Coinbase Rolls Out Extensive Security Update
Coinbase has announced the addition of several new security features designed to make its cold storage business even safer. Over the past few months the company has spent time and resources implementing the new measures and increasing the percentage of coins held offline. Key Splitting, more cold storage. Coinbase is now using a new "key splitting" scheme - distributing shared pieces of security keys to safe deposit boxes and vaults around the world. This means that key holders are never located in the same geographical area. So, theoretically, there cannot be a "single point" of failure.....
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Coinbase is adding some notable technology veterans to its team, it says. The new faces at the company - former Facebook security director Ryan McGeehan and Todd Edebohls, Amazon's former director of business development & sales - will bring with them extensive experience in the areas of security and business development. When asked for comment, the San Francisco-based company issued a statement regarding the new team members, which have yet to be formally announced: "These hires represent Coinbase growth, momentum and commitment to security. As an industry it shows bitcoin is growing up,....
Coinbase, the largest U.S. cryptocurrency exchange by trading volume, has announced an exciting new update for its users. The exchange’s roughly 73 million verified users will now be able to make information about their crypto holdings public. Coinbase Goes Social Senior product manager Rishav Mukherji announced this update in a blog post on Friday. Coinbase is making […]
Paul Grewal, the Chief Legal Officer (CLO) of Coinbase, has become a major voice in the continuing discussion about the legal classification of Ethereum by the United States Securities and Exchange Commission (SEC), arguing in favor of the platform’s non-security status. Broader Recognition Of Ethereum Security Nature Taking to the X (formerly Twitter), the Coinbase […]
Coinbase just recently hired prominent Facebook and Amazon execs. Popular bitcoin wallet and payment processor Coinbase just made two prominent additions to its team. Facebook's director of security incident response - Ryan McGeehan, and Amazon's director of business development & sales - Todd Edebohls, will be leaving their jobs soon to work for Coinbase. When asked to comment about the new hires, Fred Ehrsam, co-founder of the bitcoin startup, told Techcrunch that "The industry is continuing to evolve," and "We're attracting very, very top talent from prior rocketships that were....
Popular bitcoin brokerage service and web wallet provider Coinbase is managing to snag some Silicon Valley talent. Start-ups and technology blog TechCrunch published a report Wednesday evening that indicates that Facebook's Director of Security Incident Response, Ryan McGeehan, is taking a job at San Francisco-based Coinbase in a security-based role. Ryan McGeehan's Announcement. McGeehan's announcement came via his Facebook page (what else?), in which he noted that his last day with Facebook will be in early April - at which point he'll be leaving for Coinbase.