| | VC: Quantum fears could trigger a corporate takeover of Bitcoin development | ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ | View in browser | | | | | | February 16, 2026 | | | | Your Daily Digest of the π₯Hottest News in Crypto | | | | Today's top stories π‘️ Adam Back warns BIP-110 Ordinals "spam" fix could freeze user funds πΌ BlackRock's huge Bitcoin stake fuels pressure for faster quantum fixes πͺπΊ OKX expands European regulatory footprint with new PI authorization π° Keep reading for all of today's biggest headlines | | | | Solution worse than problem? Adam Back opposes BIP-110 Ordinals fix Blockstream CEO Adam Back criticized Bitcoin Improvement Proposal 110 (BIP-110), a temporary plan to curb Ordinals-style "spam" by shrinking how much arbitrary data can be stored in Bitcoin transactions, arguing that a consensus-level change would damage Bitcoin's credibility more than the spam itself. He also warned the proposal could potentially freeze user funds by making some UTXOs unspendable, while BIP-110's creator, Dathon Ohm, says safeguards are designed to avoid known use cases and limit the change to a 12-month trial. The debate comes as Bitcoin Knots nodes have gained share after Bitcoin Core removed the 80-byte OP_RETURN limit, and amid disputes over whether non-financial transactions meaningfully bolster miner revenue as inscription fees have fallen sharply since their 2023 peak. | | | | | | | | | | Institutions may get 'fed up' and fire Bitcoin devs over quantum: VC Venture capitalist Nic Carter warns that if Bitcoin developers don't move quickly to adopt quantum-resistant cryptography, major institutional holders could "get fed up," replace core developers, and drive what he calls a successful corporate takeover of the network's direction. He argues that institutions like BlackRock, with billions in client assets exposed, won't tolerate unresolved quantum risks, while others counter that big holders are largely passive and unlikely to intervene. The article also notes ongoing disagreement over how imminent the threat is, with some calling it existential and others saying only a small fraction of Bitcoin sits in currently vulnerable addresses and the danger is decades away. | | | | | | | | | OKX secures EU payment license to expand stablecoin services OKX has secured a Payment Institution license in Malta, strengthening its regulatory position in Europe and enabling EU-compliant stablecoin payment services. Issued under the EU payments framework, the license aligns OKX's products with MiCA and PSD2 requirements for crypto firms offering stablecoin-related payments. The authorization covers offerings like OKX Pay and the OKX Card, which lets users spend crypto and stablecoins including USDC and USDG, and follows OKX's MiCA license obtained in January 2025.
| | | | | | | | | ANALYSIS | | | | Are quantum-proof Bitcoin wallets insurance or a fear tax? Post-quantum Bitcoin wallets are already being marketed and sold even though quantum computers capable of breaking Bitcoin's cryptography don't exist yet. With NIST finalizing its first post-quantum standards in 2024 and urging migrations before 2030, wallet makers are positioning early "quantum-ready" products as either prudent preparation or, as some critics argue, a "fear tax" aimed at monetizing distant risks amid a weak crypto market. The core concern is Bitcoin's signature scheme: in theory, a powerful quantum machine could derive private keys from exposed public keys and steal funds, though researchers say only a small slice of BTC sits in older, more exposed address types. Experts note the threat may build gradually through "harvest now, decrypt later" data collection, but many agree true protection ultimately requires a Bitcoin protocol upgrade—not just better wallets. Still, companies like Trezor and qLabs argue wallets can reduce exposure now and prepare users for eventual network-level changes, even as Bitcoin's lack of centralized leadership makes coordinated upgrades harder.
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