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Breakthrough in Quantum Computing: Researcher Claims 1 Bitcoin Bounty for Successful Attack on Elliptic Curve Cryptography
The threat of quantum attacks on cryptocurrency has become more tangible, as a researcher has successfully broken a 15-bit elliptic curve key, a crucial component of the underlying technology. This achievement has earned Giancarlo Lelli a 1 bitcoin bounty, valued at approximately $78,000, from quantum security startup Project Eleven. Although this breakthrough does not immediately compromise the …
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Prize for Successfully Executing Largest Quantum Attack on Underlying Technology
The perceived threat of quantum attacks to Bitcoin's security has become more tangible. Quantum security startup Project Eleven awarded a 1 bitcoin prize, valued at approximately $78,000, to Giancarlo Lelli for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This achievement demonstrates the derivation of a private encryption key from its public counterpart. Although…
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Bounty for Achieving the Largest Quantum Attack to Date
The threat of quantum attacks on bitcoin's underlying technology has become more tangible, following a recent breakthrough by independent researcher Giancarlo Lelli. Project Eleven awarded Lelli a 1 bitcoin prize, 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 represents the l…
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, once considered a distant concern, has become more tangible. Quantum security startup Project Eleven awarded a 1 bitcoin bounty, valued at approximately $78,000, to Giancarlo Lelli after he accomplished the largest public demonstration of an attack that could potentially jeopardize bitcoin and other major blockchains. Lelli's achievement involved breaking…
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, following a recent breakthrough by researcher Giancarlo Lelli. Lelli was awarded a 1 bitcoin bounty by quantum security startup Project Eleven for successfully breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This achievement marks a significant milestone in the development of quantum attacks, w…
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 as an independent researcher, Giancarlo Lelli, has been awarded a 1 bitcoin bounty for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This achievement marks a 512-fold increase from the previous public demonstration in September 2025. Elliptic curve cryptography, which enables crypto wallets to…
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Prize for Achieving Largest Quantum Attack on Underlying Technology
A significant breakthrough has been made in the field of quantum attacks, with independent researcher Giancarlo Lelli winning a 1 bitcoin prize for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This achievement marks a 512-fold increase over the previous public demonstration and has significant implications for the security of cryptocurrencies such as bitcoin and e…
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 latest achievement by Giancarlo Lelli, who has been awarded a 1 bitcoin bounty by quantum security startup Project Eleven. Lelli's feat involves breaking a 15-bit elliptic curve key on publicly accessible quantum hardware, a significant milestone in the field of quantum computing. This breakthrough has sparked conce…
April 24, 2026, 3:14 p.m.
Tech
Breakthrough in Quantum Attack: Researcher Claims 1 Bitcoin Bounty
The threat of quantum attacks on bitcoin and other cryptocurrencies has become more tangible with the latest breakthrough by Giancarlo Lelli, who has been awarded a 1 bitcoin bounty for his achievement. Lelli used publicly accessible quantum hardware to break a 15-bit elliptic curve key, a significant step forward from the previous public demonstration of a 6-bit break. This development has spark…
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Prize for Achieving Largest Quantum Attack on Underlying Technology
The theoretical threat of quantum attacks on bitcoin has become more tangible, following the achievement of independent researcher Giancarlo Lelli, who was awarded a 1 bitcoin prize by quantum security startup Project Eleven. Lelli broke a 15-bit elliptic curve key on publicly accessible quantum hardware, a feat that is 512 times larger than the previous public demonstration in September 2025. Th…
April 24, 2026, 3:14 p.m.