Google MPC eyes crypto custody as Fireblocks security flaw raises risk concerns

Google's multi-party computation (MPC) technology is being positioned as a potential shift for institutional crypto custody, while a reported MPC vulnerability in Fireblocks has drawn attention to the security risks in digital asset systems. The story ties a major tech entrant to a security flaw at a leading custody provider, but gives no figures on funds at risk or confirmed losses. Traders holding assets with institutional custodians should watch for disclosures on whether the Fireblocks issue was patched and how quickly Google's MPC offering gains adoption.