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…
Iran Proposes Unexpected Diplomatic Plan Amid Regional Tensions, Awaiting Trump Administration Response
Iran has reportedly introduced an unexpected diplomatic initiative aimed at easing ongoing regional conflicts and de-escalating geopolitical tensions.
The proposal comes as global markets and digital asset tr…
SoFi Bank Goes Live with Card Settlement on Mastercard Network Using Proprietary Stablecoin
SoFi Bank went live on September 22, transitioning its entire $25 billion card program to settle transactions on Mastercard’s network using its own stablecoin, SoFiUSD.
While the underlying network mechanics…
Bitget Pauses Withdrawals Following Massive $352M Security Breach
Cryptocurrency exchange Bitget has temporarily suspended all user withdrawals following a major security breach.
On-chain data and security monitors estimate the total losses from the exploit to be approximat…
September 25, 2026
Fed Proposes 1:1 Reserves and Tiered Capital Rules for Payment Stablecoin Issuers
The Federal Reserve on Sept. 24 proposed full 1:1 reserve backing and standardized capital rules for Board-supervised payment stablecoin issuers under the GENIUS Act.
Operational-risk capital would start at 2% of the first $20 billion outstanding, stepping down to 1% above $50 billion.
Issuers would generally have to redeem tokens within two business days and publish monthly, accountant-examined reserve reports.
A second proposal sets a bank ap…
September 24, 2026
Zcash’s ZEC Hits $1,600, Marking a Significant Multi-Year High
Privacy coin Zcash (ZEC) experienced a dramatic market surge, touching a notable multi-year high of $1,600.
The sharp price movement underscores a broader resurgence in market demand for zero-knowledge privacy-preserving digital assets.
Traders and analysts continue to monitor on-chain metrics and liquidity shifts as volatility remains elevated across major altcoin sectors.
Privacy-focused cryptocurrency Zcash (ZEC) surged to a milestone of $1…
September 24, 2026
Bitcoin Pulls Back From Local High Above $87,000 Amid Shifting Fed Rate Expectations
Bitcoin retreated from a local high above $87,000 following renewed macroeconomic pressures. CME FedWatch data began pointing toward a potential shift in interest rate expectations by the U.S. Federal Reserve. Traders and analysts continue to monitor macroeconomic indicators closely for further short-term volatility in crypto assets.
Bitcoin pulled back from its Monday local high of over $87,000, slipping lower as macroeconomic sentiment shifted…
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ZetaChain Token Holders Vote to Shut Down Layer-1 and Migrate ZETA to Solana
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