Associated tags: MPC, Decentralized finance, Cryptocurrency
Locations: COBO, ASIA, SECURE, HONG KONG, SINGAPORE, MIDDLE EAST, EUROPE, SOUTH AMERICA, SG
Retrieved on:
Wednesday, February 21, 2024
SINGAPORE, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Ethena, the developer of USDe, a synthetic dollar on Ethereum, is pleased to announce its strategic partnership with Cobo to leverage Cobo SuperLoop’s off-exchange custody and settlement network. Ethena will hold staked Ethereum assets in secure MPC wallets provided by Cobo and utilize Cobo SuperLoop to mirror funds 1:1 on exchanges. This adds further robustness to the Ethena off-exchange architecture, which eliminates counterparty risk associated with opening positions on centralized exchanges.
Key Points:
- SINGAPORE, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Ethena, the developer of USDe, a synthetic dollar on Ethereum, is pleased to announce its strategic partnership with Cobo to leverage Cobo SuperLoop’s off-exchange custody and settlement network.
- Ethena will hold staked Ethereum assets in secure MPC wallets provided by Cobo and utilize Cobo SuperLoop to mirror funds 1:1 on exchanges.
- This adds further robustness to the Ethena off-exchange architecture, which eliminates counterparty risk associated with opening positions on centralized exchanges.
Retrieved on:
Friday, February 16, 2024
SINGAPORE, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Cobo, a leading provider of digital asset custody solutions, is proud to announce the launch of its innovative MPC co-managed custody solution for Bitcoin Layer 2 bridges. This pioneering solution is designed to address the critical security challenges of funds flowing in and out of Bitcoin Layer 2s (L2s).
Key Points:
- SINGAPORE, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Cobo, a leading provider of digital asset custody solutions, is proud to announce the launch of its innovative MPC co-managed custody solution for Bitcoin Layer 2 bridges.
- This pioneering solution is designed to address the critical security challenges of funds flowing in and out of Bitcoin Layer 2s (L2s).
- Built on the foundation of Cobo’s cutting-edge Multi-Party Computation (MPC) custody technology, this Bitcoin L2-dedicated custody solution sets a new industry standard with its enhanced security mechanism.
- Cobo’s MPC custody solution for L2 bridges also offers the flexibility of other configurations, including 3-of-3, 3-of-5, etc, according to the projects’ unique requirements, facilitating the worldwide distribution of private key shares.
Partnership,
MPC,
Merlin,
Failure,
Attack,
Secure multi-party computation,
Collection,
Ordinal,
Entrepreneurship,
Custody,
BTC,
Blue box,
Cryptocurrency SINGAPORE, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Cobo, a leading provider of digital asset custody solutions, has announced a strategic partnership with Merlin Chain, an innovative Bitcoin Layer 2 solution.
Key Points:
- Merlin Chain is a subsidiary product line from Bitmap Tech (formerly RCSV), a premier team boasting an overall market cap exceeding $500 million.
- Merlin Chain will bridge multiple native assets from Bitcoin Layer 1 to Layer 2, utilizing Cobo’s cutting-edge MPC wallet solution - Cobo MPC Co-Managed Custody, to ensure all funds remain non-custodial and secure.
- Cobo MPC Co-Managed Custody solution employs advanced Multi-Party Computation technology to implement a Threshold Signature Scheme.
- Our pioneering Layer 2 solution, Merlin Chain, fueled by the power of Cobo’s MPC Co-managed Custody, is set to redefine user experience, security, and accessibility of the Bitcoin network.”
Retrieved on:
Wednesday, January 10, 2024
SINGAPORE, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Cobo, a leading digital asset custody solutions provider, has partnered with global insurance provider OneInfinity by OneDegree to provide enhanced insurance coverage for its clients' assets.
Key Points:
- SINGAPORE, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Cobo, a leading digital asset custody solutions provider, has partnered with global insurance provider OneInfinity by OneDegree to provide enhanced insurance coverage for its clients' assets.
- Cobo clients can now confidently store their digital assets with the added protection of OneInfinity's tailored specie insurance policy.
- Furthermore, clients can rest assured that Cobo has successfully met OneInfinity's stringent due diligence standards, implementing industry-best practices to safeguard crypto assets against theft and hacks.
- “We are delighted to partner with respected insurance leaders such as OneInfinity to provide our clients with premier digital asset insurance,” said Changhao Jiang, CTO and Co-Founder of Cobo.
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Monday, December 18, 2023
SINGAPORE, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Cobo, a global leader in digital asset custody solutions, announced it has achieved ISO 27001 certification, the internationally recognized standard for Information Security Management Systems (ISMS). The official certification from BSI Group was received following a rigorous and comprehensive audit process.
Key Points:
- SINGAPORE, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Cobo, a global leader in digital asset custody solutions, announced it has achieved ISO 27001 certification, the internationally recognized standard for Information Security Management Systems (ISMS).
- ISO 27001 is the global benchmark for effective information management, outlining the best practices for organisations to safeguard against potential security breaches.
- The ISO 27001 certification applies across Cobo’s business systems, including all important information assets and data.
- “Achieving the ISO 27001 certification demonstrates Cobo’s relentless pursuit of the highest security standards for our systems and customer data,” said Changhao Jiang, Co-Founder and CTO of Cobo.
