Bitcoin’s massive slide from its October high near $126,000 to about $67,000 has sparked debate over whether fears of quantum computing pose a real threat to the network’s cryptography or whether the downturn is better explained by shifting capital flows.
BIP 360, a proposal to make Bitcoin more resistant to future quantum computing threats, has been updated and merged into the official BIP GitHub repository.
Coinbase has launched an Independent Advisory Board on Quantum Computing and Blockchain to proactively safeguard Bitcoin and other digital assets against potential future quantum threats.
Jefferies strategist Christopher Wood has dropped Bitcoin from his Greed & Fear portfolio, citing quantum computing as a potential existential threat to its cryptography.
In an expansion of its digital asset portfolio, Quantum BioPharma Ltd. has announced the purchase of an additional $500,000 in Bitcoin and other cryptocurrencies,...