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Quantum computing poses risks that extend well beyond cryptocurrencies and blockchain technology, according to a 110-page report by Project Eleven. The report warns that quantum capabilities could threaten the security of banking systems, military communications, digital identities and other critical digital infrastructure, with potential exposure of up to $3 trillion in digital assets.
Project Eleven’s report argues that quantum computing would affect more than just blockchain networks. It highlights that the technology could undermine security across multiple sectors that rely on current cryptographic methods, including financial services, defense communications and identity systems.
In addition to digital assets, the report points to broader vulnerabilities that could arise as quantum computing advances. These include risks to:
The report estimates that the risk could involve up to $3 trillion in digital assets.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
