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Event File CRYPTO Bitcoin

BitGo Launches Quantum Risk Management for Bitcoin Wallets

1 reports · First detected 2026-07-13 · Last active 2026-07-13

Rapid advances in quantum computing threaten to break conventional cryptographic algorithms, posing serious risks of private-key exposure and security breaches for Bitcoin's unspent transaction output, or UTXO, model. Digital-asset custody infrastructure provider BitGo is seeking to help institutional clients guard against these future technological risks. The upgrade provides an important layer of protection for financial institutions holding large amounts of crypto assets over the long term.

BitGo formally launched quantum risk management for Bitcoin wallets on July 16, 2026, focusing on stronger UTXO transaction processing to reduce the risk of private-key exposure. The company also announced immediate support for the Ethereum layer-2 network Robinhood Chain, offering institutional-grade multisignature wallets and custody services to help financial institutions protect assets in the quantum era and broaden their multichain presence.

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1 original reports

The Backstory

The history behind this event
Postquant Labs Unveils Quip Network Quantum-Safe Bitcoin Wallet2026-04-28 · 1 reports · similarity 0.80

Bitcoin's current elliptic-curve signatures could eventually be broken by quantum computers. Once a transaction reveals a public key, assets could be exposed to attack before confirmation. The community is discussing upgrade proposals including BIP-361, but soft or hard forks require broad consensus and often take years to implement. That gives practical value to protections that do not require changes to the base protocol.

Postquant Labs announced Quip Network on April 28, 2026. It adds WOTS+ post-quantum signatures through Arch Network's smart contract layer without using wrapped tokens or requiring a Bitcoin fork. The company said it could reduce the attack window to about two blocks, or roughly 20 minutes. The wallet app was expected to launch the following week. No price or fundraising amount was disclosed, and a third-party audit had yet to be completed.

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