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 Computing
Quantum computing is a field of computing that uses principles of quantum mechanics to perform calculations far more efficiently than classical computers for certain tasks. Unlike traditional bits, quantum bits (qubits) can exist in multiple states simultaneously, enabling parallel computation. In the crypto context, quantum computing has the potential to challenge current cryptographic methods that secure blockchain networks. Researchers are exploring quantum-resistant algorithms to protect digital assets against future quantum attacks. Quantum computing may influence security standards and the long-term safety of blockchain systems.
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
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.