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Google-linked paper warns quantum computers could crack secp256k1 as Ethereum plans post-quantum shift
A research paper involving Google warns that sufficiently advanced quantum computers could eventually break elliptic-curve cryptography used by major blockchains, adding pressure to Ethereum's post-quantum transition plans. The authors estimate 1,200–1,450 logical qubits could crack secp256k1 within minutes, with an “on-spend” attack window potentially as short as 9–12 minutes. Ethereum’s roadmap is expected to take years as larger signatures and higher compute requirements complicate upgrades and user migrations.
ETH
ETH+2.30%
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Mitsubishi to Use JPMorgan’s BDA Blockchain Platform for Cross-Border Transfers
Mitsubishi Corporation is set to use JPMorgan Chase’s Blockchain Deposit Account (BDA) system to enable near-instant international fund transfers. The company aims to roll out full-scale global transfers by fiscal 2026 after completing test transactions. The setup is designed for 24/7 U.S. dollar movements across subsidiaries and may support transfers of up to $500 million each.
BTC
BTC+0.47%
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Malicious Axios Releases Raise Supply-Chain Risk for Crypto Apps, Socket Says
Malicious versions of Axios, a widely used JavaScript package on npm, were published with a hidden dependency that could expose apps—including crypto projects—to a supply-chain attack. Socket Security said the poisoned releases could be pulled automatically by projects using caret version ranges, and noted Axios has roughly 100 million weekly downloads. Developers were advised to check for axios@1.14.1, axios@0.30.4, and plain-crypto-js@4.2.1 and roll back if found.
BTC
BTC+0.47%
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