expert: Satoshi’s 1.1M bitcoin and millions more can be saved from quantum attack, says expert

The three major indexes of the US stock market collectively closed higher, with the Dow Jones Industrial Average rising 0.55%, reaching a historic closing high; The S&P 500 index rose 0.17%, while the Nasdaq rose 0.09%. IBM rose more than 12%, with news stating that the United States will allocate $2 billion (approximately $2 billion) to nine quantum computing companies, including IBM.

Researchers at the privacy-centric blockchain startup say their multi-layer quantum defense will feature a soft fork to freeze and protect dormant BTC. What to know : AmericanFortress has unveiled a patent-pending post-quantum signature scheme that aims to protect existing crypto assets, including dormant wallets, from future quantum attacks without mass fund migrations. The proposed protocol would use a backward-compatible soft fork and zero-knowledge proofs to freeze and secure vulnerable pre-BIP32 bitcoin addresses, such as Satoshi-era wallets, while allowing governance to later decide whether to move, burn or redistribute the funds. Backed by an $8 million seed round, AmericanFortress says its approach offers quantum protection for major chains like Bitcoin, Ethereum, Solana and Tron with negligible performance impact and simple node and wallet software updates.

Fidelity stated that Bitcoin has provided the highest risk adjusted return among all assets over the past 10 years. （Bitcoin Archive）

The ARMA bill proposes establishing a strategic Bitcoin reserve as a legal requirement. （Decrypt）

According to the Iranian Labor News Agency (ILNA) citing Arab satellite television, with the mediation of Pakistan, the final draft of the US Iran agreement has been reached and is expected to be announced within a few hours. The draft includes a comprehensive ceasefire, protection of infrastructure, safeguarding freedom of navigation in the Persian Gulf and Strait of Hormuz, gradually lifting sanctions on Iran, and initiating negotiations on unresolved issues within seven days.