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Bitcoin policy advocate Dennis Porter recently said he expects states to establish Bitcoin reserves before the federal government.
As talk of a potential Bitcoin (BTC) strategic reserve grows and sovereign states weigh adopting BTC as a reserve asset, crypto custody company Casa recently announced a self-custody option for nation-states called Praetorian.
The new service will provide sovereign powers with security through Casa’s multisignature crypto vaults. Each vault is located in a different jurisdiction and uses strong encryption standards for security. The service also allows for delegation between administrative personnel. Nick Neuman, co-founder and CEO of Casa, wrote:
According to Casa, security and self-autonomy are maintained regardless if Casa remains operational as a company, and funds will remain safe in the event the company ceases to exist.
A security researcher says he has discovered a massive, unprotected database online containing 644,869 files with extremely sensitive data on American citizens. Jeremiah Fowler says he recently found the non-password protected database on the cloud, containing records belonging to SL Data Services/Propertyrec. The firm provides property, vehicle and criminal records, as well as background checks. […]
The post 644,869 Records on American Citizens Exposed As Massive Data Breach Reveals Full Names, Addresses, Emails, Employment Details, Social Media Accounts, Phone Numbers and Criminal Records: Report appeared first on The Daily Hodl.
XT.com issued a statement acknowledging an “abnormal transfer of platform wallet assets,” but hasn’t yet confirmed the hack.
XT.com, a cryptocurrency exchange trading $3.4 billion daily, suspended withdrawals on its platform after a suspected $1.7 million hack.
The exchange suspended withdrawals, citing “wallet upgrade and maintenance,” it said on Nov. 28.
XT.com’s withdrawal suspension announcement on Nov. 28. Source: XT.com