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Migrating Bitcoin to post-quantum may 'easily' take 5-10 years: Crypto exec

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "Midnight through hybrid apps, and if Cardano's first to upgrade, Cardano apps utilizing Midnight, will be able to get all kinds of new users and experiences. Private prediction markets, DEXes, and stablecoins." $NIGHT

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "Midnight is not about Midnight. Midnight is about bringing the industry together. Midnight is about doing things differently, a return to first principles, and every person who touches it, they get better." $NIGHT

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "this is the last generation that will solve the crypto problem, bring retail, unify marketplaces, and get rid of DeFi and TradFi—and just be Fi. We have all the relationships, partnerships, and hybridization of technology."

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "Midnight is the platform for intents, hybrid applications, capacity exchange, dual tokenomics, multi-resource consensus. Yes, there's snarks, rollups, recursion, and folding, but it's about real-world applications." $NIGHT

Charles Hoskinson said post-quantum cryptography was standardized in 2024 by the National Institute of Standards and Technology, but warned that without hardware acceleration it could reduce blockchain performance by roughly an order of magnitude. He added that the key issue is

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BIG: Klarna taps Coinbase to raise USDC from institutions, pulling stablecoins into its funding stack.