Researcher Claims 1 Bitcoin Bounty for Achieving Largest Quantum Attack on Underlying Technology
The threat of quantum attacks on cryptocurrency has become more tangible. Quantum security startup Project Eleven awarded a 1 bitcoin bounty, worth around $78,000, to Giancarlo Lelli for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This achievement marks the largest public demonstration of its kind, posing a potential threat to bitcoin, ether, and other major bloc…
April 24, 2026, 3:14 p.m.