In today's crypto news, the Bank of Korea has stated that it is taking a cautious approach towards the inclusion of Bitcoin as a foreign exchange reserve, highlighting concerns over high volatility and potential transaction costs during market instability. In related discussions, Jameson Lopp, the chief security officer at Casa, expressed his opposition to using quantum computers for restoring lost Bitcoin, arguing that it undermines the network's core values like transaction immutability and security. He emphasized that quantum recovery could jeopardize security by allowing funds to be claimed illegitimately. Additionally, Hayden Davis, co-creator of the Libra token, has released a new Solana-based memecoin called Wolf (WOLF), which saw a significant 99% collapse shortly after launch, believed to be connected to insider trading activities. The token had initially reached a market cap of $42 million but was found to have over 80% of the supply controlled by a single entity, drawing parallels to prior controversial tokens.

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