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Binance's CZ proposes freezing Satoshi's 1.1M bitcoins amid quantum computing risks, sparking debate.

Market News
04 Jul 2026
Coindesk
View Source
Neutral
Binance's CZ proposes freezing Satoshi's 1.1M bitcoins amid quantum computing risks, sparking debate.

Binance founder Changpeng Zhao suggested freezing the estimated 1.1 million bitcoins owned by Bitcoin's creator Satoshi Nakamoto if quantum computers threaten Bitcoin's cryptography and the coins remain unmoved. This proposal aims to prevent potential theft but has divided experts. Critics argue it violates Bitcoin's permissionless nature and doubt consensus could be reached, while others focus on preparing Bitcoin for a post-quantum future through cryptographic upgrades or legal trusts. The debate remains theoretical as practical quantum-resistant solutions are still in development.

More News (BTC)

Bitcoin dips below $82K amid altcoin losses and macroeconomic pressures

Bitcoin dips below $82K amid altcoin losses and macroeconomic pressures

On October 20, 2026, Bitcoin traded at $81,382, down 1.6% in 24 hours and nearly 7% year-to-date, facing resistance around $82,000. Altcoins like Ethereum, XRP, Dogecoin, and Cardano have seen sharper declines, some losing over 30% this year. The cry...

Market News
Bearish
4 hours ago
Justin Sun grows bearish on Bitcoin due to AI and quantum risks; Arthur Hayes disagrees on urgency.

Justin Sun grows bearish on Bitcoin due to AI and quantum risks; Arthur Hayes disagrees on urgency.

Justin Sun, founder of Tron, expressed increased bearishness on Bitcoin, citing advances in AI and quantum computing that could break Bitcoin's cryptography faster than expected. He doubts Bitcoin's network can upgrade quickly enough to address these...

Market News
Neutral
4 hours ago
DePIN sector drops 1.09% as Filecoin falls; AI and Layer2 sectors gain amid mixed crypto moves

DePIN sector drops 1.09% as Filecoin falls; AI and Layer2 sectors gain amid mixed crypto moves

The DePIN sector declined by 1.09% over 24 hours, led by a 2.58% drop in Filecoin (FIL), reflecting losses across several token groups including PayFi, Layer1, and DeFi. Notably, Bedrock Token (BR) surged 47.68% despite the overall DeFi decline. Majo...

Market News
Neutral
4 hours ago
Bitcoin and Ether dip about 1% while AI tokens and some sectors gain amid mixed crypto moves

Bitcoin and Ether dip about 1% while AI tokens and some sectors gain amid mixed crypto moves

Bitcoin fell nearly 1% but remained above $81,000, while Ether dropped just over 1% trading below $2,400. Despite these declines, the AI token sector rose 0.83%, with notable gains in Quack AI (+15.51%) and Worldcoin (+9.27%). Other sectors showed mi...

Market News
Neutral
4 hours ago
Quant price struggles near $195; risks deeper losses if support breaks amid rising Bitcoin dominance.

Quant price struggles near $195; risks deeper losses if support breaks amid rising Bitcoin dominance.

Quant's price has fallen from nearly $300 to around $195, facing strong downward pressure and weak buying volume. The key support zone is $191-$195; holding this could allow a test of $200 and potentially $220 resistance. However, declining trade vol...

Technical Signals
Bearish
5 hours ago
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