IOTAIOTA प्राइस

Eli Ben-Sasson, co-founder and CEO of StarkWare, stated that Starknet, as an L2 reliant on Ethereum's underlying security, is considering various options, including transitioning to L1, to independently control the network's security migration process in response to the cryptographic risks posed by quantum computing and AI. Built on ZK-STARK, Starknet possesses cryptographic agility and has already established a post-quantum security migration roadmap. Ethereum plans to achieve full quantum attack resistance for L1 by the end of 2029, while Bitcoin has yet to make a similar commitment. Starknet expects to implement relevant upgrades as early as 2027.

On October 8, Bitcoin mining pool operator Foundry announced that its founder and CEO Mike Colyer will step down after seven years in office. Over the next six months, Colyer will remain with Foundry as a strategic advisor to assist with the company's transition and the CEO selection process.

On October 8, the dollar maintained its strength against major currencies, supported by high US Treasury yields and market expectations for the Federal Reserve to maintain a hawkish interest rate policy. Danske Bank strategists anticipate that as investors demand higher risk premiums, the yields on 10-year and 30-year US Treasury bonds could rise to 6%. The relative strength index stands at 73.60, indicating that it has entered the overbought territory, suggesting a strong upward trend for the dollar index, although the potential for further increases may be limited, and no clear reversal signals have emerged yet.