📰 Why is Europol also starting to turn bearish on encrypted wallets? The shadow of quantum attacks hangs overhead
The European law enforcement agency Europol has suddenly warned that crypto wallets are the key target of future attacks by quantum computers. This isn’t unfounded, because once quantum computers mature, today’s encryption algorithms may be cracked. The crypto industry must urgently switch to new cryptography that can resist quantum attacks, otherwise digital assets will be fully exposed.
Why is this news important?
Quantum computers aren’t science fiction—institutions in the U.S., as well as companies like Google and groups in China, are researching them. Once breakthroughs happen, existing algorithms won’t hold up. Crypto wallets rely on public-key cryptography such as RSA and ECC, which quantum computing can directly break. This isn’t alarmist because Europol is a law enforcement agency focused on developments in criminal technology. Quantum computers aren’t powerful enough yet, but the industry can’t wait, as technological iteration is too fast.
Impact on the market
In the short term, it may boost attention toward “post-quantum cryptography” token initiatives (for example, certain sidechains or protocols), such as Algorand, Cardano, and others. However, BTC and ETH prices likely won’t surge directly, because this is a technical upgrade issue, not a shift in capital flows or fundamentals. In the long run, if the industry acts collectively, new technical barriers may form—but at the cost of some efficiency. A similar historical reference is the early NFT period: people didn’t pay enough attention to security, then after vulnerabilities were discovered, everyone scrambled to patch.
Trading approach
💡 Neutral and watchful. If post-quantum cryptography can become an industry standard before 2026, then the view is bullish on technical chains; if the industry continues to delay and capital flows into legacy chains, then this thesis is invalidated.
$BTC $ETH #BTC #ETH
⚠️ Not investment advice; predictions are for reference only
#EvernorthXRPTreasuryCompletesSPACMerger
The European law enforcement agency Europol has suddenly warned that crypto wallets are the key target of future attacks by quantum computers. This isn’t unfounded, because once quantum computers mature, today’s encryption algorithms may be cracked. The crypto industry must urgently switch to new cryptography that can resist quantum attacks, otherwise digital assets will be fully exposed.
Why is this news important?
Quantum computers aren’t science fiction—institutions in the U.S., as well as companies like Google and groups in China, are researching them. Once breakthroughs happen, existing algorithms won’t hold up. Crypto wallets rely on public-key cryptography such as RSA and ECC, which quantum computing can directly break. This isn’t alarmist because Europol is a law enforcement agency focused on developments in criminal technology. Quantum computers aren’t powerful enough yet, but the industry can’t wait, as technological iteration is too fast.
Impact on the market
In the short term, it may boost attention toward “post-quantum cryptography” token initiatives (for example, certain sidechains or protocols), such as Algorand, Cardano, and others. However, BTC and ETH prices likely won’t surge directly, because this is a technical upgrade issue, not a shift in capital flows or fundamentals. In the long run, if the industry acts collectively, new technical barriers may form—but at the cost of some efficiency. A similar historical reference is the early NFT period: people didn’t pay enough attention to security, then after vulnerabilities were discovered, everyone scrambled to patch.
Trading approach
💡 Neutral and watchful. If post-quantum cryptography can become an industry standard before 2026, then the view is bullish on technical chains; if the industry continues to delay and capital flows into legacy chains, then this thesis is invalidated.
$BTC $ETH #BTC #ETH
⚠️ Not investment advice; predictions are for reference only
#EvernorthXRPTreasuryCompletesSPACMerger