The blockchain industry is preparing for the quantum computing threat, with networks like Naoris Protocol launching mainnets built with post-quantum cryptography to prevent potential attacks from quantum computers that could break current cryptographic systems. These efforts aim to resist potential attacks that could pose a threat to blockchain security. The move comes as Cambodia passes a draft law imposing severe penalties on online scam operations involving crypto, aiming to eradicate the issue. Meanwhile, Circle plans to introduce a new Bitcoin token, cirBTC, backed 1:1 by on-chain Bitcoin reserves. Concerns have been raised over Drift Protocol's design, centralization risks following its $285 million exploit. The x402 Foundation, led by the Linux Foundation, will manage the development of a new internet payments standard. Former FTX Engineering Head Nishad Singh has been ordered to pay $3.7 million for misappropriated assets by the CFTC.