On June 20, Michael Dell, the Chief Executive Officer of Dell, the American technology company known for developing, selling, repairing, and supporting computers and related products and services, shared his thoughts on bitcoin via the social media platform X. This interaction began with a response from Michael Saylor, the founder of Microstrategy. Dell CEO Michael…
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Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital signatures, compromising user assets on blockchain platforms. To mitigate these risks, Sala emphasizes the need to transition to quantum-resistant cryptographic systems. He…
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As the prospect of quantum computers breaking today’s cybersecurity standards edges ever closer, Johann Polecsak, co-founder of the QAN blockchain platform, argues that public blockchains such as Bitcoin, Ethereum, and Solana are still ill-equipped to adopt post-quantum cryptography without significant user impact. Post-Quantum Migration Risks Polecsak, an advocate for heightened awareness of imminent quantum attacks,…
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In three days, the World Economic Forum (WEF) Annual Meeting will convene on Jan. 15-19, and much of the world’s elite will be in Davos for the event. Before the meeting, the WEF published the 19th annual edition of the Global Risks Report, which highlights the risks of disinformation, and the impact of advancements in…
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Experts predict the global quantum computing sector will have grown from about $930 million in 2023 to $6.5 billion by 2030, but some global markets may be better poised for growth than others. IBM announced the completed installation of a 127-qubit quantum computing system at the University of Tokyo on Nov. 27. According to the…
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Quantum Blockchain Technologies (QBT), a research firm hailing from the U.K., purports to have spearheaded a revolutionary leap in bitcoin mining tech. They’ve unveiled certain methods that reportedly enhance the chances of pinpointing a winning hash. One such strategy, dubbed “Method B,” asserts it elevates the likelihood by a remarkable 260% compared to traditional mining…
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In recent times, attention has gravitated towards a novel substance known as LK-99, celebrated as a potential wonder superconductor with the capability to usher in an era of lossless power transmission, more potent computers, and stronger magnets. Yet, as scientists have been laboring to replicate the LK-99 experiment up until August 5, 2023, the academic…
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Alongside G42, Cerebras aims to expand the supercomputer, with plans to establish 36 exaflops of AI computing in the coming year. Cerebras Systems has announced a deal worth around $100 million with G42, a technology group based in the United Arab Emirates (UAE). The agreement entails providing the initial installment of an artificial intelligence (AI)…
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The research represents a possible breakthrough in quantum communications and, potentially, the onset of the era of quantum fintech. The dream of a completely secure, unhackable, absolutely private digital payment system could soon be realized thanks to new research out of the University of Vienna. In a paper published on July 4 titled “Demonstration of…
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It’s unclear at this time what access the U.K. will receive, but the reported commitment could be the first of its kind. British Prime Minister Rishi Sunak recently announced that Google DeepMind, OpenAI and Anthropic — three tech outfits widely considered the global industry leaders in generative artificial intelligence (AI) technologies — have agreed to…
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