Illustration of Bitcoin quantum computing risks focusing on exchange wallets and protective solutions.
Illustration of Bitcoin quantum computing risks focusing on exchange wallets and protective solutions.
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Bitcoin quantum risks concentrate on exchange wallets, data shows

Picha iliyoundwa na AI

New analysis reveals that over 30 percent of Bitcoin's supply sits in wallets vulnerable to future quantum attacks, with exchanges holding a disproportionate share of the exposure. A startup has proposed a soft-fork solution to protect even dormant holdings, including Satoshi Nakamoto's estimated 1.1 million coins.

Blockchain analytics firm Glassnode reported that 6.04 million bitcoin, or 30.2 percent of the circulating supply, reside in addresses where public keys have already been exposed on the blockchain. The firm identified exchanges as the primary concentration point, noting that roughly half of all bitcoin held by labeled trading platforms falls into this category compared with less than 30 percent of non-exchange supply.

Watu wanasema nini

Initial reactions on X focus on Glassnode data showing significant Bitcoin exposure to quantum risks in exchange wallets and dormant holdings including Satoshi's, with users noting the disproportionate impact on exchanges. Opinions range from calls for caution due to added uncertainty, to viewing the proposed soft-fork protection for vulnerable coins as forward-thinking and potentially genius, though some express mild skepticism about its flawless implementation.

Makala yanayohusiana

Illustration of a hacked Polymarket wallet showing $520,000 being drained on the Polygon blockchain.
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Polymarket internal wallet drained of over $500,000

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A private key compromise led to a drain of more than $520,000 from a Polymarket-linked wallet on the Polygon blockchain on May 22. The prediction market platform confirmed that user funds and core contracts remained unaffected.

A group of leading cryptographers convened by Coinbase has called for Bitcoin to begin preparing for potential quantum attacks, while refusing to take a stance on whether vulnerable coins should be frozen.

Imeripotiwa na AI

Crypto companies are updating their wallets to guard against potential quantum computing risks to major networks like Bitcoin and Ethereum.

North Korea-linked hackers stole roughly 60 percent of all cryptocurrency losses from hacks worldwide in 2025, amounting to about $2.06 billion, according to blockchain security firm CertiK.

Imeripotiwa na AI

Bitcoin's blockchain shows its strongest activity since late 2024, driven by a surge in small transactions even as the price remains under pressure.

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