Block and Coinbase Join Fight to Promote Bitcoin Security

A collection of crypto and finance companies have launched a bitcoin-focused security initiative. The Bitcoin Security Consortium, announced in a news release Thursday (July 22), is backed by $15 million in pledges for its members, and is designed to promote the long-term security and survival of the bitcoin network. The group’s founding members include Anchorage Digital , ARK Invest , BlackRock , Block , Blockstream , Coinbase , Fidelity Digital Assets , Galaxy and Strategy .