AI Threat: Web3 Told to Add Spending Caps and Circuit Breakers Onchain

European Union regulators warned that quantum computing threats could emerge earlier than commercial applications, urging financial entities to move away from legacy cryptography. An expert says protocols must replace vulnerable elliptic-curve proofs with hash-based STARKs and upgrade key wrapping immediately to protect sensitive long-term data. EU Regulators Issue Post-Quantum Cryptography Warning European Union regulators have […]

Source: https://news.bitcoin.com/security/ai-threat-web3-told-to-add-spending-caps-and-circuit-breakers-onchain/