Morning Minute: AI Agents Cut BTC Quantum Attack Benchmark by 86%

GM!

Today’s top news:

• Crypto majors fall another 1-3% ahead of CPI; BTC at $77k
• BTC ETFs see $280M in outflows and $440M on the week
• Binance’s Bitcoin reserves hit 2-year highs
• Stonkfun ecosystem soars as Stonk hits $0.30 and multiple pairs run 2-4x+
• Robinhood Chain leaders rebound as volumes level off; Flycoin soars to $50M in its debut

$80.3k$79.1k$77.8k$76.6k

24h HighHigh$77,474

24h LowLow$76,546

VolVol$1.1B

Market projectionsOdds by Myriad

🤖 AI Agents Cut the Cost of Cracking Bitcoin’s Cryptography by 86% in Two Months

More than 100 researchers working alongside AI coding agents significantly decreased a benchmark for a key step in a quantum attack on Bitcoin and Ethereum from 10.75 billion down to 1.496 billion. That happened between late May and July 26, but the paper landed just this week.

For background, Bitcoin and Ethereum both secure signatures with secp256k1, an elliptic curve. A sufficiently powerful quantum computer could reverse that math and derive a private key from a public one. That’s the problem. The competition, called ECDSA.Fail and run by Eigen Labs, scored circuit designs by multiplying logical qubits against Toffoli gates, an expensive quantum operation. A lower score means fewer resources needed. The leading design used 1,151 logical qubits and roughly 1.3 million Toffoli gates, and a later submission pushed gates below a million. That leading score came in at about half of Google Quantum AI’s March benchmark, though the two used different counting methods and don’t compare cleanly.