Crypto Security Archives

Copper and Everstake Partner to Boost Institutional Crypto Staking

Crypto Custody, Crypto Security, Crypto Staking, News / David McNickel

Switzerland-based Copper, a digital asset custody and prime services firm, has launched a strategic partnership with Everstake, a global provider of non-custodial staking and blockchain solutions. Copper says the collaboration aims to offer institutional investors secure, enterprise-grade staking services with robust asset protection. Institutional investors often face challenges in selecting reliable staking validators and ensuring […]

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Cobo on the Bybit Hack: Safe Wallets Are Only Safe-ish

Crypto Custody, Crypto Security, News / David McNickel

The recent $1.5 billion hack of cryptocurrency exchange Bybit has spotlighted vulnerabilities in the Safe{Wallet} system, challenging assumptions about the security of multi-sig wallets. On February 21, 2025, Bybit suffered a massive security breach resulting in the theft of approximately 400,000 Ethereum tokens, valued at $1.5 billion. This incident is considered the largest digital

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Is Nexo Safe? Understanding Its Legal Battles and What They Mean for Investors

Leave a Comment / Crypto Custody, Crypto Lending, Crypto Security / David McNickel

Nexo, a leading cryptocurrency lending platform, is currently entangled in several high-profile legal cases across different jurisdictions. Should its customers be worried? Nexo’s disputes range from investor lawsuits and regulatory challenges to internal disputes among co-founders and an international arbitration case against Bulgaria. Below is a breakdown of the most significant ongoing cases, and their

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New Trojan Malware StilachiRAT Targets Crypto Browser Wallets, Microsoft Warns

Crypto Custody, Crypto Security, News Lead 2 / MooLoo

Microsoft has identified a new remote access trojan (RAT) named StilachiRAT, which they say poses a significant threat to cryptocurrency users. First detected in November 2024, this malware employs advanced techniques to evade detection, maintain persistence, and exfiltrate sensitive data from compromised systems. Notably, it specifically targets cryptocurrency assets by scanning for configuration data of

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What Is Wallet As A Service?

Crypto Custody, Crypto Security / David McNickel

Wallet-as-a-Service (WaaS) and custody services are both core digital asset solutions offered by providers like Fireblocks, BitGo, and Bakkt, but they serve different functions in the crypto ecosystem. Wallet-as-a-Service (WaaS) provides large businesses like exchanges and lending platforms with a cloud-based infrastructure to integrate compliant, secure and scalable digital wallets for their customers without the

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How to Choose the Right Crypto Custody Provider: A Comprehensive Guide

Crypto Custody, Crypto Insurance, Crypto Security, How To & Guides / David McNickel

Choosing the right crypto custody solution requires careful evaluation of security measures, regulatory compliance, insurance coverage, supported assets, and cost structures. As the crypto market matures, securing digital assets has become a top priority for investors and institutions. A crypto custody provider offers secure storage solutions, ensuring assets are protected from hacks, theft, and mismanagement.

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Best Crypto Custody Providers – Comparison

Crypto Insurance, Crypto Security, Investment, News, News Lead / David McNickel

As the cryptocurrency industry expands, securing digital assets has become a critical challenge. The loss of private keys, exchange hacks, and wallet failures have resulted in significant financial losses. In response, professional crypto custody providers have emerged, offering secure storage solutions for institutions and high-net-worth investors. This article profiles our choices for the best crypto

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Fireblocks Engages SEC on Crypto Custody Amid Regulatory Scrutiny

Crypto Custody, Crypto Security / David McNickel

Digital asset infrastructure provider Fireblocks met with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force on February 20, 2025, to discuss the evolving regulatory landscape for crypto custody. The meeting comes as the SEC intensifies its focus on digital asset safekeeping, seeking to align traditional financial standards with the growing digital economy. Fireblocks,

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Coinbase Custody Fortifies Security Shield: Major Enhancement to Crypto Insurance Coverage

Crypto Insurance, Crypto Security, News Lead 2 / David McNickel

In light of the recording breaking $1.5 billion Lazarus Group hack of ByBit, worried investors are even more focused on digital asset security and insurance – so how does Coinbase stack up? Institutions holding digital assets through Coinbase Custody now benefit from what industry experts call “the largest commercial crime policy covering hot wallets” in

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What Is A ‘Qualified Custodian’?

Crypto Insurance, Crypto Security, Investment / David McNickel

Crypto custody platforms use a lot of jargon to promote their services. Most of it is marketing speak. Only some phrases actually mean anything in a legal sense – “Qualified Custodian” is one of them. If you’re reading the websites of many crypto custody platforms, you’re going see a lot of impression sounds terms like

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