Share this article
South Korea's First Multisig Bitcoin Wallet Launches
Updated Sep 11, 2021, 11:38 a.m. Published Apr 14, 2015, 11:25 a.m. 1 min read
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."
, which also offers a wallet app and a payment gateway service, was built by Devign Lab following the closure of a $200,000 seed funding round provided by K Cube Ventures.
More For You
U.S. stocks and bonds, and the oil market are reacting positively to yet another purported peace agreement, but crypto markets remain under heavy pressure.
What to know:
- Markets reacted to a reported draft deal and recent U.S. airstrikes near the Strait of Hormuz by pushing stocks and bonds higher and oil lower, while bitcoin continued to slide.
- The Fed’s preferred inflation gauge, the PCE index, rose to 3.8 percent in April, its highest level since 2023, intensifying...
Top Stories
