The Algorand Foundation announced a plan to upgrade its blockchain to be resistant to quantum-computing attacks by the end of 2027. This roadmap includes new quantum-resistant accounts, support for hybrid accounts, and network infrastructure upgrades, aiming to secure digital assets against future threats.
Amazon and QuEra promise error-corrected quantum computing by 2028, while Quantinuum details its Helios trapped ion processor. Meanwhile, claims of quantum advantage are being tempered by advances in classical algorithms.
Amazon's top AI executive, Peter DeSantis, predicts the first commercially useful small-scale quantum computers will be available within five to seven years, comparing their future growth to Moore's Law. He clarified that quantum computers will solve specific problems intractable for classical computers, not just be faster.
Major banks are investing in cryptocurrency custody just as a report highlights a quantum computing threat to current security architectures. The Taurus report suggests existing multi-party computation (MPC) and hardware security module (HSM) systems may be vulnerable, potentially impacting Bitcoin and Ethereum. Migrating to quantum-resistant signatures faces significant blockchain protocol challenges.
Coinbase's Quantum Computing Advisory Board has released a report urging the crypto community to prepare for the threat of quantum computers breaking blockchain cryptography. Researchers estimate a quantum machine capable of cracking ECDSA, the standard protecting Bitcoin transactions, could emerge by 2030, potentially jeopardizing millions in Bitcoin and other cryptocurrencies.
Google declined $2 billion in US government quantum computing funding due to restrictive conditions, according to COO Charina Chou. The company prioritizes rapid development and seeks increased government investment in basic research and talent recruitment to compete with China.
Stellar developers have announced a three-stage migration plan to quantum-safe cryptography, aiming to protect the network from future quantum computing threats. Enterprise wallets can start migrating in 2026, with all accounts able to upgrade by the end of 2027 without changing their addresses. A key challenge remains dormant accounts.
Italian Prime Minister Giorgia Meloni and Minister Tommaso Foti signed six "cohesion agreements" totaling 1.7 billion euros. These agreements aim to reduce territorial disparities and strengthen Italy through investments in education, tourism, healthcare, security, research (AI, quantum computing), and hydrogeological risk reduction.
Quantinuum raised $1.68 billion in an upsized IPO, pricing shares at $60 and opening trading at $68 on Nasdaq. The quantum computing firm, a merger of Honeywell's quantum division and Cambridge Quantum, aims to advance trapped ion-based computing.
Microsoft and Atom Computing have released updates detailing incremental progress in quantum computing. Microsoft improved qubit stability using new materials, while Atom Computing developed a technique to swap in spare atoms for error correction, bringing the technology closer to general use.
Companies like Microsoft, Atom Computing, and EeroQ are making incremental advancements in quantum computing. Microsoft improved qubit stability with new materials, Atom Computing enhanced error correction with spare atoms, and EeroQ developed a method to interact with electrons for qubit development.
Shanghai-based Youshu Quantum Technology has launched UnitaryLab 2.0, an agent-driven quantum computing platform that allows users to operate quantum systems using natural language, making quantum computing more accessible.
Microsoft's new Majorana 2 chip utilizes an advanced material stack, signaling a potential acceleration in the development of quantum computing technology.
IBM's stock jumped nearly 10%, adding $28 billion in market value, after a resurfaced video showed Donald Trump calling CEO Arvind Krishna a "legend" and praising his leadership. The rally is attributed to social media buzz, AI optimism, and momentum-based trading.
A new study proposes China's first framework for identifying critical technologies for export restrictions, suggesting 63 sensitive or globally competitive technologies may warrant controls as China shifts from being a target of restrictions to potentially imposing them.
A US Congresswoman has declared recent $2 billion quantum computing investments illegal, arguing funds from the CHIPS and Science Act were meant for semiconductor R&D, not private equity in startups. The largest portion goes to Anderon, a new company co-funded by IBM and the government.
法國總統馬克宏宣布，為應對美中在關鍵技術的發展，將在量子運算和半導體領域增加投資15.5億歐元。這筆資金將用於強化運算能力、促進新創企業發展，並推動歐洲合作，以建立歐洲在這些戰略領域的主權。
France announced a €1 billion investment in quantum computing and €550 million for microelectronics to compete globally. This follows the US plan to invest $2 billion in quantum tech. The French quantum firm Alice & Bob is a beneficiary, developing tech to reduce quantum computing errors.
France, led by President Macron, is investing in quantum computing to compete with the US, which also announced significant equity stakes in nine quantum companies. CEO Theau Peronnin highlights growing investor interest due to the technology's economic importance.
France announced a €1 billion investment in quantum computing and €550 million for microelectronics. Meanwhile, Mexico and the EU are set to sign a new free trade agreement, aiming to reduce reliance on the US market. US stock futures saw a slight rise ahead of a long weekend, with investors monitoring Middle East peace talks.
The US government has unveiled a $2 billion federal investment program targeting quantum computing companies, with IBM receiving $1 billion to build a quantum chip foundry. The move triggered a sector-wide rally, with IBM shares climbing over 12%.
South Korean quantum computing stocks surged on May 22 following news that the US government will invest $2 billion in related companies, acquiring stakes. This news boosted stocks like Photon, KCS, and Xgate, as well as ETFs focused on the global quantum computing industry.
The US government announced a $2.013 billion investment in quantum computing, funding nine companies to accelerate the technology. This advancement poses a significant threat to Bitcoin's cryptographic security, potentially enabling the cracking of its encryption.
South Korean quantum computing stocks surged on May 22 following news that the US government will invest $2 billion in the sector, including acquiring stakes in companies like IBM. Related ETFs also saw significant gains.
