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Coinbase, Circle, and Kraken lead the formation of CryptoISAC, an information security and analytics organization.

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2024-05-29 21:15:59
Crypto ISAC, an industry group formed earlier this month to protect against cyber threats and vulnerabilities, has unveiled its founding member organizations. The list includes several heavyweights. Crypto exchanges Coinbase and Kraken were early participants in the Center for Information Security and Analysis, the second such organization created for digital asset companies in as many months. (The first organization, SEAL-ISAC, was established in April.)
Circle, which issued the second-largest stablecoin, USDC, is also a member of Crypto ISAC, the group announced on Wednesday. In addition, the Solana Foundation, Ethereum ecosystem software development company Consensys, venture capital firm Ribbit Capital, cryptocurrency custodian Fireblocks, and Evertas, which provides insurance against cryptocurrency theft and led the establishment of ISAC, have also joined the group.