CoinCover

Top 5 fraud risks in crypto

As cryptocurrency fraud threats evolve, so must your defence against them. In our first post, we explored the rising financial and reputational cost of crypto fraud, with the total crypto value received by...

The rising cost of crypto fraud: a wake-up call for the industry

Usually it’s a good thing when numbers go up. For crypto platforms, rising transaction volumes mean more transactions, more customers, and more revenue. But there’s another number that’s been going up, and...

CoinCover successfully completes SOC 2 Type II audit

We are pleased to announce the successful completion of our SOC 2 Type II certification. This significant milestone underscores our ongoing dedication to maintaining the highest standards of data security,...

CoinCover & Cobo strengthen partnership

Cardiff, Singapore – 24 February 2025, CoinCover, the digital asset protection provider, and Cobo, the largest digital asset custodian and blockchain infrastructure provider in the Asia Pacific (APAC) region,...

The one feature that will be your competitive moat this bull run

Your product may be technically superior, but that is not the edge you think it is. Betamax was a better format than VHS, but it lost the videotape war. Linux is more stable than Windows, but it only has a...

FTX collapse: trust matters more than ever

Originally published in CCN, 22 November 2024

Lessons from the WazirX hack

India’s largest cryptocurrency exchange, WazirX, suffered a major security breach in July 2024. Hackers exploited vulnerabilities in the exchange’s security systems, stealing over $230 million worth of...

How transparency and trust drive success in a volatile market

As the demand for robust crypto asset management increases, building and maintaining a competitive edge has never been more crucial. 562 million individuals now own crypto, a 34% increase compared to the...

Scammers use fake Telegram for BTC

Cryptocurrency has revolutionised how we view money and financial transactions. However, with innovation comes new security challenges. In the first half of 2024 alone, stolen crypto doubled to a staggering ...

CoinCover helps VirgoCX, Netcoins comply

New partnerships will help Canadian crypto exchanges exceed regulatory demands and protect customer funds

Why crypto’s bull market exposes security flaws

As featured in Finextra. 2024 is proving to be another volatile year for crypto. Since reaching a record high in March, the price of Bitcoin has fluctuated significantly. There is near-constant speculation...

Bitso taps CoinCover for protection

Bitso, the leading cryptocurrency exchange in Latin America, today announces it has joined forces with CoinCover – the blockchain protection company – to provide comprehensive security for digital assets. This...

ezBtc scandal: stop insider threats

Trust is everything to crypto exchange users. Unfortunately, there are still incidents where this trust is misplaced. Canadian exchange ezBtc made headlines for the wrong reasons after founder David Smillie...

Security vs recovery for exchanges

Since the start of 2024, around $664.4 million worth of cryptocurrencies have been stolen, with many of these taking place on exchanges. In most scenarios, an exchange is unable to recover the stolen funds or...