Crypto Firms Race to 'Quantum-Proof' Wallets Before Bitcoin, Ethereum Networks Catch Up
Crypto companies are upgrading wallets to counter the coming quantum computing threat, but gaps remain.
Government Technology AI·
Seven Pennsylvania universities, the state government and the Pittsburgh Supercomputing Center are coordinating shared AI and quantum computing infrastructure to boost research and industry collaboration.
Read full articleCrypto companies are upgrading wallets to counter the coming quantum computing threat, but gaps remain.
Mike Belshe argued that quantum computing fears around Bitcoin may be influenced by business incentives. Fresh debate around Bitcoin’s long-term security emerged after a warning from post-quantum security firm Project Eleven. Concerns gained traction after the firm’s estimates about a possible “Q-Day” arriving within the next decade. However, BitGo CEO Mike Belshe rejected the claims […] The post BitGo CEO Pushes Back on Claims Quantum Computing Could Threaten BTC by 2030 appeared first on Live Bitcoin News.
Avalanche founder Emin Gün Sirer says Bitcoin’s shrinking miner rewards may pose a bigger risk than quantum computing or rivals.
Josh Shapiro has sued Character.AI after a chatbot falsely posed as a licensed Pennsylvania psychiatrist and offered medical advice to a state investigator. Pennsylvania Governor Josh Shapiro sued Character.AI on May 6, targeting the company’s chatbots for allegedly practicing medicine…
Zcash plans to launch quantum recoverable wallets within about a month. The system is designed to protect user funds during future cryptographic shifts. Full quantum-resistant security is targeted for rollout by 2027. Zcash is preparing a major upgrade aimed at protecting users from one of the long-term risks facing modern cryptography: quantum computing. The network […] The post Zcash plans quantum-resistant upgrade as crypto braces for future risks appeared first on CoinJournal.
Insider Brief ORCA Computing, a leading quantum computing company, and SiC Systems, a leader in physics-informed multi-agent AI for industrial process systems, today announced a strategic partnership to apply hybrid quantum–classical computing to industrial agentic AI for chemical and biomanufacturing process design, control and maintenance. This collaboration represents the first-time quantum computing is being integrated into industrial agentic […]
QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It's a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.
Pennsylvania has filed a lawsuit against Character.AI, alleging that one of its chatbots unlawfully impersonated a licensed psychiatrist in violation of the state’s Medical Practice Act. Governor Josh Shapiro said residents must be able to trust whether they are receiving advice from a qualified professional, particularly regarding their health. During testing by a state investigator, a Character.AI […]