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Coinbase warns of quantum risk: Is crypto prepared for a slow-moving security crisis?

Coinbase warns of quantum risk: Is crypto prepared for a slow-moving security crisis?

Quantum computing is no longer a distant theory, as early signals now suggest crypto holders may soon face a silent race to secure their funds.

The Coinbase advisory board has now noted that a quantum computer capable of breaking encryption remains over a decade away.

Source: Coinbase

As the picture became clearer, attention shifted toward the “harvest now, decrypt later” risk model. This means exposed keys today may become targets once quantum capability arrives.

Around 6.9 million Bitcoin [BTC], or 32% of the supply, already sits in exposed wallets.

This creates uneven risk, where older wallets face higher vulnerability. As a result, holders may need to migrate funds within a proposed three-year window, which may reshape…

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