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Quantum computing threat to Bitcoin security intensifies ahead of 2028, sparking debate and investor caution.

Market News
07 Aug 2026
Cointribune
View Source
Bearish
pluang ai news

Concerns over quantum computing breaking Bitcoin's cryptography by 2028 have intensified, with industry leaders warning of vulnerabilities. Tom Lee highlights Bitcoin's lack of consensus on quantum resistance compared to other blockchains like Ethereum and Solana, while IBM's CEO urges caution within 3-4 years. This has led investors like Jim Cramer to sell Bitcoin holdings. Bitcoin developers emphasize the network's use of digital signatures rather than encryption and are exploring upgrades like BIP-360 to enhance security. The challenge lies in achieving consensus among diverse stakeholders to implement post-quantum protections before the threat materializes, testing Bitcoin's decentralized governance and market confidence.

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Star Equity Holdings to release Q2 2026 results on August 14 with a conference call.

Star Equity Holdings to release Q2 2026 results on August 14 with a conference call.

Star Equity Holdings, a diversified holding company, announced it will release its financial results for the second quarter ending June 30, 2026, on August 14 before market open. A conference call to discuss the results and management's outlook is sc...

Company Fundamentals
Neutral
36 minutes ago
Barrick appoints new senior leaders to strengthen corporate affairs and investor relations.

Barrick appoints new senior leaders to strengthen corporate affairs and investor relations.

Barrick Mining Corporation announced key senior appointments: Sarah Ball Teslik as Chief Corporate Affairs Officer, Daniel Wilner as Senior Vice President of Corporate Affairs and Capital Markets, and Emily Chieng as Vice President of Investor Relati...

Company Fundamentals
Bullish
36 minutes ago
Truist raises RXO price target to $28 after strong Q2 revenue and profit beat.

Truist raises RXO price target to $28 after strong Q2 revenue and profit beat.

Truist Financial raised its price target for RXO to $28, signaling a 30% potential gain after the company reported strong Q2 results. RXO posted $1.77 billion in revenue, a 25% increase year-over-year, surpassing analyst estimates by nearly 15%. Earn...

Analyst Insights
Bullish
1 hour ago
Under Armour Q1 EPS beats estimates but revenue falls 3% amid North American sales drop

Under Armour Q1 EPS beats estimates but revenue falls 3% amid North American sales drop

Under Armour reported Q1 earnings with an EPS of $0.05, beating analyst estimates of $0.02 by 150%. However, revenue fell 3% year-over-year to $1.1 billion, slightly below expectations, mainly due to a 9% decline in North American sales. Internationa...

Company Fundamentals
Neutral
1 hour ago
National Energy Services Reunited previews strong Q2 earnings with $300M contract wins boosting outlook

National Energy Services Reunited previews strong Q2 earnings with $300M contract wins boosting outlook

National Energy Services Reunited Corp. (NESR) is set to release its Q2 2026 earnings on August 10, with analysts expecting earnings per share of $0.35 and revenue of $448.54 million. The company recently secured $300 million in new five-year contrac...

Company Fundamentals
Bullish
1 hour ago
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