# Institutional Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Institutional", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

The Wolf Is Really Coming? Quantum Computing Threat to Bitcoin Is 'No Longer Theoretical', Analyst: 20-50% of Bitcoin Has 'Security Risks'

The threat of quantum computing to Bitcoin is accelerating from theoretical to practical, with analysts warning that 20-50% of Bitcoin’s supply—amounting to 4 to 10 million BTC—is vulnerable to quantum attacks. Coinbase’s research head David Duong highlighted that 32.7% of Bitcoin (6.51 million BTC) is at risk due to weak cryptographic practices, such as address reuse. Institutional investors are reacting: Jefferies’ Christopher Wood removed Bitcoin entirely from his portfolio, reallocating to gold, citing quantum computing as an existential risk to Bitcoin’s value proposition. Quantum computers could break Bitcoin’s elliptic curve digital signature algorithm (ECDSA), potentially exposing private keys. While current quantum systems are far from the estimated 13 million qubits needed to crack Bitcoin’s encryption, experts disagree on the timeline—some say 5 years, others 20-40 years. The Bitcoin community faces a governance dilemma: whether to preemptively destroy vulnerable coins or risk large-scale theft. Developers are proposing quantum-resistant upgrades, but implementation could take 5-10 years. Despite the concerns, some institutions like Harvard and Morgan Stanley continue to increase Bitcoin exposure, reflecting divergent risk assessments. The market is already pricing in these fears, with Bitcoin underperforming gold significantly.

华尔街日报11h ago

The Wolf Is Really Coming? Quantum Computing Threat to Bitcoin Is 'No Longer Theoretical', Analyst: 20-50% of Bitcoin Has 'Security Risks'

华尔街日报11h ago

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