BitGo adds Stellar to wallet and custody services

Posted 06 December, 2018

Crypto wallet and custody provider – BitGo – announced adding of Stellar Lumens (XLM) to the list of the supported coins.

According to the company blog post, with this move, BitGo has become "the first multi-signature wallet and custodial solution on the market supporting the digital currency. " After this expansion, the service reportedly supports 115 crypto tokens. 

"We’re continuously adding support for digital currencies that our clients express interest in, and lumens are a natural next addition. The Stellar network offers BitGo clients access to a public financial structure for cross-border transfers, making XLM an important new asset for investors," commented in press release Ben Chan, BitGo CTO.

The company spokesperson commented earlier that it would be an important business step since Stellar network might boost their service by an unmatched payment system. As he noted, the token's infrastructure brings easier cross-asset transfers of value.

For reference, multi-signature wallets for lumens must be created manually by the network's users earlier.

The company co-founder noted:

" As the leading institutional custodian service and business wallet in the market, BitGo provides a broad range of options for anyone interested in holding lumens. BitGo broadens institutional client exposure to Stellar by making it significantly easier and more secure to hold XLM. "

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06 December, 2018 13:55

← Hodl Hodl rolls out new version, BTC and LTC added

The Hodl Hodl project, p2p crypto platform, announced an update to version 1.18 adding new crypto pairs and inactive users deactivating. The list of the supported coins will be expanded with trading services for Bitcoin and Litecoin. In fact, the developers have left offering unchanged: the user will have to set the currency in which payment must be made. Notably, customers will become able to choose the cryptocurrency from the related list. 

Hodl Hodl rolls out new version, BTC and LTC added

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06 December, 2018 11:26

Some EU countries sign memorandum for blockchain technology promotion →

The EU countries have entered into a memorandum for the promotion of the distributed ledger technology to transform their economies and making the region the leading player in the sector. Seven EU members, France, Cyprus, Greece. Malta, Italy, Spain and Portugal, signed the document during the meeting held in Brussels on December 4. The parties believe that the blockchain technology can be the key driver for boosting performance and transparency of the state services (education, transport, medicine, customs etc.) making them more effective with increased privacy of the people. The countries also plan to hold regular meeting to share the technologies and the progress.

Some EU countries sign memorandum for blockchain technology promotion
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