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Coinbase is pushing the bitcoin community to act on quantum computing before it becomes a crisis. The exchange, which holds roughly five percent of all bitcoin in existence, is calling for flexible addresses, quantum-resistant backup keys, and a separate conversation about what to do with coins that have been lost for years. The argument is simple: better to build the infrastructure now than scramble later.
Meanwhile, Bank of America is facing a one point two billion dollar reckoning with US regulators over failures to prevent money laundering. Authorities say the bank also violated sanctions tied to Iran and Russia. It's a significant penalty, and it raises familiar questions about whether fines of this scale actually change behavior at institutions this large, or simply become a cost of doing business.
And on a quieter but meaningful note, a data journalist has published new projections showing that World War Two veterans are nearly gone from living memory. The piece, surfacing on Hacker News this week, maps the demographic curve as the last surviving witnesses to that conflict pass away. It's not a tech story in the traditional sense, but it's a reminder of what gets lost when we stop paying attention.
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