Coinbase says quantum computing isn’t an immediate threat to Bitcoin, but it’s pushing the industry to prepare anyway. A new Bitcoin Security Consortium will coordinate post-quantum planning, from protocol research to stronger key management, before the problem stops being theoretical.
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Coinbase CEO Brian Armstrong says quantum computing is a real long-term threat to Bitcoin’s cryptography, not sci-fi hype, and Coinbase is preparing for post-quantum security now. The risk isn’t an instant network collapse — but waiting until the last minute could be a clown show.
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BIP-361 puts Bitcoin’s quantum dilemma on a clock, proposing a staged move to quantum-safe wallet security before today’s signature schemes become a real target. The plan aims to reduce future theft risk, but it also raises ugly questions about coordination, deadlines, and old coins.
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Nine Bitcoin-linked firms have formed a $15 million consortium to fund quantum-resistant research, with post-quantum cryptography as the first priority. Bitcoin isn’t broken today, but the group says preparing for a long-term cryptographic threat beats waiting for a nasty surprise.
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A new Bitcoin Security Consortium is launching with $15 million in pledged support to fund post-quantum cryptography research and long-term defenses against future quantum threats. The group says it will back security work without trying to control Bitcoin’s protocol.
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Galaxy is putting up to $5 million behind Bitcoin’s post-quantum defenses, backing research, upgrade planning, and wallet migration tools before quantum computing becomes a real threat. The risk isn’t immediate, but Bitcoin’s slow governance could make a future fix messy.
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Bitcoin Faces Quantum Risk as Coinbase Council Warns of 7 Million BTC Exposure Bitcoin’s long-term threat may not be a regulator, a rival chain, or some influencer’s latest moon-boy nonsense. It may be quantum computing — a future machine class that could one day crack today’s cryptography and turn old BTC ownership rules into a […]
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Ethereum researchers are proposing SPHINCS-, a post-quantum signature scheme designed to work on the EVM without protocol changes. It is a serious attempt to make quantum-resistant wallet security practical before the quantum boogeyman stops being a theory and starts wrecking signatures. SPHINCS-: stateless post-quantum signature scheme for Ethereum wallets Uses KECCAK256 instead of SHAKE256 for […]
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Quantum computing is still more lab-coat than street-level threat, but Coinbase says the crypto industry needs to start preparing now before today’s wallet security assumptions get left in the dust. Post-quantum security: the next major upgrade path for Bitcoin and crypto wallets Private keys at risk: digital signatures are the weak point, not the blockchain […]
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Circle is preparing USDC and its upcoming Arc blockchain for a threat that is still theoretical, but too dangerous to ignore: quantum computers that could one day break today’s standard cryptography. The move is sensible, overdue, and a bit of a wake-up call for an industry that loves decentralization right up until it has to […]
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