Researcher Claims 1 Bitcoin Prize for Achieving Largest Quantum Attack on Cryptographic Technology
The threat of quantum attacks on bitcoin, once considered a distant concern, has become more tangible. Quantum security firm Project Eleven recently awarded a 1 bitcoin prize, valued at approximately $78,000, to independent researcher Giancarlo Lelli for breaking a 15-bit elliptic curve key on publicly available quantum hardware. This breakthrough, which is 512 times larger than the previous publ…
April 24, 2026, 3:14 p.m.