Vitalik Buterin, Ethereum’s co-founder, warned that Ethereum’s core cryptography could break before the 2028 U.S. election due to advances in quantum computing. In the same news cycle, Ray Dalio went on CNBC saying quantum is one of the core reasons Bitcoin won’t become a global reserve asset. [NEWS]
Why it matters: The global crypto market cap sits at $2.93T, and every dollar of it relies on cryptography that quantum computers could eventually break.
