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Coinbase urges urgent quantum-resistant shift, warning 7 million bitcoin could be at risk

Major blockchains such as Bitcoin and Ethereum should immediately begin preparations to migrate to quantum-resistant systems, a Coinbase advisory group warned in a new report. The group said handling coins not moved to quantum-resistant addresses is the key issue, estimating about 7 million bitcoin could be vulnerable in the future. It outlined options including freezing or burning coins after a deadline, user choice, and compromise measures, while noting concerns about forced burns and property rights.