South Korean Bitcoin Exchange Launches Multi-Signature Wallet
Coinone, a bitcoin exchange in South Korea, recently announced a multi-signature wallet. According to its CEO Myunghun Cha, it was time for the bitcoin exchange to offer "equal level of safety and control" as other multi-signature wallet providers. The company makes use of a third-party API through BitGo, which they deemed as the answer to many security concerns facing exchanges and online wallets. "With its implementation, we hope to bring in more users from the national and international pool of bitcoin users," Cha added. Coinone Bitcoin Exchange Operations. Coinone was built by Devign....
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Coinone has become the first bitcoin exchange in South Korea to launch a multi-signature wallet, using BitGo's API. In a statement, Coinone CEO Myunghun Cha said it was time for exchanges to provide the equal level of safety and control as multi-sig wallet providers. He continued: We decided that multi-sig technology from BitGo was the answer to many security concerns facing exchanges and wallets. With its implementation, we hope to bring in more users from the national and international pool of bitcoin users.
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