The theoretical threat that quantum computers pose to the Bitcoin network moved a step closer to reality on Friday. Project Eleven, a startup focused on quantum security, awarded its "Q-Day Prize" to ...

PsiQuantum co-founder Terry Rudolph said in July it has no plans to attack Bitcoin, even if its upcoming facility becomes powerful enough to break the blockchain’s cryptography. The quantum computing ...

Google's new whitepaper says it could take only minutes for a quantum system to crack Bitcoin.

The crypto industry's reaction was that a quantum computing threat was still distant when Google unveiled its Willow quantum chip in December 2024. Bitcoin uses SHA-256 for mining and ECDSA for ...