Blockstream’s MuSig 2 Will Offer Less Complex, More Private Multi-Signature T...

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....

Coinkite one of the most secure and useful online Bitcoin Wallets has expanded its multiple signature service to expand to up to 15 members. The expansion and cosigning tool will allow businesses more options and flexibility with their Bitcoin usage, management and security. The new security tool will allow for multiple levels of approvals as well as conditional withdrawal and more. A typical business can now expand their usage of Bitcoin and keep it more secure as well. The multi-signature expansion will allow for a chain of command and approval with more flexibility. Also Read: Coinkite....

Bitcoin vault service provider Elliptic has partnered with the developer-focused Bitcoin platform provider Gem to further enhance the security of their multi-signature wallets. Elliptic made an official announcement regarding the same on its twitter page today. Generally, a multi-signature Bitcoin wallet needs three unique private keys for the authorization of a transaction. The owner of the wallet holds two of these private keys while the wallet provider holds the third. As per the information conveyed, Elliptic will act as a trusted and independent third party to provide insured storage....

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.

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....