Cryptography

Two recent studies indicate quantum computers could crack elliptic curve cryptography—securing banks, internet traffic, and cryptocurrencies like Bitcoin—with far fewer qubits than previously estimated: around 10,000-30,000 for one approach or 500,000 for another. Researchers highlight rapid hardware progress, urging a shift to post-quantum standards.

February 01, 2026 Reported by AI

The Ethereum Foundation has formed a dedicated Post-Quantum team to address emerging threats from quantum computing. Led by Thomas Coratger, the initiative focuses on upgrading the network's cryptographic foundations before potential risks materialize. This move reflects a broader shift in the blockchain ecosystem toward proactive defenses.