A Bitcoin wallet created on Aug. 10, 2012 moved 212 BTC after 14 years of inactivity, according to an Odaily report citing Bitcoin.com News. Based on the price referenced in the report, the transferred holdings were worth about $13.72 million at the time of movement. The coins were originally valued at $2,346, or $11.07 per BTC. Using the article’s cited BTC price of $64,761, a full sale at that level would translate into a gain of 584,725%. The wallet owner has not been identified. The report said the 212 BTC was moved from a legacy Pay-to-Pubkey-Hash, or P2PKH, wallet to an unlabeled Bech32 wallet. The funds arrived in multiple batches before being consolidated. Bitcoin.com News also noted that a Coldcard vulnerability led to the theft of nearly 2,000 BTC, which may have prompted some long-term holders to relocate assets, though the address in this case has not been linked to any known entity.

A new report says quantum computers are still years, if not decades, away from threatening Bitcoin’s ECDSA. Older addresses are more exposed, developers are studying post-quantum options, and markets are still treating the issue as a distant risk.

A 2010 forum reply from Satoshi Nakamoto has resurfaced, showing he believed Bitcoin could migrate to stronger cryptography if quantum threats emerged gradually. The discussion has regained attention as quantum computing advances accelerate.

A resident, joined by two Wyoming-based firms, petitioned the New York Supreme Court to declare over 39,000 inactive BTC wallets as abandoned property, seeking title registration. Technical barriers—especially the lack of private keys—make the ruling likely symbolic.

CZ said on a June 18 podcast that Bitcoin could give legacy holders 6 to 12 months to migrate after a quantum-resistant upgrade, with untouched coins potentially frozen under protocol rules, putting Satoshi's estimated 1.1 million BTC in focus.

IOSG argues that quantum computing is not a doomsday button for cryptocurrencies, but it does pose a serious long-term threat to the cryptographic foundations of Web3. In a reposted article by 0xjacobzhao, the firm says the real danger is not that blockchains suddenly stop working, but that a cryptographically capable fault-tolerant quantum computer could derive private keys from already exposed public keys and produce valid signatures on-chain. That would put extreme pressure on three core properties of public blockchains: permanently public ledgers, irreversible asset transfers, and self-custodied private keys. The article says the industry’s problem is no longer a lack of post-quantum cryptography. Instead, the hard part is coordination. Bitcoin and Ethereum face different migration problems: Bitcoin must deal with exposed legacy UTXOs, signature-size expansion, and governance disputes over dormant coins, while Ethereum is working on a broader migration across accounts, validator signatures, data availability, and zero-knowledge systems. IOSG points to a 5 to 8 year “engineering comfort window” before quantum risk becomes much harder to manage, even though broader Q-Day estimates remain centered around 2035 to 2045, with faster scenarios falling in the 2030 to 2035 range.

Castle Island's Nic Carter argues Bitcoin creator Satoshi Nakamoto is probably deceased, citing failure to secure 1.7M early bitcoins (worth $120B) against quantum computing threats. Silence since 2011 suggests death, he says. Community must prepare cryptographic upgrades.

On-chain data shows Tesla moved 3,385 BTC for the first time in two years, worth roughly $225 million at the time. The funds were sent in three batches to three unidentified addresses, while the purpose of the transfer remains unclear.