Latest news with #EllipticCurveCryptography
Yahoo
6 hours ago
- Business
- Yahoo
SEALSQ to Present at the Sidoti Small Cap Conference on June 11-12
Geneva, Switzerland, June 09, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced that its management team will be presenting at the Sidoti Small Cap Conference (virtual event) on June 11 and 12. SEALSQ's main presentation is scheduled for June 12 at 10am ET. Investors can access the live presentation via Management will also be available for one-on-one meetings with investors both days. About SEALSQ:SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking StatementsThis communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@
Yahoo
3 days ago
- Business
- Yahoo
Why Core Scientific Inc. (CORZ) Skyrocketed Today
We recently published a list of . In this article, we are going to take a look at where Core Scientific Inc. (NASDAQ:CORZ) stands against other Wednesday's best-performing stocks. Core Scientific extended its winning streak to a third consecutive day on Wednesday, jumping 6.44 percent to end at $12.56 apiece as investors continued to load up portfolios while digesting the potential impact of a new lawsuit against the company. Scientific researchers in laboratory coats working on a biopharmaceutical project. According to a report by Cointelegraph, Malikie Innovations—a company that hoarded thousands of patents from Blackberry in 2023—sued Bitcoin miners Core Scientific Inc. (NASDAQ:CORZ) and MARA Holdings Inc. for using their Elliptic Curve Cryptography (ECC), which it claims to own. According to Malikie, the two firms are using ECC-based cryptographic methods covered under the Malikie-held patents to support their Bitcoin mining operations. What particularly buoyed sentiment was a lawyer's optimistic comment that the lawsuit is unlikely to hit individual Bitcoin traders even if the patents are found to be valid. Core Scientific Inc. (NASDAQ:CORZ) and MARA Holdings Inc. have yet to address allegations. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Why Core Scientific Inc. (CORZ) Skyrocketed Today
We recently published a list of . In this article, we are going to take a look at where Core Scientific Inc. (NASDAQ:CORZ) stands against other Wednesday's best-performing stocks. Core Scientific extended its winning streak to a third consecutive day on Wednesday, jumping 6.44 percent to end at $12.56 apiece as investors continued to load up portfolios while digesting the potential impact of a new lawsuit against the company. Scientific researchers in laboratory coats working on a biopharmaceutical project. According to a report by Cointelegraph, Malikie Innovations—a company that hoarded thousands of patents from Blackberry in 2023—sued Bitcoin miners Core Scientific Inc. (NASDAQ:CORZ) and MARA Holdings Inc. for using their Elliptic Curve Cryptography (ECC), which it claims to own. According to Malikie, the two firms are using ECC-based cryptographic methods covered under the Malikie-held patents to support their Bitcoin mining operations. What particularly buoyed sentiment was a lawyer's optimistic comment that the lawsuit is unlikely to hit individual Bitcoin traders even if the patents are found to be valid. Core Scientific Inc. (NASDAQ:CORZ) and MARA Holdings Inc. have yet to address allegations. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Google Warns Quantum Computers Could Crack Bitcoin-Like Encryption 20 Times Faster Than Expected
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. New research by Google suggested that RSA encryption, a critical security feature used in securing Bitcoin (CRYPTO: BTC), may be more susceptible to quantum computing attacks than previously anticipated. What Happened: Google Quantum AI researcher Craig Gidney published a new paper indicating that RSA encryption could be broken with 20 times fewer quantum resources than previously estimated. 'We published a preprint demonstrating that 2048-bit RSA encryption could theoretically be broken by a quantum computer with 1 million noisy qubits running for one week. This is a 20-fold decrease in the number of qubits from our previous estimate,' Gidney wrote in a blog post. Don't Miss: Trade crypto futures on Plus500 with up to $200 in bonuses — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – unlock the power of alternative investments including a Crypto IRA within your retirement account. A qubit is the basic unit of information used to encode data in quantum computing, serving as the foundation upon which quantum algorithms are built. The study did not specifically mention Bitcoin or other cryptocurrencies. However, the Elliptic Curve Cryptography algorithm, which secures transactions on Bitcoin with public and private keys, is similar in principle to the RSA. While Elliptic Curve Cryptography is currently secure against classical computers, a strong enough quantum computer could effectively crack it in the years to come, according to a previous study. Why It Matters: Concerns over Bitcoin's cryptography have increased with the release of Google's next-generation quantum chip, "Willow,' last year. This chip can solve a standard benchmark computation in under five minutes, a task that would take the world's fastest supercomputers 10 septillions, or 10^25, years to solve. While some experts ruled out immediate dangers, others advocated for proactive measures to prepare for the threat, such as switching to quantum-resistant algorithms. A study led by the University of Kent's School of Computing suggested that Bitcoin might need to undergo a costly and time-consuming update process to counter the threat from quantum computing in the future. Read Next: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase. A must-have for all crypto enthusiasts: Sign up for the Gemini Credit Card today and earn rewards on Bitcoin Ether, or 60+ other tokens, with every purchase. Photo Courtesy: Wirestock Creators on Shutterstock Send To MSN: Send to MSN This article Google Warns Quantum Computers Could Crack Bitcoin-Like Encryption 20 Times Faster Than Expected originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-04-2025
- Business
- Yahoo
SEALSQ Announces Agenda of its 2025 Annual General Meeting of Shareholders
Geneva, Switzerland, April 30, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp ('SEALSQ' or 'the Company') (NASDAQ: LAES), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, is pleased to announce that its 2025 Annual General Meeting ('AGM') of Shareholders will be held on May 19, 2025, at 09:00 a.m. Eastern Standard Time. The meeting will take place in person at Studio Gather, at 45 Rockefeller Plaza, 27th Floor, New York, New York 10020. The SEALSQ Board of Directors recommends that shareholders approve the re-election of the current seven board members (five of whom will be non-executive directors), each for a one-year term extending until the conclusion of the 2026 AGM: Ruma Bose (non-executive) Cristina Dolan (non-executive) David Fergusson (non-executive) Joao Carlos Creus Moreira (executive) John O'Hara (executive) Eric Pellaton (non-executive) Peter Ward (non-executive) The SEALSQ Board of Directors further recommends that shareholders approve the election of a new member to the company's Board of Directors as a non-executive director, for a one-year term extending until the conclusion of the 2026 AGM: Hossein Rahnama (non-executive) The Company believes that the election and re-election of these board members will continue to provide strong leadership and guidance to drive the Company's future success. At the AGM, the Board of Directors will provide shareholders with a comprehensive overview of SEALSQ's recent financial and operational performance, including key financial metrics and strategic initiatives. Additionally, the Board of Directors will outline the outlook of the Company, discuss growth prospects, market trends, and strategic objectives to ensure sustained value creation for shareholders. Shareholders as of April 25, 2025 ('the Record Date') will be entitled to attend and vote either in-person at the AGM, or by giving electronic or written voting instructions to their independent voting rights representative. Further details about the AGM, including proxy materials, voting instructions and reply card, will be provided to shareholders listed in the share register as having voting rights as of the Record Date. With this card, shareholders may appoint a proxy or vote at the AGM. About SEALSQ:SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking StatementsThis communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@
