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BTQ Technologies Demonstrates Quantum-Safe Bitcoin Using NIST Standardized Post-Quantum Cryptography, Protecting $2+ Trillion Market at Risk
Prnewswire· 2025-10-16 11:30
Core Viewpoint - BTQ Technologies Corp has successfully demonstrated a quantum-resistant Bitcoin implementation, addressing the existential risk posed by quantum computing to Bitcoin's $2.4 trillion market capitalization [1][3][5]. Group 1: Quantum Threat to Bitcoin - The quantum threat is described as an existential risk to the entire Bitcoin economy, with the potential for quantum computers to break ECDSA signatures, making every transaction vulnerable to interception and theft [3][4]. - Approximately 6.65 million Bitcoin, valued at $745 billion, have exposed public keys, making them immediately attackable by quantum threats [2][3]. - The method of "harvest now, decrypt later" allows adversaries to download the entire Bitcoin blockchain for future decryption, threatening historical transaction privacy and user identification [3][4]. Group 2: BTQ's Quantum-Safe Bitcoin Implementation - The Bitcoin Quantum Core Release 0.2 replaces vulnerable ECDSA signatures with NIST-approved ML-DSA, providing a standards-based path to protect Bitcoin's market value [1][5][6]. - The implementation supports the full transaction lifecycle, including wallet creation, transaction signing, verification, and mining, ensuring comprehensive security against quantum threats [5][9]. - BTQ's solution is positioned as a first-mover in providing quantum protection for Bitcoin, aiming to secure the entire $2.4 trillion value proposition of Bitcoin as digital gold [11][12]. Group 3: Commercial Roadmap and Industry Coordination - BTQ has established a roadmap targeting the protection of the full Bitcoin market by 2026, with key milestones including a testnet launch in Q4 2025 and a mainnet launch in Q2 2026 [8][18]. - The BTQ Foundation has been created to coordinate industry-wide efforts to defend against quantum threats, leveraging BTQ's expertise in post-quantum cryptography [7][10]. - The urgency for protective action is emphasized, as quantum computing capabilities are projected to advance rapidly, potentially disrupting the cryptocurrency market by 2028-2030 [8][10].
QUANTUM CORPORATION ALERT: Bragar Eagel & Squire, P.C. Reminds Quantum Investors of the November 3rd Deadline in the Filed Class Action Lawsuit
Globenewswire· 2025-10-15 20:22
Core Viewpoint - A class action lawsuit has been filed against Quantum Corporation (QMCO) for allegedly making false statements and failing to disclose improper revenue recognition, leading to the need for restating financial statements [3][7]. Allegation Details - The lawsuit claims that Quantum Corporation improperly recognized revenue during the fiscal year ended March 31, 2025 [3]. - As a result of this improper recognition, Quantum will need to restate its previously filed financial statements for the fiscal third quarter ended December 31, 2024 [3]. - The defendants' statements regarding the company's business, operations, and prospects were materially false and misleading [3]. Next Steps - Investors who purchased Quantum shares between November 15, 2024, and August 18, 2025, and suffered losses are encouraged to contact the law firm for more information and to discuss their rights [4][7]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is November 3, 2025 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation [5]. - The firm has offices in New York, California, and South Carolina and handles cases in state and federal courts across the country [5].
D-Wave stock rises again after it strikes a deal to bring its Advantage2 quantum computer to Italy
Fastcompany· 2025-10-15 19:47
Core Insights - D-Wave Quantum has entered a €10 million ($11.63 million) agreement with Swiss Quantum Technology (SQT) to deploy its Advantage2 quantum computer in Italy, supporting the country's digital transformation efforts [2][4]. Company Developments - The collaboration is part of a broader initiative called the "Q-Alliance," which includes D-Wave and IonQ, another American quantum computing firm [3]. - D-Wave's CEO, Alan Baratz, emphasized the significance of this deployment for Italy and the Q-Alliance, marking it as a pivotal moment for the region [7]. Market Performance - Following the announcement, D-Wave's stock rose approximately 1.29%, continuing a remarkable growth trajectory of over 4,235% in the past year, driven by increasing interest in quantum computing technology [4]. Technological Achievements - D-Wave recently claimed to have achieved "quantum supremacy," solving computations that would take classical computers about 1 million years to complete, showcasing the capabilities of its Advantage2 quantum computer [7][8]. - The Advantage2 is noted as the only quantum computer capable of solving significant real-world problems that classical computers cannot, specifically in simulating magnetic material properties [8]. Global Applications - D-Wave's technology is already in use globally, including applications in a Welsh police department for deployment analysis, in Ford Otosan's assembly processes in Turkey, and by a Japanese cellphone carrier to enhance network performance [9].
