Google's new chip Willow made a big statement that quantum computing is coming to the real world. That could also mean a future of cryptocurrency hacking.
A Looming Threat to Bitcoin
Explore seven bold predictions for crypto in 2025, from Bitcoin’s global impact to the rise of ETFs, DeFi and stablecoins, and more.
Prediction markets estimate a 77% likelihood that at least one Magnificent 7 company will add Bitcoin to its balance sheet in 2025.
Researchers found in a yet-to-be-peer-reviewed study that the threat of quantum computers cracking Bitcoin encryption is very real.
Bringing your technology down … can be very, very costly, even if it's on for a few minutes or a few hours,” University of Kent lecturer Carlos Perez-Delgado said.
As adoption accelerates, new price targets emerge, reflecting growing consumer interest and significant future investments.
While quantum computing does indeed pose significant threats to current security systems, it's not a master key to the universe, at least not right now. And there is no looming threat to Bitcoin, either.
Bitcoin hit a new all-time high Monday night, allowing the world's top digital currency to move closer to the market capitalization of tech titans Alphabet and Amazon.
Japanese investment firm Metaplanet has scooped up $60 million worth of Bitcoin in its largest single purchase ever.
This significant leap forward in processing power leads to questions about Bitcoin’s legendary security, unbroken for 15 years since the genesis block.
Bitcoin (BTC) is posting a 113% return in 2024 as of Dec. 24, yet most miners’ stocks have struggled to capitalize on the cryptocurrency’s gains, closing the year in the red. According to data from the Hashrate Index and Google Finance,