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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2016-08-05] What the Bitfinex Hack Means for Bitcoin Multi-Sig Security
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tyz (OP)
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August 05, 2016, 07:11:08 PM
Last edit: August 05, 2016, 07:45:23 PM by tyz
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What the Bitfinex Hack Means for Bitcoin Multi-Sig Security

"With our BitGo wallet solution it becomes impossible for our users to lose their bitcoins due to us being hacked or stealing them."
So wrote Bitfinex CFO Giancarlo Devasini about the bitcoin exchange's then-new multi-signature security architecture roughly a year before $60m was stolen in one of the industry's highest-profile hacks this week.

http://www.coindesk.com/bitcoin-bitfinex-hack-multi-sig/
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