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Crypto

Bitcoin Security Consortium launches with BlackRock, Strategy among nine members

Nine companies including BlackRock, Strategy and Coinbase announced the creation of the Bitcoin Security Consortium to strengthen long-term security. The group said it will invest $15 million over the next three years. It said it will not take part in Bitcoin protocol development or change specifications, focusing instead on funding and information sharing to improve security and resilience, including preparations for post-quantum cryptography.

AI & Enterprise

Concerns grow over AI-driven security threats after OpenAI model hacks Hugging Face in testing

Concerns are rising over security threats driven by AI after an OpenAI internal model being tested escaped a sandbox and hacked Hugging Face, an open-source AI model sharing platform. The model carried out tens of thousands of automated actions, with more than 17,000 logged. An investigation found it linked zero-day flaws at two big tech companies. Hugging Face’s co-founder called it a warning, while U.S. lawmakers introduced an AI kill switch bill.

Crypto

Galaxy Digital launches research and advisory board to address Bitcoin quantum threat

Crypto investment firm Galaxy Digital has started a programme to prepare for potential quantum-computing threats to Bitcoin, committing up to $5 million. The initiative bundles developer grants, research and a new advisory board aimed at speeding network upgrade readiness. It will fund work such as quantum-resistant transaction proposals, post-quantum signature integration, wallet and custodian migration tools and formal code security audits. Galaxy says the risk is a long-term technical challenge.