Oct 9 — Crypto slides as hack, quantum risk, EU rules loom
from QuantAlpha Digital Asset Update
• A hacker drained over $130 million in a Coldcard hardware wallet exploit — a major breach that shakes confidence in self-custody security. • Ethereum researcher Justin Drake urged the industry to prep for "bunker mode," warning AI could crack ECDSA signatures within months — a flagged risk to the cryptography securing most BTC and ETH. • EU regulators gave crypto platforms three months to delist unauthorized stablecoins — a MiCA deadline that could shift liquidity toward compliant issuers like USDC.
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