Connect with us
  • tg

Cryptocurrency

Quantum Leap: Quantum and AI Will Make Hackers More Powerful Than Ever (Op-Ed)

letizo News

Published

on

The advancement of computing power over the past few decades has been extraordinary. As computers become more powerful, hackers gain access to more sophisticated tools to launch attacks against crypto platforms. The threat of quantum and AI-driven hacks will soon be a major challenge for crypto entrepreneurs and developers.

Web3 hacks are one of the biggest challenges the industry is facing and a significant barrier to institutional adoption and mainstream usage. According to Cyvers’s data, more than $2.1 billion has already been stolen this year, with almost a quarter of the year still remaining.

Cybercriminals are always exploring new techniques to exploit their targets, and cybersecurity experts must stay ahead of them. This ongoing back-and-forth has shaped internet governance since its inception, and it has intensified as crypto has further intertwined finance with online technology.

However, this goal has become much more challenging with the emergence of new technologies. Quantum and AI hacking are gradually becoming the go-to methods for hackers, involving sophisticated data breaches and enabling access to previously impenetrable systems.

What Is Quantum Hacking?

Quantum hacking refers to using superior computing power to crack modern cryptographic algorithms. While crypto algorithms are theoretically “unhackable,” advancements in quantum computing have made it possible to break encryption techniques used by cryptographic platforms. Breaching secure cryptographic communications can result in serious security compromises.

The threat of quantum computing hacks is already upon us and will continue to grow as quantum computing systems evolve and become more widespread. Hackers have come a long way with traditional computing systems, but now their capabilities are set to grow exponentially.

Quantum Hacking and AI

Artificial Intelligence (AI) has been one of the most defining tech trends of the past two years. The rise of generative AI platforms like ChatGPT has captivated tech enthusiasts worldwide. AI presents remarkable opportunities but also serious threats, especially concerning data privacy and security.

It’s important to understand the broad scope of AI. This technology extends far beyond generative chatbots and encompasses automated features that traditionally relied on human intelligence. AI’s applications range from data-crunching tools and machine learning to speech interpretation and more. While this offers endless possibilities for innovation, it also becomes a double-edged sword when malevolent actors use AI to further their goals.

Moreover, the possibility of AI engines developing self-awareness and sentience remains one of the biggest “what ifs” of our time.

The Rising Threat

The threat of quantum hacks is clear for all to see. A recent report by the Hudson Institute estimates that future quantum hacks targeting global financial institutions or systems like FedWire could lead to an indirect GDP loss of $2 to $3.3 trillion—catastrophic damage to the global economy.

Hackers are constantly seeking new ways to compromise systems, and advanced methods like quantum computing are becoming increasingly feasible. While quantum computers are not yet widely accessible, their number is growing, and they’re no longer confined to Western countries.

AI, on the other hand, is accessible to nearly anyone. However, for ultimate hacking power, one must develop proprietary or semi-autonomous AI models that are free from the ethical constraints imposed by big tech companies. That said, most significant crypto hacks today are not conducted by small-time hackers but by well-funded organizations—sometimes even state-sponsored groups.

State-sponsored hackers, like North Korea’s Lazarus Group, are infamous for infiltrating highly secure systems. Most recently, the group was suspected to be the perpetrator of the $235M WazirX hack. These groups are far more likely to gain access to quantum processors and set up AI-driven hacking tools.

Weak Solutions for a Strong Problem

To stay ahead of these threats, crypto companies need new solutions. Cryptographic keys, which underpin encrypted communications, are not foolproof. However, quantum computing also offers security enhancements, such as Quantum Key Distribution (QKD), which detects eavesdropping attempts. But this is not enough to outpace the threat.

The combination of quantum computing and AI creates an almost infinite array of attack vectors. Since individual solutions only address specific vulnerabilities, there’s a need for more comprehensive, holistic defenses—especially to guard against “zero-day attacks,” which are unexpected and previously unknown hacking methods.

This requires innovative and proactive solutions that can address incidents in real-time, or even before they occur. Given the sophisticated nature of new-era hacking techniques, it is no longer sufficient to rely solely on pre-launch security measures like auditing, or passive threat intelligence tools that may respond too slowly to evolving threats.

Fighting Fire with Fire

If hackers can leverage AI, so must cybersecurity experts. Combating AI- and quantum-powered hacks requires AI-powered security tools.

