Binance Security Chief Says Quantum Computers Are Not What Steals Crypto Today | Editor's Pick Binance

Binance’s chief security officer, Jimmy Su, said quantum computing is not the immediate threat to crypto holders that many fear. Speaking in a company Q&A on quantum computing, Su argued that quantum capabilities are not advanced enough to break the cryptography securing blockchains today. He pointed instead to phishing, malware, social engineering, compromised credentials and poor wallet security as the tactics most likely to steal funds now. The broader pattern appears consistent with 2026 data: TRM Labs reported about $972 million stolen across 207 hacks in the first half of 2026, with infrastructure and operational compromises driving roughly 76% of losses.