Quantum computing could break Bitcoin's security by 2030, risking billions in crypto assets.

A new report warns that quantum computing poses a serious threat to Bitcoin and other cryptocurrencies, potentially breaking their cryptographic security as early as 2030—two years earlier than previous estimates. This risk endangers billions in assets, including 6.9 million BTC and 65% of ETH, due to slow blockchain governance and lack of safety nets like those in centralized systems. While the internet has largely adopted quantum-resistant encryption, blockchain upgrades remain slow, raising concerns about preparedness. Developers and communities are urged to accelerate efforts to implement quantum-resistant cryptography to protect digital assets from future quantum attacks.