🚨BLACKROCK’S UPDATED BITCOIN ETF PROSPECTUS REVEALS HIDDEN DANGER: QUANTUM HACK RISK🚨

A freshly revised prospectus for Blackrock’s Ishares Bitcoin Trust (IBIT) now includes a cautionary note that the advent of powerful quantum computing—and related developments—could render Bitcoin’s foundational cryptographic safeguards “becoming ineffective.”

Blackrock Flags Quantum Computing Risk

This week, the debate around quantum computing and Bitcoin has reignited within the crypto sphere, with renewed speculation over whether the network behind the leading digital asset could eventually face vulnerabilities. The discussion was triggered by a new study posted on arxiv.org detailing a method for factoring 2048-bit RSA integers using fewer than a million imperfect qubits.

Adding fuel to the fire, financial heavyweight Blackrock—manager of the largest spot bitcoin ( BTC) exchange-traded fund—revised its IBIT prospectus to include a cautionary note on quantum computing. The IBIT prospectus, as mandated by law, must disclose potential risks tied to investing in bitcoin. It outlines, for example, the asset’s pronounced price volatility and describes scenarios in which a 51% attack might unfold. Notably, all of these disclosures were already present prior to May.

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