FEBRUARY 25, 2015, WSJ Bitcoin security company BitGo has secured a theft insurance policy attached to its proprietary multi-signature wallet protection service, a first for the digital currency industry that could pave the way for companies to provide greater assurances to customers that their bitcoins are safe. According to an announcement Wednesday, A-rated insurer XL […]
BREAKING NEWS: BitGo Unleashes FDIC-like Insurance Ushering in a New Era of Bitcoin Security (Bitcoin Magazine)
FEBRUARY 25, 2015, BITCOIN MAGAZINE BitGo, a leader in Bitcoin security, announced Tuesday it had secured first-of-its-kind insurance coverage for bitcoin theft through the Bitcoin Financial Group from the global, A-rated XL Group insurance companies. With this announcement, BitGo joins the list of industry leaders including Xapo and Coinbase that offer insurance for bitcoin stored […]
Cyberinsurance Veteran Teams With BitGo on ‘Watershed’ Insurance Policy (CoinDesk)
FEBRUARY 25, 2014, COINDESK, Bitcoin security specialist BitGo has announced a new partnership with Innovation Insurance Group and XL Group that will enable it to offer $250,000 in theft insurance to customers who opt in to the program. The coverage will protect BitGo‘s web wallet and platform API clients from errors resulting from its technology, processes […]
New Hampshire Lawmakers Debate Accepting Bitcoin for Tax Payments
The New Hampshire state legislature held a pair of hearings earlier this month that focused on how the state could create a means for residents to pay taxes and fees using bitcoin. Up for debate is a bill recently filed by state representative Eric Schleien that would open the door for the state to accept bitcoin. The […]
Europol: Bitcoin’s Popularity Growing in Illicit Online Markets
Bitcoin is increasingly being used to pay for livestreams of child sex broadcasted over illicit Internet sites, according to a new Europol report. Produced by Europol’s EC3 cybercrime centre, the report sheds new light on the commercial sexual exploitation of children online, while providing evidence that individuals with a sexual interest in children are becoming more […]
