A collaborative research project involving over 100 participants and AI agents has reduced the quantum resources required for a key arithmetic step in attacking Bitcoin and Ethereum's elliptic-curve signatures by 86%. The study focused on reversible point addition over the secp256k1 curve used in Shor’s algorithm to recover private keys. Although the work significantly lowers the resource estimate, it is not a practical attack yet, as current quantum computers cannot run the full algorithm at cryptographic scale. The findings help blockchain networks plan their transition to post-quantum cryptography, highlighting the urgency due to exposed value from reused public keys and older address formats.
ChatGPT's AI analysis forecasts Bitcoin to reach around $97,000 by Halloween 2026, up from about $85,962 in early October 2024. The prediction is based on factors like growing ETF demand, institutional accumulation, and Bitcoin's historical strong pe...
The US Dollar Index reached an 18-month high of about 102.5, driven by rising US interest rates and political uncertainties in Europe, notably Spain's snap election and France's fiscal concerns. The euro dropped to a 17-month low against the dollar, ...
Bitcoin rose 1% to just above $86,000 following a weaker-than-expected US jobs report, which showed only 29,000 jobs added in September versus the anticipated 84,000. The report also revealed a rise in unemployment to 4.2% and slower wage growth, sug...
Cardano's ADA surged 10% in 24 hours to over 27 cents, its highest level since May, outperforming Bitcoin and Ether which rose modestly. The rally is likely driven by excitement around Cardano's new RealFi institutional credit product offering up to ...
Bitcoin has risen nearly 47% from its July low of $57,800 to around $86,000, yet Binance Research warns the current cycle bottom remains unconfirmed based on historical patterns. Their study found that rebounds of this size often fail if they occur b...
