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News
Researchers Halve Computational Estimate for Quantum Attack on Bitcoin and Ethereum
2+ day, 23+ hour ago (611+ words) Researchers halve quantum attack estimate for Bitcoin, Ethereum. A group of researchers has more than halved the computational complexity estimate for a key stage of a potential future quantum attack on Bitcoin and Ethereum, compared to Google’s benchmark, CoinDesk reports....
LayerZero and a16z Unveil Post-Quantum Proof System for Blockchains
3+ day, 2+ hour ago (548+ words) Lattice Jolt, a post-quantum proof system, launched. On September 9, Lattice Jolt was released, a new version of a computation verification system designed to withstand quantum attacks. According to developers from a16z crypto, the creation and verification of proofs have accelerated by…...
IonQ Estimates Quantum Computer Power Needed to Attack Bitcoin
4+ day, 22+ hour ago (424+ words) IonQ estimates 26 days to break secp256k1 with 20,000 qubits. A fault-tolerant quantum computer with approximately 20,000 physical qubits would require 26 days to break the cryptography of secp256k1, according to IonQ. The first complete, end-to-end fault-tolerant resource estimate for running Shor’s algorithm—the team used…...
QuFi Tests Post-Quantum Bitcoin Security Without Blockchain Changes
1+ week, 1+ day ago (354+ words) QuFi Network has launched a post-quantum verification platform designed to protect digital assets from future quantum threats without altering existing settlement networks. To demonstrate the solution, developers used the Bitcoin Testnet4. QuFi’s key idea is to separate transaction verification from its…...
Ethereum Developers Propose New Deposit Contract for Post-Quantum Signatures
2+ week, 5+ day ago (475+ words) Ethereum developers have proposed a new version of the deposit contract designed for signatures resistant to quantum attacks. Currently, a validator connects to the network through a smart contract that accepts deposits and operates solely with BLS cryptography. The draft…...
The Sandbox Contained Incident Involving 14.9 Billion Unauthorized SAND Tokens
3+ week, 1+ day ago (117+ words) ForkLog The Sandbox Contained Incident Involving 14.9 Billion Unauthorized SAND Tokens The Sandbox contained a 14.9 billion unauthorized SAND token incident. The team behind the metaverse project The Sandbox identified and contained a vulnerability that allowed an unknown party to issue 14.9 billion…...
Phishing campaign targets 885,000 crypto investors, Rust developer package compromise, and other cybersecurity news
3+ week, 1+ day ago (910+ words) This week’s key cybersecurity news. We’ve compiled the week’s most important cybersecurity news. Attackers stole a database containing about 885,000 phone numbers of crypto investors from various countries. Cybersecurity firm Rapid7 detailed the “Operation Asterix” phishing campaign. Victims received calls from people…...
BitBox Fixes Two Major Vulnerabilities in Bitcoin Wallet Firmware
3+ week, 4+ day ago (764+ words) BitBox fixes two major vulnerabilities in wallet firmware. On August 17, hardware wallet manufacturer BitBox released the Dixence update, addressing two major vulnerabilities in its firmware. The issues were discovered during internal audits using AI models. We just released the Dixence…...