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Crypto

Strategy-led consortium to fund $15 million for Bitcoin quantum security

A consortium led by Strategy and joined by firms including BlackRock will provide a total of $15 million over the next three years to respond to quantum computing threats facing the Bitcoin network. Strategy announced the launch of the Bitcoin Security Consortium to support long-term quantum security for Bitcoin. The group, made up of financial institutions and Bitcoin-related companies, will use the funding to support developers working to protect the network.

Crypto

BlackRock says bitcoin quantum computer risk not a major worry

BlackRock says the quantum computing threat to bitcoin and other cryptocurrency networks is technically manageable. In a report titled \"Quantum Computing and Blockchain\", it said moving existing cryptography to quantum-resistant standards is easier than building a quantum computer capable of breaking it. BlackRock said the key challenge is coordination and implementation in decentralised networks. It also flagged potential vulnerabilities in bitcoin’s current structure and announced a bitcoin security consortium with Coinbase, Fidelity Digital Assets and Block.

Crypto

Bitcoin quantum discount hits 30 percent for first time; XRP back in profit zone, SHIB whales accumulate

Bitcoin posted a 30 percent “quantum discount” for the first time, putting quantum-computing risk at the center of market attention, even as U.S. spot bitcoin ETFs recorded $727 million of net inflows over the past five sessions. Concerns grew after Google Quantum AI assessed faster-than-expected progress on algorithms that could threaten secp256k1. Debate also persists over the BIP-110 upgrade. Altcoins showed recovery signals, while Shiba Inu saw whale accumulation.