Bitcoin Faces Quantum Risk as Coinbase Council Warns of 7 Million BTC Exposure Bitcoin’s long-term threat may not be a regulator, a rival chain, or some influencer’s latest moon-boy nonsense. It may be quantum computing — a future machine class that could one day crack today’s cryptography and turn old BTC ownership rules into a […]
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Ethereum researchers are proposing SPHINCS-, a post-quantum signature scheme designed to work on the EVM without protocol changes. It is a serious attempt to make quantum-resistant wallet security practical before the quantum boogeyman stops being a theory and starts wrecking signatures. SPHINCS-: stateless post-quantum signature scheme for Ethereum wallets Uses KECCAK256 instead of SHAKE256 for […]
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Quantum computing is still more lab-coat than street-level threat, but Coinbase says the crypto industry needs to start preparing now before today’s wallet security assumptions get left in the dust. Post-quantum security: the next major upgrade path for Bitcoin and crypto wallets Private keys at risk: digital signatures are the weak point, not the blockchain […]
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Circle is preparing USDC and its upcoming Arc blockchain for a threat that is still theoretical, but too dangerous to ignore: quantum computers that could one day break today’s standard cryptography. The move is sensible, overdue, and a bit of a wake-up call for an industry that loves decentralization right up until it has to […]
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Security experts warn Bitcoin faces urgent quantum risks as adversaries stockpile encrypted data are warning that Bitcoin’s long-term quantum problem is no longer a sci-fi footnote, especially if adversaries are already stockpiling encrypted data for a future decryption attempt. The threat is not immediate, but pretending it can be ignored is the kind of lazy […]
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Quantum computing is no longer just a nerdy thought experiment on the edge of Bitcoin Twitter. Alex Pruden is warning that it could eventually threaten the elliptic curve cryptography, or ECC, that protects Bitcoin signatures — and that the network should stop treating the issue like some far-off museum exhibit. ECC risk: Bitcoin’s signature system […]
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Bitcoin’s biggest long-term enemy may not be governments, exchange hacks, or the usual parade of scammers — it may be quantum computing. Project Eleven is warning that Bitcoin could face a serious cryptographic threat by 2030, and while that does not mean the network is on death row, it does mean the clock is ticking. […]
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A quantum researcher just won 1 BTC for cracking a 15-bit elliptic curve key, and while that is nowhere near enough to break Bitcoin, it is a reminder that quantum computing is not just a lab toy anymore. Project Eleven paid Giancarlo Lelli for a successful quantum ECC break 15-bit key recovered in about 45 […]
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Italian researcher Giancarlo Lelli has landed a 1 BTC bounty after demonstrating the largest known quantum attack on elliptic curve cryptography (ECC) so far, a result that pushes the quantum threat to Bitcoin from abstract worry to something that deserves real engineering attention. 1 BTC bounty awarded to Giancarlo Lelli on April 24 Shor’s algorithm […]
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Quantum computing just took another uncomfortable step toward the Bitcoin security debate, after Project Eleven’s Q-Day Prize was claimed by a researcher who broke a 15-bit elliptic curve cryptography key using publicly available quantum hardware. It’s a toy-sized crack, not a Bitcoin-busting event — but it’s another reminder that the quantum risk is real, even […]
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