Bitcoin and the broader cryptocurrency ecosystem face a credible but manageable threat from the rise of quantum computing, according to Wall Street broker Bernstein. The firm notes that while recent breakthroughs have reduced the timeline for potential attacks on modern cryptography, scaling quantum systems to break widely used encryption remains a complex challenge.
Meanwhile, the Drift hack has revealed a more complex operation involving fake identities and in-person meetings, forcing a broader reckoning across decentralized finance. The Solana Foundation has launched a billboard campaign with a contrarian approach to crypto marketing, and Alchemy has released a new tool, AgentPay, that enables different AI payment systems to work together.