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Bitcoin Faces Quantum Computing Threat, Analysts Warn ETHNews
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3 Articles
Bitcoin Faces Quantum Computing Threat, Analysts Warn ETHNews
Noah’s Arc downgraded Bitcoin ETFs to “sell,” citing quantum computing risks within 5-7 years that markets currently ignore. Google’s 105-qubit Willow chip solves problems 10 septillion times faster, bringing quantum threats 5-10 years closer than expected. Financial firm Noah’s Arc Capital Management changed its Bitcoin ETF recommendation from “hold” to “sell.” The firm cites quantum computing as an underestimated technological threat. Analysts…
"We're leaning toward selling bitcoin ETFs because the market hasn't factored in quantum risk," says the financial firm. Read more
Quantum Computing Threatens Blockchains, Driving Development Of Resistant Systems
This research surveys emerging blockchain technologies, including those employing quantum-resistant cryptography and quantum mechanics, to address the growing threat posed by quantum computers to existing blockchain security.
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