Coinbase Rolls Out Extensive Security Update
Coinbase has announced the addition of several new security features designed to make its cold storage business even safer. Over the past few months the company has spent time and resources implementing the new measures and increasing the percentage of coins held offline. Key Splitting, more cold storage. Coinbase is now using a new "key splitting" scheme - distributing shared pieces of security keys to safe deposit boxes and vaults around the world. This means that key holders are never located in the same geographical area. So, theoretically, there cannot be a "single point" of failure.....
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Coinbase, the largest U.S. cryptocurrency exchange by trading volume, has announced an exciting new update for its users. The exchange’s roughly 73 million verified users will now be able to make information about their crypto holdings public. Coinbase Goes Social Senior product manager Rishav Mukherji announced this update in a blog post on Friday. Coinbase is making […]
Coinbase is adding some notable technology veterans to its team, it says. The new faces at the company - former Facebook security director Ryan McGeehan and Todd Edebohls, Amazon's former director of business development & sales - will bring with them extensive experience in the areas of security and business development. When asked for comment, the San Francisco-based company issued a statement regarding the new team members, which have yet to be formally announced: "These hires represent Coinbase growth, momentum and commitment to security. As an industry it shows bitcoin is growing up,....
Paul Grewal, the Chief Legal Officer (CLO) of Coinbase, has become a major voice in the continuing discussion about the legal classification of Ethereum by the United States Securities and Exchange Commission (SEC), arguing in favor of the platform’s non-security status. Broader Recognition Of Ethereum Security Nature Taking to the X (formerly Twitter), the Coinbase […]
Coinbase just recently hired prominent Facebook and Amazon execs. Popular bitcoin wallet and payment processor Coinbase just made two prominent additions to its team. Facebook's director of security incident response - Ryan McGeehan, and Amazon's director of business development & sales - Todd Edebohls, will be leaving their jobs soon to work for Coinbase. When asked to comment about the new hires, Fred Ehrsam, co-founder of the bitcoin startup, told Techcrunch that "The industry is continuing to evolve," and "We're attracting very, very top talent from prior rocketships that were....
Security concerns have many Bitcoin users feeling uneasy in recent weeks after learning the new Coinbase iOS app wasn't developed by Coinbase. Instead, the app was introduced by a third-party developer not directly affiliated with the company. Though the app carries the Coinbase name and logo, users are skeptical of its origins and security standards. The Bitcoin wallet app, which is similar to previous versions recently removed from the iTunes app store, was developed out-of-house by Andrew Vilcsak, who has no official connection to Coinbase. The Coinbase iOS app. The app store page for....