https://cowlpane.com/tags/banks/ Recent content in Banks on Cowlpane Hugo en-us Sat, 09 May 2026 16:00:00 +0000 https://cowlpane.com/trading/it-might-be-too-late-for-bitcoins-quantum-migration-project-eleven-report-argues/ Sat, 09 May 2026 16:00:00 +0000 https://cowlpane.com/trading/it-might-be-too-late-for-bitcoins-quantum-migration-project-eleven-report-argues/ <p><em>Originally published by <a href="https://www.coindesk.com/business/2026/05/09/it-might-be-too-late-for-bitcoin-s-quantum-migration-project-eleven-report-argues">CoinDesk</a></em></p> <hr> <h2 id="quantum-computing-does-not-only-pose-a-risk-to-up-to-3-trillion-in-digital-assets-it-also-threatens-the-security-of-banking-systems-military-communications-digital-identities-and-more-project-elevens-report-warns">Quantum computing does not only pose a risk to up to $3 trillion in digital assets, it also threatens the security of banking systems, military communications, digital identities and more, Project Eleven’s report warns.</h2> <ul> <li> <p>A new 110-page report from Project Eleven warns that more than $3 trillion in digital assets secured by elliptic curve cryptography could become vulnerable to quantum attacks within four to seven years.</p> </li> <li> <p>The report says a “Q-Day” — when quantum computers can break widely used public-key cryptography — could arrive as early as 2030 and no later than 2033, threatening blockchains, banking, cloud systems and military communications.</p> https://cowlpane.com/trading/emerging-market-users-are-treating-crypto-exchanges-like-banking-apps-binance-sa/ Sat, 09 May 2026 15:41:38 +0000 https://cowlpane.com/trading/emerging-market-users-are-treating-crypto-exchanges-like-banking-apps-binance-sa/ <p><em>Originally published by <a href="https://www.coindesk.com/business/2026/05/09/emerging-market-users-are-treating-crypto-exchanges-like-banking-apps-binance-says">CoinDesk</a></em></p> <hr> <h2 id="one-point-three-billion-adults-lack-financial-services-47-billion-lack-credit-and-14-billion-savers-in-low-income-nations-earn-no-deposit-interest-binance-said">One point three billion adults lack financial services, 4.7 billion lack credit, and 1.4 billion savers in low-income nations earn no deposit interest, Binance said.</h2> <ul> <li> <p>Emerging markets are driving crypto adoption, accounting for 77% of Binance users in 2026, Binance said in a report. Users treat exchanges as &ldquo;shadow banks&rdquo; for savings, payments, and investments.</p> </li> <li> <p>Crypto platforms fill a financial access gap. One point three billion adults lack financial services, 4.7 billion lack credit, and 1.4 billion savers in low-income nations earn no deposit interest, Binance said.</p>