The crypto rich find security in Anchorage

Not the city, the $57 million-funded cryptocurrency custodian startup. When someone wants to keep tens or hundreds of millions of dollars in Bitcoin, Ethereum, or other coins safe, they put them in Anchorage’s vault. And now they can trade straight from custody so they never have to worry about getting robbed mid-transaction. With backing from […] Continue reading The crypto rich find security in Anchorage

Facebook’s Libra cryptocurrency loses all but one payment company

Gone: Mastercard, Visa, PayPal, eBay, Stripe, Mercado Pago. Of six payments firms first involved in Libra, just one, PayU, remains. Continue reading Facebook’s Libra cryptocurrency loses all but one payment company

Visa funds $40M for no-password crypto vault Anchorage

Visa and Andreessen Horowitz are betting even bigger on cryptocurrency, funding a big round for fellow Facebook Libra Association member Anchorage’s omnimetric blockchain security system. Instead of using passwords that can be stolen, Anchorage requires cryptocurrency withdrawals to be approved by a client’s other employees. Then the company uses both human and AI review of […] Continue reading Visa funds $40M for no-password crypto vault Anchorage