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"Experts question whether $20m crypto project has code to back up quantum computing claims"
Primary Source ↗Incident Details
A project called “Tsotchke” has convinced a lot of people to buy up its token based on claims that it uses “spin-based quantum computing” to “enable quantum-enhanced AI at room temperature”. However, cryptographers and quantum computer scientists have serious doubts about the claims made by the project’s anonymous developers. “[If they] just said it was an advanced random number generator, it would be moderately accurate”, remarked the CEO of a separate quantum/crypto crossover company. Another reviewer described the project as “primarily marketing language around a conventional PRNG.“Tsotchke’s developers have reacted as any reputable scientists would to those questioning their lofty claims: “Disrespect me again and you’re gone”, threatened someone in charge of the project’s Twitter account.
Technical Details
- Initial Attack Vector
- AI-assisted attack or AI-generated exploit
- Vendor / Product
- Tsotchke Twitter profile picture
Timeline
- 2025-01-30 Breach occurred
- 2025-01-30 Publicly disclosed