bitcoinist.com (nprofile…x94c)
✍️ BlackRock, a leading asset manager, has added a warning about quantum computing to its iShares Bitcoin Trust filing, citing the potential risk of ultra-powerful machines cracking the math securing Bitcoin.
👉 BlackRock adds warning about quantum computing to its iShares Bitcoin Trust filing
👉 Potential risk of ultra-powerful machines cracking the math securing Bitcoin
👉 Company notes that if quantum processors become strong enough, they could decrypt private keys and put wallet security in jeopardy
👉 Crypto world has been on high alert since last December's quantum computing advancements
👉 ETF inflows have reached records, with over $41 billion in net inflows since January
#PaoloArdoino #WillyWoo #EricBalchunas #technology
quotingbitcoinist.com (nprofile…x94c)
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BlackRock has added a warning about quantum computing to its iShares Bitcoin Trust (IBIT) filing. Based on reports, the asset manager sees a future risk that ultra-powerful machines might crack the math securing Bitcoin. This is the first time BlackRock has flagged this concern in its spot Bitcoin ETF paperwork. Related Reading: Bitcoin Blast: Strategy […]
https://bitcoinist.com/quantum-threat-blackrock-flags-future-risk-in-bitcoin-etf-filing/