Gem Says Military Hardware and Bitcoin Security Go Together Like Peanut Butter and Jelly
Gem has just announced that they’re deploying custom Hardware Security Modules (HSMs) from Thales e-Security as part of their wallet. The Venice-based bitcoin security platform harnessing lightweight code and multi-signature technology will utilize HSMs in a similar way as the military. The devices are used to protect military encryption keys along with mission secrets. If the military trusts the technology, it might just be good enough to store bitcoins. “Our engineers worked closely with the hardware team at Thales for months to develop a custom solution specifically for the Bitcoin....
Related News
The world of cryptocurrency and AI has always been a bit like peanut butter and jelly—seemingly different but destined to go together. Now, blockchain and AI are entering a new era, ready to combine in ways that could reshape the tech landscape. Christian Thompson, managing director of the Sui Foundation, believes these two technologies are […]
The crypto community was just recovering from the aftermath of the Bybit hack, which saw North Korean hackers loot $1.3B from the exchange’s cold storage, and now we’ve had yet another sensational malicious activity. This time it’s Hyperliquid in the firing line. Read on to find out exactly what went down and how a privacy-first crypto project like Best Wallet Token ($BEST) could potentially 100x as a result? Dissecting the Hyperliquid-Jelly Meltdown The popular decentralized crypto exchange Hyperliquid recently delisted the Jelly-my-Jelly ($JELLY) meme coin on the....
Gem partners with Thales e-Security. Bitcoin startup Gem, that provides a scalable API for bitcoin developers, has revealed to CCN a security enhancement that may be significant for the future of Bitcoin security. The company announced the inclusion of Custom Hardware Security Modules produced by Thales e-Security, as part of their standard multi-sig bitcoin wallet. Multi-sig wallets have become the standard for Bitcoin wallet security. A multi-sig wallet is associated with several private keys, making it more secure. Gem's inclusion of the Hardware Security Modules or HSMs, is bound to....
Sam Bankman-Fried’s legal team has complained to a Magistrate Judge about the “outrageous” prison conditions the former FTX CEO is being held in. The attorney stated that Bankman-Fried is living on meager sustenance due to the prison’s inability to provide him with an appropriate diet. Former FTX Founder Complains Of Unsavory Prison Meals Sam Bankman-Fried, […]
Bitcoin (BTC) has moved beyond a payments network and reserve asset into a technology increasingly tied to strategic defense and cybersecurity. US military officials are now weighing its value and potential role in national security. These remarks have added to the growing discussion around how the cryptocurrency could strengthen military resilience and support national power. […]