Quantum Stocks Are Surging on JPMorgan's $10 Billion Gold Rush
247Wallst· 2025-10-15 15:44
Core Insights - JPMorgan Chase's CEO Jamie Dimon has launched the bank's Security & Resiliency Initiative, which aims to enhance the bank's capabilities in quantum computing [1] Group 1 - The initiative is expected to drive fresh momentum in the field of quantum computing [1]
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Quantum Corporation
Prnewswire· 2025-10-15 14:31
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Quantum Corporation due to allegations of improper revenue recognition and subsequent financial restatements, which have led to significant stock price declines and investor losses [2][3][4]. Group 1: Allegations and Financial Impact - Quantum Corporation is accused of making false and misleading statements regarding its revenue recognition for the fiscal year ended March 31, 2025, necessitating a restatement of its financial statements for the fiscal third quarter ended December 31, 2024 [3]. - On June 30, 2025, Quantum announced it would be unable to file its annual financial report on time, leading to a stock price drop of $1.00, or 10.03%, closing at $8.97 per share [4]. - Following an announcement on August 8, 2025, that its third quarter 2024 financial statements should no longer be relied upon, Quantum's stock fell by $0.14, or 1.79%, to close at $7.66 per share [5][6]. Group 2: Leadership Changes and Further Declines - On August 18, 2025, Quantum disclosed the resignation of its CEO after only five months, resulting in a further stock price decline of $0.61, or 8.2%, closing at $6.83 per share [6]. - The lawsuit claims that the misleading statements and the need for restatements have materially affected investors, leading to significant financial damages [3][4]. Group 3: Legal Proceedings and Investor Actions - Investors who suffered losses between November 15, 2024, and August 18, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights, with a deadline of November 3, 2025, to seek the role of lead plaintiff in the class action [2][7]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995, indicating its capability in handling such cases [2].
MicroCloud Hologram Inc. Proposes a Quantum Secure Tripartite Computing Protocol Based on BQC, Effectively Filling the Gap in the Field of Multi-Client Collaborative Computing
Prnewswire· 2025-10-15 14:00
Core Viewpoint - MicroCloud Hologram Inc. has proposed a quantum secure tripartite computing protocol based on Blind Quantum Computing (BQC), addressing data privacy concerns in multi-client collaborative computing [1][2][4]. Group 1: Quantum Secure Tripartite Computing Protocol - The proposed protocol involves two quantum-limited clients and a remote quantum server, ensuring that the server cannot access the specific content of the clients' data during computation [1][2]. - This approach allows mutually distrusting clients to engage in collaborative computing without the risk of data privacy leakage [2][3]. Group 2: Extension to Multi-Party Computing - HOLO has expanded the tripartite protocol into a quantum secure multi-party computing protocol, which supports more than two clients while maintaining independent privacy protection for each client's data [3][4]. - The protocol systematically adjusts data transmission paths and server processing workflows to ensure security and efficiency in multi-client scenarios [3][4]. Group 3: Future Implications and Investments - The multi-party computing protocol lays the groundwork for broader applications of quantum computing, with potential for further optimization as quantum technology advances [4]. - MicroCloud plans to invest over $400 million in various cutting-edge technology sectors, including quantum computing and blockchain development [5].
Rain Enhancement Technologies Strengthens Strategic Leadership with Quantum Physics Pioneer and Corporate Governance Expert
Accessnewswire· 2025-10-15 14:00
Core Insights - Rain Enhancement Technologies Holdco, Inc. (RET) has appointed two strategic advisors, Chris Monroe and Paul Dacier, to enhance its leadership capabilities in quantum sciences and corporate governance as it advances its Weather Enhancement Technology Array (WETA) platform [1][5][8] Company Update - RET is progressing towards the deployment of 10 WETA systems, which are currently in the final manufacturing phases for delivery to the United States [2] - The company's ionization rainfall generation technology has shown the potential to increase rainfall by approximately 15-18% in randomized third-party trials [2] Strategic Advisor Contributions - Chris Monroe, a pioneer in quantum physics and co-founder of IonQ, brings expertise in quantum computing and atmospheric sciences, which aligns with RET's ionization approach [3] - Paul Dacier, serving as Chief Legal Officer of IonQ and Chairman of AerCap Holdings, contributes significant corporate governance and legal expertise, enhancing RET's public company operations [4][5] Technology and Market Impact - RET's ionization technology addresses global water scarcity, with nearly two-thirds of the world's population facing water shortages for at least one month annually, and demand expected to exceed supply by 40% by 2030 [8] - The technology is positioned for significant impact across agriculture, municipal water supply, and industrial applications worldwide [7]
