Blockchain

Dynex Targets 25% Market Share in Quantum Computing by 2034

Dynex has announced a 10-year plan to transition from GPU emulation to silicon quantum chips, aiming for 25% market share by 2034. The strategy includes the launch of the Apollo Silicon Quantum Chip in 2025, scaling to 1 million qubits over the decade. A $50 million venture capital round will support the company’s growth and partnerships across industries.

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Study Indicates Quantum Attack on Cryptocurrency Could Reek a 99.2% Collapse in Value?

Everyone was stunned when the new mayor of New York City Eric Adams announced he was planning to receive his first three paychecks in Bitcoin, the cryptocurrency that’s been dominating the financial headlines for the past year. The mayor of Miami, Francis Suarez, had already announced he would accept his first paycheck 100% in Bitcoin. The mayoral announcements are still more signs that cryptocurrencies are no longer esoteric investments for the super-rich (or super-crooks) but have entered the financial mainstream. Back in May Deutsche Bank pronounced Bitcoin the third biggest world currency in terms of circulation. Only the euro and the U.S. dollar are bigger.

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Quantum Threat to Blockchain Addressed by Cambridge Quantum, Tec de Monterrey and IDB Lab

The Inter-American Development Bank and its innovation laboratory, IDB Lab, together with Cambridge Quantum (CQ) and Tecnológico de Monterrey have identified and resolved potential threats to blockchain networks posed by the advent of quantum computer development. In response to these threats, the project team developed a cryptographic layer that allows blockchain networks to protect themselves from this new generation of computing technologies.

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