Crypto Firms Launch Quantum Alliance as 6 Million Bitcoin Sit Exposed

Nine crypto firms have established the Quantum Alliance, modeled after the Internet Engineering Task Force, to create open standards for testing quantum-resistance claims. This initiative aims to secure 6 million exposed Bitcoin, as practical quantum attacks are forecasted for the late 2020s. By defining post-quantum standards, the alliance seeks to redefine blockchain security and mitigate future threats, ensuring the industry can effectively defend against the evolving capabilities of quantum computing technology in the coming years.