Quantum computing a risk to Bitcoin network: Blackrock

May 13, 2025

, By Cointelegraph

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Emerging technologies, including quantum computing, could potentially render the cryptography securing Bitcoin and other blockchain networks ineffective, asset manager BlackRock said in a regulatory filing.

On May 9, BlackRock updated the registration statement for its iShares Bitcoin ETF (IBIT). The revised version addressed potential risks to the integrity of the Bitcoin network posed by quantum computing, the filing data-ct-non-breakable=”null” href=”https://www.sec.gov/Archives/edgar/data/1980994/000143774925015853/bit20250418_posam.htm” rel=”null” target=”null” text=”null” title=”null”>shows.

“[I]f quantum computing technology is able to advance […] it could potentially undermine the viability of many of the…

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Quantum computing a risk to Bitcoin network: Blackrock

May 13, 2025

, Published By Cointelegraph

Emerging technologies, including quantum computing, could potentially render the cryptography securing Bitcoin and other blockchain networks ineffective, asset manager BlackRock said in a regulatory filing.

On May 9, BlackRock updated the registration statement for its iShares Bitcoin ETF (IBIT). The revised version addressed potential risks to the integrity of the Bitcoin network posed by quantum computing, the filing data-ct-non-breakable=”null” href=”https://www.sec.gov/Archives/edgar/data/1980994/000143774925015853/bit20250418_posam.htm” rel=”null” target=”null” text=”null” title=”null”>shows.

“[I]f quantum computing technology is able to advance […] it could potentially undermine the viability of many of the…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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