Coinbase has now formalized its internal strategy for implementing post-quantum cryptographic algorithms to secure its platform against future hardware threats.
Source: https://www.coinbase.com/blog/what-coinbase-is-doing-to-prepare-for-post-quantum-cryptography
BlackRock and Coinbase are among the organizations pledging $15 million to a new initiative focused on protecting the Bitcoin network from potential quantum computing threats. As quantum hardware advances, the cryptographic foundations of current digital assets face long-term risks, prompting this proactive research effort. The funding will support the development of quantum-resistant protocols to ensure the future security of the Bitcoin blockchain. This collaboration represents a significant intersection of traditional finance, crypto-exchanges, and quantum security research. Will quantum-resistant upgrades be ready before quantum threats become a reality?
Source: https://bitcoinfoundation.org/news/bitcoin/blackrock-coinbase-join-15m-bitcoin-quantum-push/
