Quantum Computing Group Launches 1 BTC Challenge to Break Bitcoin Encryption
Project Eleven, a quantum computing research organization, has announced the Q-Day Prize—a global challenge offering 1 Bitcoin (BTC) to the first team that successfully breaks an elliptic curve cryptographic (ECC) key using Shor’s algorithm on a quantum computer. The initiative aims to highlight the potential threat that quantum computing poses to Bitcoin’s current security framework. Over 10 million Bitcoin addresses could be at risk if ECC encryption is compromised. Proposed mitigation strategies, including the Quantum-Resistant Address Migration Protocol and Coarse-Grained Boson Sampling, would require a hard fork of the Bitcoin network. #Bitcoin #QuantumComputing #CryptographicKey #BTC #CryptoNews
Crypto Daybook Americas: Bitcoin Drop Deepens as U.S.-China Trade War Escalates
Crypto Crash: Trade War Tanks Markets 📉 📅 April 16, 2025
Crypto markets are plunging as U.S.-China trade tensions flare up.
📉 Market Snapshot #Bitcoin slips below $80K #Ethereum near $2K (lowest since 2023) #Altcoins like #ADA, #SOL, and #XRP down 20%+ this week Total #CryptoMarketCap drops 18% to $2.75T — lowest since Oct '24
🌍 Trade War Fallout #USTariffs up to 145% on Chinese goods #China strikes back with 125% tariffs + rare earth export halt Investors flee to safe havens — ~$2T wiped from #Equities and #Crypto
📉 Sentiment & Liquidations Market panic sets in. $2.2B in liquidations (mostly longs) on Feb 3 All eyes on the #WhiteHouseCryptoSummit this Friday
#cogresstradingban TRUMP CALLS FOR CONGRESS TRADING BAN! No Stocks. No Crypto. Total Ban on Lawmaker Trading? Push for Fair Markets & Transparency Gains Momentum Are Politicians Profiting Off Power? Public Trust at Stake! System Crash Coming—or Game-Changer Move? Debate Ignites: Should Elected Officials Be Banned from Trading?
Major Announcement: Changpeng Zhao (CZ), founder of Binance, has officially been appointed as the Strategic Adviser to the Pakistan Crypto Council. This bold move taps into CZ’s global expertise to accelerate Pakistan’s digital finance and blockchain transformation. What to know: • Role: CZ will guide regulation, infrastructure, education, and adoption—building a secure, compliant crypto ecosystem. • National Vision: Pakistan is positioning itself as a regional powerhouse for digital finance, with CZ playing a key role. • The Council: Formed under the Finance Division, the Pakistan Crypto Council leads this initiative with CZ’s strategic input. The appointment was announced in a high-level meeting with top government leaders, including the Finance Minister, SECP Chairman, SBP Governor, and Federal Secretaries for Law & IT. The future of blockchain in Pakistan just got a serious upgrade. #CryptoPakistan #CZ #DigitalFinance #pakistancryptocouncil #DigitalTransformation