, so anyone who wishes to participate will be able to purchase $NAORIS using ETH, USDT, or USDC. Participants who pre-registered via the whitelist were able to complete Naoris Protocol's Know Your Customer (KYC) verification process before the start of the sale event. Since launching on January 31, 2025, Naoris's post-quantum testnet has been an overwhelming success, processing more than 64 million post-quantum transactions, onboarding 2.1 million wallets, deploying 828,000+ security nodes, and mitigating 342 million cyber threats, making it the fastest-growing trust and security layer in Web3. David Carvalho, CEO and Founder of Naoris Protocol, says: "We experienced overwhelming demand for our pre-registration whitelist when it opened, which was very encouraging and gave us an indication of the interest in our protocol. The threat to cryptography from quantum computing is no longer distant or theoretical - it's on our doorstep, and the time to act is now. Naoris Protocol is the first-ever architecture that can easily integrate with any EVM-compatible blockchain and make transactions quantum-secure, as their security becomes more pressing every year." Naoris Protocol is led by industry experts and cyber pioneers and backed by advisors with decades of experience. These include David Holtzman, former CTO of IBM and architect of the DNS protocol; Ahmed Réda Chami, Ambassador for Morocco to the EU and former CEO of Microsoft North Africa; Mick Mulvaney, former White House Chief of Staff; and Inge Kampenes, former Major General (ret.) and former fighter pilot and Chief of Norwegian Armed Forces Cyber Defence. The protocol's architecture operates at the Sub-Zero Layer below layers L0 to L3, meaning it can seamlessly integrate to secure blockchain transactions, decentralized exchange (DEX) dApps, nodes, bridges, and other Web3 systems, without requiring hard forks or operational disruption. Beyond Web3, it is designed to secure a wide variety of systems, processes, and physical infrastructure in traditional Web2 sectors, from healthcare to defense. In addition, Naoris Protocol runs a fully quantum-resistant Layer 1 blockchain secured by its proprietary Proof-of-Security (dPoSec) consensus mechanism. Its security mesh is powered by post-quantum cryptography and decentralized AI, and aligned with emerging EU and US quantum standards like NIST, NATO & ETSI. In 2022, Naoris Protocol raised a total of $31 million, backed by well-known visionary leader, Tim Draper, and institutional investors such as the Holdun Family Office and CLS Global. About Naoris Protocol Naoris Protocol is the world's first Decentralized Post-Quantum Infrastructure, built to secure both Web3 and Web2 against traditional and quantum threats. Operating beneath blockchain layers 0 to 3 as a Sub-Zero Layer, it integrates with existing EVM chains, nodes, bridges, dApps, enterprise systems, and IoT devices without requiring hard forks. Naoris Protocol combines Post-Quantum Cryptography, dPoSec Consensus, and Decentralized Swarm AI to create a self-healing security mesh that eliminates single points of failure. Since launching in January 2025, it has processed over 64 million transactions and mitigated 341 million threats. Powered by the $NAORIS token, it is the fastest-growing trust and security layer for a quantum-resilient internet. To learn more about Naoris Protocol, users can visit ContactManaging DirectorAnna FedorovaBlock3 PRanna@ Photo - View original content to download multimedia: SOURCE Naoris Protocol Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
15-05-2025
- Business
- Forbes
Serious BlackRock Bitcoin Warning Fuels ‘Disaster' Fears As The Price Suddenly Dives
Bitcoin has dropped back towards $100,000, falling sharply after a sudden surge fueled fears of a U.S. dollar collapse. Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes' CryptoAsset & Blockchain Advisor where you can "uncover blockchain blockbusters poised for 1,000% plus gains!" The bitcoin price, which earlier this week topped $105,000, has swung wildly over the last month as traders brace for further price shocks. Now, as Mark Zuckerberg is reportedly plotting to blow up the bitcoin price and crypto market, the world's largest asset manager, BlackRock, has quietly added a serious warning about quantum computing to the list of risks to its huge spot bitcoin exchange-traded fund (ETF). Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run BlackRock chief executive Larry Fink has become one of the most bullish pro-bitcoin voices on Wall ... More Street, helping the bitcoin price to soar. 'If quantum computing technology is able to advance […] it could potentially undermine the viability of many of the cryptographic algorithms used across the world's information technology infrastructure, including the cryptographic algorithms used for digital assets like bitcoin,' BlackRock's amended regulatory filing for its bitcoin fund read. BlackRock, which manages after around $10 trillion worth of assets for investors, spearheaded Wall Street's campaign to bring a long-awaited spot bitcoin ETF to market in 2023, with a fleet of funds debuting in January 2024. BlackRock's IBIT spot bitcoin ETF has since become one of the fastest growing ETFs of all-time helping to push the bitcoin price record highs and riding a bullish wave on the back of Donald Trump's election as U.S. president in November after Trump declared himself the first 'crypto president.' The fund now holds almost 3% of the 21 million bitcoin that will ever exist, worth $62 billion at the current bitcoin price, which some have warned could be giving BlackRock outsized control over the network. '[BlackRock is] going to highlight any potential thing that can go wrong with any product they list or underlying asset thats being invested in,' James Seyffart, ETF analyst with Bloomberg Intelligence, posted to X, adding such a warning is 'completely standard.' However, the quantum computing risk to bitcoin and other cryptocurrencies has exploded recently, with tech giants including Google's Alphabet making strides in quantum computing research. 'At this point, no blockchain is ready to withstand a quantum attack when this becomes possible, which could very well be much earlier than 2030,' David Carvalho, the chief executive of decentralized post-quantum infrastructure blockchain Naoris Protocol, said in emailed comments. 'Finance giants know the risk is there—BlackRock flagged the risk of quantum computing to bitcoin just this week. So why is the blockchain sector sleepwalking into a disaster?' Sign up now for CryptoCodex—A free, daily newsletter for the crypto-curious The bitcoin price has recently topped $100,000 per bitcoin again but a BlackRock warning has sparked ... More fears bitcoin could be "sleepwalking into disaster." It has long been feared that if a company or government is able to create a fully-fledged quantum computer, it could be used to bypass the encryption that secures the blockchain technology that underpins cryptocurrencies like bitcoin, potentially rending the network vulnerable to a devastating hack. Such vulnerabilities could be patched with software updates. In February, Paolo Ardoino, the chief executive of USDT stablecoin issuer Tether, predicted that quantum computing would eventually enable hackers to break into inactive bitcoin wallets and steal dormant coins—including that linked to mysterious, anonymous bitcoin creator Satoshi Nakamoto. 'Any bitcoin in lost wallets, including Satoshi (if not alive), will be hacked and put back in circulation,' Ardoino posted to X at the time, calling for development of "quantum-resistant addresses" and adding that "quantum computing is still very far from any meaningful risk of breaking bitcoin cryptography.'
