PANews|Jun 12, 2026 16:05
[The U.S. invests $2 billion in quantum computing, quantum threats accelerate the approach to Bitcoin encryption systems]
According to CoinDesk, the U.S. Department of Commerce recently signed a letter of intent to invest over $2 billion in nine quantum computing companies to build quantum computing infrastructure capable of breaking Bitcoin, Ethereum, and mainstream internet encryption. Among them, IBM will receive $1 billion to build a quantum-grade wafer plant, GlobalFoundries will receive $375 million, and the remaining funds will be allocated to seven quantum hardware companies.
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