Why BlackRock Added “Quantum Risk” to Its Bitcoin ETF Docs: Experts Weigh In
- BlackRock’s Bitcoin ETF filing cites quantum computing as a potential risk to BTC security.
- Experts suggest quantum threat to Bitcoin is decades away; disclosure likely SEC compliance.
- Bitcoin price holds above $103K; BTC Core developers actively work on quantum resistance.
BlackRock’s recent Bitcoin ETF filing has brought on a talking point within the crypto market: the inclusion of “quantum computing” as a potential risk to Bitcoin’s (BTC) long-term security.
This risk disclosure by the institutional giant comes as Bitcoin trades robustly, recently surging past $105,000 before a slight correction to around $103,000, well above the $100,000 milestone.
The BlackRock note has also reignited industry-wide discussions about the cryptographic threat posed by quantum technology to foundational systems like Bitcoin’s wallet architecture and signature algorithms.
BlackRock’s Quantum Risk Disclosure: A Mainstream Finance First
BlackRock’s mention of quantum computing in its Bitcoin ETF filing is undoubtedly a first in mainstream finance.
On paper, it sounds alarming: if quantum computers reach sufficient scale and fault-tolerance, they could br…
The post Why BlackRock Added “Quantum Risk” to Its Bitcoin ETF Docs: Experts Weigh In appeared first on Coin Edition.
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Why BlackRock Added “Quantum Risk” to Its Bitcoin ETF Docs: Experts Weigh In
- BlackRock’s Bitcoin ETF filing cites quantum computing as a potential risk to BTC security.
- Experts suggest quantum threat to Bitcoin is decades away; disclosure likely SEC compliance.
- Bitcoin price holds above $103K; BTC Core developers actively work on quantum resistance.
BlackRock’s recent Bitcoin ETF filing has brought on a talking point within the crypto market: the inclusion of “quantum computing” as a potential risk to Bitcoin’s (BTC) long-term security.
This risk disclosure by the institutional giant comes as Bitcoin trades robustly, recently surging past $105,000 before a slight correction to around $103,000, well above the $100,000 milestone.
The BlackRock note has also reignited industry-wide discussions about the cryptographic threat posed by quantum technology to foundational systems like Bitcoin’s wallet architecture and signature algorithms.
BlackRock’s Quantum Risk Disclosure: A Mainstream Finance First
BlackRock’s mention of quantum computing in its Bitcoin ETF filing is undoubtedly a first in mainstream finance.
On paper, it sounds alarming: if quantum computers reach sufficient scale and fault-tolerance, they could br…
The post Why BlackRock Added “Quantum Risk” to Its Bitcoin ETF Docs: Experts Weigh In appeared first on Coin Edition.
Read More
Bahrain’s Al Abraaj Group Adopts Bitcoin for Corporate Treasury with 10X Capital