★Watch Out Bitcoin: Cryptography-Breaking Quantum Computers May Be Closer Than Expected, Says Caltech
"This research highlights a looming, long-term threat to the security of digital assets like Bitcoin and Ethereum. If quantum computers advance faster than anticipated, the foundational cryptography protecting these multi-trillion dollar markets could be compromised, demanding urgent industry-wide solutions."

The Big Market Report Take
So, Caltech is saying those cryptography-breaking quantum computers might be arriving sooner than we thought. Bitcoin and Ethereum's security models are built on math that these machines could potentially unravel, which is certainly something to keep an eye on.
Never miss a story
More from this section
- Starbucks: The Financial Brew SoursSeeking Alpha14m ago
- Elme Communities: A Short-Term Liquidation OpportunitySeeking Alpha17m ago
- I Expect SCHD's Stellar Performance To Eventually Give Way To Inferior ReturnsSeeking Alpha23m ago