Upbit Shifts Nearly All Assets to Cold Storage as Exchange Responds to Securi...

Coinprism, in a recent blog post, has announced the support of cold storage for TREZOR on its platform. Coinprism is the first Bitcoin 2.0 platform to integrate cold storage. This launch brings new things to both Bitcoin 2.0 applications as well as the Coinprism wallet itself. First, users will now be able to store colored assets in cold storage. Second, users will be able to link their spending to their TREZOR devices. Users of Coinprism and TREZOR will also be able to create and issue tokens for IPOs. Creation of an IPO in Coinprism will be incredibly secure, as the shares can only be....

Keeping bitcoins safe is one of the most important responsibilities in the world of digital assets. As the price of bitcoin continues to climb, exchanges and wallet providers become more susceptible to theft. The best way to keep your bitcoins safe is storing them yourself offline in what’s called cold storage. Creating Cold Storage Using a Paper Wallet.....

Toronto-based company Decentral has been rolling out its “7 Days of Jaxx” by introducing a new feature service every day. Now, the company has announced the production of a new cold storage prototype they have built called Ice Cube — no relation to the rapper. Ice Cube Offers ‘Deeper’ Cold Storage. On May 31st, 2016, Decentral CEO and founder Anthony Di....

Flexcoin 'the Bitcoin Bank' Exchange shuts down after they lost 896 bitcoins from their hot wallet by hackers on Tuesday. After suffering such a huge loss, Flexcoin announced that they will be shutting their doors. All users who held accounts there are urged to contact them to extract bitcoins from their cold storage free of charge. Users who put their coins into cold storage will be contacted by Flexcoin and asked to verify their identity. Once identified, cold storage coins will be transferred out free of charge. Cold storage coins were held offline and not within reach of the attacker.....

Cryptocurrency prices may be highly volatile, but one thing for sure is that they are here to stay. They were only seen as an alternative to make efficient transactions across borders in the early days. However, governments’ arbitrary inflation of fiat currencies has seen Cryptocurrencies become a far more reliable store of value. But like every nascent industry, the storage of digital assets in the blockchain world has been bedeviled by specific challenges. The anonymity and instantaneous features of blockchain transactions mean that the industry is disproportionately susceptible to....