Bitcoin Security Consortium announces $15M pledge for network safety research

The Bitcoin Security Consortium has been formed by major industry players, including BlackRock, Fidelity Digital Assets, Coinbase, and Strategy. This initiative aims to support the long-term security of the network, backed by a $15 million funding pledge distributed over the next three years. While the consortium focuses on network safety research, some questions persist regarding the specific backers and the verification processes involved in this significant financial commitment to the Bitcoin ecosystem.