Blockchain Security Standards Council Launches to Protect Blockchain Systems

Blockchain Security Standards Council Launches to Protect Blockchain Systems
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Anchorage Digital, Bastion, Coinbase, Figment, Fireblocks, Halborn, Kraken, OpenZeppelin, Ribbit Capital, and Sentinel Global Collaborate to Combat Increased Security Threats
NEW YORK–(BUSINESS WIRE)–The Blockchain Security Standards Council (BSSC) today announced its formation as a critical initiative to establish and enforce security standards for the blockchain industry. Founding members include Anchorage Digital, Bastion, Coinbase, Figment, Fireblocks, Kraken, Ribbit Capital, and Sentinel Global. Technical audit firms Halborn and OpenZeppelin are also part of the founding member group.

In 2024 alone more than one hundred security exploits to the crypto industry emphasize the need for BSSC’s formation. The BSSC’s initial work of establishing standards and companion audit schemes will help create a baseline level of trust and confidence across the various aspects of the blockchain ecosystem at an important time for the industry’s maturation.

“We are deeply

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