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 WEF warns CBDCs could be vulnerable to quantum computer attack

WEF warns CBDCs could be vulnerable to quantum computer attack


Published: 2024-05-22


1. Vulnerabilities of Central Bank Digital Currencies (CBDCs): The article discusses the vulnerabilities of Central Bank Digital Currencies (CBDCs) to potential attacks from quantum computers. Quantum computers have the capability to break traditional encryption methods,posing a significant threat to the security of CBDCs. This highlights the importance of enhancing the security measures surrounding digital currencies in preparation for the future advancements in quantum technology.

2. World Economic Forum's (WEF) warnings: The World Economic Forum (WEF) has raised concerns about the vulnerability of CBDCs to quantum computer attacks. This warning comes as a wake-up call for central banks and financial institutions to strengthen the security infrastructure of digital currencies. It emphasizes the need for proactive measures to mitigate the risks associated with quantum computing,underscoring the importance of staying ahead of potential threats in the digital finance space.

3. Implications for the Financial Sector: The article sheds light on the broader implications of quantum computer vulnerabilities for the financial sector. With the rapid advancements in quantum technology,the potential risks to digital currencies and financial systems are becoming more pronounced. This underscores the urgency for regulators and industry players to collaborate on developing robust security frameworks that can withstand the threats posed by quantum computing.


Reference: cointelegraph.com

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2 ARS title=ARS 1,277.90 1,125,593,923.70
3 ETH title=ETH 3,552.82 1,041,106,602.08
4 BTC title=BTC 66,100.19 912,817,503.35
5 PEPE title=PEPE <0.01 285,928,034.23
6 SOL title=SOL 144.53 225,892,060.11
7 IO title=IO 5.20 197,893,827.52
8 XRP title=XRP 0.49 85,109,653.33
9 WIF title=WIF 2.33 83,546,989.56
10 PEOPLE title=PEOPLE 0.11 80,929,883.21
11 DOGE title=DOGE 0.14 74,399,131.12
12 UNI title=UNI 11.33 73,077,502.98
13 CRV title=CRV 0.31 71,025,448.04
14 BOME title=BOME 0.01 54,847,506.50
15 BAKE title=BAKE 0.44 54,528,144.97
16 FLOKI title=FLOKI <0.01 54,418,653.57
17 ETHFI title=ETHFI 3.95 47,723,793.66
18 ENS title=ENS 23.53 43,224,416.81
19 INJ title=INJ 25.62 39,412,756.26
20 BONK title=BONK <0.01 36,704,325.54
21 ENA title=ENA 0.74 34,956,925.46
22 HIGH title=HIGH 2.75 31,804,761.85
23 ORDI title=ORDI 44.55 30,844,484.69
24 LDO title=LDO 2.04 29,629,485.09
25 NEAR title=NEAR 5.61 29,597,311.70
26 OP title=OP 2.06 27,351,011.86
27 LINK title=LINK 14.85 26,771,031.23

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1 BakerySwap title=BAKE 0.44 +21.03
2 Ethereum Name Service title=ENS 23.53 +15.29
3 Omni Network title=OMNI 18.16 +14.36
4 Ether.fi title=ETHFI 3.95 +12.58
5 Bounce title=AUCTION 21.85 +12.46
6 Raydium title=RAY 1.69 +12.39
7 Paris Saint-Germain Fan Token title=PSG 3.79 +12.22
8 Curve DAO title=CRV 0.31 +11.95
9 Pendle title=PENDLE 5.26 +10.76
10 SSV Network title=SSV 41.24 +10.39
11 Uniswap title=UNI 11.33 +9.23
12 Lido DAO title=LDO 2.04 +8.84
13 Rocket Pool title=RPL 25.64 +8.69
14 Neutron title=NTRN 0.62 +8.45
15 Bluzelle title=BLZ 0.28 +8.21
16 Shentu title=CTK 0.88 +7.64
17 Pepe title=PEPE <0.01 +7.50
18 SafePal title=SFP 0.80 +6.94
19 Ethena title=ENA 0.74 +6.82
20 Renzo title=REZ 0.12 +6.54
21 Kyber Network Crystal title=KNC 0.79 +6.50
22 DeXe title=DEXE 12.56 +6.27
23 Convex Finance title=CVX 2.07 +6.26
24 Ellipsis X title=EPX <0.01 +6.22
25 Marlin title=POND 0.02 +6.18
26 Optimism title=OP 2.06 +6.14
27 Ontology Gas title=ONG 0.38 +6.12
28 LeverFi title=LEVER <0.01 +6.11
29 Nano title=XNO 1.06 +6.10
30 Gains Network title=GNS 3.12 +5.86

The price of coins is falling rapidly.


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at from is ($US) reduce (%)
1 RSK Infrastructure Framework title=RIF 0.11 -13.95
2 NEM title=XEM 0.02 -4.82
3 ConstitutionDAO title=PEOPLE 0.11 -4.62
4 Santos FC Fan Token title=SANTOS 4.63 -3.74
5 Adventure Gold title=AGLD 1.28 -3.70
6 OG Fan Token title=OG 3.97 -3.38
7 Cats Of Sol title=COS <0.01 -3.25
8 MANTRA title=OM 0.75 -3.14
9 Chiliz title=CHZ 0.10 -3.09
10 Injective title=INJ 25.62 -2.84
11 TrueFi title=TRU 0.18 -2.52
12 Internet Computer title=ICP 9.07 -2.31
13 Waves title=WAVES 1.11 -2.21
14 aelf title=ELF 0.41 -2.00
15 Dusk title=DUSK 0.34 -1.95
16 Polymesh title=POLYX 0.41 -1.94
17 Venus title=XVS 7.85 -1.75
18 PlayDapp title=PDA 0.07 -1.57
19 BOOK OF MEME title=BOME 0.01 -1.44
20 Reserve Rights title=RSR <0.01 -1.24
21 Sun Token title=SUN 0.01 -0.81
22 Zcash title=ZEC 22.54 -0.71
23 TRON title=TRX 0.12 -0.57
24 Starknet title=STRK 0.93 -0.54
25 Chromia title=CHR 0.27 -0.41
26 WAX title=WAXP 0.05 -0.29
27 NFPrompt title=NFP 0.38 -0.24
28 Hedera title=HBAR 0.09 -0.23
29 COTI title=COTI 0.11 -0.23
30 Sei title=SEI 0.42 -0.14

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