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Wall Street Giants Fund Quantum-Proofing of Bitcoin Amid CLARITY Act Deadline Looms

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Wall Street giants have joined forces to fund a $15 million push to quantum-proof Bitcoin, just as the CLARITY Act nears its do-or-die deadline.

The move is seen as a bid to protect the leading cryptocurrency from potential vulnerabilities that could arise from the development of quantum computers.

The funds will be used to support research and development in post-quantum cryptography, with a focus on making Bitcoin more resistant to attacks from advanced computational powers.

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