Rigetti Computing posts Q1 revenue of $4.4M, nearly triples year over year

Quantum computing's rapid advancements pose an urgent threat to the security of digital assets and financial systems. The post Alex Pruden: Quantum computing threatens elliptic curve cryptography, urgent need for postmodern cryptography, and the Bitcoin community’s philosophical divide | Empire appeared first on Crypto Briefing.

The post Quantum Computing Threat ‘Mostly a Coordination Issue’ for Bitcoin: Fireblocks CEO appeared on BitcoinEthereumNews.com. In brief Fireblocks CEO Michael Shaulov argued that migrating to post-quantum signature schemes is “mostly a coordination issue” for Bitcoin, rather than a technical challenge. Shaulov flagged North Korean hacking attacks as a roadblock to institutional adoption of crypto. Crypto privacy is “the most important and unresolved issue” for Fortune 500 companies seeking to adopt crypto, he said. The threat posed by quantum computing to the cryptographic signature schemes employed by Bitcoin and other cryptocurrencies is “not actually a threat as people make it out to be,” according to Michael Shaulov, CEO of crypto infrastructure provider Fireblocks. Speaking at the Financial Times Digital Asset Summit, Shaulov argued that “the entire internet industry needs to basically leapfrog and start using post-quantum encryption,” adding that, “generally speaking, we have t

Michael Shaulov argued that changing to a post-quantum cryptographic signature scheme is “not a technical challenge” for Bitcoin.

The post AST SpaceMobile (ASTS) Stock Plunges 11% as Q1 Revenue Misses Expectations by Over 60% appeared on BitcoinEthereumNews.com. Key Highlights First-quarter earnings showed a 66-cent per share loss alongside $14.7 million in revenue, falling short of analyst projections calling for a 23-cent loss and $39 million in sales. Despite the quarterly miss, AST SpaceMobile kept its 2026 annual revenue forecast unchanged at $150 million to $200 million. Shares of ASTS declined approximately 11% during Tuesday’s premarket session, trading near $73.10. The satellite company closed the first quarter holding roughly $3.5 billion in cash reserves and more than $1.2 billion in committed revenue contracts. Analysts anticipate the company won’t achieve profitability until 2028, with forecasted revenue reaching $1.6 billion that year. Shares of AST SpaceMobile (ASTS) tumbled approximately 11% during Tuesday’s premarket hours, settling around $73.10, following the release of first-quarter financial

Circle raised $222 million in an ARC token presale led by a16z crypto as Q1 revenue hit $694 million and USDC circulation climbed to $77 billion.

Crypto companies are upgrading wallets to counter the coming quantum computing threat, but gaps remain.

Mike Belshe argued that quantum computing fears around Bitcoin may be influenced by business incentives. Fresh debate around Bitcoin’s long-term security emerged after a warning from post-quantum security firm Project Eleven. Concerns gained traction after the firm’s estimates about a possible “Q-Day” arriving within the next decade. However, BitGo CEO Mike Belshe rejected the claims […] The post BitGo CEO Pushes Back on Claims Quantum Computing Could Threaten BTC by 2030 appeared first on Live Bitcoin News.

Avalanche founder Emin Gün Sirer says Bitcoin’s shrinking miner rewards may pose a bigger risk than quantum computing or rivals.