Quantum computing cryptography stories

Jul 21, 2026

Bitcoin Industry Mobilizes on Quantum Computing Threat with New Cryptographic Solutions and Funding Initiatives

Project Eleven unveiled an unaudited post-quantum zero-knowledge proof prototype designed to verify Bitcoin wallet ownership after Q-Day. Separately, Galaxy launched a quantum-readiness initiative on July 21 that includes up to $5 million in developer grants and a Quantum Advisory Council. Project Eleven's announcement came around the 16th anniversary of Satoshi Nakamoto's July 2010 forum post discussing a possible cryptographic upgrade path.

Jul 21, 20268 sources

May 24, 2026

Quantum computing threat to Bitcoin accelerates as AI advances, Stanford cryptographer warns against rushed fixes

Security experts warn that artificial intelligence is accelerating the quantum computing threat to cryptocurrencies like Bitcoin, while Stanford cryptographer Dan Boneh cautions that a rushed post-quantum migration could cause worse failures than the threat itself. The concerns come as interest in vulnerable early Bitcoin holdings, including Satoshi Nakamoto's coins, intensifies.

May 24, 20263 sources