Bitcoin Blockchain and Cryptocurrency News Center
As the Cpontelegraph reported, the Litecoin Foundation announced on May 7 that it would migrate from the multi-sig Electrum-LTC wallet to BitGo’s multi-sig wallet. The Litecoin Foundation announced that it will migrate from the multi-sig Electrum-LTC wallet to BitGo’s multi-sig wallet. According to a May 7 post on the company’s website, the move is due to BitGo’s […]
Blockchain security firm BitGo has gained a further security certification from an external auditor after a review of its compliance, cryptocurrency industry news resource The Block reported on April 23. BitGo, which last year gained a service organization control (SOC) 2 Type 1 certification from Deloitte, has now upped its procedures to conform to the Type […]
As the CoinDesk reported, Coinbase has revealed the details of its insurance arrangements for cryptocurrency held on customers’ behalf, a rare move in an opaque market. In a blog post published Tuesday, Philip Martin the exchange’s vice president of security, confirmed that it is covered for up to $255 million for coins held in so-called hot wallets […]