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Binance's CZ proposes freezing 1M inactive Bitcoin post-quantum upgrade to prevent theft risks.

Market News
20 Jun 2026, 12:31 WIB
Crypto news
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Neutral
Binance's CZ proposes freezing 1M inactive Bitcoin post-quantum upgrade to prevent theft risks.

Binance founder Changpeng Zhao suggested freezing up to 1 million Bitcoin believed to be linked to Satoshi Nakamoto if those coins remain unmoved after a future upgrade to quantum-resistant cryptography. This proposal aims to protect dormant coins from potential quantum computer attacks that could steal them, which would unfairly redistribute Bitcoin ownership. However, the Bitcoin community is divided, with some opposing freezing inactive coins due to property rights concerns and the principle of immutability. Any change would require broad consensus from the Bitcoin network.

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