Bitcoin quantum threat responseUpdate 7 of 13
Bitcoin Security Alliance Launches
BlackRock, Coinbase, and Strategy Form $15 Million Bitcoin Security Alliance to Address Quantum Threat
Growing quantum computing capabilities are forcing Bitcoin and the broader crypto industry to urgently plan and implement post-quantum cryptographic defenses.
BlackRock, Coinbase, Strategy, and six other institutions established the Bitcoin Security Alliance, pledging $15 million over three years to fund quantum-resistant Bitcoin development. Coinbase separately disclosed it is building post-quantum custody infrastructure with plans for an automated Bitcoin security upgrade. BlackRock published analysis stating crypto networks retain an advantage in addressing quantum threats if upgrades proceed promptly.
8 sources
- Strategy, Coinbase, BlackRock launch Bitcoin Security Consortium with $15M pledge · fxstreet.com · T2
- BlackRock Says Crypto Can Outrun the Quantum Threat — If It Moves Fast Enough · bitcoinmagazine.com · T2
- BlackRock, Coinbase and Strategy Pledge $15M to Quantum-Proof Bitcoin · decrypt.co · T1
- Coinbase develops post-quantum custody, plans automated upgrade for Bitcoin security · en.coin-turk.com · T2
- Michael Saylor rallies Wall Street to confront Bitcoin’s quantum threat · crypto.news · T2
- BlackRock says Bitcoin can outpace quantum computing risks with prompt upgrades · en.coin-turk.com · T2
- BlackRock: Crypto Networks Still Hold Advantage in Addressing Quantum Threats · panewslab.com · T2
- BlackRock, Coinbase and 7 other institutions establish Bitcoin Security Alliance, plan to provide $15 million in funding over three years · panewslab.com · T2