MicroStrategy still doesn’t plan to sell its Bitcoin, according to the company’s new Chief Financial Officer Andrew Kang. The recent bear market, which has brought Bitcoin’s value below the company’s average purchase price, hasn’t shaken the organization’s faith. “At this time, we do not have any intention to sell,” said the CFO, after joining the company on May 9th hailing from GreenSky. “There are no scenarios that I’m aware [in which] we would sell.” Shareholders also remain confident and reportedly…
Tag: Coincorner
CoinCorner Introduces Automated Bitcoin Hot Wallet that Stores Private Keys Offline
Danny Scott, the CEO of CoinCorner exchange, recently published the findings of an R&D project that promises to revolutionize the security of crypto exchanges. The CEO unveiled an early structure of a high-level device dubbed "Hoffline," the first-ever automated, air-gapped BTC hot wallet where the private keys never go online. CoinCorner's research team developed Hoffline to combine the convenience of a hot wallet with the enhanced security of a cold wallet. The device is automated for use with crypto exchanges…
11 months ago 190
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