Quantum computing threat could wipe out $2 trillion in crypto assets, warns Quantus CEO
Quantum computers could break the elliptic-curve cryptography securing most digital assets, putting over $2 trillion at risk. Quantus CEO Christoper Smith warns of an impending "great quantum migration" to safer systems. The potential loss nearly equals the entire crypto market's value.
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Original headline: “‘The great quantum migration’ is coming as more than $2 trillion in digital assets is at risk—nearly the entire value of the overall crypto market.” Browse more stories.