Roll, Repairing From Hack, Enlists Fireblocks for Key Protection
The "social money" platform will also provide cybersecurity insurance of up to $30 million for Roll creators and users.
The former securities regulator will work on market structure and customer needs at the crypto custody firm.
“It was very important for us to show the customers that we have the balance sheet and valuation to stay independent.”
Custody experts say Thursday’s attack could be related to an earlier Liquid hack last November. Is MPC really to blame?
The whitelisting and blacklisting of DeFi participants will make life easier for institutions, but potentially at a cost.
A source familiar with the situation said Prime Trust’s risk team was concerned about Celsius’ strategy of “endlessly re-hypothecating assets.”