Guavy AI Editorial TeamSentiment: 2Clout: 82

BitGo Unveils Quantum Protection for Institutional Bitcoin Wallets

Crypto custodian BitGo is preparing to introduce quantum protection tools for Bitcoin wallets aimed at institutional clients in the coming weeks. These tools include address risk assessment, automatic transfer of funds from vulnerable wallets, and a new method for selecting UTXOs.

The move comes as concern about quantum threats grows, particularly with regards to large-scale transactions and institutions' reliance on secure storage solutions.