Proposal Seeks to Protect Bitcoin from Quantum Threats
Recent developments in the crypto space include a proposed solution to safeguard Bitcoin against potential quantum computer threats. This move, known as Bitcoin Improvement Proposal (BIP)-361, aims to migrate coins to quantum-resistant addresses, potentially freezing those that don't comply. In other news, research highlights the vulnerabilities of AI-powered crypto payment systems, and CoW Swap, a decentralized trading interface, suffered a domain name system (DNS) hijacking incident. Additionally, the XRP Ledger has integrated zero-knowledge (ZK) proofs, enabling private transactions on the public blockchain while meeting regulatory requirements.