Quantum International Corp. Launches Refined Investor Website as Cornerstone of Its Digital Identity
Newsfile· 2025-10-15 10:30
Core Insights - Quantum International Corp. has launched a new investor-focused website aimed at enhancing transparency and engagement with shareholders and partners [1][2][3] Group 1: Website Features - The new site consolidates all investor-related resources, including links to apps, company filings, technical materials, and news updates, creating a single authoritative destination for the investment community [2][7] - The platform is designed to reflect the company's commitment to clarity, professionalism, and open communication, as stated by the CEO [3][7] Group 2: Future Developments - Quantum International Corp. plans to share additional product and app updates in the coming weeks, indicating a new era of app development [4]
WISeKey's WISeSat.Space to Test Post-Quantum Communication from Space During SpaceX Launch on November 10, 2025
Globenewswire· 2025-10-15 05:00
Core Insights - WISeKey's subsidiary WISeSat.Space is set to launch a nanosatellite equipped with SEALSQ's post-quantum cryptographic technology aboard a SpaceX Falcon 9 rocket on November 10, 2025, from California [1][2] - The satellite will serve as a testbed for post-quantum communication protocols, marking a significant step towards quantum-resilient satellite-based IoT connectivity [2][3] - The mission emphasizes WISeSat's commitment to secure, sovereign, and sustainable space communications capable of addressing cybersecurity challenges posed by quantum computing [2][4] Technology and Innovation - The WISeSat satellite integrates SEALSQ's post-quantum cryptographic semiconductors and WISeKey's Root of Trust, enabling secure end-to-end communication between satellites, ground stations, and IoT devices [3] - This launch will be one of the first demonstrations of post-quantum encryption tested in orbit, providing real-time validation of SEALSQ's technology in space conditions [3][4] - The upcoming satellite launch will lead to the deployment of four additional post-quantum-ready satellites in 2026, each incorporating enhanced SEALSQ technologies [6] Strategic Vision - Carlos Moreira, CEO of WISeKey, highlighted that the launch represents a milestone in showcasing the future of trusted connectivity that is quantum-secure and universally accessible [4] - The mission aims to build a global, resilient, and sovereign infrastructure to safeguard digital assets against emerging cybersecurity threats [4] - WISeSat's nanosatellite constellation is designed to provide real-time, low-cost, and secure IoT connectivity across various sectors, including energy, logistics, infrastructure, and climate monitoring [5] Company Overview - WISeKey International Holding Ltd operates through several subsidiaries, including SEALSQ Corp, which focuses on semiconductors and post-quantum technology products, and WISeSat AG, which specializes in secure satellite communication for IoT applications [7][8] - The company has deployed over 1.6 billion microchips across various IoT sectors, playing a crucial role in securing the Internet of Everything [8] - WISeKey's technologies integrate into a comprehensive platform that secures digital identity ecosystems using Blockchain, AI, and IoT technologies [8]
Is Quantum Computing a Millionaire-Maker Stock?
The Motley Fool· 2025-10-15 00:15
Core Viewpoint - Quantum Computing (QCi) has seen a significant stock price increase of 2,500% over the last 12 months, attracting growth-focused investors, but the sustainability of this rally is questioned due to weak fundamentals [1] Industry Overview - Quantum computing aims to solve complex problems exponentially faster than current supercomputers, potentially enabling breakthroughs previously deemed impossible [2] - Analysts predict that viable quantum computers could unlock vast commercial opportunities, including rapid drug discovery and AI model training [3] Company Positioning - QCi focuses on the hardware side of quantum computing, providing products like chips, sensors, and communication devices, and claims to have a unique foundry for processing thin-film lithium niobate (TFLN) [4] - The TFLN foundry is located in Tempe, Arizona, which may attract government support amid the U.S.-China technology competition [5] Financial Performance - QCi's second-quarter earnings report revealed a 67% year-over-year revenue decline to $61,000, indicating significant financial pressure [7] - Operating costs are rising sharply, with research and development expenses exceeding $5.98 million, more than doubling from previous levels [7] Competitive Landscape - The quantum computing sector is becoming increasingly competitive, with major tech companies like Alphabet and Nvidia also targeting the hardware niche, which may limit QCi's ability to compete effectively [8] Capital Raising and Share Dilution - QCi's management has opted to go public to raise funds, which can dilute existing shareholders' stakes and future profit claims [9] - In August, QCi announced a $500 million share offering, increasing its share count by 26.9 million, with a total of 159,883,187 shares outstanding as of the second quarter [10] Investment Outlook - While QCi has the potential to be a high-reward stock under favorable conditions, the current risks associated with its weak fundamentals suggest that investors should seek better opportunities [11]