IBM announced it has achieved "trusted quantum advantage," demonstrating a quantum computer completed a computation beyond classical methods with statistical evidence of accuracy. This milestone, in collaboration with the University of Chicago, advances fault-tolerant quantum computing.
Galaxy Digital committed up to $5 million in grants for open-source developers to build post-quantum cryptography for Bitcoin and formed a quantum advisory council. This initiative addresses concerns about Bitcoin's security against future quantum computers, with experts debating the timeline for a breakthrough.
The White House has accelerated deadlines for government agencies to adopt quantum-resistant encryption, requiring "high-value assets" to transition by Dec 31, 2030, and signature schemes by Dec 31, 2031. This move reflects new research suggesting quantum computers are closer than previously thought.
President Trump has moved the federal deadline for adopting post-quantum cryptography from 2035 to 2031. Experts are divided, with some calling it overdue and others too slow, highlighting the urgency and complexity of preparing for quantum threats.
President Trump signed executive orders to secure federal systems against quantum computers by 2031 and accelerate quantum computing development. This move heightens concerns for Bitcoin, with nearly 7 million BTC potentially vulnerable to quantum attacks, and highlights the slow pace of upgrading decentralized networks.
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.
Microsoft announced its new Majorana 2 topological quantum chip, 1,000 times more reliable than its predecessor, thanks to AI tools that analyzed research and optimized fabrication. This advancement brings scalable quantum computing closer, with potential implications for Bitcoin's cryptography.
Guangzhou University inaugurated the Pei Dingyi Cryptography Research Institute and held a forum on cryptography technology. The institute honors Pei Dingyi, a pioneer in China's cryptography field, and aims to foster collaboration between academia and industry in cybersecurity research and talent development.
Researchers are exploring quantum cryptography protocols that rely on causality, not just quantum mechanics, to ensure security against future unknown theories and potential "quantum jamming."
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.
Cryptography company Succinct launched Zcam, an iPhone camera app that signs photos and videos at capture to help prove media authenticity in the AI era.
NIST finalized post-quantum cryptography standards in August 2024 with a 2035 deprecation deadline, forcing crypto projects to demonstrate concrete quantum-readiness plans. Coinbase warns that roughly 13.6 million Bitcoin addresses have exposed public keys, while Google's research shows quantum computers could break elliptic-curve cryptography with fewer than 500,000 physical qubits. Projects without clear migration roadmaps risk losing institutional credibility.
NIST finalized post-quantum cryptography standards in August 2024 with a 2035 deprecation deadline, prompting Coinbase and Google to publish migration roadmaps. The crypto industry faces a full-stack migration challenge across consensus layers, wallets, exchanges, and hardware, with vendors like Trezor and AWS already marketing quantum-ready products. The convergence of these directives transforms post-quantum planning from a technical debate into a governance and credibility test, where firms with concrete end-to-end migration plans may gain institutional advantage.
Coinbase's quantum advisory board warned that sufficiently powerful quantum computers could eventually break blockchain cryptography, highlighting Algorand and Aptos as most prepared for post-quantum security. The board said proof-of-stake chains like Ethereum and Solana face greater risk due to validator signature schemes, though both have upgrade roadmaps. The threat remains hypothetical, at least a decade away.
Coinbase's Independent Advisory Board on Quantum Computing and Blockchain released a report warning that proof-of-stake blockchains like Ethereum and Solana face greater quantum computing exposure due to vulnerable validator signatures. The BLS signatures used by Ethereum validators and Ed25519 signatures used by Solana could be broken by sufficiently powerful quantum computers. The report estimates 6.9 million Bitcoin have exposed public keys. While current systems remain secure, the advisory board urges the industry to begin migrating to quantum-resistant cryptography now.
Ripple announced a multi-stage plan to prepare the XRP Ledger for post-quantum cryptography with a 2028 target for full readiness, responding to Google Quantum AI research showing roughly 500,000 physical qubits may be enough to attack ECDLP-256 cryptography. The four-phase roadmap begins with contingency planning in 2026, followed by research and testing, controlled environments on Devnet, and a production transition involving a new XRPL amendment.
Quantum computing has long served as Bitcoin’s most cinematic threat. It has the right ingredients for a high-drama warning, strange machines, broken cryptography, and the possibility of a future rewrite of digital trust. Yet the greater danger facing Bitcoin today looks far more ordinary and far more commercial. It is artificial intelligence, and the pressure […] The post New research shows Bitcoin must retake $80k or risk BTC miner shut down in competition with $4B in AI revenue appeared first on CryptoSlate.
