Nearly 10% of Bitcoin supply is ‘structurally unsafe’ from quantum breakthrough: Glassnode

CoinTelegraph5h agoUpdated 3h ago
Nearly 10% of Bitcoin supply is ‘structurally unsafe’ from quantum breakthrough: Glassnode
Smart Read

Glassnode warns 10% of Bitcoin supply—1.92 million BTC—faces quantum computing vulnerability due to public key exposure in legacy outputs and Taproot addresses. The analysis highlights Satoshi Nakamoto's 1.1 million coins among at-risk holdings. While quantum breakthrough remains years away, requiring advanced cryptography, experts recommend adopting BIP-360 and improving address hygiene to mitigate future threats for Indian hodlers.

Coins in this story

Part of narrative
Stablecoins

Explore how Stablecoins is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

Why Trump's bitcoin ETF plans likely collapsed before getting off the ground
CoinDesk3h ago60-word brief

Why Trump's bitcoin ETF plans likely collapsed before getting off the ground

Trump Media scrapped its Truth Social bitcoin and ethereum ETF plans after withdrawing SEC filings, citing a crowded market with fees collapsing to 14 basis points. Analysts blame weak demand—the firm's existing ETFs attracted just $30 million—and fierce competition from major players like Morgan Stanley. The withdrawal signals challenges for new entrants in the saturated spot bitcoin ETF space.

Crypto Long & Short: Bitcoin-backed loans belong in the cost-of-capital conversation
CoinDesk3h ago60-word brief

Crypto Long & Short: Bitcoin-backed loans belong in the cost-of-capital conversation

Bitcoin-backed loans are emerging as a legitimate capital-efficiency tool, not merely a crypto story. Offering competitive 5.5% rates with lower fees than HELOCs or hard money, they appeal to BTC-holding professionals managing existing debt. However, volatility risk demands conservative sizing and investor sophistication. Meanwhile, stablecoins are becoming critical settlement infrastructure for emerging markets struggling with cross-border payment friction.

Tether Tightens Grip on Bitcoin Treasury Firm Twenty One With SoftBank Buyout
Decrypt4h ago60-word brief

Tether Tightens Grip on Bitcoin Treasury Firm Twenty One With SoftBank Buyout

After dropping nearly $1 billion on the Bitcoin treasury firm co-founded by Tether, Japanese investment firm SoftBank has been bought out....

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.