In today's episode, we explore Texas's bold move to establish a state-level Bitcoin reserve with the advancement of Senate Bill 21. We also delve into Google Quantum AI's warning about the potential for quantum computers to break Bitcoin's cryptography sooner than expected. Additionally, we cover the $223 million hack of the Cetus Protocol on Sui, highlighting ongoing security challenges in the cryptocurrency industry. Join us for these stories and more on Simply News Radio.

Sources:

https://www.axios.com/local/houston/2025/05/28/strategic-bitcoin-reserve-bill-clears-hurdle-in-texas-legislature

https://legiscan.com/TX/text/SB21/id/3235485

https://coingeek.com/us-lawmakers-of-the-texas-house-pass-bitcoin-reserve-bill/

https://cointelegraph.com/news/texas-governor-bitcoin-reserve-law

https://dig.watch/updates/texas-moves-closer-to-creating-a-bitcoin-reserve

https://cointelegraph.com/explained/blackrock-issues-rare-warning-is-bitcoins-future-at-risk-from-quantum-tech

https://www.benzinga.com/markets/cryptocurrency/25/05/45613248/google-warns-quantum-computers-could-crack-bitcoin-like-encryption-20-times-faster-than-expected

https://www.coinspeaker.com/bitcoin-encryption-faces-growing-risks-of-quantum-computing/

https://cybernews.com/tech/quantum-claims-google-20-times-easier-crack-bitcoin/

https://www.ainvest.com/news/bitcoin-faces-quantum-threat-years-earlier-expected-2505/

https://www.tradingview.com/news/newsbtc:1cca3bbe7094b:0-10-million-fix-sui-network-moves-fast-after-cetus-exploit-scare/

https://cointelegraph.com/news/dedaub-cetus-hack-post-mortem

https://www.bleepingcomputer.com/news/security/hacker-steals-223-million-in-cetus-protocol-cryptocurrency-heist/

https://www.scworld.com/brief/almost-223m-pilfered-in-cetus-crypto-heist

https://www.halborn.com/blog/post/explained-the-cetus-hack-may-2025