Unlike AI, which has driven a surge in demand for graphics processors to train and run large language models, quantum computing targets a different class of challenges. Researchers say the technology could accelerate molecular simulations, […]
Readiness matters because quantum computing poses a real long-term risk to the cryptography that underpins modern finance. Banks are especially vulnerable to “harvest now, decrypt later” attacks, which the Bank for International Settlements’ Project Leap […]
Quantum computing is a risk factor for every encrypted system on the planet, including major banks. But crypto, due to the way it works, may be the technology that gets tested first. “Cryptocurrencies are the […]
BlackRock, Coinbase and Strategy are backing a $15 million effort to prepare Bitcoin against future quantum-computing attacks. The companies are among nine founding members of the Bitcoin Security Consortium, announced July 23 to support developers […]
Galaxy commits $5M to advance Bitcoin’s quantum-resistant security ecosystem. Grants support wallet migration tools, audits, and post-quantum cryptography. Industry collaboration aims to prepare Bitcoin before quantum threats emerge. Galaxy Digital has launched a $5 million […]
Galaxy Digital (GLXY) said it set up a $5 million fund for Bitcoin developers working to protect the network from the potential future threat posed by quantum computing. The crypto financial services company said it […]
He authored Bitcoin Improvement Proposal 361 (BIP-361), which outlines a phased migration to quantum-resistant cryptography. “The goal is to create incentives and deadlines so users, exchanges, custodians, wallets and institutions actually migrate in a timely […]
This is why the most exposed institutional holders have been waiting. They are waiting for the coordination work to happen, which a research grant does not accomplish. The work needs an actor with the standing […]
TLDRs; SK Telecom shares rose after EU-backed quantum security project announcement with AI calibration focus. Company joins Horizon Europe consortium developing photonic quantum key distribution systems globally. SK Telecom will lead PIC-based QKD development alongside […]
TLDR; Quantum computers could theoretically break Bitcoin’s cryptography using Shor’s algorithm — but machines capable of doing so are likely decades away. The real exposure is narrower than headlines suggest. Bitcoin developers are already working […]
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