{
Cybersecurity Regulations

SubCategory

}
quantum computing poses significant threat to bitcoin security experts warn
The Wall Street Journal has raised concerns about the potential threat of quantum computing to Bitcoin, labeling it a "time bomb" that could compromise its security within a decade. A study suggests that a quantum hack could lead to over $3 trillion in losses across financial markets, with 1.72 million BTC at risk due to exposed public keys. While experts acknowledge the looming threat, they emphasize that there is still time to develop quantum-resistant cryptography to safeguard the crypto industry.
CryptoSlate
Google Inc. USA Emin Gün Sirer Satoshi Nakamoto
Technology & Innovation, News Article
21:15 23.12.2024
solana layer two sonic airdrops tokens to tiktok users for gaming
Solana's layer-2 network, Sonic, plans to airdrop SONIC tokens to TikTok users participating in its social media blockchain game, SonicX. With over 2 million users onboarded without the need for external wallets or gas fees, Sonic aims to leverage TikTok's vast audience, which is projected to exceed 2 billion by 2029. However, similar projects have seen a significant drop in user activity following token distributions, raising concerns about the sustainability of such initiatives.
crypto.news
Solana USD Conor Grogan Laura Shine Mudit Gupta Show more
Technology & Innovation, Social Media Post
20:12 23.12.2024
innovative keevo wallet offers secure crypto management and recovery solutions
The Keevo Wallet is a cutting-edge hardware wallet featuring a unique four-factor authentication system, eliminating the need for a seed phrase. It securely stores private keys in an air-gapped device and includes a Carbon Key for easy restoration. Supporting major cryptocurrencies, Keevo offers both free and premium services, enhancing security and facilitating crypto inheritance.
CoinCodeCap
USA Show more
Technology & Innovation, Blog Post
08:57 23.12.2024
quantum computing advancements may enhance bitcoin security in future
Advancements in quantum computing could enhance Bitcoin's security, despite fears of potential threats to cryptographic encryption. Adam Back, co-founder of Blockstream, suggests that post-quantum signature research will yield more compact signatures, which Bitcoin can adopt. Meanwhile, Google's new quantum chip, Willow, while impressive, is still far from being able to compromise Bitcoin's encryption, requiring a quantum computer with 13 million qubits for effective decryption.
Cointelegraph
Google Inc. Kevin Rosero Hartmut Neven Adam Back Vitalik Buterin Show more
Technology & Innovation, News Article
11:23 22.12.2024
Stargate cross-chain bridge experiences six hour outage due to technical issues
Stargate, a cross-chain bridge on LayerZero, has been offline for over six hours due to a malfunction in its Decentralized Verifier Networks (DVN) executors, causing significant transaction delays. Blockchain security firms PeckShield and ExVul have warned users to refrain from cross-chain transfers, as approximately 29,700 transactions are currently stalled. LayerZero's technical team is actively working to resolve the issue.
Crypto Briefing
LayerZero USD
Technology & Innovation, News Article
16:49 20.12.2024
Chainalysis acquires Hexagate to enhance Web3 security and threat prevention
Chainalysis has acquired Hexagate, a Web3 security firm, to enhance its threat detection and prevention capabilities. Founded in 2022, Hexagate has safeguarded over $1 billion in customer funds for clients like Coinbase and Consensys. This move marks a strategic shift for Chainalysis, focusing on proactive security measures in the evolving digital asset landscape.
Cointelegraph
Coinbase Global, Inc. ISR
Technology & Innovation, Blog Post
19:02 19.12.2024
Palantir stock rises on UBS coverage and army contract extension
Palantir Technologies Inc. saw a 3% stock increase following UBS's initiation of coverage with a Neutral rating and an $80 price target, highlighting strong revenue growth projections for 2025/2026. This uptick coincided with an extended $400.7 million partnership with the U.S. Army, reinforcing investor confidence in Palantir's government contracts despite concerns over its high valuation.
Investing.com
United States Dollar Palantir Technologies Inc. USA Karl Keirstead
Technology & Innovation, Market Report
14:40 19.12.2024
Palantir shares rise on UBS valuation and US Army contract extension
Palantir Technologies Inc. shares rose 3% following UBS's "Neutral" rating and a new price target of $80, alongside a $400.7 million contract extension with the U.S. Army. UBS analyst Karl Keirstead highlighted strong revenue growth forecasts for 2025/2026, although he expressed caution over the company's high valuation metrics. The Army contract reinforces Palantir's role in military data analytics, boosting investor confidence in its future prospects.
Investing.com Deutsch
United States Dollar Palantir Technologies Inc. USA Karl Keirstead
Technology & Innovation, Market Report
14:39 19.12.2024
quantum computing risks bitcoin security requiring extensive protocol updates
Quantum computing advancements pose significant risks to Bitcoin's encryption, potentially requiring up to 305 days for protocol updates to ensure security. This lengthy downtime could lead to economic losses of $912 million and strain the network's already criticized transaction speeds. Experts warn that as quantum technology evolves, the urgency for Bitcoin to adapt grows, highlighting the need for strategies to mitigate these threats while maintaining functionality.
Crypto News Flash
United States Dollar Google Inc. Carlos Perez Delgado
Technology & Innovation, News Article
20:17 18.12.2024
Open Text Corporation Receives Neutral Rating Downgrade from UBS
Open Text Corporation, a Canadian information management software and services provider, offers a comprehensive platform that delivers secure and scalable solutions for enterprises, SMBs, and governments globally. Its integrated portfolio includes various clouds such as Content, Cybersecurity, and AI, enabling organizations to enhance workflows, automate processes, and optimize digital supply chains. Recently, UBS downgraded its view on the company to Neutral.
MarketScreener
Open Text Corporation CAN Show more
Technology & Innovation, Market Report
16:01 17.12.2024
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