Gem Brings Bitcoin Multi-Signature Security to expresscoin Platform
Gem, the Venice, Calif. -based Bitcoin startup offering a multi-signature-based security platform to Bitcoin developers, has partnered with expresscoin, the Santa Monica, Calif. -based digital currency retailer. The partnership will offer Gem's scale-able and secure API wallet to expresscoin users, initially powering internal accounts and operations and eventually powering co-branded, end-user wallets with Gem's multi-signature security solution, thus providing an alternative to expresscoin's current bring-your-own-wallet environment.
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California-based bitcoin startup Gem has partnered with digital currency retailer expresscoin. Gem's multi-sig wallet and high security standards will now be available to users of expresscoin, which until now has been based on a special "bring your own wallet" platform. CEO and founder of Gem Micah Winkelspecht states: "Expresscoin has gone out of their way to increase access to Bitcoin as much as possible, which is in line with our philosophy of making bitcoin security easy for developers. From the very beginning, we wanted Gem to empower digital currency companies to focus on building....
Leading bitcoin security platform and multi-signature / P2SH (pay-to-script hash) bitcoin wallet provider BitGo has transacted more than $1 billion worth of bitcoin transactions in a single quarter. "BitGo was the first to pioneer the secure, multi-signature wallet platform for bitcoin," said BitGo CEO and co-founder Mike Belshe. "Security is never a finished feature, so we're continually raising the bar. As we reach this billion-dollar milestone, we're happy know so many customers are seeing the value of our solution." The BitGo wallet platform and API have not experienced a single breach....
The Atlanta-based company, BitPay, has been hard at work developing solutions for businesses and individuals in the bitcoin space, and from this, recently released a beta of their new multi-signature wallet, Copay. The wallet is completely open-source and aims to provide a multi-signature transaction that occurs on the blockchain and allows complete control of user funds. Released early last week, Copay can change the way bitcoin users think about transaction processes. Multi-signature technology eliminates having to rely on a third-party to store your bitcoins. Instead, what this....
TeraExchange has announced a new partnership with bitcoin security firm BitGo, a deal both parties view as a step toward bringing traditional trading standards to the bitcoin industry. The partnership, the companies said, will position TeraExchange as the only player in the bitcoin exchange industry to provide clients with the ability to collateralize bitcoin derivative trades. BitGo will provide multi-signature block chain services for the USD/BTC swaps on TeraExchange's platform, and in turn, TeraExchange will provide its clients with multi-signature escrow accounts where neither party....
World's leading Bitcoin exchange Bitfinex has partnered with multi-signature technology provider BitGo following the recent hot wallet compromise in which 1500 Bitcoins were stolen. The exchange announced the integration of the multi-signature technology via a press release. Bitfinex will now provide a multi-signature wallet to each customer, allowing traders to keep track of their funds on the blockchain. With this development, the Bitcoin exchange also expects to avert any future hot wallet compromises or at least minimize the impact. Since each user will have an individual multi-sig....