Bitcoin and Ethereum race quantum clock as U.S. backs $300 million hardware push
60-second summary
Bitcoin and Ethereum are racing against a 2029 quantum‑computing deadline as the United States commits $300 million to fault‑tolerant hardware development, prompting both networks to accelerate migration to quantum‑resistant protocols; the looming threat, though not immediate, forces developers to test post‑quantum cryptography, potentially reshaping security standards and influencing investor confidence across the crypto market.
The threat is not here yet, but fault-tolerant machines and crypto’s migration plans are starting to converge on the same 2029 window.