Why a $9 billion bitcoin sale by single Galaxy client reignites quantum threat debate

The recent sale of $9 billion worth of Bitcoin by a single client of Galaxy Digital has sparked renewed discussions and concerns regarding the potential threats posed by quantum computing to the security of cryptocurrencies. As the capabilities of quantum technology continue to advance, experts are increasingly worried about its implications for cryptographic systems that underpin the integrity and safety of transactions in the blockchain industry. This unprecedented transaction not only highlights the influence of significant players in the cryptocurrency market but also serves as a critical reminder of the ongoing vulnerabilities that could arise with the evolution of quantum computing and its ability to potentially break traditional encryption methods. source: https://www.coindesk.com/markets/2026/02/03/why-a-usd9-billion-bitcoin-sale-by-single-galaxy-client-reignites-quantum-threat-debate