Base

Optimism

Security

Fireblocks, a leading crypto custody firm, has inked an affiliation deal with Coinbase International Exchange to enhance security standards. Fireblocks’ customers can directly integrate their accounts with Coinbase International Exchange while utilizing Fireblocks’ governance and policy rules to manage activities such as withdrawals and deposits. 
Multi-Party Computation (MPC) Integration 
Fireblocks’ <a href="https://www.fireblocks.com/blog/fireblocks-x-coinbase-international-exchange/" target="_blank" rel="noreferrer noopener">partnership</a> involves the integration of Multi-Party Computation (MPC) technology, which eliminates a single point of compromise from API credentials, and secure hardware enclaves, ensuring robust protection for users’ assets. 
Customers can utilize Fireblocks’ policy engine to configure user roles, governance policies, and approval workflows tailored for exchange operations. This functionality empowers users to manage deposit, withdrawal, and rebalancing activities across platforms securely. It effectively prevents unauthorized fund movements and ensures transparency in account balances. 
Coinbase International Exchange CEO Usman Naeem expressed confidence in the partnership’s potential to enhance service offerings for institutional and retail clients, highlighting their commitment to providing a reliable trading infrastructure in the digital asset landscape. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/06/10/coinbase-base-crosses-8b-tvl-surpasses-optimism-op-mainnet/" target="_blank" rel="noreferrer noopener">Coinbase Base Crosses $8B TVL Surpasses Optimism OP Mainnet</a> 
</blockquote>

Fireblocks Enhances Customer Security with Coinbase Alliance

The Crypto Times

Other articles published on Jun 10, 2024

Bitfarms adopts ‘poison pill’ amid Riot Platforms’ takeover attempt

Analyst Optimistic & Volatility Low; Can OM Crypto Grow By 2x?

XRP, Dogecoin, SEI, Wormhole, and CYBRO: ChatGPT Makes a Bold Prediction on Which Crypto Can Reac...

Bitcoin Mining Stock Hive Digital Is Rising Monday: What's Going On?

HSBC China Breaks Ground with e-CNY Services for Corporate Clients

Bitcoin Prepares for One of Its Most Active Weeks

Join our free newsletter for daily crypto updates!