Galaxy launches $5M fund to protect Bitcoin from quantum computing risks

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Crypto financial services firm Galaxy has established a $5 million fund aimed at bolstering Bitcoin's defenses against quantum computing threats. The initiative will direct resources toward developers working to strengthen the blockchain's underlying security infrastructure. The move comes amid growing concern that sufficiently advanced quantum computers could eventually be used to compromise crypto wallets and steal digital assets worth billions. By funding this research proactively, Galaxy hopes to address the vulnerability before quantum technology reaches a level capable of posing a real-world threat to the network.

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