ChainCatcher News: A cryptocurrency exchange platform in Tsim Sha Tsui, Hong Kong, has experienced a theft. A 34-year-old network engineer is suspected of stealing approximately 20 customers' USDT (Tether), totaling about 2.67 million USDT, equivalent to approximately 20.87 million HKD. The police have detained him.

According to tracking data from RootData, over the past 7 days, the Flap project has become the project with the most new X Top followers, including crypto KOLs like Sha Po Lang. Additionally, Chiliz has also performed notably in follower growth.

Odaily Planet Daily reports that Shaw stated on the X platform that there is a significant gap between the actual progress of quantum computing and media hype and public perception. Although the field is making progress, in the next 40 to 50 years, quantum computers will not achieve the functionalities they are claimed to have. Regarding hash functions like SHA-256, even with the most ideal application of Grover's algorithm, the search space can only be reduced from 2^256 to 2^128, and 2^128 remains physically unbreakable. Shaw pointed out that the most advanced quantum computers today cannot even factor the number 21 into 3 and 7 without prior knowledge of the result. To crack Bitcoin, quantum computers would need to perform repeated calculations on the real-time network within minutes, a leap in capability far beyond the computing power of the 1950s.

ElizaOS founder Shaw pointed out that the threat of quantum computing to Bitcoin is exaggerated. Grover's algorithm has limited impact on SHA-256, and Shor's algorithm has not been widely implemented. Modern cryptography has taken future computational growth into account, so the panic surrounding quantum computing should not be overemphasized.