Shor's algorithm

Galaxy Digital is investing $5 million into a multi-pillar initiative to protect the Bitcoin network from quantum computing attacks. The program focuses on developer grants, academic research, and advisory leadership to prepare for the eventual arrival of cryptographically relevant quantum computers.

Researchers at Google recently discovered a way to break 256-bit ECC encryption with much lower qubit counts than expected, but withheld their exact method using zero-knowledge proofs. The startup Eigen Labs successfully bypassed this secrecy by using AI agents and crowdsourcing to develop an even more efficient attack circuit.

Tech giants are moving up their quantum-safe security deadlines to 2029 to combat the accelerating threat of quantum decryption. Organizations are urged to begin cryptographic inventories and implement crypto-agility immediately to protect against 'harvest now, decrypt later' attacks.