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Payments Startup Uphold to Use Ledger Vault

Payments Startup Uphold to Use Ledger Vault
French crypto hardware firm Ledger will provide its technology to American payments startup Uphold to improve security, according to a press release shared with Cointelegraph on May 13.

Formerly known as Bitreserve, Uphold will reportedly incorporate Ledger’s institutional custody platform Ledger Vault to boost its anti-hack protection by adding an additional layer of security.

J. P. Thieriot, co-founder and CEO of Uphold, said that Ledger Vault integration was mainly driven by customer demand for thorough security measures.

According to the press release, the integration of Ledger’s tech will enable a number of key benefits for Uphold, including a multi-authorization governance model, support of new ERC-20 stablecoins and other proxy assets such as the Universal Protocol-based tokens, among the others.

Ledger Vault first rolled out in May 2018 as a digital asset security tool targeting institutional investors. The firm subsequently announced that it was expanding its business to New York in November 2018, also appointing a former Intercontinental Exchange (ICE) executive as head of global operations.

Recently, Ledger announced that Canadian crypto exchange National Digital Asset Exchange (NDAX) would use Ledger Vault to secure its assets.

Yesterday, major crypto exchange Binance announced that the platform was planning to fully resume deposits and withdrawals, following a major hack that resulted in the loss of $40 million worth of bitcoin (BTC).
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Payments Startup Uphold to Use Ledger Vault

Payments Startup Uphold to Use Ledger Vault
https://preview.redd.it/31n208r4i4y21.jpg?width=1024&format=pjpg&auto=webp&s=ddedc6a6f95c5699a5de15c28d7f46dada6968a0
French crypto hardware firm Ledger will provide its technology to American payments startup Uphold to improve security, according to a press release shared with Cointelegraph on May 13.
Formerly known) as Bitreserve, Uphold will reportedly incorporate Ledger’s institutional custody platform Ledger Vault to boost its anti-hack protection by adding an additional layer of security.
J. P. Thieriot, co-founder and CEO of Uphold, said that Ledger Vault integration was mainly driven by customer demand for thorough security measures.
According to the press release, the integration of Ledger’s tech will enable a number of key benefits for Uphold, including a multi-authorization governance model, support of new ERC-20stablecoins and other proxy assets such as the Universal Protocol-based tokens, among the others.
Ledger Vault first rolled out in May 2018 as a digital asset security tool targeting institutional investors. The firm subsequently announced that it was expanding its business to New York in November 2018, also appointing a former Intercontinental Exchange (ICE) executive as head of global operations.
Recently, Ledger announced that Canadian crypto exchange National Digital Asset Exchange (NDAX) would use Ledger Vault to secure its assets.
Yesterday, major crypto exchange Binance announced that the platform was planning to fully resume deposits and withdrawals, following a major hack that resulted in the loss of $40 million worth of bitcoin (BTC).
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Binance Coin $ 30.61 0.79%. Bitcoin Cash $ 226.04 2.09%. Crypto.com Coin $ 0.168862 5.04%. Litecoin $ 48.84 2.07%. Alle Kurse . Bitreserve Nutzer können Bitcoin ab sofort an Schweizer Franken und weitere Metalle koppeln . Startseite; Aktuelle Artikel im Überblick; Krypto; Bitcoin; Bitreserve Nutzer können Bitcoin ab sofort an Schweizer Franken und weitere Metalle und koppeln . von Mark ... Bitcoin (BTC) Price Prediction – October 30, 2020For the past 24 hours, Bitcoin has been battling to break the resistance at $13,600. The bulls have […] Huawei’s Next Flagship Phone to ... Bitreserve was founded in 2014 by Halsey Minor, a tech entrepreneur and the founder of CNET. Since its start, Bitreserve has offered the ability to peg several currencies to several fiat currencies in order to solve bitcoin’s volatility “problem.” In January, the company raised $9.6 million from a two crowdfunding websites. The company ... Bitreserve ha anunciado un refrescamiento de marca y se convierte ahora en Uphold. La hasta ayer startup del ecosistema Bitcoin se reinventa visualmente y trae un enfoque mayormente dirigido hacia soluciones financieras globales en vez de la criptomoneda, integrando así productos bancarios, bitcoin y la nueva filosofía del «Internet del Dinero». Ein bekannter Bitcoin-Visionär, prominenter Sicherheits Experte (u.a. bei Coinbase) und Autor des Werks Mastering Bitcoin. Doch kürzlich meldete Anthony Watson mit seiner Firma Uphold (Einst bekannt als BitReserve) den alleinigen Anspruch auf diese Wortgruppe an. Denn der Begriff „The Internet Of Money“ ist und war seit jeher der Firmenslogan von BitReserve und nun möchte er diesen ... Już na tydzień przed końcem zbiórki crowdfundingowej organizowanej za pośrednictwem brytyjskiego portalu Crowdcube, pochodzącemu z Południowej Karoliny w USA startupowi BitReserve udało się przekroczyć zakładany cel 6mln £ (9,35mln dolarów).. Jest to najlepszy wynik inwestycji tego typu jaki udało się dotychczas uzyskać startupowi związanemu z Bitcoinem. Binance Coin $ 27.28 1.27%. Chainlink $ 10.19 1.21%. Crypto.com Coin $ 0.167849 1.78%. Litecoin $ 48.69 1.85%. Alle Kurse . Bitcoin: Ehemaliger MasterCard und Nike Manager wechselt zu Bitreserve . Startseite; Aktuelle Artikel im Überblick; Krypto; Bitcoin; Bitcoin: Ehemaliger MasterCard und Nike Manager wechselt zu Bitreserve . von Mark Preuss. Am 9. Juni 2015 26. Mai 2019 · Lesezeit: 1 ... Binance CEO Changpeng Zhao told Bloomberg at the time the platform once had 240,000 new registrations in an hour. Uphold has more than 1.7 million users globally and a cumulative volume of $6 billion. William ‚Bill’ Dennings, jeden z byłych już ekspertów ds. bezpieczeństwa informacyjnego takich korporacji jak MasterCard czy Nike przechodzi do bitcoinowego startupu Bitreserve, odczytujemy z oficjalnego oświadczenia firmy zamieszczonego na jej stronie internetowej.. Przez wielu Dennings może być postrzegany jako swego rodzaju guru w tej dziedzinie – zawdzięcza to niewątpliwie ...

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