🚀 Tokenized Precious Metals Market Surpasses $1 Billion
#TokenizedPreciousMetals #XAUT #PAXG #GoldNFTs #Stablecoins #Cryptocurrency #FinancialInstitutions #PostQuantumCryptography
According to Odaily, the market for tokenized precious metals has exceeded the $1 billion mark. Key contributors to this growth include Tether's XAUT, whose market value increased from $384 million to $491 million, making it one of the primary driving forces. Meanwhile, Paxos' PAXG remains the largest product in this sector.
Global financial institutions like HSBC are not only offering tokenized gold to retail investors but are also supporting technological advancements. These advancements include the development of post-quantum cryptography for tokenized gold. Additionally, further experiments are underway, led by gold NFTs and stablecoins backed by tokenized gold.#TokenizedPreciousMetals #XAUT #PAXG #GoldNFTs #Stablecoins #Cryptocurrency #FinancialInstitutions #PostQuantumCryptography
🚀 Ethereum Foundation Backs New Research Group ZKnox
#Ethereum #EthereumFoundation #ZKnox #PostQuantumCryptography #Security #Efficiency #NTT #SignatureVerification #ETH
According to BlockBeats, on March 4, the Ethereum Foundation announced the establishment of a new research organization named ZKnox. This initiative aims to enhance the security and efficiency of the Ethereum network. ZKnox will focus on post-quantum cryptography and has optimized the implementation of the Number Theoretic Transform (NTT) to improve the computational efficiency of post-quantum signature verification.#Ethereum #EthereumFoundation #ZKnox #PostQuantumCryptography #Security #Efficiency #NTT #SignatureVerification #ETH
🚀 Vitalik Buterin Predicts Quantum Computing Threat to Cryptography by 2030
#VitalikButerin #QuantumComputing #Cryptography #PostQuantumCryptography #QuantumThreat #Security #Blockchain #Ethereum #PANews #2030
According to PANews, Ethereum co-founder Vitalik Buterin has stated that there is a 20% chance that quantum computers could break modern cryptography by the end of 2030. This prediction highlights the potential risks posed by advancements in quantum computing technology to current cryptographic systems.#VitalikButerin #QuantumComputing #Cryptography #PostQuantumCryptography #QuantumThreat #Security #Blockchain #Ethereum #PANews #2030
🚀 SEC Designates Naoris Protocol as Reference Model for Post-Quantum Cryptography Transition
#SEC #NaorisProtocol #PostQuantumCryptography #Cybersecurity #Blockchain #PQFIF #QuantumComputing #USRegulation #DigitalAssets #NIST
According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) has officially designated Naoris Protocol as a reference model for the financial industry's transition to post-quantum cryptography within the Post-Quantum Financial Infrastructure Framework (PQFIF). This strategic document, submitted to the U.S. Crypto Asset Task Force, places Naoris Protocol at the forefront of U.S. cybersecurity regulatory priorities.
The release of this strategic document comes amid the rise of quantum computing, which poses a significant threat to the protection of digital assets. By 2034, the probability of quantum computers breaking the RSA-2048 algorithm is estimated to be between 17% and 34%, potentially endangering trillions of dollars in digital assets. The PQFIF references Naoris Protocol three times.
Naoris Protocol stands out with its "Sub-Zero Layer" architecture, which enables the integration of post-quantum cryptography into existing EVM blockchains without requiring hard forks or interruptions. Its approach utilizes NIST-approved algorithms (ML-KEM, ML-DSA, SLH-DSA) to safeguard blockchain infrastructure.#SEC #NaorisProtocol #PostQuantumCryptography #Cybersecurity #Blockchain #PQFIF #QuantumComputing #USRegulation #DigitalAssets #NIST
🚀 Cardano Founder Downplays Quantum Computing Threat to Blockchain
#Cardano #CharlesHoskinson #QuantumComputing #Blockchain #QuantumResistance #PostQuantumCryptography #NIST #DARPA #QuantumBlockchain #Cryptography #BlockchainTechnology #ADA
According to ChainCatcher, Cardano founder Charles Hoskinson has stated that the threat posed by quantum computing to blockchain technology is overstated and not an immediate concern. He emphasized that while the industry knows how to build quantum-resistant systems, these protocols are significantly slower and more costly, deterring networks from sacrificing throughput.
