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.
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.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
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
More For You
This article is created to test tags being added to image overlays
Dek: This article is created to test tags being added to image overlays
What to know:
- Ethena's USDe becomes fifth stablecoin to surpass $10 billion market cap in just 609 days, while Tether's dominance continues to slip.
Top Stories