One solution could be real-time monitoring and detection of cyberattacks through geometric machine learning patterns and anomaly detection that trigger prevention mechanisms. Companies taking a more pre-emptive approach can utilize address screening tools to assess the security reputation of smart contracts and wallets.

However, the ultimate solution lies in combining pre-emptive and proactive measures. For example, an AI-powered firewall that simulates transactions and validates them for malicious intent. Firewalls, which have long protected online systems, can be adapted for Web3 security, offering companies peace of mind against advanced hacking techniques.

These solutions reflect a broader shift in Web3 security toward more proactive, technology-driven products.

The Big Picture

Web3 security is a crucial aspect of blockchain platform management. The rewards for hackers are growing as the industry scales. With quantum computing and AI giving hackers unprecedented capabilities, crypto companies cannot afford to neglect security. They need advanced tools to combat this new wave of supercharged crypto attacks.

Authored by:

Michael Pearl is a seasoned executive in fintech and blockchain with over a decade of experience in business development and growth. Before joining Cyvers, he was the COO of Intentable and served as Director of Content at Finance Magnates and global economy editor at Calcalist. Michael is also the host of the “Free and Decentralized” podcast and is launching a new podcast called “Web3 Watchdogs.” He is a lawyer and holds a Master’s degree in International Relations and a Bachelor of Law from the University of Haifa.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!

Cryptocurrency

Ripple (XRP) at $2 Is an ‘Absolute Gift,’ Says Analyst

letizo News

Published

on

TL;DR

  • XRP’s recent pullback hasn’t shaken investor confidence, with one market observer viewing the $2 zone as a buying opportunity.
  • Whales have been making bold moves, scooping up almost one billion tokens in a month, as there are rising expectations that a spot XRP ETF could see the light of day in the US this year.

Time to Buy?

Ripple’s XRP recorded explosive price growth towards the end of 2024, rising from approximately $0.55 to over $2 in a matter of weeks. The positive performance continued at the start of the new year, with the price almost matching its all-time high of $3.40 on January 16. This coincided with the overall bull run of the crypto market witnessed around Donald Trump’s inauguration as America’s 47th President.

In the following months, though, XRP lost some steam. It experienced enhanced volatility and eventually settled at the current $2.10 (per CoinGecko’s data).

Despite the downtrend, some popular analysts remain unfazed and see the ongoing condition as a buying opportunity. One example is the X user Captain Faibik, who thinks that XRP at $2 “is an absolute gift.” They also presented a potential bullish scenario in which the price could surge to nearly $5 in the near future. 

Meanwhile, Crypto Tony told their over 520,000 followers on X that they “remain long above $2,” hoping for the bulls to reverse the recent slump. 

Dark Defender and John Squire also chipped in. The former set short-term targets of $4.40 and $6.30 but warned that investors should keep an eye on the important $2 level. For his part, Squire argued that XRP “is not dead” but “loading,” describing the asset as “the biggest sleeping giant in crypto.”

The Return of the Whales

Recently, large investors went on a massive buying spree, accumulating around 900 million XRP in the span of a month. The USD equivalent of the stash is just south of $2 billion. 

Additionally, the number of addresses holding more than 10,000 XRP peaked at a record of above 300,000. X user Amonyx labeled this as “insanely bullish” as it serves as “absolute proof of surging investor confidence.”

After recent developments, the official end of the legal battle between Ripple and the SEC seems only a formality, and the event is unlikely to cause any price fluctuations for XRP.

As such, investors have shifted their focus toward the potential launch of a spot XRP ETF in America, which could drive further interest in the asset and push its price up. Those curious to explore what has happened on that front can take a look at our dedicated article here.

Polymarket estimates that the approval odds before the end of 2025 stand at around 77%. So, who knows, maybe that’s what the whales have been filling their bags for. 

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Cryptocurrency

Ethereum Price Analysis: ETH Shows Early Signs Market Exhaustion After Rejection at $1,850

letizo News

Published

on

Ethereum is currently consolidating below a major resistance area after rejecting at the $1,850 zone. While the price is holding relatively stable, the momentum is weakening.

Open interest and funding data point to cautious optimism, but upside continuation depends on the buyers defending key short-term levels.

Technical Analysis

The Daily Chart

Following the aforementioned rejection at the supply zone, ETH has stalled in a consolidation area with diminishing momentum. The price is still trapped below both the 100-day and 200-day moving averages, which continue to slope downward, signaling bearish macro structure.

The recent rally from $1,500 was strong but lacked follow-through, and the price failed to close above the $1,900 zone. If ETH loses the $1,700 pivot, the next major support sits around $1,500K, which acted as the base of the prior reversal.

