Crypto

Coinbase urges crypto industry to prepare for quantum computing threat in first position paper

Coinbase has issued its first official position paper urging the cryptocurrency industry to take early action against threats posed by quantum computing. Its independent advisory board warned that while digital assets are safe today, quantum computers capable of breaking blockchain cryptography will eventually emerge. The board identified wallet-level signatures as the biggest weak point, citing migration costs and coordination challenges, and flagged risks from lost keys and inactive wallets that may not upgrade.

Crypto

Ethereum long-term outlook still bold even after cut to $250,000

Ethereum think tank Etherealize projected a long-term price target of $250,000 for ether, down from its earlier $740,000 estimate but still implying a sharp rise from around $2,300. It said ether could combine store-of-value characteristics with yield through staking under proof of stake. It argued that if ether gained a monetary premium comparable to gold and bitcoin, the price could exceed $250,000 based on 121 million ETH in circulation.