Update
Coinbase CEO Warns of Quantum Computing Threat to Crypto Security
Coinbase CEO Brian Armstrong has warned that quantum computing poses a larger risk to crypto security than AI. During Coinbase's Q3 earnings call, Armstrong highlighted the potential threat of quantum machines breaking today's cryptography, which uses cryptographic signatures to confirm transactions. He urged the industry to prepare for the possibility of quantum computers becoming powerful enough to break the encryption protecting Bitcoin and other cryptocurrencies.