The 4-Hour Chart

The local structure has evolved into an ascending channel, with price currently dropping toward its lower boundary after failing to break the $1,800 resistance zone.

The rejection from the upper bound of the channel and the false breakout above resistance triggered a sharp pullback, suggesting buyer exhaustion. Now, ETH is retesting previous demand around $1,740, and if that breaks, a rapid decline toward the $1,500 level could be expected.

Sentiment Analysis

Funding rates remain mostly neutral, with a slight positive bias across exchanges. This reflects a lack of aggressive long exposure, which is healthy for future rallies but doesn’t signal immediate bullish conviction.

Open interest has picked up slightly over the last few days, suggesting renewed participation, but it’s still far from euphoric levels. As long as open interest builds while price compresses, there’s a higher risk of a liquidation event unless buyers step in with force.

On the other hand, ETH’s current funding rate structure suggests that most participants are still waiting on the sidelines. The absence of heavily skewed long or short positioning indicates the market is in balance, but vulnerable to rapid sentiment shifts.

If the asset continues to hover under resistance, aggressive traders may begin fading long setups, leading to downward pressure. However, any sudden upside breakout above the $1,900 area could catch the market off guard, triggering a wave of short covering. Until then, sentiment remains cautiously neutral with a slight bearish tilt in the short term.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Continue Reading

Cryptocurrency

Academic Labs Secures MEXC Listing Following Roadmap Update and Global Knowledge Chain Reveal

letizo News

Published

on

[PRESS RELEASE – Tortola, British Virgin Islands,, Singapore, May 6th, 2025]

Academic Labs, a leading on-chain knowledge sharing platform, has announced its token (AAX) will list on MEXC exchange on May 7th at 9:00 UTC, marking another significant milestone in its expansion strategy.

Recent Developments

The project recently unveiled two major initiatives: the upcoming Academic Labs AI Agents and the Global Knowledge Chain ecosystem. These announcements have generated substantial discussion across Web3 communities regarding the utility and potential of the AAX token.

The Global Knowledge Chain ecosystem extends beyond Academic Labs’ existing platforms (Wealth X Academy, AAX World, and gamified learning tools) to include upcoming releases such as DeFi trading bots and information markets powered by AAX tokens.

According to the project, AAX aims to tokenize information value. For example, in the context of DeFi, enabling users to purchase access to specialized trading data, such as insider wallet activities, sniper bot detetcion, and KOL behavior analysis not available on other platforms.

Moreover, the integration of the Global Knowledge Chain with the AAX learner ID will enable cross-platform functionality, supporting the development of Academic Labs AI Agents designed to enhance individual learning and information acquisition capabilities.

Strategic Roadmap

Earlier this year, Academic Labs launched its staking program and platform v3.0 updates. The project’s roadmap for H2 2025 outlines additional exchange listings, the AI Agents launch, and new platforms built on the Global Knowledge Chain ecosystem.

Market Impact

MEXC, a global cryptocurrency exchange with over 36 million users, marks the largest exchange collaboration to date for Academic Labs.

Previous listings have correlated with positive price action—the Bitpanda listing saw AAX achieve a 5x return from its all-time low, while the Gate.io debut drove a 15x increase from opening price.

The MEXC announcement has already generated significant interest within the crypto community and is expected to drive further price appreciation in the coming months. Combined with growing excitement surrounding the Academic Labs ecosystem, AAX staking, and airdrops, analysts anticipate potential long-term growth for the token as it continues to establish itself as a measure of information value in today’s digital economy.

The AAX token is currently tradable on Gate.io and Bitpanda, with the MEXC listing poised to expand access to 36 million additional users when trading commences.

About Academic Labs

Academic Labs is building the 1st Universal Database of Knowledge that empowers decentralized autonomous learning for AI agents that assist users in acquiring skills and knowledge, fostering consensus-based intelligence for all of human society. Through gamification, DAOs, and data interoperability, we offer a limitless, transparent, and personalized channel for sharing and learning various skills.

More About Academic Labs

Website: https://acad.live

Twitter: https://x.com/Acad_Labs

CoinMarketCap: https://coinmarketcap.com/currencies/academic-labs/

Trade Academic Labs ($AAX):

https://www.gate.io/trade/AAX_USDT

https://www.mexc.co/en-IN/exchange/AAX_USDT

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Trending

©2021-2024 Letizo All Rights Reserved