Hoskinson mentioned that until the National Institute of Standards and Technology (NIST) establishes post-quantum cryptography standards (FIPS 203-206), the industry cannot hastily adopt algorithms that might become obsolete. He referenced the U.S. Defense Advanced Research Projects Agency's (DARPA) Quantum Blockchain Initiative, which is assessing the feasibility of scalable practical quantum computers by 2033, with significant quantum challenges expected to emerge in the 2030s.#Cardano #CharlesHoskinson #QuantumComputing #Blockchain #QuantumResistance #PostQuantumCryptography #NIST #DARPA #QuantumBlockchain #Cryptography #BlockchainTechnology #ADA
🚀 Grayscale Predicts Minimal Impact of Quantum Computing on 2026 Crypto Market
#Grayscale #quantumcomputing #cryptocurrency #2026 #digitalassets #security #Bitcoin #postquantumcryptography #marketimpact #BTC
According to Odaily, Grayscale's latest report, titled '2026 Digital Asset Outlook,' suggests that while quantum computing poses long-term security challenges, it is unlikely to significantly affect cryptocurrency market prices in 2026. The asset management firm describes the quantum threat as a 'false alarm' for the coming year, acknowledging its reality but deeming it improbable to impact market valuations in the short term. The report cites estimates indicating that quantum systems capable of breaking Bitcoin cryptography might emerge by 2030. Grayscale analysts emphasize that research and preparations for post-quantum cryptography will continue, but they do not foresee this issue affecting valuations within the next year.#Grayscale #quantumcomputing #cryptocurrency #2026 #digitalassets #security #Bitcoin #postquantumcryptography #marketimpact #BTC
🚀 BTQ Technologies Joins VanEck's Quantum Computing ETF
#BTQTechnologies #VanEck #QuantumComputingETF #PostQuantumCryptography #BitcoinQuantum #QuantumComputing #ETF #QuantumResistant #MarketVector #UCITS #BTC
According to Odaily, BTQ Technologies Corp., a company specializing in post-quantum cryptography, has been included in VanEck's Quantum Computing UCITS ETF. This ETF, listed in Europe, offers diversified investment exposure to companies involved in the research, development, and application of quantum computing. It aims to track the MarketVector Global Quantum Leaders Total Return Net Index (MVQTMLTR), which comprises 30 companies selected for their quantum computing operations or verified quantum patent ownership, with a total net asset value of approximately $524.5 million.
Previously, BTQ Technologies launched the 'Bitcoin Quantum' testnet, allowing miners, developers, researchers, and users to conduct stress tests on quantum-resistant transactions.#BTQTechnologies #VanEck #QuantumComputingETF #PostQuantumCryptography #BitcoinQuantum #QuantumComputing #ETF #QuantumResistant #MarketVector #UCITS #BTC
🚀 Ethereum Developers Discuss Enhancements for Hegota Upgrade
#Ethereum #developers #HegotaUpgrade #censorshipResistance #quantumComputing #FOCIL #encryptedMempools #frontRunning #postQuantumCryptography #VitalikButerin #accountAbstraction #ETH
Ethereum developers are actively discussing significant features for the forthcoming Hegota upgrade, aiming to bolster censorship resistance and address quantum computing challenges. According to NS3.AI, proposals under consideration include fork-choice inclusion lists (FOCIL) designed to prevent transaction censorship, encrypted mempools to mitigate front-running, and frame transactions to ensure post-quantum cryptographic security. Ethereum co-founder Vitalik Buterin has expressed support for the quantum-resistant account abstraction proposal, highlighting its crucial role in securing Ethereum's future.#Ethereum #developers #HegotaUpgrade #censorshipResistance #quantumComputing #FOCIL #encryptedMempools #frontRunning #postQuantumCryptography #VitalikButerin #accountAbstraction #ETH
🚀 Hong Kong Monetary Authority Unveils Fintech Promotion Blueprint
#HongKongMonetaryAuthority #FintechPromotion #BankingSector #PostQuantumCryptography #AI #DistributedLedgerTechnology #Cybersecurity #Fintech #BankingInnovation #QualificationDevelopment
The Hong Kong Monetary Authority has announced the release of a fintech promotion blueprint, which includes four flagship projects. According to Odaily, the initiatives aim to enhance the banking sector's capabilities in various technological areas.
The first project, the Quantum Readiness Index, will assess the banking industry's preparedness in the field of post-quantum cryptography (PQC). The second initiative involves a new risk data strategy designed to leverage the potential of AI and distributed ledger technology (DLT) for advanced applications, thereby strengthening data management capabilities in the banking sector.
