[Coinbase Advisory Board: Quantum Computing Threat Approaching, Crypto Industry Needs to Develop Response Plan] According to CoinDesk, a report commissioned by Coinbase's independent advisory board warns that the threat of quantum computing to the crypto industry is approaching, and the industry needs to start preparing now. The report, authored by cryptographers and scholars including Stanford University's Dan Boneh, Ethereum Foundation's Justin Drake, and Eigen Labs' Sreeram Kannan, concludes that while current blockchains remain secure, the future development of 'fault-tolerant quantum computers' capable of breaking widespread encryption is becoming increasingly feasible.