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In November 2019, security firm Risk Based Security called last year the “worst year on record” for breaches, with almost 8 billion records affected. Third-party control over personal data makes privacy something that is no longer a given.The advent of blockchain technology seems to have heralded a new era in
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In an era of increasing economic uncertainty, surveillance, specialized cybercrime and hacking, knowing how to hide bitcoin safely has become a paramount
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Cold storage custody provider Vo1t is offering clients secure data centers from IBM to hold and encrypt their private keys.The new option, which comes from IBM Hyper Protect, ensures that clients’ keys are safe even if Vo1t’s data centers are compromised. The data center can be installed on-premise or accessed
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Bittrex has insured digital assets held in its cold (or offline) storage to up to $300 million, the highest coverage yet offered by a cryptocurrency exchange. The company announced the news Thursday, saying it has obtained digital asset insurance that will protect users' holdings in cases of "external theft and
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Cryptocurrency exchange Bittrex obtained $300 million in digital asset insurance against theft or collusion for the cryptocurrency it holds in cold storage.Bittrex announced in a blog post on Jan. 29 that the exchange obtained specialty insurance for corporations by insurance firm Lloyd’s of London after working with major insurance
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On today’s holiday episode, we’ll define and demystify the blockchain concepts of “Hot Wallets” and “Cold Storage”Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating
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This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Diogo Monica is president and co-founder of Anchorage, crypto’s premier custodian for institutional investors. The last few years have seen the formation of many crypto-focused
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The Information Commissioner’s Office (ICO) has fined a London-based pharmacy £275,000 for failing to ensure the security of special category data. Doorstep Dispensaree
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President of Venezuela Nicolas Maduro released a statement related the reserves of the Petro, the state backed cryptocurrency of Venezuela. Maduro’s government has been pushing for an increased use of Petro by the Venezuelan citizens.On Wednesday, President Maduro said that some 30 million oil barrels in the country’s storage tanks
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Iota has introduced Chronicle, a permanode solution that will allow its node owners to easily store all of their transactions and maintain uninterrupted access to that data.Iota’s unlimited storage solutionOn Sept. 17, the Iota Foundation announced Chronicle, which allows node owners to store all the data of the Tangle
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