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Former SEC Official Warns Quantum Computing Could Challenge Crypto’s Security Foundations
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Former SEC Official Warns Quantum Computing Could Challenge Crypto’s Security Foundations
John Reed Stark, a former official at the U.S. Securities and Exchange Commission (SEC), warned that the rapid advancement of quantum computing poses a critical “ticking clock” problem for the cryptocurrency market. According to the former SEC attorney, progress in this technology threatens to breach the cryptographic pillars that underpin the security of decentralized networks like Bitcoin, creating significant long-term financial risks. To Al…
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