Is your Bitcoin safe? The truth about post-quantum cryptography

Bitcoin’s long-dismissed quantum computing threat is back in focus, as advances in quantum research force investors, developers and institutions to confront a future risk that may no longer be purely theoretical. Central to the concern is Bitcoin’s dependence on cryptographic algorithms that secure wallets and validate transactions. These systems are considered unbreakable by today’s classical […]

New Google Quantum algorithm surpasses frontier supercomputer 13,000x

The race to leverage quantum computing has just accelerated. Google recently announced a major breakthrough using the Willow quantum chip and a new method called the Quantum Echoes algorithm. This achievement brings the field closer to what researchers call “practical quantum advantage.” The latter is the point at which quantum computers can solve meaningful real-world […]

Shares of quantum computing companies rise to 16% after reports of talks with the US government

Shares of U.S. quantum computing companies rose in premarket trading Thursday after the Wall Street Journal reported that President Donald Trump’s administration is in talks to take equity stakes in exchange for federal funding. Shares of IONQ, Rigetti, D-Wave Quantum and Quantum Computing rose between 12% and 14% after the report said the companies are […]

Sebi is taking measures to ensure system security in the quantum computing era: Pandey

The advent of quantum computing could pose major security challenges and Sebi is preparing the system to be secure before its introduction, the capital market regulator chairman Tuhin Kanta Pandey said on Wednesday. Pandey said quantum computing has the technological capabilities to allow bad actors to compromise passwords, long believed to be highly secure. Therefore, […]