putin

The Huobi HTX VIP private class "AI + Trading from Theory to Practice" was held in Shanghai, where early Bitcoin miner and pyra.io CTO Tian Jia shared the development of quantum computing and the impact of AI on trading.He believes that the average time it takes to threaten "Bitcoin addresses with exposed public keys" is 7 to 8 years, with a range of 5 to 15 years. The required number of logical qubits is between 1200 and 2400, while the number of physical qubits is less than 500,000. Additionally, Bitcoin also has defensive measures; it can migrate to PQC, or post-quantum cryptography, although there are significant challenges, such as the locking issue of Satoshi's coin.

Axe Compute (NASDAQ: AGPU) announced that the underlying infrastructure provider for its $260 million enterprise-level contract is the global distributed GPU infrastructure Aethir. It is reported that Axe Compute has confirmed receipt of the first payment of $43 million under the contract, and Aethir has officially initiated the computing power delivery process for the corresponding cluster of 2,304 NVIDIA B300 GPUs, with a target launch time in the third quarter of 2026. The contract has a 36-month fixed payment structure, and it is expected to generate approximately $21 million in revenue each quarter after launch.

ZeroTier CEO Andrew Gault stated that the potential threat of quantum computing to the Bitcoin industry may not be limited to the security of wallet private keys; encrypted communication and authentication data between institutions also face long-term risks.

According to Bloomberg, quantum computing company Quantinuum Inc. is seeking to raise $1.05 billion through its initial public offering (IPO) in the U.S., leveraging current investor enthusiasm for quantum computing technology to drive the listing process.According to documents the company submitted to the U.S. Securities and Exchange Commission (SEC) on Tuesday, Quantinuum plans to issue approximately 21 million shares at a price of $45 to $50 per share. Based on the upper limit of the issuance range and the number of shares disclosed in the documents, Quantinuum's market capitalization would reach approximately $12.7 billion. The company, supported by Honeywell International Inc., is one of the most closely watched firms in the current quantum computing field.

According to CoinDesk, several researchers in the fields of post-quantum cryptography and blockchain security have stated that AI is accelerating the development of quantum computing and forcing the encryption industry to reassess the reliability of existing security systems.Project Eleven CEO Alex Pruden pointed out that researchers are using machine learning to optimize quantum error correction—one of the biggest engineering bottlenecks in the field of quantum computing. NEAR Protocol co-founder and former Google AI researcher Illia Polosukhin warned that the "harvest now, decrypt later" strategy has become a real threat, where attackers collect encrypted traffic now and decrypt it later when quantum computers mature, "this is likely already happening."Since most blockchain networks rely on the same elliptic curve cryptography as the internet, once quantum computers become powerful enough, they could theoretically derive private keys from public keys, thereby compromising wallets and systems. Researchers noted that the combination of AI and quantum computing is creating a continuous arms race in security, where security measures will no longer be static infrastructure but must continuously evolve and upgrade. Currently, multiple blockchain ecosystems such as Ethereum, Solana, and NEAR are actively promoting post-quantum cryptography migration solutions.

According to Decrypt, research published by Glassnode shows that nearly one-third of circulating Bitcoin has exposed public keys, theoretically making it vulnerable to future quantum computer attacks. Specifically, about 6.04 million Bitcoins worth over $46.9 billion are at quantum risk. Among these, approximately 1.92 million are structurally exposed, originating from early "pay-to-public-key" addresses, multi-signature structures, and Taproot outputs, which are script formats that default to exposing public keys.About 4.12 million are operationally exposed, stemming from address reuse behavior. Among the Bitcoins with operational exposure, approximately 1.66 million are related to exchanges, accounting for 8.3% of the total supply and about 40% of all operationally exposed Bitcoins. From the holdings of major exchanges, only 5% of Coinbase's Bitcoins are exposed to quantum risk, while Binance and Bitfinex have exposure rates of 85% and 100%, respectively. Glassnode states that this result should not be interpreted as a risk ranking of specific companies or a signal of solvency.

According to The Wall Street Journal, the U.S. Department of Commerce announced a total of $2 billion in government subsidies to nine quantum computing companies, including IBM, and will acquire equity in the related transactions. This move aims to accelerate the cultivation of the emerging quantum computing industry and promote the development of more stable and scalable quantum computing systems. The report states that this round of funding is part of the Trump administration's plan to maintain the U.S. competitive advantage in the field of frontier computing and to initiate a "new era of technological innovation."

Elon Musk posted on X that, as demonstrated by the recent expanded partnership with Anthropic, SpaceX is providing "AI compute as a service" at a significant scale.SpaceX is also in discussions for similar collaborations with other companies. Over time, especially with the gradual implementation of orbital data centers, SpaceX is expected to be able to provide services for AI at a massive scale.Earlier this month, it was reported that Anthropic and SpaceX reached an agreement, where the former will utilize the full computing capacity of the latter's Colossus1 data center, which will provide over 300 megawatts of new computing power to Anthropic within a month (equivalent to over 220,000 NVIDIA GPUs), directly improving the user experience for Claude Pro and Claude Max subscribers.

According to Bloomberg, the parent company of the New York Stock Exchange, Intercontinental Exchange (ICE), announced plans to launch futures contracts based on "computing power" to track changes in the costs of computing power such as GPUs that support the AI industry. This product still requires regulatory approval.It is reported that ICE will collaborate with financial infrastructure company Ornn to develop a pricing system for related derivatives based on its GPU cost index. This index will be used to support computing power futures contracts.

According to CCTV News, Russian President Putin arrived in Beijing on a special plane. At the invitation of President Xi Jinping, Russian President Putin is making a state visit to China from May 19 to 20.

