Google Warns Quantum Cracking Threshold May Be Much Lower Than Expected; Crypto Industry Needs to Migrate to Post-Quantum by 2029
Wallstreetcn·- Google researchers warn that future quantum computers may require fewer resources than previously expected to break some encryption technologies protecting Bitcoin and other digital assets, prompting urgent discussions in the industry. - Their latest estimates suggest that the hardware needed to crack elliptic-curve cryptography could decrease by about 20 times, highlighting the importance of transitioning to post-quantum cryptography (PQC) to mitigate risks. - Notably, Bitcoin's price rose by 2.6% following the paper's release, indicating investor confidence even amid growing concerns about the potential impact of quantum computing on cryptocurrency security.There are not many allies left for Doubao Mobile
Wallstreetcn·- In 2025, ByteDance entered the smart terminal market with "Doubao Phone Assistant," attempting to position it as the "brain" of smartphones through cooperation with ZTE. - However, rising storage chip prices and supply chain issues led to major brands like Meizu suspending updates, while leading manufacturers focused on their own AI developments, limiting potential allies for Doubao. - As competition intensifies with the rise of open-source frameworks like OpenClaw, ByteDance faces significant challenges, including a lack of sturdy partnerships and increased uncertainty surrounding Doubao Phone's market viability.Cathie Wood issues a major warning: Five major innovation platforms are quietly resonating, and a wealth reconstruction comparable to the railway era has already begun
Wallstreetcn·- Cathie Wood, CEO of ARK Invest, presented the "Big Ideas 2026" report, emphasizing the era of "Big Acceleration" driven by AI. - Key innovations include AI, multi-omics, blockchain, robotics, and reusable rockets, with expectations for global GDP growth exceeding 7% by the decade's end, contrary to the market's 3% forecast. - The report warns that investors not aligned with these innovations may see their portfolios stagnate, emphasizing the transformative impact of these technologies on economic growth.Major Bull in the Crypto Circle Tom Lee: The Sell-off of AI and Cryptocurrencies is Nearing Its End
Wallstreetcn·- AI trading and cryptocurrencies are approaching a potential bottom after a recent sell-off, according to Tom Lee from Fundstrat. - He cites the strong performance of Nvidia, noting that negative sentiment in the software sector may indicate a market bottom; meanwhile, he suggests ongoing withdrawals from crowded trades indicate diminishing selling pressure. - Lee remains bullish on ETH and endorses a cyclical investment framework for 2026, emphasizing sectors such as energy and industrials while maintaining confidence in core assets like the Mag 7 and Bitcoin.