PANews
PANews|Jul 07, 2026 14:55
[Bloomberg: Quantum Computing Poses Potential Risk to Approximately 34% of Existing Bitcoin] According to Bloomberg, quantum computing is seen as a new threat capable of breaking the cryptographic algorithms of cryptocurrencies like Bitcoin. Quantum computers are expected to far surpass traditional computers in solving complex mathematical problems, theoretically enabling the derivation of private keys from public keys, thereby stealing on-chain assets. Early address formats and wallets that reuse addresses are at the highest risk. Galaxy Digital research estimates that approximately 34% of circulating Bitcoin, valued at around $470 billion, could become targets of quantum attacks in the future. Coinbase has already established an advisory board, and Michael Saylor's Strategy has also launched related risk projects.
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