The Blockchain Security Standards Committee: Uniting Crypto Firms Against Security Threats

IconCryptoNewsTerminal Staff10 Jul, 2024

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The Blockchain Security Standards Committee: Uniting Crypto Firms Against Security Threats

The crypto industry has taken a significant step towards enhancing security with the launch of the Blockchain Security Standards Committee (BSSC). This non-profit organization brings together leading firms like Kraken, Anchorage Digital, Coinbase, Fireblocks, and OpenZeppelin. The BSSC aims to address critical security concerns, including nation-state cyberattacks and protocol exploits. By establishing uniform security standards, the committee seeks to strengthen the industry's collective defense against emerging threats. This collaborative effort will help safeguard user assets, promote transparency, and bolster the overall integrity of the crypto ecosystem.

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