☢️ Google says quantum could crack bitcoin in minutes

CoinDesk··4 min read
Crypto/Web3TechnologyFinance
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Google's Quantum AI team warns that quantum computers could break Bitcoin's cryptography in just 9 minutes, particularly targeting Taproot-enabled wallets. FTX distributes $2.2 billion to creditors today while the US Labor Department proposes allowing 401(k) plans to include cryptocurrency investments.

Key Facts

Google warns quantum computers could crack Bitcoin in 9 minutes by exploiting Taproot wallets with just 1,200-1,450 qubits
FTX distributes $2.2 billion to creditors today in the largest single payout from the bankrupt exchange to date
U.S. Labor Department proposes rule allowing 401(k) plans to include cryptocurrency, reversing Biden-era guidance against crypto in retirement accounts

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