Coinbase Urges Migration to Quantum-Safe Cryptography
- Quantum Threat Warning: Coinbase's Quantum Advisory Board warns that future quantum computers could steal billions of dollars' worth of cryptocurrencies stored in wallets, with approximately 6.9 million Bitcoins currently having publicly visible private keys.
- Current Encryption Status: Although quantum computers do not yet have the capability to crack blockchain encryption, NIST recommends that companies implement post-quantum cryptography standards by 2035 to prepare for future security threats.
- Migration Challenges: Post-quantum signatures are significantly larger than current ECDSA signatures, leading to higher transaction costs and storage demands; while major chains like Ethereum have begun migration plans, the Bitcoin community has yet to reach a consensus on a full upgrade.
- Governance Decisions: The report emphasizes that blockchain communities must decide how to handle wallets that never migrate, with options including rate-limiting the number of vulnerable coins that can move per block or allowing users to pre-commit to migrations without publicly moving funds.
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Technical Analysis for APT
Technical Sentiment Analysis for Aptos (APT). As of , Aptos (APT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for APT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, APT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Aptos (APT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.441 | 0.524 | 0.591 | 0.674 | 0.741 | 0.824 | 0.891 |
| Fibonacci | 0.524 | 0.581 | 0.617 | 0.674 | 0.731 | 0.767 | 0.824 |
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