Not exact matches
The result was an early secure bitcoin wallet
platform that later evolved into Xapo, which Casares describes as «the Swiss bank of bitcoin» and claims is «the first bitcoin vault fully protected and insured
against hacking and bankruptcy.»
This EOS
platform is an application of sophisticated permission management and multi-uses can easily control their funds and that can be the reason to defend
against hacking.
Each
platform buckled under the weight of DDOS attack and hackers during the holiday season, though the PSN
hack of 2011 (in which hackers stole the personal data of thousands of customers) still remains as a serious red mark
against PSN more than four years later.
So far Coinsetter is only company to promise user protections that no other bitcoin
platform on the market offers, including insurance
against hacks.
The demand has stemmed from attempted
hacks last year
against domestic trading
platforms like Upbit and Bithumb.
In its initial statement on Reddit, Binance said it was investigating these reports, announcing all withdrawals had been suspended but pushing back
against claims that the
platform was
hacked.
The
platform would enable any cryptocurrency user to ensure their assets
against hack, technological risks and other problems that may entail full or partial loss of the assets.