The post All about why blockchain firms will now become part of U.S Treasury’s cybersecurity program appeared on BitcoinEthereumNews.com.

When we talk about “risk” in crypto, the real and often underestimated risk lies in security.  Over the years, the crypto industry has expanded rapidly, bringing institutional participation, new products, and large-scale adoption. And yet, the underlying investment risk has not fully disappeared. The reason is simple – Security vulnerabilities continue to exist across smart contracts, bridges, wallets, and exchanges. Seen in this light, the latest move by the U.S Treasury becomes relevant. Notably, the U.S Department of the Treasury has launched a new cybersecurity initiative. Through its Office of Cybersecurity and Critical Infrastructure Protection (OCCIP), the program will share timely cyber threat information with eligible crypto and blockchain firms to help them prevent and respond to attacks. Source: X Interestingly, the timing of this initiative feels almost deliberate.  Just four months into 2026, the crypto market has already faced another reminder of its security gaps. The recent Drift Protocol attack exposed vulnerabilities within the platform’s trading mechanisms, resulting in losses estimated at around $285 million. In fact, early investigations have linked the activity to DPRK-style operations, suggesting a level of planning typically associated with state-backed cyber groups. Against this backdrop, the U.S Treasury’s decision to roll out a cybersecurity program for digital asset firms carries significant importance. The key question now is – Will stronger government-backed cybersecurity coordination help strengthen institutional confidence in crypto assets? OCCIP’s significance viewed through crypto’s 2022 crash The impact of security lapses goes far beyond a temporary wave of FUD in the market. In some cases, the consequences are long-lasting. The collapse of FTX in 2022 serves as a clear example. What initially appeared to be a single exchange failure quickly evolved into a security crisis for the entire industry. Billions of dollars were lost, and major lending firms faced significant liquidity stress. From…

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Filed under: News - @ April 11, 2026 1:22 am