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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Galaxy Digital has committed up to $5 million to support initiatives aimed at protecting the Bitcoin network from quantum computing threats. This move follows warnings that 'Q-Day' could arrive as early as 2030, potentially compromising current encryption standards. The company launched the 'Bitcoin Quantum Readiness Initiative' and has opened grant applications for immediate submission to fortify the network's security.