Proposal Could Put Bitcoin at Risk of Quantum-Related Freezes
Recent developments in the crypto space include a proposal that could freeze Bitcoin coins vulnerable to quantum computers, a security breach on CoW Swap, and the integration of zero-knowledge proofs on the XRP Ledger. The Bitcoin proposal, known as BIP-361, aims to migrate coins to quantum-resistant addresses to prevent potential theft. Meanwhile, research highlights the vulnerability of AI-powered crypto payments to malicious attacks. The CoW Swap breach underscores the ongoing security risks in DeFi platforms, while the XRP Ledger's integration of ZK proofs enables private transactions on the public blockchain, addressing a key barrier to institutional adoption.