Akil Prasath LV

Major financial institutions and Bitcoin-focused companies have formed the Bitcoin Security Consortium (BSC) to help strengthen the network’s long-term security through research funding, developer support, and public education. The initiative was announced by Michael Saylor on July 23, 2026, highlighting a collaborative effort to support Bitcoin’s open-source ecosystem without changing its decentralized governance. Bitcoin’s security is a shared responsibility.

The Smarter Web Company has repaid its Smarter Convert financing instrument nearly two weeks before maturity, selling 177.8909127 Bitcoin (BTC) to settle the obligation with investment manager TOBAM Group. The repayment marks the end of a financing structure introduced in August 2025 and simplifies the company’s capital structure while leaving its long-term Bitcoin treasury strategy intact.

BitMEX, a pioneering cryptocurrency derivatives platform, will cease operations on September 23, 2026. The exchange’s parent company, HDR Global Trading Limited, made the decision following a strategic review of its business and the competitive crypto industry landscape. The announcement, issued on July 23, 2026, halts new account registrations immediately. Trading will continue with restrictions until the closure date, after which users can still access accounts solely for withdrawals.