Yoon Auh of BOLTS Technologies cautioned that even false claims about quantum threats could trigger a major crypto sell-off, similar to the $19 billion liquidation, after Trump’s tariff announcements recently.
Researchers estimate that it would take 2,000–3,000 logical qubits to break Bitcoin’s elliptic-curve encryption, a level of quantum capability not expected until the 2030s.
Discussions around the quantum computing threats to Bitcoin have once again started surfacing, with experts debating again on how soon it could break the BTC blockchain network.
Recent breakthroughs from Google, Caltech, and IBM have revived discussions about the potential arrival of “Q-Day,” i.e., when the point is reached at which quantum computers could break the cryptographic systems that secure Bitcoin and decentralized finance (DeFi), as reported by CNF.
Panic Spreads Faster Than Quantum Threats, Triggering Bitcoin Crash
Despite the threats of quantum computing coming to the surface, crypt
