The Protocol: Quantum computing could break Bitcoin sooner, says Google - CoinDesk

Tech Share The Protocol: Quantum computing could break Bitcoin sooner, says Google Also: OpenAI raises $122 billion, crypto ecosystems diverging post-quantum strategies, and Base’s 2026 roadmap. By Margaux Nijkerk|Edited by Jamie Crawley Apr 1, 2026, 11:59 a.m. Make preferred on What to know: Welcome to The Protocol, CoinDesk's weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Breaking Bitcoin with quantum may be easier than thought, with Taproot partly to blame, Google says OpenAI raises a record $122 billion as revenue crosses $2 billion per month Here's how Bitcoin, Ethereum and other networks are preparing for the looming quantum threat Coinbase’s Base to focus on tokenized markets, stablecoins, developers this year Newsletters Ethereum News Bitcoin News Google More For You Encryption Supremacy: Zcash and Privacy in the Age of Scale By CoinDesk Research Mar 31, 2026 Commissioned byGenZcash Most crypto privacy models weaken as blockchain data grows. Encryption-based models like Zcash strengthen. CoinDesk Research maps the five privacy approaches and examines the widening gap. Why it matters: As blockchain adoption scales, the metadata available to machine learning models scales with it. Obfuscation-based privacy approaches are structurally degrading as a result. This report provides a comprehensive comparison of all five major crypto privacy architectures and a framework for evaluating which models remain durable as AI capabilities improve. View Full Report Solana DeFi platform Drift confirms 'active attack' as $200M+ leaves platform By Helene Braun|Edited by Nikhilesh De 1 hour ago The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution. What to know: Drift, a Solana-based DeFi platform, said it is investigating "unusual activity" on its protocol and urged users not to deposit funds while the review is underway. The alert sparked speculation across the crypto community, with some users reporting irregular behavior in their positions on the platform. Helius CEO Mert Mumtaz... Read Full Story Latest Crypto News Citadel-backed EDX Markets applies for U.S. trust charter to expand institutional crypto services 39 minutes ago Solana DeFi platform Drift confirms 'active attack' as $200M+ leaves platform 1 hour ago Galaxy Digital's testnet suffers hack but no client funds or information were compromised 2 hours ago Crypto Long & Short: Governance is the real Layer 1 4 hours ago Jamie Dimon signals JPMorgan entry into prediction markets as competition surges 4 hours ago Cango raises capital as it faces NYSE delisting risk with shares below $1 4 hours ago Top Stories Bitcoin’s crashes are shrinking, and Wall Street is starting to notice 7 hours ago Franklin Templeton launches crypto division with 250 Digital acquisition 6 hours ago Bitcoin ETFs post first monthly inflows since October as price stabilizes 10 hours ago Some quantum-resistant tokens jump 50% as Google flags risks to Bitcoin security 14 hours ago Hong Kong hasn’t issued a single HKD stablecoin license after March target 17 hours ago Charles Hoskinson not a fan of CLARITY Act, warns of 'weaponization' by future lawmakers Mar 31, 2026