BitGo CEO Promotes Cryptocurrency Standard as Bitfinex Hack Response

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BitGo CEO Promotes Cryptocurrency Standard as Bitfinex Hack Response

Postby kreslik.news » Mon Aug 15, 2016 12:23 pm


After one of the most influential cryptocurrency exchanges in the world, Hong Kong based Bitfinex, was hacked and clients lost about $70 million, some started to question the safety of blockchain technology itself. Now one of the people entrusted with the security at the compromised trading venue wants you to know he knows the way to protect the ecosystem.

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Mike Belshe, CEO and co-founder of Multi-Signature Wallets technology provider BitGo, has published an opinion piece entitled “Believing in Bitcoin” today on the company’s blog. Acknowledging the concerns, ... (read more)

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