Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Quantum computing threatens $500B in Bitcoin as public keys expose vulnerabilities.

Market News
30 May 2026
Crypto Briefing
View Source
Bearish
pluang ai news

Security experts warn that Bitcoin faces urgent risks from quantum computing, which could break its cryptography much sooner than expected. A recent Google Quantum AI paper reduced the estimated quantum resources needed to crack Bitcoin's security by 20 times, with about $450 to $500 billion worth of Bitcoin exposed due to visible public keys. This vulnerability arises because once a Bitcoin address has been used to send transactions, its public key is revealed, making those coins susceptible to future quantum attacks. Bitcoin's slow and decentralized upgrade process complicates rapid adoption of new, quantum-resistant cryptographic standards, increasing risk. Nation-state actors are reportedly stockpiling encrypted blockchain data now to decrypt later, highlighting the urgency for investors to consider more agile blockchain platforms with post-quantum security.

More News

Quantum threat to Bitcoin lies in encrypted data moving between institutions, not wallet keys, warns investor.

Quantum threat to Bitcoin lies in encrypted data moving between institutions, not wallet keys, warns investor.

Venture capitalist Andrew Gault highlights that Bitcoin's biggest quantum risk is not its wallet keys but the encrypted authentication data exchanged between financial institutions today. Adversaries are collecting this data now to decrypt it later w...

Market News
Bearish
4 hours ago
DRDGOLD rated 'Buy' with 36% upside, backed by strong cash flow and growth plans through Vision 2028.

DRDGOLD rated 'Buy' with 36% upside, backed by strong cash flow and growth plans through Vision 2028.

DRDGOLD is recommended as a 'Buy' with a 12-month target price of $35.39, suggesting a 36.10% upside at current gold prices. The company benefits from a debt-free balance sheet, a high operating margin of 53.7%, and disciplined capital allocation, wh...

Analyst Insights
Bullish
5 hours ago
Vistry poised to benefit from £39B UK social housing program despite past operational challenges.

Vistry poised to benefit from £39B UK social housing program despite past operational challenges.

Vistry Group, a UK homebuilder, has transitioned to a partnership model and is set to benefit significantly from the new 10-year £39 billion Social and Affordable Homes Programme. The company faced a difficult transition with operational challenges a...

Analyst Insights
Bullish
5 hours ago
Dormant Bitcoin wallets moved $7.6B in 2026 as price dipped below $74K, signaling possible profit-taking or repositioning.

Dormant Bitcoin wallets moved $7.6B in 2026 as price dipped below $74K, signaling possible profit-taking or repositioning.

In 2026, Bitcoin wallets dormant for 5 to 15 years have moved a total of $7.6 billion worth of coins, including a recent transfer of 665 BTC valued at $48 million as Bitcoin's price fell below $74,000. These long-inactive wallets, some dating back to...

Technical Signals
Neutral
5 hours ago
Investors urged to avoid chasing semiconductor stocks at peaks; wait for dips near support levels for safer buys.

Investors urged to avoid chasing semiconductor stocks at peaks; wait for dips near support levels for safer buys.

The article advises investors to avoid buying semiconductor stocks when prices are stretched far above support and key moving averages, as this increases risk. Instead, it recommends waiting for price dips near support levels like the 10-day or 50-da...

Technical Signals
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App