A July 15 report by global consulting firm Capgemini warns that public-key cryptographic systems, including RSA and elliptic curve cryptography (ECC), may be rendered obsolete by quantum machines in ...

A new research paper by Google Quantum AI researcher Craig Gidney shows that breaking widely used RSA encryption may require 20 times fewer quantum resources than previously believed. The finding did ...

Quantum computing is on the horizon, promising to solve complex problems beyond the capabilities of classical computers. But for Bitcoin and other cryptocurrencies, which rely on today’s cryptographic ...

Project Eleven, a quantum computing research and advocacy firm, has launched the Q-Day Prize, a global competition offering 1 bitcoin BTC $103,360.58 to the first team able to break an elliptic curve ...

Quantum researchers are offering 1 Bitcoin to whoever cracks the biggest “toy version” of a Bitcoin key using Shor's algorithm on a quantum computer. Quantum computing research firm Project Eleven has ...

Update (June 4, 2025, 6:45 am UTC): This article has been updated to add commentary by crypto lawyer Michael Bacina. Malikie Innovations, a firm that acquired tens of thousands of patents from ...