Google Says Fewer Qubits Needed to Break Crypto Encryption
New Google research suggests quantum computers may break crypto encryption with far fewer qubits than previously expected.
Consensus Mechanism
A consensus mechanism is the method a blockchain network uses to agree on the validity of transactions and the state of the ledger. It ensures that all participants share the same version of the blockchain without relying on a central authority. Common consensus mechanisms include proof of work and proof of stake. Each approach balances security, decentralization, and efficiency differently. Consensus mechanisms are fundamental to how blockchains function and remain secure.
Flow Foundation Seeks Court Order to Halt Korean Exchange Delistings
Flow Foundation and Dapper Labs filed a motion in a Seoul court to suspend planned delistings of the FLOW token by several major South Korean exchanges.
Quantum Facility Construction Raises Long-Term Questions for Bitcoin Security
PsiQuantum has begun construction on a large-scale quantum computing facility designed to house a one million-qubit system. Researchers say machines of this scale could eventually challenge Bitcoin’s cryptography.
Coinbase Establishes Expert Board to Assess Quantum Computing Risks to Bitcoin
By
Michael Turner
• 3 mins read
Coinbase has formed an independent advisory board of cryptography and quantum experts to evaluate long-term risks that quantum computing could pose to Bitcoin and blockchain security.
Hundreds of Wallets Drained Across EVM Chains as Attack Remains Unexplained
By
Matthew Clarke
• 3 mins read
Hundreds of crypto wallets across EVM-compatible chains have been drained in an ongoing attack, with investigators yet to identify the root cause or point of compromise.