BlackRock Launches Bitcoin Security Alliance to Address Quantum Threats on July 24

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According to Decrypt, BlackRock released a report on July 24 stating that quantum threats to Bitcoin are manageable and encryption networks maintain defensive advantages. About 35% of circulating Bitcoin faces potential attack risk due to public key exposure. BlackRock announced the formation of a Bitcoin Security Alliance with Coinbase, Fidelity Digital Assets, and Block to fund developers contributing code to open-source quantum-resistant proposals including BIP-360.
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