Hunter Beast, author of BIP 360, a proposal that aims to make bitcoin quantum computing resistant, has warned about advancements in the field that could potentially endanger bitcoin. “I don’t think we have as much time as I once thought,” he stressed. BIP 360 Author Raises Concerns About Bitcoin’s Vulnerability To Quantum Computing Quantum computing […]
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The tech giant has achieved a 20-fold reduction in the computing resources required to break modern cryptographic algorithms, such as Rivest-Shamir-Adleman (RSA). NYDIG Warns: Google’s Quantum Research Could Endanger Bitcoin Bitcoin innovation firm New York Digital Investment Group (NYDIG) published an article on Friday discussing Google’s recent quantum computing breakthrough capable of breaking RSA encryption […]
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In a recent Cointelegraph video, we assessed the risk posed by quantum computing to cryptocurrency, potential solutions, and what investors should do to protect their portfolios.
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A Nokia patent application showed that the company may be diving into digital asset encryption.
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Bitcoin’s private keys won’t be breached any time soon. But the industry still needs to transition to a “post-quantum cryptography.”
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Researchers said it was the first time a quantum computer “posed a real and substantial threat” to encryption, but multiple limitations still hamper a full-scale hack.
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An app on Google Play was discovered stealing cryptocurrency from users, employing advanced social engineering and trusted protocols. Check Point Research exposed the app after it had siphoned $70,000, deceiving over 150 victims. The attackers used the Walletconnect protocol to appear legitimate, manipulating Google search rankings and avoiding detection through encryption and obfuscation techniques. Malicious […]
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The biggest threat posed by quantum computers may be impossible to defend against.
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The Important Stories investigation seemingly contradicts Durov’s public claims.
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Crypto community members fear that Durov’s arrest may lead to stricter controls on decentralized technology.
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