Sentences with phrase «multi-signature cold wallets»
«We have previously communicated the fact that most clients» crypto - asset funds are stored in multi-signature cold wallets.
http://www.coinfox.info/ Not exact matches
The FSA does not currently have any official rules pertaining to the use of hot, cold, or multi-signature wallets by exchanges.
(A cold wallet, by contrast, is offline and therefore much harder to access, while a multi-signature wallet would require approval from multiple authorities before releasing funds.)
Your investment is protected by a 3 - keyed «Cold Storage» IRA wallet exclusive to Bitcoin IRA, powered by BitGo — the leader in multi-signature encryption technology.
The majority of blockchain asset deposits is stored in offline multi-signature hardware wallets (cold storage) and maintain 24/7 monitoring to detect suspicious activity.
Armory is the only open - source wallet with cold storage and multi-signature support features to protect your cryptocurrency.
«real - world» payments / asset - based lending / cold / comprehensive solution / crypto lending / crypto market cap / Crypto Security / Expedia / FinCryption / hack attacks / hot / lending apps / mainstream / Market Conditions / multi-signature wallet / Overstock / Press release / Roger Ver / SaaS solutions / Subway / Thriving Ecosystem
It is also very functional and provides cold storage, integration with other wallets, multi-signature technology, encrypted protection, and many more others.
If the exchange had implemented the multi-signature technology or stored user funds in cold wallets, it could have completely avoided the massive loss.
Armory's claim to fame is that they are the «only open source wallet with cold storage and multi-signature support.»
To sum up, if most of the exchanges that were hacked from 2009 to 2016 had implemented proper multi-signature security systems and cold wallet storage, most if not all user funds could have been protected even if local servers were compromised.
With its cold Bitcoin wallets plus a multi-signature address feature, you can rest assured that your funds are kept far from the influence of hackers and thieves.