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GUSD
3.8%
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Crypto custodian BitGo has announced the launch of a new quantum-resilient security tool designed to help institutions assess, manage, and reduce the quantum computing-related exposure risks of their UTXO-based Bitcoin wallets. The tool extends BitGo’s multi-signature security architecture, using new patented technology to group and prioritize UTXOs, thereby reducing key exposure risks from partial spending. BitGo CEO Mike Belshe said institutions do not need to wait for quantum threats to become reality before managing related risks, and the core strategy lies in addressing future post-quantum challenges through operational enhancements and reducing on-chain public key exposure. (TheBlock)