Hackers want your crypto, Curv them on Beaxy

nmesis
Beaxy Exchange
Published in
2 min readApr 30, 2020

The two things that you need to feel safe with a crypto exchange is your money and your data. In an effort to further deliver on these commitments, Beaxy is excited to announce a partnership with Curv, a cloud-based digital asset security platform which provides comprehensive protection on the custody of digital assets.

Curv’s revolutionary cryptography removes the uneasiness of leaving digital assets on an exchange and having them susceptible to hack, theft or seizure. The partnership with Curv will ensure Beaxy clients have peace of mind over their assets on the exchange.

Brian Peterson, Beaxy’s Chairman of the Board, shared the following about the partnership, “Curv is a rising star in the institutional custody of digital assets and is now the standard for any organization seeking full protection and autonomy over assets for their end clients. Curv makes it easy for Beaxy to manage digital assets by ensuring every transaction a client makes is secure.”

Once Curv is live, Beaxy clients will be able to leverage Curv as follows: A client deposits their Bitcoin (or any digital asset of their choosing) on Beaxy’s exchange and they then can rest easy knowing their assets are protected by Curv’s unique decentralized security model. Curv eliminates the need for private keys, replacing them with multi-party computation (MPC) protocols that enable transactions to be securely signed in a distributed way to eliminate any single point of failure. In short, the digital assets are under bulletproof protection on Beaxy thanks to Curv’s approach to security.

“It’s critical for the growth of digital assets to have multiple, strong parties providing services to investors. We welcome Beaxy’s entrance into the market as a FINCen registered provider and are impressed with the level of importance they have placed on digital asset security as part of their broader service offering”, added William Herkelrath, CRO of Curv.

With Curv’s partnership, Beaxy hopes to bring greater legitimacy to the world of digital assets through a combination of advanced technologies and simpler processes for users to buy, sell and store digital assets.

For further inquiries about our Curv partnership, please contact info@beaxy.com

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