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Coinbase says Bitcoin needs years to secure against quantum computer threats.

Market News
14 Oct 2026
24/7 Wall Street
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Neutral
Coinbase says Bitcoin needs years to secure against quantum computer threats.

Coinbase has released a roadmap indicating it could take years to upgrade Bitcoin's cryptography to resist future quantum computer attacks. While no quantum computer currently exists to break Bitcoin's security, some Bitcoin addresses with exposed public keys are vulnerable in theory. Coinbase emphasizes a flexible, phased approach to implementing quantum-resistant solutions to avoid disrupting users and maintain Bitcoin's decentralized nature. For now, Bitcoin remains safe, but the transition to quantum-proof security is a long-term challenge requiring consensus among the Bitcoin community.

Coinbase Global, Inc. (COIN) is trading at USD 179.20 as of Oct 14, 2026 19:51 WIB, down 1.42% for the day on Pluang. This price is closer to its 52-week low of USD 141.09 than its 52-week high of USD 361.43, reflecting a significant range in market valuation over the past year. The news about Bitcoin's long-term quantum security challenges contrasts with Coinbase's current market position, where investor activity shows a 60% buy interest against 40% sell on Pluang, indicating cautious optimism despite the technical hurdles ahead.

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