1. Quantum computing is a growing concern for Bitcoin as it could threaten proof-of-work algorithms. Amit Mehra from Borderless Capital predicts quantum computing will be a problem in the near future due to rapid technological advancements.
2. Quantum computing uses quantum physics to process information faster than current machines. Charles Edwards of Carpriole emphasizes the urgency to find solutions to quantum threats before it’s too late for the industry.
3. SUI Research introduced a new cryptographic framework to protect blockchains from quantum computing threats without requiring hard forks. The US government is considering investing in quantum computing to safeguard national security interests and stay competitive with China.
Read more at Cointelegraph.com
1. Bitcoin hits a new all-time high, surpassing $60,000 for the first time. The cryptocurrency’s market cap now exceeds $1 trillion.
2. Ethereum also sees a surge in price, reaching a new record of $2,000. The platform’s market cap is now over $230 billion.
3. Tesla announces that it will now accept Bitcoin as payment for its cars. This move is seen as a major endorsement of the cryptocurrency by a major company.
4. The overall cryptocurrency market cap hits $2 trillion for the first time, fueled by the rise of Bitcoin and other digital assets. Investors are increasingly turning to cryptocurrencies as a hedge against inflation.: Quantum Computing Still Years from Threatening Bitcoin, Says VC Amit Mehra
