qubit – DIGIT INFO

Quantum computers may soon breach blockchain cryptography: Report

DIGIT — Thu, 05 Jan 2023 20:04:39 +0000

Cryptography experts are somewhat skeptical of the technique’s scalability, but aren’t ruling out the possibility of success either.

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Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date

DIGIT — Fri, 28 Jan 2022 17:30:24 +0000

Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain Ethereum bridge called Qubit has been hacked for $80 million. Data shows on January 27, 2022, an attacker siphoned a number of tokens from an exploit on Qubit Finance’s bridge and Certik says the hack […]

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What Google’s Quantum Breakthrough Means for Blockchain Cryptography

DIGIT — Sun, 22 Sep 2019 17:00:48 +0000

We’ve been warned for years that a quantum computing breakthrough is just around the corner. When that day comes, we’re told, it could render existing encryption standards obsolete, threatening the security of every major blockchain. It seems that day has finally arrived, with Google achieving “quantum supremacy.” Impressive as the feat is, however, it doesn’t […]

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