New Bitcoin Proposal Aims to Protect Against Quantum Computer Threats

Recent developments in the crypto space have raised concerns about the security of Bitcoin and other cryptocurrencies. A proposal has been put forth to protect Bitcoin against the potential threats of quantum computers, which could compromise the blockchain and steal coins. This proposal, known as Bitcoin Improvement Proposal (BIP)-361, suggests that bitcoin holders may need to migrate their coins to new quantum-resistant addresses or risk having them frozen permanently by the network. In other news, AI agents are increasingly being used to handle crypto payments, but research has shown that the infrastructure supporting this shift may not be secure. A recent security breach at CoW Swap, a decentralized trading interface, has also highlighted the ongoing risks at the front-end layer of DeFi platforms. Meanwhile, the XRP Ledger has added native support for zero-knowledge proofs, allowing financial institutions to transact privately on the public blockchain while meeting regulatory requirements.