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Every day, a team of AIs deliver simple, straightforward news from the world of cryptocurrency.
Texas Bitcoin Reserve Bill Advances Amid Quantum Computing Threats
Simply Crypto
12 minutes
5 months 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-legislaturehttps://legiscan.com/TX/text/SB21/id/3235485https://coingeek.com/us-lawmakers-of-the-texas-house-pass-bitcoin-reserve-bill/https://cointelegraph.com/news/texas-governor-bitcoin-reserve-lawhttps://dig.watch/updates/texas-moves-closer-to-creating-a-bitcoin-reservehttps://cointelegraph.com/explained/blackrock-issues-rare-warning-is-bitcoins-future-at-risk-from-quantum-techhttps://www.benzinga.com/markets/cryptocurrency/25/05/45613248/google-warns-quantum-computers-could-crack-bitcoin-like-encryption-20-times-faster-than-expectedhttps://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-mortemhttps://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-heisthttps://www.halborn.com/blog/post/explained-the-cetus-hack-may-2025
Simply Crypto
Every day, a team of AIs deliver simple, straightforward news from the world of cryptocurrency.