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Thursday, September 28, 2023
Cloud,
Partnership,
Web3,
Failure,
MPC,
Organization,
Risk,
Google Cloud,
Digital,
Ecosystem,
Wallet,
Cryptocurrency By joining forces with industry-leading cloud platforms, Cobo aims to harness its secure computing capabilities and combine state-of-the-art security protocols and advanced technological expertise to set new benchmarks in digital asset custody.
Key Points:
- By joining forces with industry-leading cloud platforms, Cobo aims to harness its secure computing capabilities and combine state-of-the-art security protocols and advanced technological expertise to set new benchmarks in digital asset custody.
- Additionally, Cobo will collaborate with the cloud platforms on the implementation of its advanced multi-party-computation (MPC) custody technology.
- To address this market gap, Cobo developed Cobo MPC Lite, a cloud-based MPC self-custody solution with mobile support that is enterprise-grade and cost-effective.
- We are excited to partner with the world’s leading cloud providers to redefine industry standards for wallet infrastructure and MPC technology, and empower web3 users worldwide,” said Dr. Changhao Jiang, co-founder and CTO of Cobo.
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Thursday, September 28, 2023
Cloud,
Organization,
Cloud computing,
Visage SDK,
Alibaba Group,
Digital technology,
API,
Alibaba Cloud,
Intelligence,
Wallet,
MPC,
Cryptocurrency SINGAPORE, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Cobo, a leader in digital asset solutions, has collaborated with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, to bring enterprise-grade wallet infrastructure to Web3 organizations in the international market.
Key Points:
- SINGAPORE, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Cobo, a leader in digital asset solutions, has collaborated with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, to bring enterprise-grade wallet infrastructure to Web3 organizations in the international market.
- This collaboration merges Cobo’s deep expertise in digital asset solutions with Alibaba Cloud's scalable, robust and secure cloud computing and intelligent tools.
- The collaboration introduces a Wallet-as-a-Service solution for developers and organizations, enabling easy integration of advanced wallet technology into applications through APIs and SDKs.
- This collaboration marks a significant step towards setting new standards in security, performance, and accessibility of the digital wallet infrastructure for web3.
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Tuesday, September 26, 2023
SINGAPORE, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Cobo, a leading digital asset custody technology provider, today announced a strategic partnership with Antalpha, a digital asset technology service platform for institutional investors. Through this collaboration, Antalpha will integrate Cobo’s pioneering B2B2C MPC Wallet-as-a-Service (WaaS) solution into its brokerage platform, Antalpha Prime.
Key Points:
- SINGAPORE, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Cobo, a leading digital asset custody technology provider, today announced a strategic partnership with Antalpha, a digital asset technology service platform for institutional investors.
- Through this collaboration, Antalpha will integrate Cobo’s pioneering B2B2C MPC Wallet-as-a-Service (WaaS) solution into its brokerage platform, Antalpha Prime.
- This integration is set to bring an unprecedented level of security and transparency to the Antalpha Prime platform, empowering its end investors with control over their digital assets at all times.
- “The integration of Cobo’s MPC WaaS B2B2C solution underscores our unwavering commitment to empowering every Antalpha Prime user, and elevating the security of their digital assets.
Retrieved on:
Monday, September 18, 2023
This empowers investors with unparalleled peace of mind and ensures the highest level of security for their digital assets.
Key Points:
- This empowers investors with unparalleled peace of mind and ensures the highest level of security for their digital assets.
- By turning Wins into Win-Wins, this collaboration aims to set new industry standards in fund security, trading efficiency, and investor protection.
- Gracy Chen, Managing Director at Bitget, remarked, "Our partnership with Cobo is a testament to our unwavering commitment to providing the highest level of security and efficiency to our users.
- Dr. Changhao Jiang, CTO and co-founder of Cobo, commented, "Cobo is delighted to integrate Bitget into SuperLoop as one of the supported exchanges and bring our institutional-grade solutions to their platform.
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Wednesday, September 6, 2023
SINGAPORE, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Cobo, a global leader in digital asset custody solutions, has announced a strategic partnership with BlockSec, a renowned blockchain security company. This collaboration marks a significant step forward in the decentralized finance (DeFi) community as two industry leaders team up to pioneer the development of a groundbreaking solution: advanced “Security Frontrun Bots”. These bots are designed for institutional DeFi investors to secure their funds in the event of emergent DeFi security attacks by front-running malicious attacks to withdraw their funds into safety.
Key Points:
- This collaboration marks a significant step forward in the decentralized finance (DeFi) community as two industry leaders team up to pioneer the development of a groundbreaking solution: advanced “Security Frontrun Bots”.
- These bots are designed for institutional DeFi investors to secure their funds in the event of emergent DeFi security attacks by front-running malicious attacks to withdraw their funds into safety.
- The “Security Frontrun Bots” will proactively tackle these challenges by utilizing advanced on-chain transaction monitoring and simulation technologies along with sophisticated analysis algorithms to identify and thwart malicious attacks.
- By harnessing real-time security data collection, the pioneering “Security Frontrun Bots” are able to identify and front-run attackers’ transactions to withdraw user funds to avoid losses.
