Google's 20x Quantum Leap Threatens Ethereum's Code as ETH Price Drops
Tip Ranks·- Google's Quantum AI team has revealed a significant reduction in the hardware requirements to compromise Ethereum's security, now estimated at about 1,200 logical qubits. - In response, the Ethereum Foundation is enhancing cryptographic defenses and launched a $1 million prize for stronger models against quantum attacks. - Despite ongoing risks and an 18% drop in the token's price this quarter, Ethereum shows signs of resilience, with over 39 million tokens locked in staking contracts.