According to CoinDesk, Citibank stated in its latest report that the progress of quantum computing technology is faster than the market expected, accelerating the potential security risks faced by cryptocurrencies and internet infrastructure, with Bitcoin being considered one of the assets with the "greatest risk exposure." The report points out that the ECDSA elliptic curve cryptography system currently used by Bitcoin could theoretically be cracked by sufficiently powerful quantum computers. In the future, attackers may be able to derive private keys from publicly disclosed public keys, allowing them to forge transactions and steal assets.Citibank analyst Alex Saunders stated that due to its relatively conservative governance mechanism and slow protocol upgrade speed, Bitcoin is more difficult to quickly complete quantum-resistant upgrades compared to PoS networks like Ethereum. The report estimates that there are currently about 6.5 million to 6.9 million BTC at potential quantum risk due to exposed public keys, accounting for about one-third of the current circulating supply, valued at approximately $450 billion at current prices. This includes some early P2PK addresses and wallets believed to belong to Satoshi Nakamoto.Citibank also warns of the "Harvest Now, Decrypt Later" risk, where attackers currently collect encrypted data and wait until future quantum computing power matures to decrypt it all at once.However, Citibank remains optimistic about the long-term adaptability of the cryptocurrency industry, believing that blockchain can still migrate through post-quantum cryptography and protocol reconstruction in the future. The report mentions that the BIP-360 and BIP-361 upgrade proposals currently being discussed by the Bitcoin community are worth paying attention to.

According to Decrypt, Bitcoin mining company TeraWulf announced its first-quarter financial report, with a net loss of $427 million, compared to a loss of $61.4 million in the same period last year. The company's revenue was $34 million, of which 60% (approximately $21 million) came from AI computing business, a quarter-over-quarter increase of 117%; revenue from Bitcoin mining, on the other hand, decreased by 50% quarter-over-quarter to approximately $13 million.The CEO stated that the first quarter is a year of execution, and the company has established a complete platform, transforming its foundation into operational performance and recurring revenue. TeraWulf CFO Patrick Fleury mentioned that the company is shifting towards a more stable contracted revenue model, reducing its reliance on the volatility of Bitcoin mining. The company will continue to repurpose some of its Bitcoin mining operations to support higher-value high-performance computing workloads.

Bitcoin mining company TeraWulf announced its Q1 financial report, showing that its high-performance computing (HPC) business has for the first time surpassed Bitcoin mining revenue, marking a critical stage in the company's transformation towards AI and cloud computing infrastructure.The company's total revenue for Q1 was $34 million, roughly flat compared to the same period last year. Among this, HPC leasing revenue reached $21 million, surpassing the less than $13 million from digital asset mining for the first time, becoming the main source of income. The financial report also indicated that the company's net loss widened to $427.6 million, mainly due to the impact of non-cash warrant revaluation. However, CFO Patrick Fleury emphasized that the company is transitioning from "volatile mining revenue" to "stable long-term computing power contract revenue." Currently, TeraWulf has 60 MW of HPC capacity generating revenue at its Lake Mariner data center in New York and plans to continue expanding within the year. At the same time, the company is transforming part of its mining infrastructure into AI/HPC computing resources to support massive computing power demands. This trend is spreading throughout the industry, with Bitcoin mining companies like Riot Platforms also expanding their revenue structure through data centers and AI contracts, gradually transforming into "computing power infrastructure companies."

According to The Block, quantum security startup Project Eleven released a report stating that the "Q-Day," when quantum computers could break modern encryption technology, may arrive as early as 2030, with a probability of occurring before 2033 "likely exceeding 50%." The report warns that the enhancement of quantum computing capabilities will not be a linear progression but rather a leap "from nothing to something, triggered at once." Currently, approximately 6.9 million BTC (worth over $56 billion) are at risk of quantum attacks under certain conditions.In response to the aforementioned threat, several solutions have emerged in the industry: Paradigm researcher Dan Robinson proposed using timestamp proofs to help holders recover assets on future quantum-safe versions of the Bitcoin network; the BIP-361 proposal by Jameson Lopp and others suggests establishing a multi-year migration window to guide users in transferring funds to quantum-resistant addresses. Google has also advanced its quantum-resistant encryption migration target to 2029.

Grayscale stated that although advanced quantum computing poses a long-term potential threat to traditional cryptography and supports all mainstream blockchains in accelerating quantum-resistant upgrades, this is not the main driver behind the recent decline in Bitcoin prices.Grayscale observed that in recent months, Bitcoin has shown a synchronized trend with the stock prices of publicly traded companies focused on quantum computing. If quantum computing breakthroughs were to exert substantial pressure on Bitcoin, the stock prices of quantum computing companies should rise, but the opposite has actually occurred. Furthermore, since October of last year, the decline in Bitcoin and quantum computing stocks mainly reflects the overall derisking of growth assets triggered by market concerns over the impact of AI.Although Bitcoin's recent correlation with investor sentiment in cutting-edge technology assets like quantum computing has increased, this has not changed its value storage function in a diversified portfolio. Investors do not need to wait for blockchain to fully complete quantum-resistant upgrades to gain relevant exposure.

Researcher Dan Robinson from Paradigm proposed a new scheme called PACT (Verifiable Address Controlled Timestamp), aimed at protecting long-dormant bitcoins, including Satoshi's early addresses, from future quantum computing attacks.This mechanism allows users to prove their control over an address through a timestamp without the need to transfer assets or expose on-chain behavior. Once future quantum attacks occur, assets can be recovered in a quantum-resistant version of the Bitcoin network based on that proof. Compared to mandatory migration schemes (like BIP-361), PACT avoids the privacy exposure issues caused by actively transferring assets, providing long-term holders with a more flexible preemptive protection path.