Researcher wins 1 bitcoin bounty for 'largest quantum attack' on underlying tech

A quantum researcher has successfully broken a simplified Bitcoin key, accelerating concerns about "Q-Day"—when quantum computers could crack crypto encryption. Bitcoin and other major cryptocurrencies face potential vulnerability as quantum technology advances. The breakthrough intensifies debate over implementing quantum-resistant protocols before quantum computing becomes practical. Indian investors should monitor developments in quantum-safe blockchain solutions and regulatory responses to this existential threat.

A filing Thursday said the lawsuit rehashes events already settled in court and seeks damages for losses caused by internal misconduct....

Bitmine is purchasing 10,000 ETH from the Ethereum Foundation for $23.87 million in an over-the-counter deal. The treasury firm, led by Fundstrat's Thomas Lee, now holds 4.97 million ETH while pursuing a 5% supply target of roughly 6 million tokens. Foundation proceeds will fund protocol research and ecosystem development. ETH currently trades below the $2,387 sale price.