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…
BTCPay Server Critical Flaw Exposed After Developer’s Lightning Node is Drained
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Bybit Sues North Korea Over $1.5B Lazarus Hack, Wins U.S. Court Order Freezing Assets
Bybit has filed a civil lawsuit in the U.S. District Court for the District of Columbia against North Korea, its Reconnaissance General Bureau, and the Lazarus Group over the $1.5 billion theft.
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Crypto Markets Brace for Volatility Amid Geopolitical Speculation Over US-Iran Deal
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August 7, 2026
SK Hynix Commits 19.1 Trillion Won to Expand M17 Semiconductor Plant Capacity
SK Hynix has allocated 19.1 trillion won toward the development and expansion of its M17 semiconductor manufacturing facility.
The multi-trillion-won capital expenditure highlights the South Korean memory chip giant’s ongoing efforts to scale up advanced hardware production.
The latest infrastructural push aims to secure domestic supply chain resilience amid surging global demand for cutting-edge semiconductor components.
South Korean memory c…
August 7, 2026
Kathleen Allman files legal complaint to oust Ondo CEO Ian De Bode
Kathleen Allman, mother of late Ondo founder Nathan Allman, has initiated a legal battle to secure control of the firm.
The complaint aims to oust current CEO Ian De Bode from his leadership position at the prominent tokenized real-world asset project.
The unfolding leadership dispute introduces high-stakes governance uncertainties for Ondo Finance and its stakeholders.
A high-stakes legal battle has emerged over the leadership of Ondo, as K…
August 7, 2026
SEC Seeks to Reclassify Ethereum and Ripple in Ongoing Digital Asset Scrutiny
The U.S. Securities and Exchange Commission has escalated discussions regarding the regulatory status of major digital assets like Ethereum and Ripple.
Market participants and legal experts are closely monitoring potential shifts in enforcement policies that could impact spot exchange-traded products.
Industry leaders emphasize the need for clear legislative frameworks rather than regulation by enforcement.
Regulatory pressure on the cryptocur…
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