Europol: Crypto Wallets Are the Primary Vulnerability to Quantum Attacks, Calls for Accelerated Post-Quantum Migration

On October 07, citing Decrypt, that Europol published a report on Wednesday stating cryptocurrency wallets are the primary point of exposure to quantum computing threats, as attackers could derive private keys from publicly accessible on-chain public keys to transfer assets, while underlying hash functions remain largely quantum-resistant. The report noted that approximately 30.2% of BTC (6.04 million coins) public keys are already exposed on-chain, recommended a phased industry transition to post-quantum cryptography, and called for proactive preventive migration of related assets prior to any potential attacks.