Galaxy sets up $5 million fund to help shield Bitcoin against quantum computing threats
CoinDesk·

60-second summary
Galaxy is setting up a $5 million fund to shield Bitcoin against quantum computing threats, funding developers to strengthen the blockchain's security before quantum computers become powerful enough to steal billions in crypto. This move aims to mitigate potential vulnerabilities and protect the integrity of the Bitcoin network, safeguarding the $2 trillion market value of the cryptocurrency.
The crypto financial services firm is funding developers to strengthen the blockchain's security before quantum computers become powerful enough to steal billions in crypto.