Coinbase, holding 5% of all bitcoin, warns that quantum computers could soon crack Bitcoin's current security, risking wallet theft. They recommend immediate adoption of flexible post-quantum cryptography, staged migration for wallets, and robust implementations that support both individual users and institutions. Coinbase also highlights the need to separately address dormant wallets and lost coins to avoid delaying broader quantum protections. The goal is to ensure Bitcoin remains secure well before quantum computers capable of breaking current cryptography emerge, possibly by 2029.
Coinbase and its concerns about quantum computing and Bitcoin security provide context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, 32 of 50 priced assets rose while 17 fell. Notable movers include CAKE at Rp42.031 with a 2.15% increase and an 83% buy order activity, FTM at Rp11.382 down 2.05%, and UNI at Rp133.485 up 2.02% with a 96% buy order activity, as of Oct 14, 2026 11:41 WIB.
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