Tetherโs latest report highlights a major milestone with 109 million onchain wallets holding USDT as of Q4 2024, making it one of the most widely held digital assets, surpassing BTC holders and nearing ETH 128 million wallets.
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Philip Banksโ account was potentially compromised, declaring IP rights to the ChillGuy token team, causing a 30% price surge followed by a loss amid growing security concerns.
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Key points:
โข The article highlights how certain BTC address types, particularly older legacy formats like P2PK, are more vulnerable to quantum attacks due to their exposure of public keys, lacking the extra hashing layers present in newer address formats.
โข The panel explored how Shorโs and Groverโs algorithms could enable quantum computers to break into Bitcoinโs ECC and SHA256 hash functions.
โข Opinions differed on the immediacy of the quantum threat, with experts like Adam Back expressing skepticism about rapid advancements in quantum computing.
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