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Coinbase Chief Sees Quantum, Not AI as The Biggest Threat to Crypto

Coinbase Chief Sees Quantum, Not AI as The Biggest Threat to Crypto

Insider Brief

  • Coinbase CEO Brian Armstrong said quantum computing poses a greater long-term threat to cryptocurrency security than AI and called for preparations against future attacks.
  • Coinbase is upgrading its custody infrastructure, while Armstrong urged blockchain networks to adopt quantum-resistant security.
  • Google researchers modeled a future quantum attack that could recover a private key in about nine minutes under specific assumptions, following advance preparation.
  • Image: Photo by PiggyBank on Unsplash

An argument is forming that artificial intelligence may be a bigger threat right now than the ominous introduction of future cryptographically relevant quantum computers.

Coinbase Global Inc. CEO Brian…

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