Major Firms Launch Bitcoin Security Consortium
Initiative by major firms to bolster Bitcoin security with $15 million funding.
Coinbase announced the Bitcoin Security Consortium with partners including BlackRock, Fidelity, and Block. The group pledged $15 million to improve Bitcoin security standards and practices. Formed as an industry collaboration, the consortium focuses on protecting the Bitcoin ecosystem from threats. The announcement came via BusinessWire and was amplified on X by Coinbase's official account and others. No further developments or outcomes have been confirmed beyond the initial launch.
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Major Firms Launch Bitcoin Security Consortium
Initiative by major firms to bolster Bitcoin security with $15 million funding.
Coinbase announced the Bitcoin Security Consortium with partners including BlackRock, Fidelity, and Block. The group pledged $15 million to improve Bitcoin security standards and practices. Formed as an industry collaboration, the consortium focuses on protecting the Bitcoin ecosystem from threats. The announcement came via BusinessWire and was amplified on X by Coinbase's official account and others. No further developments or outcomes have been confirmed beyond the initial launch.
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We’re proud to announce the launch of the Bitcoin Security Consortium, in partnership with BlackRock, Fidelity, Block, and more. Together we’ll support the long-term security of the Bitcoin network. Quantum computing is coming. Crypto needs to be ready.
“Leading Financial Institutions and Bitcoin Companies Pledge $15 Million to Bitcoin Security and Launch the Bitcoin Security Consortium” A good consortium. https://www.businesswire.com/news/home/20260723792770/en/Leading-Financial-Institutions-and-Bitcoin-Companies-Pledge-%2415-Million-to-Bitcoin-Security-and-Launch-the-Bitcoin-Security-Consortium