'No Need to Panic': Binance Founder Says Crypto Can Survive Quantum Computing Threat by Upgrading

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'No longer a drill': Google’s latest quantum breakthrough sparks fresh debate over Bitcoin’s long-term security - The Block Breaking Bitcoin's blockchain with quantum computers may not be as difficult as once thought, and Bitcoins Taproot technology, which enables more efficient, private transactions, may be partly to bla… [+3381 chars] Google researchers sent a wake-up call to the cryptocurrency industry Tuesday, saying quantum machines will require fewer resources in the future to break classical cryptography such as those securin… [+2316 chars] GOOGLE SAYS BREAKING BITCOIN IS EASIER THAN PREVIOUSLY THOUGHT: Breaking the Bitcoin blockchain with quantum computers may not be as difficult as once thought, and Bitcoins Taproot technology, which … [+10731 chars] Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Binance founder Changpeng Zhao has pushed back against growing anxiety over quantum computing's threat to digital assets, saying that the danger is currently being overstated. Zhao's comments follow recent research from Google's Quantum AI team suggesting that future quantum computers could break widely used encryption far faster than previously estimated.