7 days ago

Texas Bitcoin Reserve Bill Advances Amid Quantum Computing Threats

In today's episode, we explore Texas's bold move to establish a state-level Bitcoin reserve with the advancement of Senate Bill 21. We also delve into Google Quantum AI's warning about the potential for quantum computers to break Bitcoin's cryptography sooner than expected. Additionally, we cover the $223 million hack of the Cetus Protocol on Sui, highlighting ongoing security challenges in the cryptocurrency industry. Join us for these stories and more on Simply News Radio.

Sources:
https://www.axios.com/local/houston/2025/05/28/strategic-bitcoin-reserve-bill-clears-hurdle-in-texas-legislature
https://legiscan.com/TX/text/SB21/id/3235485
https://coingeek.com/us-lawmakers-of-the-texas-house-pass-bitcoin-reserve-bill/
https://cointelegraph.com/news/texas-governor-bitcoin-reserve-law
https://dig.watch/updates/texas-moves-closer-to-creating-a-bitcoin-reserve
https://cointelegraph.com/explained/blackrock-issues-rare-warning-is-bitcoins-future-at-risk-from-quantum-tech
https://www.benzinga.com/markets/cryptocurrency/25/05/45613248/google-warns-quantum-computers-could-crack-bitcoin-like-encryption-20-times-faster-than-expected
https://www.coinspeaker.com/bitcoin-encryption-faces-growing-risks-of-quantum-computing/
https://cybernews.com/tech/quantum-claims-google-20-times-easier-crack-bitcoin/
https://www.ainvest.com/news/bitcoin-faces-quantum-threat-years-earlier-expected-2505/
https://www.tradingview.com/news/newsbtc:1cca3bbe7094b:0-10-million-fix-sui-network-moves-fast-after-cetus-exploit-scare/
https://cointelegraph.com/news/dedaub-cetus-hack-post-mortem
https://www.bleepingcomputer.com/news/security/hacker-steals-223-million-in-cetus-protocol-cryptocurrency-heist/
https://www.scworld.com/brief/almost-223m-pilfered-in-cetus-crypto-heist
https://www.halborn.com/blog/post/explained-the-cetus-hack-may-2025

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