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

According to Decrypt, Europol released a report on Wednesday stating that cryptocurrency wallets are the primary exposure points for quantum computing threats. Attackers can derive private keys from publicly exposed on-chain public keys and transfer assets, while underlying hash functions are largely quantum-resistant. The report notes that approximately 30.2% of BTC (6.04 million coins) public keys have already been exposed on-chain, recommending a phased industry transition to post-quantum cryptography, and calling for proactive preventive migration of related assets prior to an attack.