The third project focuses on establishing a fintech cybersecurity benchmark, concentrating on the application of emerging technologies like AI and DLT. This aims to provide clear security guidelines for collaborations between fintech companies and banks.
Lastly, the blueprint includes a qualification development support initiative, which will help professionals better understand the skills required to integrate AI and DLT into the next generation of financial products and services.#HongKongMonetaryAuthority #FintechPromotion #BankingSector #PostQuantumCryptography #AI #DistributedLedgerTechnology #Cybersecurity #Fintech #BankingInnovation #QualificationDevelopment
🚀 Ethereum Foundation Unveils 'Strawmap' Roadmap with Five Key Objectives
#EthereumFoundation #Strawmap #Layer1 #zkEVM #transactionspersecond #Layer2 #dataavailabilitysampling #postquantumcryptography #L1privacy #shieldedETH #scalability #security #privacy #ETH
The Ethereum Foundation has introduced a new roadmap, termed 'Strawmap,' which outlines five primary goals for the network's development. According to BWEnews, the objectives include achieving fast Layer 1 (L1) finality and creating a 'gigagas' L1 capable of processing 10,000 transactions per second (TPS) through zkEVMs. Additionally, the roadmap aims to establish a 'teragas' Layer 2 (L2) using data availability sampling, implement post-quantum cryptography, and provide native L1 privacy for shielded Ethereum (ETH) transfers. These initiatives are designed to enhance the scalability, security, and privacy of the Ethereum network, positioning it for future technological advancements.#EthereumFoundation #Strawmap #Layer1 #zkEVM #transactionspersecond #Layer2 #dataavailabilitysampling #postquantumcryptography #L1privacy #shieldedETH #scalability #security #privacy #ETH
🚀 Google Plans Transition to Post-Quantum Cryptography by 2029
#Google #PostQuantumCryptography #QuantumComputing #Cybersecurity #Bitcoin #Cryptography #QuantumAttack #BIP360 #BTC
Google has announced its intention to shift its entire infrastructure to post-quantum cryptography by 2029. According to NS3.AI, this decision is driven by advancements in quantum hardware, error correction, and factorization resource estimates. Project Eleven has highlighted concerns that over 6.8 million Bitcoin could be susceptible to quantum attacks. In response, developers are exploring quantum-resistant addresses through BIP 360.#Google #PostQuantumCryptography #QuantumComputing #Cybersecurity #Bitcoin #Cryptography #QuantumAttack #BIP360 #BTC
🚀 Google Sets 2029 Deadline for Post-Quantum Cryptography Transition
#Google #PostQuantumCryptography #Deadline2029 #Blockchain #EllipticCurve #Android17 #Chrome #GoogleCloud #Ethereum #Bitcoin #CryptographyTransition #HardFork #DeveloperNetwork #BTC #ETH
Google has announced a 2029 deadline to transition its authentication services to post-quantum cryptography. According to NS3.AI, this move has intensified scrutiny on blockchains that continue to depend on elliptic-curve signatures. Android 17, Chrome, and Google Cloud have already implemented or support post-quantum protections. Ethereum has outlined an eight-year roadmap featuring weekly developer networks and four hard-fork milestones. In contrast, Bitcoin has yet to establish a coordinated migration plan.#Google #PostQuantumCryptography #Deadline2029 #Blockchain #EllipticCurve #Android17 #Chrome #GoogleCloud #Ethereum #Bitcoin #CryptographyTransition #HardFork #DeveloperNetwork #BTC #ETH
🚀 Google Plans Post-Quantum Cryptography Transition by 2029
#Google #PostQuantumCryptography #PQC #QuantumComputers #Encryption #DigitalSignatures #Cryptography #QuantumThreats #Authentication #Cybersecurity
Google has announced its intention to complete the transition to post-quantum cryptography (PQC) by 2029. According to Foresight News, this move aims to address the potential threats posed by future quantum computers to current encryption standards.
Google highlighted that quantum computers could significantly undermine existing encryption methods, particularly affecting encryption and digital signatures. The threat to encryption is already evident through attacks such as 'store now, decrypt later,' while digital signatures face future risks that need to be addressed before the deployment of cryptography-related quantum computers (CRQC).
In response, Google has adjusted its threat model to prioritize the migration of authentication services to PQC. The company recommends that other engineering teams adopt similar strategies to safeguard against these emerging threats.#Google #PostQuantumCryptography #PQC #QuantumComputers #Encryption #DigitalSignatures #Cryptography #QuantumThreats #Authentication #Cybersecurity