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Hodling in difficult times has historically proven to be a long-term winning strategy. Keeping your cryptocurrency in your own cold storage is by default a good idea as far as security is concerned. But if you don’t trust yourself to not lose a small hardware device or a piece of paper, then there are alternatives … Read more
Illinois will consider any crypto held by custodians as abandoned after five years of inactivity Go to Source Powered by WPeMatico
More than $9.8 billion in crypto was stolen since 2017, according to KPMG Go to Source Powered by WPeMatico
When the first cryptocurrency exchanges sprung up in late 2010, multisig wallets had yet to be invented. As a result, a single private key was commonly used to control all customer funds. Today, multisig has been complemented by sophisticated solutions such as Unbound Tech’s CASP, which uses secure multi-party computation. Despite these innovations, many exchanges … Read more
Starkware, led by Zcash founding scientist, wants to deliver security and scalability to crypto exchanges, protecting users from hackers & exit scams Go to Source Powered by WPeMatico
Coinbase Custody, the custody arm of crypto exchange Coinbase, has obtained SOC 1 Type 2 and SOC 2 Type 2 security reports Go to Source Powered by WPeMatico
European crypto exchanges, as well as other companies with significant crypto holdings they need to protect, now have another option for cold storing their digital fortune. Bitgo is expanding out of the U.S. and into Europe with two new companies in Switzerland and Germany. Also Read: German Fintechs Rush to Offer Crypto Custody Services Under … Read more
Coinbase, a major American cryptocurrency exchange, launched its custody service internationally by creating a new firm based in Ireland Go to Source Powered by WPeMatico
A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s financial system, allowing financial institutions to directly offer a range of crypto products, including derivatives, … Read more
Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show no signs of slowing,” the company revealed. Also read: Regulatory Roundup – Crypto ‘Inevitable’ in India, China … Read more
