Europol warns Bitcoin and Ethereum of urgent quantum computing threat
- —Europol says technical action must start now, not remain a theoretical debate
- —Roughly 30% of BTC is held on addresses with publicly exposed keys
- —2029 is cited as the quantum threat deadline, and AI could shorten it
- —Recommended stopgap: move BTC and ETH to wallets with undisclosed keys
Why it matters: Mass wallet compromise would destroy trust in BTC and ETH, making migration to quantum-resistant addresses a priority.
Source: Block-Builders