Crypto Projects Prep for Quantum Computing Threats

The cryptocurrency space is gearing up for potential threats from quantum computing, and several projects are taking steps to ensure their security.

Starknet is one of them, with plans to upgrade its technology to achieve full quantum resistance.

This comes as IBM's CEO Arvind Krishna expects quantum computing to significantly impact revenue by 2028 or 2029, with a projected $1 trillion in earnings.

In related news, Coinbase has launched a post-quantum custody system called PQ-CoreKMS, designed to protect 99.9% of the assets under its care.

Galaxy is also investing heavily in quantum safety research, pledging $5 million towards developing post-quantum solutions for Bitcoin by 2030.