In this week’s edition of The Protocol, CoinDesk highlights crucial developments in cryptocurrency technology. Key stories include the impact of a major Amazon Web Services (AWS) outage on notable exchanges like Coinbase and platforms such as Infura, raising concerns over crypto’s reliance on centralized infrastructure. Monad is creating buzz with its upcoming token release, promising significant performance improvements aimed at competing with established blockchains like Solana. Experts caution that quantum computing poses a serious long-term threat to Bitcoin’s cryptography, emphasizing the need for urgent attention from developers. Additionally, Securitize launched the MCP Server, facilitating AI access to real-time on-chain asset data. In regulatory news, Blockchain.com is considering a SPAC public listing, and Coinbase has acquired Echo to streamline fundraising for crypto startups. British Columbia plans to ban new cryptocurrency mining operations to protect its power grid. Stay informed with developments that shape the cryptocurrency landscape.
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