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Europol is sounding the alarm on quantum computing's threat to cryptocurrency, calling crypto wallets the primary risk in a new security warning to EU member states. The agency expects blockchain networks to adapt their encryption before quantum machines become powerful enough to crack the keys protecting digital assets — and a separate report raises an even more unsettling scenario: that bad actors are already harvesting encrypted data today, planning to decode it once the technology matures.
That warning lands as bitcoin itself is showing signs of strain. Prices retreated below eighty-four thousand dollars, and a fresh wave of market turbulence tied to rising oil prices — following attacks on Iranian tankers — pushed liquidations to five hundred forty-seven million dollars in a single stretch. The latest data shows bitcoin's most recent yearly buyer cohort is still underwater, meaning millions of investors are waiting just to break even.
And in a story that raises real questions about government accountability, Wired is reporting that a mysterious nonprofit connected to SpaceX and xAI's top lawyer has been quietly paying the salaries of workers inside federal agencies — operating as something of an unofficial successor to DOGE, with little public transparency about its funding or mandate.
That's the landscape today. Keep surfing. Tech Beat out.
