On March 1, Grayscale Investments announced that it had received regulatory approval from FINRA to trade its Bitcoin currency on an electronic platform operated by the OTC Markets Group. Experts believe this could pave the way for more stability in the price of Bitcoin. Here, Ty Sagalow, president of Innovation Insurance Group, discusses recent developments […]
Bitgo CEO Talks About Bitcoin Financial Group’s New Bitcoin Theft Insurance Policy
BitBeat: BitGo Adds Comprehensive Insurance to Its Services (WSJ)
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 […]
BITGO’S BITCOIN WALLET NOW BACKED BY WORLD-CLASS INSURANCE (Cyptocoins news)
FEBRUARY 25, 2015, CYPTOCOIN NEWS BitGO were the first to pioneer the multi-signaturetransaction back in August, 2013. Now they’re pioneering in security again, with this week’s unveiling of a partnership with one of the largest underwriters in the world, XL Group and the Bitcoin Financial Group. All users of the hosted wallet service will now be […]
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 […]