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Breakthrough in Quantum Attack: Researcher Claims 1 Bitcoin Bounty
A recent quantum attack on elliptic curve cryptography has raised concerns about the security of cryptocurrencies like Bitcoin and Ethereum. Independent researcher Giancarlo Lelli has been awarded a 1 bitcoin bounty for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware, a feat that is 512 times larger than the previous public demonstration. This breakthrough has signifi…
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Bounty for Achieving Largest Quantum Attack on Underlying Technology
A recent breakthrough in quantum computing has brought the threat of quantum attacks on cryptocurrency one step closer to reality. Quantum security startup Project Eleven has awarded a 1 bitcoin bounty, worth approximately $78,000, to independent researcher Giancarlo Lelli for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This achievement represents the largest pub…
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Prize for Achieving Largest Quantum Attack on Underlying Technology
The threat of quantum attacks on bitcoin has become more tangible with the latest achievement of independent researcher Giancarlo Lelli, who has been awarded 1 bitcoin, valued at approximately $78,000, for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This breakthrough, facilitated by quantum security startup Project Eleven, marks the largest public demonstration o…
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Prize for Achieving Largest Quantum Attack on Underlying Technology
The threat of quantum attacks on bitcoin has become more pressing after a researcher successfully broke a 15-bit elliptic curve key, a crucial component of the cryptocurrency's security. Quantum security startup Project Eleven awarded a 1 bitcoin prize, worth approximately $78,000, to independent researcher Giancarlo Lelli for his achievement. Lelli's breakthrough, which is 512 times larger than …
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Bounty for Achieving Largest Quantum Attack on Underlying Technology
The threat of quantum attacks on bitcoin has become more tangible after an independent researcher, Giancarlo Lelli, broke a 15-bit elliptic curve key on publicly accessible quantum hardware, earning a 1 bitcoin bounty worth approximately $78,000. This breakthrough is considered the largest public demonstration of its kind, posing a potential threat to bitcoin, ether, and other major blockchains. …
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Prize for Achieving Largest Quantum Attack on Underlying Technology
The threat of quantum attacks on bitcoin has become more tangible with the recent achievement of independent researcher Giancarlo Lelli. Lelli was awarded 1 bitcoin, worth approximately $78,000, by quantum security startup Project Eleven for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This feat is considered the largest public demonstration of its kind and has si…
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Bounty for Achieving Largest Quantum Attack on Underlying Technology
The threat of quantum attacks on bitcoin has become more tangible with the latest breakthrough. Quantum security startup Project Eleven has awarded its 1 bitcoin Q-Day Prize, valued at approximately $78,000, to independent researcher Giancarlo Lelli for successfully breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This feat, which involved deriving a private encryptio…
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Prize for Achieving Largest Quantum Attack on Underlying Technology
The threat of quantum attacks on bitcoin has become more tangible as an independent researcher, Giancarlo Lelli, broke a 15-bit elliptic curve key on publicly accessible quantum hardware. This achievement earned him a 1 bitcoin prize, worth approximately $78,000, from quantum security startup Project Eleven. The demonstration is the largest public display of its kind, with a 512-fold increase fro…
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Prize for Achieving Largest Quantum Attack on Underlying Technology
The threat of quantum attacks on bitcoin has become more tangible with the latest breakthrough by independent researcher Giancarlo Lelli, who has been awarded 1 bitcoin, valued at approximately $78,000, for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This achievement marks a significant milestone, as it demonstrates a 512-fold increase in the scale of the attack …
April 24, 2026, 3:14 p.m.
Tech
Breakthrough in Quantum Attack: Researcher Claims 1 Bitcoin Bounty
The threat of quantum attacks on cryptocurrency has become more tangible with the recent achievement of independent researcher Giancarlo Lelli. Lelli was awarded a 1 bitcoin bounty by quantum security startup Project Eleven for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This breakthrough demonstrates the ability to derive a private encryption key from its public…
April 24, 2026, 3:14 p.m.