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Serious BlackRock Bitcoin Warning Fuels ‘Disaster’ Fears As The Price Suddenly Dives

  • BlackRock updated its iShares Bitcoin ETF filing on May 9, 2025, to highlight quantum computing risks to Bitcoin's network security.
  • This disclosure reflects concerns that emerging quantum technology could undermine cryptographic algorithms safeguarding Bitcoin and other digital assets.
  • BlackRock's IBIT ETF, holding about $64 billion in assets, is the largest spot Bitcoin ETF and has rapidly grown since launching in January 2024.
  • David Carvalho said no blockchain is ready for quantum attacks, which Paolo Ardoino predicted would allow hackers to access dormant bitcoins, including Satoshi's coins.
  • This warning signals potential long-term risks for Bitcoin's security model and shareholder value, though such threats remain distant and highly uncertain.
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criptonoticias.com broke the news in on Monday, May 12, 2025.
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