Coincover Launches Protection for Personal Cryptocurrency Wallets, Makes Cryptocurrency Safer to Hold and Use
First consumer protection technology protects against theft and loss
Coincover, a provider of protection for cryptocurrency, today announced that it has made its market-leading crypto protection technology available to individual crypto wallet holders. Providing protection against loss of access and theft, Coincover’s preventative technology is backed by an insurance policy placed with certain Underwriters at Lloyd’s of
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Coincover offers the world’s only protection technology against theft and loss for personal cryptocurrency wallets that is backed by insurance from underwriters at Lloyd’s of
According to recent news1, hackers stole a record
Coincover’s Personal Cryptocurrency Protection is a set of technologies that protect, secure and recover digital assets. Their proprietary Hack Checker technology identifies suspicious activity, which includes unauthorized transactions across digital wallets and analyzes customer transactions to protect cryptocurrency users. The Seed Phrase Vault solution ensures individuals can recover access to funds in case of disaster, business failure, or loss of access.
The technology underpinning Coincover’s Personal Cryptocurrency Protection is based on the same technology Coincover uses to protect its 200+ corporate customers’ digital assets, which include many global cryptocurrency exchanges and wallet providers. Last year, Coincover checked and validated over
“Today, the biggest barrier to the widespread adoption of cryptocurrencies is a lack of adequate protection. This barrier has slowed the adoption of digital currencies, and is something we are addressing at Coincover,” said
For more information regarding Coincover’s Personal Cryptocurrency Protection, visit www.coincover.com.
About Coincover
Coincover’s proprietary technology helps prevent and protect against theft, fraud and loss of crypto assets. The Coincover solution is backed by exclusive insurance coverage provided by certain Underwriters at Lloyd’s of
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Source: Coincover
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