285 millions de dollars volés, 0 adresses USDC gelées - Actu Crypto 🗞️
This summary covers recent developments in the crypto world, starting with the impact of quantum computing, moving to the role of artificial intelligence in security, detailing a significant hack on the Drift protocol, discussing the European Central Bank’s views on the digital euro, and concluding with news about a new European stablecoin and an upcoming on-chain IPO.
Google recently published a paper on quantum computing, indicating a continued trend of decreasing qubit requirements to break modern encryption. While quantum computers are still primitive, algorithmic advancements mean that what was once estimated to be a threat by 2035 could now arrive as early as 2029. The hardware requirements for achieving significant results are diminishing and could align with hardware performance before the end of the decade. It's crucial to remember that this is an estimate, and cryptocurrencies are not the only potential victims. All widely used encryption algorithms are vulnerable. While the rising price of crypto makes it an attractive target for malicious entities with quantum capabilities, banks, state infrastructures, commercial sites, and email providers are also at risk. The only entities that will be spared are those that proactively adopt quantum-resistant algorithms. The decentralized nature of cryptocurrencies complicates this transition, as updating encryption algorithms takes a long time, and old addresses, like those belonging to Satoshi, would remain vulnerable. Therefore, addressing this issue before "D-day" is essential for the long-term survival of the crypto ecosystem. Some networks are already working on solutions, but their timely success remains uncertain. In the United States, preparations are underway; Trump's cyber strategy manifesto, published a month ago, mentioned promoting post-quantum cryptography and quantum computing. This highlights that post-quantum cryptography is a serious consideration, not just a fringe idea.
