Odaily Planet Daily News BTC’s upward trend faces a risk that most cryptocurrency investors do not follow: quantum computing, a breakthrough that will not only threaten BTC, but also TradFi, as many online banking systems use a variant of Public Key encryption technology. But security experts warn that BTC may be a particularly tempting target for quantum thieves. Skip Sanzeri, co-founder of QuSecure, a startup specializing in quantum-secure cybersecurity, said, “BTC will be the target of a frenzy of attacks. Banks have certain regulatory, defense mechanisms and the ability to protect customers, while BTC is the ‘wild west’. If your BTC is stolen, your Wallet will not compensate you.” (WSJ)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
