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BlackRock issues rare warning: Is Bitcoin’s future at risk from quantum tech?

cryptoweekly by cryptoweekly
May 26, 2025
in bitcoin, News
0

BlackRock’s quantum computing warning serves as a call to action for the cryptocurrency ecosystem to address the looming challenges.

In a rare move, BlackRock has quietly added a new line to its iShares Bitcoin Trust (IBIT) filing — and it is turning heads. The update, submitted in early May 2025, flags quantum computing as a potential risk to Bitcoin’s long-term security.

The filing specifically warns that if quantum tech advances far enough, it could break the cryptographic systems that secure Bitcoin. 

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Recent Posts
  • Is crypto still taxed in Australia? Major legal update explained
  • Bitget secures Georgia license as part of Europe expansion
  • Bitcoin gets Fed rate pause 'tailwind' as BTC eyes $106K short squeeze
  • Nobitex source code leaked after $100M hack by pro-Israel group
  • South Korea to investigate fees by local crypto exchanges
  • Nobitex source code leaked after $100M hack by pro-Israel group
  • South Korea to investigate fees of local crypto exchanges

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