Alex Pruden

U.S. Government Invests $2 Billion in Quantum Computing, Urges swift Defense Measures

On June 12, 2026, CoinDesk reports that the U.S. Commerce Department plans to allocate over $2 billion to nine quantum computing firms. The goal is to advance technology capable of breaking existing cryptographic defenses, highlighting the urgent need for post-quantum cryptography to protect digital assets like Bitcoin and Ethereum.

3 hours ago·CoinDesk·Reported by Alex Pruden