Coinbase Warns Bitcoin’s Quantum Security Upgrade Could Take Years

Cryptocurrency exchange Coinbase is fostering efforts to secure Bitcoin (BTC) and other digital assets following emerging security concerns. The platform proffered several solutions but hinted that a full security upgrade could take years. Coinbase Preps Ahead of Q-Day Bitcoin security researchers are in full gear on quantum threats to digital assets. This year, multiple groups, including exchanges, validators, and developers, joined broader efforts as supercomputers and artificial intelligence (AI) advanced. Coinbase, the leading US exchange holding about 5% of BTC in custody, highlighted the importance of early preparations towards migrations.