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🚨 UPGRADE: Google introduces a new crypto security system for banks, following reports that compromised private keys accounted for 43.8% of crypto theft in 2024, according to Chainalysis. The new Multi Party Computation (MPC) technology splits wallet keys across multiple systems and checks transactions before approval, reducing the risk of funds being stolen if one system is breached. Alphabet is already using the technology to secure assets on Ethereum and Solana, while major financial institutions are testing it. Google also plans to introduce post-quantum security upgrades, with commercial rollout targeted for early 2027.

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