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Researcher Claims 1 Bitcoin Prize for Successful Quantum Attack on Elliptic Curve Cryptography
The threat of quantum attacks on bitcoin has become more real with the latest breakthrough by Giancarlo Lelli, who has been awarded 1 bitcoin for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This achievement is significant as it marks a 512-fold increase over the previous public demonstration in September 2025. The prize, worth approximately $78,000, was awarded b…
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 breakthrough by Giancarlo Lelli, who has been awarded a 1 bitcoin bounty for breaking a 15-bit elliptic curve key. This achievement marks a significant milestone in the development of quantum computing and its potential impact on the security of cryptocurrencies like Bitcoin and Ethereum. Elliptic curve crypt…
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. This achievement earned him a 1 bitcoin bounty, worth approximately $78,000, from quantum security startup Project Eleven. The breakthrough is significant as it demonstrates the largest public demonstration o…
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 a researcher has successfully broken a 15-bit elliptic curve key, a crucial component of cryptographic security. This achievement has earned Giancarlo Lelli a 1 bitcoin bounty, worth approximately $78,000, from quantum security startup Project Eleven. Although this breakthrough does not immediately jeopardize the securit…
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 a recent breakthrough. Quantum security startup Project Eleven awarded a 1 bitcoin bounty to Giancarlo Lelli for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This achievement is considered the largest public demonstration of its kind, posing a potential threat to the security of major bl…
April 24, 2026, 3:14 p.m.
Tech
Breakthrough in Quantum Attack: Researcher Claims 1 Bitcoin Bounty
A recent quantum attack on elliptic curve cryptography has sparked concern among cryptocurrency developers and enthusiasts. Independent researcher Giancarlo Lelli successfully broke a 15-bit elliptic curve key using publicly accessible quantum hardware, earning a 1 bitcoin bounty from quantum security startup Project Eleven. This achievement marks a significant milestone in the development of qua…
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 a recent breakthrough. Quantum security startup Project Eleven awarded a 1 bitcoin bounty to Giancarlo Lelli for breaking a 15-bit elliptic curve key, a feat that surpasses the previous public demonstration by a factor of 512. This achievement, while not an immediate threat to Bitcoin's 256-bit security, marks a signifi…
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 a recent breakthrough. 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 is considered the largest public demonstration of its kind, with implications for the security of major blockchains, includi…
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 for breaking a 15-bit elliptic curve key on publicly accessible quantum hardware. This breakthrough has significant implications for the security of major blockchains, including Bitcoin and Ethereum, which rely on elliptic curve cryptogra…
April 24, 2026, 3:14 p.m.
Tech
Researcher Claims 1 Bitcoin Bounty for Achieving Largest Quantum Attack on Underlying Technology
The potential quantum threat to Bitcoin's security has become more tangible with a recent breakthrough. Quantum security startup Project Eleven 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 marks the largest public demonstration of its kind and ha…
April 24, 2026, 3:14 p.m.