New Bitcoin Proposal Aims to Protect Against Quantum Computing Threats

A proposed Bitcoin update could render quantum-vulnerable coins unusable, while AI agents are increasingly handling crypto payments, and decentralized platforms like CoW Swap face security risks. Meanwhile, the XRP Ledger has integrated zero-knowledge proofs to enhance transaction privacy. Bitcoin's developer community is considering a significant change to protect the network against potential quantum computer attacks. This move, outlined in Bitcoin Improvement Proposal (BIP)-361, could force users to migrate their coins to quantum-resistant addresses or risk having them frozen. The proposal comes as a recent Google report suggests that a powerful quantum computer could compromise Bitcoin's blockchain more easily than previously thought. In other news, researchers have found that AI agents handling crypto payments may not be secure, and CoW Swap recently suffered a domain name system (DNS) hijacking incident. The XRP Ledger has also added support for zero-knowledge proofs, allowing financial institutions to transact privately on the public blockchain while meeting regulatory requirements.