Coinbase, Circle, and Kraken lead the establishment of CryptoISAC, an information security and analysis organization

Crypto ISAC is an industry organization established at the beginning of this month to prevent network threats and vulnerabilities. The organization has announced its founding member organizations, including several heavyweight figures. cryptocurrency exchanges Coinbase and Kraken were early participants in the Information Security and Analysis Center, which is the second such organization created for digital asset companies in several months. (The first organization, SEAL-ISAC, was established in April.) The organization announced on Wednesday that Circle, which issued the second largest stablecoin USDC, is also a member of Crypto ISAC. In addition, the Solana Foundation, Ethereum ecosystem software development company Consensys, venture capital firm Ribbit Capital, cryptocurrency custody company Fireblocks, and Evertas, which provides insurance for cryptocurrency theft and leads the establishment of ISAC, have also joined the organization.