Coinbase establishes advisory council on quantum computing and blockchain

Coinbase CEO Brian Armstrong announced on X that the company has established an advisory council focused on quantum computing and blockchain. Armstrong stated that security is a top priority at Coinbase and that it is crucial for the industry to prepare for threats, even those that are still years away. He explained that the advancement of quantum computers could impact the blockchain and cryptocurrency ecosystem, necessitating a systematic review of the associated risks and proactive preparation of necessary responses.