Tuesday, May 27, 2025
Home > News

Quantum Threat to Bitcoin? Google Flags Encryption Risk

Key NotesGoogle researcher reveals quantum computers could break Bitcoin encryption sooner than expected.Bitcoin’s elliptic curve cryptography (ECC) is vulnerable to quantum attacks like Shor’s algorithm.Current quantum hardware isn’t powerful enough yet but progress is rapidly accelerating. Craig Gidney, a Quantum AI researcher at Google, warned that Bitcoin’s encryption faces growing risks

Read More

Ramaswami’s Strive raises $750M for ‘alpha-generating’ Bitcoin buy strategy

Strive, an asset manager founded by American entrepreneur and politician Vivek Ramaswamy, has announced a $750 million raise to establish “alpha-generating” strategies through Bitcoin-related purchases. According to a May 27 announcement, the strategies will include buying undervalued biotech companies, purchasing “distressed Bitcoin claims” like those associated with crypto hacks and

Read More

BlackRock Strategic Income Opportunities Portfolio adds IBIT shares

BlackRock’s in-house portfolio has been quietly accumulating shares of its Bitcoin exchange-traded fund (ETF), underscoring the asset manager’s growing commitment to the cryptocurrency as part of a broader diversification strategy.As of March 31, 2025, the BlackRock Strategic Income Opportunities Portfolio held 2,123,592 shares of the company’s iShares Bitcoin Trust (IBIT),

Read More