Dove Wallet asset cover secure fund

BTX
btx_exchange_en
Published in
Jun 12, 2020

Dove Wallet operates ‘Asset cover secure fund’ to keep customers’ assets safe from cyber risks, including hacking attacks.
‘Asset cover secure fund’ is operated as a measure of recovery and compensation fund for damage to assets in the event of hacking attacks. It is stored and managed separately in the following locations with USDT, collateralized stablecoins, and pegged against the US dollar as a 1-to-1 in terms of value.

https://etherscan.io/address/0x43d3e86ca8a9a46c19473d7ec83cc328b881648c
https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c13d831ec7?a=0xd5bea7875e8956cb7b1adcd81aafca4de64e789b

Also, Dove Wallet implements a ‘cold wallet policy’ with strict technical measures to prevent damages from hacking attacks. Any assets exceeding the value of 10 BTC, 70% of the assets are transferred & kept safe and secure in cold wallets.

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BTX
btx_exchange_en

Dove Wallet rebranded under the name “BTX”.