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13:18
Citi: Quantum computing breakthroughs are accelerating, Bitcoin faces significant quantum risks
ChainCatcher news, Citibank stated in its latest report that quantum computing technology is advancing faster than the market expects, rapidly accelerating the potential security risks faced by cryptocurrencies and internet infrastructure, with Bitcoin considered one of the assets with the greatest risk exposure. The report notes that the ECDSA elliptic curve encryption system currently used by Bitcoin could, in theory, be broken by a sufficiently powerful quantum computer. In the future, attackers may be able to derive private keys from publicly available public keys, enabling them to forge transactions and steal assets. Citi analyst Alex Saunders explained that, due to Bitcoin’s relatively conservative governance mechanism and slow protocol upgrade speed, it is more difficult for Bitcoin to quickly complete a quantum-resistant upgrade compared to PoS networks like Ethereum. The report estimates that around 6.5 million to 6.9 million BTC face potential quantum risks because their public keys have been exposed, accounting for about one-third of the current circulating supply and valued at roughly $450 billion at present prices. This includes some early P2PK addresses and wallets believed to belong to Satoshi Nakamoto. Citi also warns of the “Harvest Now, Decrypt Later” risk, meaning attackers may collect encrypted data now and decrypt it once quantum computing power matures in the future. However, Citi remains optimistic about the long-term adaptability of the crypto industry, believing that blockchains can still migrate through post-quantum cryptography and protocol restructuring. The report mentions that upgrade proposals BIP-360 and BIP-361, currently being discussed by the Bitcoin community, warrant attention.
13:18
According to a document submitted to the SEC, RideNow Group Inc.'s credit commitment has been increased.
Under the Polaris inventory financing arrangement, its credit limit has been significantly increased from the original $74.7 million to $108 million. This adjustment has markedly enhanced the company's financial flexibility and operating capital support, providing a more solid backing for its business expansion. Inventory financing is typically used by dealers to purchase inventory, and an increase in the limit often indicates business growth needs or greater confidence from financing parties. For investors concerned about the company's financial condition, this change is a positive signal and may indicate more active business activities in the future.
13:17
DoubleVerify Holdings, Inc. has launched AI-powered content-level control features on Meta's Threads platform, aiming to significantly enhance brand safety capabilities.
The new feature leverages advanced artificial intelligence technology to provide advertisers with more refined content control options, ensuring that brand messages appear in safe and appropriate contexts. Through real-time content analysis, the system can identify and avoid potential risks, thereby protecting brand image and value. This initiative marks another significant advancement in the field of brand safety technology, especially in the rapidly evolving social media environment. As the digital advertising ecosystem becomes increasingly complex, brands' demands for content safety and precise targeting continue to grow, and such innovative solutions will help advertisers manage their online reputation more effectively. DoubleVerify's expansion of this functionality is expected to further enhance its market position in the brand safety and media quality verification sector, providing advertisers with solid protection for their marketing activities on emerging social platforms such as Threads.
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