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BTC $63,414.59 +0.53%
ETH $1,899.92 +0.98%
BNB $604.60 -0.13%
XRP $1.00 +0.08%
SOL $75.47 +0.00%
TRX $0.3322 +0.40%
DOGE $0.0701 +0.51%
ADA $0.1769 +0.15%
BCH $204.55 +0.72%
LINK $9.47 +1.28%
HYPE $58.92 +3.45%
AAVE $86.79 +0.63%
SUI $0.6773 +0.27%
XLM $0.1582 +0.95%
ZEC $492.81 +1.33%

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Jim Cramer said he will liquidate his Bitcoin holdings, concerned about the threat of quantum computing to its security

Former hedge fund manager and CNBC host Jim Cramer stated that due to concerns about quantum computing threatening Bitcoin's security, he plans to sell all of his BTC holdings. His statement stems from an interview with IBM Chairman and CEO Arvind Krishna, who said that investors should be wary of the challenges quantum computing may pose to modern cryptography in the next 3 to 4 years. Cramer believes that quantum computing could threaten the Bitcoin network in a similar timeframe. However, no one has independently confirmed how much BTC he holds or whether he has completed the sale.After his statement, Bitcoin continued to trade normally around $63,764, with some market participants viewing his comments as a "reverse Cramer" signal. Bitcoin uses the ECDSA signature mechanism based on the secp256k1 curve, and theoretically, a sufficiently powerful quantum computer could use Shor's algorithm to derive the private key from the public key. The risk is mainly concentrated on addresses with exposed public keys, including reused addresses, early wallet formats, and the brief time window after a transaction is broadcast but not yet confirmed. Researchers estimate that about 6 to 7 million BTC, accounting for approximately 30% of the supply, may fall into this category. Google Quantum AI estimated in March this year that breaking the relevant cryptographic mechanisms could require fewer than 500,000 physical qubits, reducing the previous estimate by about 20 times. However, current quantum systems typically only have hundreds to thousands of physical qubits, with even fewer logical qubits that have higher reliability. Most researchers expect that truly capable quantum computers for cryptographic breaking may not appear until the 2030s or even 2040s, making Cramer's 3-year prediction significantly earlier than most technological expectations.

BitGo CEO deposits 100 BTC to challenge Anthropic: testing whether AI can crack multi-signature custody

Bitgo CEO Mike Belshe deposited 100 BTC into a public Bitcoin address, valued at approximately $6.3 million at the time, and invited the Claude model under Anthropic to attempt to transfer the funds from that address. On-chain records show that the wallet received the funds on July 31, and the balance has not been transferred out.Anthropic previously disclosed that during 141,006 cybersecurity assessment runs, 3 incidents were found, with 6 assessment sessions involving 3 models unexpectedly interacting with real organizational systems. The relevant models include Claude Opus 4.7, Claude Mythos 5, and an unpublished internal research model, due to configuration errors by third-party testing partner Irregular that caused the testing environment to connect to the internet.Anthropic stated that Claude Opus 4.7 identified a real website sharing the same name as a simulated company during one assessment, exploited weak passwords and exposed services to recover infrastructure credentials, and accessed a production database containing hundreds of records. The company claimed that the model was attempting to complete assigned tasks and was not actively breaking restrictions or pursuing independent goals. Belshe's challenge involved the Bitgo institutional custody platform, which uses multi-signature or multi-party computation technology to distribute signing authority across multiple independent keys. Anthropic has not publicly responded to this challenge.
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