The industry group will support research and development aimed at strengthening Bitcoin's long-term security.
A group of financial institutions and Bitcoin companies has launched the Bitcoin Security Consortium, backed by US$15m in funding commitments over the next three years. The funding will support developers and researchers working on Bitcoin's long-term security The founding members include Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity Digital Assets, Galaxy and Strategy. The consortium brings together asset managers, custodians, exchanges, infrastructure pro