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Quantum computers may crack Bitcoin and Ethereum security sooner than expected, risking millions in crypto.

Market News
28 Aug 2026
Crypto Briefing
View Source
Bearish
pluang ai news

A new study by Google Quantum AI revises downward the quantum computing power needed to break Bitcoin and Ethereum's elliptic-curve cryptography, estimating 1,200-1,450 logical qubits could suffice. This vulnerability exposes about 6.9 million BTC and millions of ETH held behind public keys, risking theft if quantum attacks succeed. Experts urge careful, precise preparation for quantum-resistant cryptography migration to avoid introducing new risks. Proposed solutions include hash-based signatures and on-chain cryptographic proofs to secure ownership post-quantum threats.

More News

Solana rebounds above $100, hinting at a potential bullish breakout after a key support hold.

Solana rebounds above $100, hinting at a potential bullish breakout after a key support hold.

Solana (SOL) recently climbed back above the $100 mark after a nearly 11% gain over the past week, signaling a possible structural shift in its price trend. Technical charts suggest a 'bear trap' pattern similar to its 2022-2023 bottoming phase, wher...

Technical Signals
Bullish
4 hours ago
Element Solutions Q2 revenue jumps 56% YoY, boosts EBITDA outlook on strong AI/data center demand

Element Solutions Q2 revenue jumps 56% YoY, boosts EBITDA outlook on strong AI/data center demand

Element Solutions reported a 56% year-over-year revenue increase in Q2, driven by the Micromax acquisition contributing $128.6 million and strong organic growth of 35.8%. The company raised its adjusted EBITDA guidance to $690–$710 million for the ye...

Analyst Insights
Bullish
4 hours ago
Guggenheim Active Allocation Fund yields 9.47% but faces risks from leverage and market conditions.

Guggenheim Active Allocation Fund yields 9.47% but faces risks from leverage and market conditions.

The Guggenheim Active Allocation Fund (GUG) offers a high yield of 9.47% through a leveraged multi-sector bond portfolio with minimal equity exposure. While it has outperformed major bond indices over several years, its use of leverage increases vola...

Market News
Neutral
4 hours ago
Bitcoin ETFs end $3B nine-day inflow streak with $202M outflow; Ether ETFs gain $102M.

Bitcoin ETFs end $3B nine-day inflow streak with $202M outflow; Ether ETFs gain $102M.

U.S. spot Bitcoin ETFs ended a nine-day buying streak with a $202 million net outflow on August 28, breaking a $3.04 billion inflow run. Meanwhile, Ether ETFs continued their positive trend, adding $102 million and extending their buying streak to te...

Market News
Neutral
4 hours ago
Mining Americas Inc. rated BUY with 32%+ upside on strong gold project economics and clear development plans.

Mining Americas Inc. rated BUY with 32%+ upside on strong gold project economics and clear development plans.

Mining Americas Inc. (MAI) is rated a BUY with a target price of US$6.40, suggesting over 32% potential upside. The company stands out among junior gold miners due to its strong development projects including Copperstone, Gold Rock, and Cerro Del Oro...

Analyst Insights
Bullish
4 hours ago
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