Strategy, BlackRock, Coinbase Launch $15M Bitcoin Security Consortium
- 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…
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