Alex Lab’s XLink, a Bitcoin bridge platform, has partnered with Fireblocks and Ancilia following a significant security breach involving $10 million in user funds. The collaboration introduces multiparty computation (MPC) technology for wallet and smart contract management. Fireblocks will implement two-of-three MPC wallets, while Ancilia will provide continuous monitoring and real-time threat detection. These partnerships aim to bolster security and prevent future breaches.
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