Crypto
Institutional Giants Pour $15M into Securing Bitcoin from Quantum Threat
A consortium of nine institutional heavyweights has pledged $15 million to quantum-proof Bitcoin's network over the next three years.
The funding initiative, led by BlackRock, Coinbase, and Strategy, aims to fortify Bitcoin against potential attacks from powerful quantum computers.
The technical challenge of migrating Bitcoin to post-quantum cryptography is immense, requiring complex address migrations and wallet upgrades.