Xapo: ‘Without Security, Nothing Else Matters’
CoinTelegraph has been at Money 20/20 speaking to a huge variety of major names in the cryptocurrency market and beyond. One name on the lips of many at present is Xapo, a secure Bitcoin storage and payment facilitator which has seen much publicity. From initial praise to recent backlash from community commentators, CSO Ted Rogers talks to CoinTelegraph about the challenges of being a standout in the early Bitcoin ecosystem. Rogers was directly involved in recent developments, but is upbeat about the future and is confident of Xapo’s ability to learn from past mistakes and continue....
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In a new blog post, Bitcoin company Xapo has revealed more about how they do security. Xapo has also revealed that they have passed a Service Organizational Control 2 (SOC2) financial audit by Burr, Pilger & Mayer LLP. The SOC2 financial audit is a component that many of Xapo's institutional partners require. Xapo's CEO Wences Cesares told CryptoCoinsNews that Xapo's new security measures are meant to assure Bitcoin users around the world that proper security methods do exist and are being practiced by Bitcoin companies. Speaking about security measures for the use of the fledgling....
XAPO Cat is watching you... You may have heard about how XAPO is charging excessive previously undisclosed fees on their Xapo Debit Card, but what you may not know is that they will reimburse you for the third-party monthly fees, in Bitcoin! Though, aside from the $15 shipping fees, XAPO included a few other hidden fees they consider to be "customary fees just as with any other debit card." XAPO Debit Card Fees. XAPO has been under a lot of PR stress lately as they released the fee schedule from their debit card supplier. On August 4th, XAPO posted an update on their news feed which stated....
The normally tight-lipped bitcoin services provider Xapo has announced a slew of new updates focused on bolstering its security offerings. Though the move allows the company to remove fees for its signature vault storage service, adding multi-signature authorization to that offering and completing a Service Organization Control 2 (SOC2) Type I Audit. But it is perhaps its partnership with Silicon Valley startup Satellogic that showcases the extent to which it seeks to secure the bitcoin it holds for customers. Today Xapo announced it will work with Satellogic to locate specific elements of....
Xapo, a Bitcoin company based in the United States, has just announced the ability to purchase Bitcoins through wire transfer with USD and Euro. The user will have to go through an identity verification process to be eligible for the new feature due to the United States' strict AML and KYC regulations. The user will need to verify their name, address, social security number to receive a reference number which is vital to receive the Bitcoins. This information was sent out in an email by Xapo: We're proud to announce Xapo Deposit - a new feature that allows you to acquire bitcoins via wire....
If you're a Xapo user, you may have received an email last night from the company with a nice little announcement. The bitcoin debit card and vault provider announced a little something they're calling Xapo Deposit (perhaps aptly enough), a service that will allow users to acquire bitcoin on the Xapo platform via wire transfer. The addition of the feature will allow Xapo's users the ability to more easily get their hands on the digital currency, and thus requiring a place to store them (which is good for Xapo). As one might come to expect, the process is really quite simple. To make it....