MSN published an article arguing that quantum computers are developing at a fast pace and could soon be used to crack the digital wallets used in cryptocurrencies such as Bitcoin and Ethereum

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Speaking to Express.co.uk, David Williams, Chairman and co-founder of Arqit, a leader in quantum encryption technology, said: “The advent of quantum computing presents an existential threat to blockchain technologies.

“We have already seen large hacks of the crypto space, including the most recent $600m Poly Network attack, and this will only get worse since quantum computers and their immense power will easily be able to break the cryptographic security that protects crypto wallets, exchanges and other essential infrastructures.

link: [https://www.msn.com/en-gb/money/technology/crypto-doomsday-new-quantum-computer-poses-existential-threat-to-ethereum-and-bitcoin/ar-AANjKlZ](https://www.msn.com/en-gb/money/technology/crypto-doomsday-new-quantum-computer-poses-existential-threat-to-ethereum-and-bitcoin/ar-AANjKlZ)

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