News with the tag "quantum computing"

Is quantum computing threatening Bitcoin sooner than expected? On Wednesday, Microsoft unveiled its first quantum computing chip, dubbed “Majorana 1.” While the tech community has long speculated about Google’s next-generation quantum effort—often referred to as “Willow”—Microsoft’s announcement pla...

Are Korean cryptocurrency investors losing sleep over quantum computers? A recent survey suggests a significant portion are indeed concerned about the potential threat these futuristic machines pose to Bitcoin. Let’s dive into the intriguing findings of a survey conducted by Bitcoin World and Cratos...

The chief executive of stablecoin issuer Tether ( USDT ) says that quantum computing will allow hackers to steal Bitcoin ( BTC ) from lost wallets. In a new thread on the social media platform X, Tether CEO Paolo Ardoino predicts that while active crypto users may move their funds to quantum-resista...

Paolo Ardoino, CEO of Tether, has issued a provocative prediction about the future of Bitcoin security, warning that advances in quantum computing may eventually breach inactive wallets, including those potentially owned by Bitcoin’s mysterious creator, Satoshi Nakamoto . Quantum Computing Still Yea...

A recently published journal article by researchers at BTQ, a startup working to build blockchain technology that can withstand attacks from quantum computers, has proposed an alternative to the Proof of Work (PoW) algorithm involving quantum technology. Proof of Work is a blockchain consensus mecha...

In the early 2020s, quantum computing hit the public spotlight as a potential threat to Bitcoin. Relying on SHA-256 cryptographic hash function for its proof-of-work network consensus, Bitcoin’s value is predicated on computational power. If there is a technology that can circumvent the traditional ...

Fetch.ai has launched a $10 million accelerator program to empower startups in AI agents, quantum computing and high-performance technology.

The rapid advancements in quantum computing which sparked growing concerns within the cryptocurrency sector late last year, particularly regarding Bitcoin’s long-term resilience seem to have once again resurfaced. CryptoQuant, an on-chain data analytics platform, recently highlighted these risks in ...

Solana (SOL) developers have developed an optional quantum-resistant vault dubbed Winternitz Vault. This new solution, introduced in a January 3 GitHub post by cryptography researcher and Zeus Network Chief Scientist Dean Little, is designed to safeguard user funds from future threats posed by quant...

The National Institute of Standards and Technology (NIST) said it will deprecate ECDSA after 2030. Government to Deprecate Bitcoin Signature Cryptography The cryptography underpinning Bitcoin’s digital signatures – Elliptic Curve Digital Signature Algorithm (ECDSA) – will be deprecated by the govern...