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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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Tag: cold storage

Lack of Crypto Insurance Hinders Mainstream Adoption

Category: Altcoins, Blockchain, Finance, News, Platform, Tech

Lack of Crypto Insurance Hinders Mainstream Adoption

A new report from Reuters published December 19, 2018, determined that the inability for Asian cryptocurrency exchanges and traders to insure themselves against cybercrimes like theft and hacking is also presenting fund managers with deep pockets to invest into the market. Insurance Is a Necessary Prerequisite Against Cybercrimes Since investors with more capital are usually seen in more regulated environments,…

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SEBA Crypto AG Teams up With Loomis International to Build a Tempest “Level A” Deep Cold Storage

Category: Altcoins, Bitcoin, Blockchain, News, Platform, Tech

SEBA Crypto AG Teams up With Loomis International to Build a Tempest “Level A” Deep Cold Storage

Swiss cryptocurrency startup SEBA Crypto AG has announced November 22, 2018, a new partnership with Loomis International, an arm of Sweden-based Loomis Group that has been a leading global provider of logistics solutions for valuables.  Under the new partnership, both companies will collaborate to build a Tempest “Level A” Deep Cold Storage offering for cryptocurrencies. SEBA’s Crypto Asset Custody Storage…

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Square Open Sources Subzero, an Enterprise Offline Bitcoin Wallet

Category: Bitcoin, Finance, News, Platform, wallet

Square Open Sources Subzero, an Enterprise Offline Bitcoin Wallet

Square, a financial services and mobile payment company, has open sourced the documentation, code, and tools for Subzero, an enterprise offline Bitcoin Wallet. According to Square’s blog published on October 23, 2018, Square recognized the importance of not only developing a safe and secure storage option for Bitcoin but the need to share code and work in progress as it…

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Sony Develops Contactless Cryptocurrency Hardware Wallet

Category: Altcoins, Bitcoin, News, Tech, wallet

Sony Develops Contactless Cryptocurrency Hardware Wallet

Sony Computer Science Laboratories, an arm of Sony Corporation, announced October 23, 2018, in a press release the development of a contactless IC card with the purpose of being used as a cryptocurrency hardware wallet. Securing Cryptocurrency As cryptocurrency becomes a more popular option for wealth accumulation and storing of funds, users are taking a second look at how exactly…

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Cryptocurrency Custodian Services Find Huge Demand in Australia

Category: Altcoins, Bitcoin, Business, Exchange, Investment, News, Regulation

Cryptocurrency Custodian Services Find Huge Demand in Australia

Australia-based Pallion, a precious metals firm, has expanded its subsidiary Custodian Vaults’ services to include the region’s first insured cryptocurrency custodial service according to July 16, 2018 reports. Australia Receives Custodian Services The burgeoning cryptocurrency sector is attracting substantial interest from institutional investors and high net worth individuals, who consider diversifying a part of their portfolio into the volatile asset…

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With the New Casa Bitcoin Cold Storage Wallet Hackers Stand no Chance

Category: Altcoins, Bitcoin, Business, Finance, News, Tech

With the New Casa Bitcoin Cold Storage Wallet Hackers Stand no Chance

Cryptocurrencies have all the security functionalities of blockchain technology, making them the safest way to send money yet. However, where the problem lies is with the methods of storing these blockchain-based currencies. In recent times, there have been countless cases of hacks and crypto thefts due to the carelessness of crypto users and loopholes in some bitcoin and altcoin wallets as…

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Ledger Raises $7 Million, Eyes Global Expansion

Category: Bitcoin, Business, News, Tech

Ledger Raises $7 Million, Eyes Global Expansion

Hardware wallet manufacturer Ledger raised a $7 million funding round led by French venture capital firm MAIF Avenir, bringing the company’s total investment to date to $8.5 million. With the new investment, the team behind the popular hardware wallets seek to expand globally and precipitate mainstream adoption of security solutions for cryptocurrency and financial applications. Since its launch, the French…

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Glacier: A Protocol for the Rich and Paranoid

Category: Bitcoin, Finance, News, Tech

Glacier: A Protocol for the Rich and Paranoid

How can you securely store bitcoin? The Glacier Protocol is a step by step guide how you can generate a paper wallet that eliminates every known attack. For everybody who invests a significant amount of money in bitcoin, the proper storage of the coins is a crucial and terrifying topic. Nearly nobody is prepared to store the keys for bitcoin…

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PBoC’s Bitcoin Withdrawal Suspension Serves as Reminder For Wallet Security

Category: Altcoins, Bitcoin, Commentary, News

PBoC’s Bitcoin Withdrawal Suspension Serves as Reminder For Wallet Security

On February 9, Huobi and OKCoin, two of the largest bitcoin exchanges in China, officially suspended withdrawals for both bitcoin and Litecoin users in compliance with the demand of the People’s Bank of China (PBoC). In late January, PBoC asked Huobi and OKCoin to overhaul their Anti-Money Laundering (AML) and Know Your Customer (KYC) systems to remain on par with…

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Stolen Bitcoin and Security Fears: A Chilling Impact and Some Thoughtful Perspectives

Category: Bitcoin, Commentary, News, Tech

Stolen Bitcoin and Security Fears: A Chilling Impact and Some Thoughtful Perspectives

On December 20, an exquisitely well-documented article entitled ‘Hackers Have Stolen Millions Of Dollars In Bitcoin-Using Only Phone Numbers‘ appeared in the business publication, Forbes. The work of noted Bitcoin, blockchain and fintech columnist Laura Shin, this article continues to send aftershocks through the global bitcoin community, sparking questions about the prevailing security protocols used to secure cryptocurrencies. This article…

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