Ethereum Targets Post-Quantum Wallet Security
Ethereum Research proposes a SPHINCS+-based post-quantum signature verification for the EVM, optimizing gas costs for wallet security without protocol upgrades. #Update #Crypto $ETH
Cryptography
Bitcoin Security Risks Loom Coinbase Warns
@Coinbase’s Quantum Advisory Council warns 7M $BTC could face future quantum exposure due to legacy address issues; no immediate threat, but long-term planning needed. #Update #Crypto $BTC
Bitcoin Faces 7M Quantum Risk Warning
Coinbase’s Quantum Advisory Council warns that 7 million $BTC are vulnerable to future quantum attacks due to exposed public keys and address reuse, urging early post-quantum migration planning. #Update #Crypto $BTC
NEAR Protocol Launches Post-Quantum Cryptography
@NEAR Protocol plans to deploy post-quantum signatures in its testnet by June 2026 to enhance blockchain security against quantum threats, following Google’s report on reduced resources for quantum attacks. #Update #Crypto $NEAR
Post-Quantum Cryptography Secures $20M Investment
@Project Eleven raises $20M in Series A funding led by Castle Island Ventures to enhance cryptocurrency infrastructure against quantum threats, with a major product launch expected in early 2026. #Update #Crypto
Cryptocurrency Startup Fabric Cryptography Secures $33M
? Fabric Cryptography secures $33M in Series A funding to accelerate development of its Verifiable Processing Unit (VPU), aiming for Q4 2024 release. Backed by @BlockchainCapital and @1kxnetwork, the VPU promises enhanced speed and cost-efficiency for cryptographic workloads.
Ripple advocates for quantum-resistant cryptography following expert warning
Ripple is at the forefront of developing quantum-resistant cryptography to protect digital assets against future quantum computing threats. This initiative, in collaboration with academic and institutional partners like NIST, aims to safeguard blockchain technology and enhance the security of online data across various sectors.