White House Unveils $215M Quantum Plan Amid Bitcoin Encryption Fears
- —DOE's Quantum Genesis Q Competition offers up to $215 million, with a $100 million prize pool for reaching 100 logical qubits
- —Nvidia pledged $1 billion, AMD $500 million and OpenAI $200 million in AI tools for 15 federal agencies
- —Europol published two reports on quantum threats to crypto and urged developers to prepare security upgrades
- —Applications are open until Oct. 19, 2026, and part of the funding still needs congressional approval
Why it matters: Quantum threats to Bitcoin and Ethereum's ECDSA signatures are moving from theory into government policy, accelerating post-quantum development.
Source: CoinCodex