Search results for Dormant assets
Crypto
30 percent of bitcoin at risk of quantum exposure, Glassnode says address reuse key
About 30.2 percent of issued bitcoin is stored in addresses at risk of quantum exposure, with a larger share stemming from how users and custodians manage addresses rather than from protocol structure, according to an estimate cited in a report. Glassnode put quantum-exposed bitcoin at 4.12 million BTC, more than twice the 1.92 million BTC it classified as structurally exposed due to older script types. Exchange wallets were singled out as a major source of operational exposure.
Crypto
Debate grows over freezing 5.6 million dormant bitcoins
A debate over bitcoins that have not moved for more than 10 years is spreading across the market, as some propose freezing vulnerable coins to prepare for quantum computer threats. The dispute centers on about 5.6 million BTC in long-dormant assets. Supporters cite pre-emptive security, while critics warn it could set a precedent for censorship and weaken property rights principles. Some say it could shake institutional investment assumptions and trigger sharp repricing.
Crypto
A 1.4 million won bitcoin buy in 2010 would be worth over 1 trillion won today
Bitcoin is trading around $68,000, stirring renewed interest in early investment returns. BeInCrypto reported that in mid-2010 bitcoin traded near $0.08, meaning a $1,000 investment could have bought about 12,500 BTC, now worth about $861.25 million. Attention has also turned to estimates that Satoshi Nakamoto mined 600,000 to 1.1 million BTC and to recent transfers to the bitcoin genesis address.