Strategy, BlackRock, Coinbase Launch $15M Bitcoin Security Consortium
Share:
Nine major firms including BlackRock, Coinbase, Fidelity, Galaxy, Blockstream, Anchorage, ARK Invest and Strategy pledged $15 million over three years to form the Bitcoin Security Consortium to fund developers and researchers focused on strengthening Bitcoin security. The consortium prioritizes solutions for quantum computing risks and its coordinated CEX and asset-manager backing should boost crypto security, fundraising credibility and institutional adoption.
Predictions Markets
See what traders are focused on
- Strategy and eight other industry players have launched the Bitcoin Security Consortium.
- The consortium intends to help fund developers and researchers of the network.
- The priority of the group is to find solutions for the potential quantum computing risks.
Michael Saylor’s Strategy (formerly MicroStrategy) has teamed up with several crypto leaders to launch the Bitcoin Security Consortium. As the name suggests, this major initiative focuses on strengthening the cryptocurrency’s long-term security.
Notably, the project is backed by a total of nine financial giants, including BlackRock, Coinbase, Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets, Galaxy, and Strategy. Together, these founding members have pledged a combined $15 million over the next three years to support developers and researchers on the network.
Nine Industry Giant…
Read The Full Article Strategy, BlackRock, Coinbase Launch $15M Bitcoin Security Consortium On Coin Edition.
Read More
Bitcoin Price Prediction: The Metric That Called Every Bitcoin Bottom Since 2015 Just Fired Again
