BlackRock, Strategy and Coinbase Launch $15M Bitcoin Security Consortium to Counter Quantum Threats
| CryptoPress | News
Nine major institutions including BlackRock, Strategy and Coinbase launched the Bitcoin Security Consortium on July 23, 2026
Members pledged a combined $15 million over three years to support long-term Bitcoin security research
Primary focus includes preparations for potential quantum computing threats to Bitcoin cryptography
Funds directed independently by each member; consortium takes no role in protocol development or governance…
Zcash Investment Products Record First Weekly Outflow of $93.6 Million Amid Market Cool-Down
Zcash-based investment products experienced their first-ever recorded weekly net outflow, totaling $93.6 million.
The withdrawal reverses weeks of consistent positive momentum for the privacy-focused asset’s…
SEC Halts Crypto ETF Reviews Amid Government Funding Lapse
The U.S. Securities and Exchange Commission (SEC) has temporarily halted the review of multiple cryptocurrency exchange-traded fund (ETF) applications.
The suspension is directly attributed to the ongoing fed…
SEC Crypto Custody Rules Spark Industry Debate and New Compliance Hurdles
The U.S. Securities and Exchange Commission has advanced strict regulatory proposals aimed at reshaping how investment advisers safeguard digital assets.
Industry participants and major crypto stakeholders ha…
October 3, 2026
Cerebras Systems Shares Slip Nearly 20% Following Reports of Nvidia Powering OpenAI
Cerebras Systems experienced a sharp decline of nearly 20% in private market valuations amid mounting market competition.
The sell-off was reportedly triggered by news that artificial intelligence giant OpenAI plans to utilize Nvidia hardware for its expanding infrastructure.
The development underscores the intense battle for market dominance in the high-performance AI chip sector.
Shares of AI hardware startup Cerebras Systems plummeted by ne…
October 3, 2026
Bitcoin Pares Gains After Rally to $86,500 Amid Cooling Market Momentum
Bitcoin recently touched a local high of approximately $86,500 before paring some of its gains during the ongoing trading session.
Market analysts note that the pullback reflects natural profit-taking and cooling momentum after a rapid upward surge.
Traders are closely monitoring key support levels as open interest and liquidations fluctuate across major derivatives exchanges.
Bitcoin (BTC) experienced a retracement during the European trading…
October 2, 2026
Bitcoin Surpasses $86K, Rising 2.99% Amid Renewed Market Momentum
Bitcoin recently crossed the $86,000 threshold, marking a 2.99% increase over a 24-hour trading window.
The broader cryptocurrency market is experiencing renewed momentum driven by sustained institutional inflows and strong trading volumes.
Traders and analysts are monitoring key resistance levels as market participants weigh potential macroeconomic impacts on digital assets.
Bitcoin continued its robust market trajectory by surging past $86,0…
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