Blockchain Press Releases
ChainUp Strengthens Security Posture with Acquisition of SOC 2 Type 2 Certification
SINGAPORE, March 27, 2024 /PRNewswire/ — Further solidifying its position as a trusted leader in digital asset custody, ChainUp, a global blockchain technology solutions provider, upon its acquisition of the precursor SOC 2 Type 1 certificate and ISO/IEC 27001, 27017, 27018, has now achieved a highly sought-after Service Organization Control 2 Type 2 certification. The audit certification was conducted by Deloitte Touche Tohmatsu Certified Public Accountants LLP, in accordance with the criteria set by the American Institute of Certified Public Accountants (AICPA).
This report verifies ChainUp’s service commitments and system requirements achieved the control standards based on the applicable trust services criteria. These controls ensure the security of client data and systems, guarantee reliable access to accounts and services, safeguard the accuracy of financial information, and protect the privacy of client details. Ultimately, the SOC 2 report provides independent assurance that ChainUp prioritizes data security and has a strong system in place to keep client assets safe.
“Earning the SOC 2 Type 2 certification signifies a milestone for ChainUp,” said Sailor Zhong, Chief Executive Officer at ChainUp. “This independent validation reinforces our commitment to providing a secure and compliant environment for institutions to navigate the digital asset landscape.”
The digital asset industry is experiencing rapid growth, accompanied by increasing regulatory scrutiny. Obtaining SOC 2 Type 2 certification positions ChainUp as a reliable partner for institutions seeking secure and compliant digital asset custody solutions. By prioritizing robust security controls, ChainUp empowers its clients to confidently manage their digital asset investments. To continuously ensure ChainUp’s platform operates efficiently and delivers an exceptional customer experience, the SOC report will be reviewed annually.
About ChainUp
ChainUp is a leading global provider of end-to-end blockchain technology solutions. They offer a comprehensive suite of services including digital asset exchanges, KYT solutions, NFT trading platforms, digital wallets, liquidity solutions, Web3 infrastructure, secure digital asset custody, asset tokenization solutions, and more. Established in 2017 with a global presence, ChainUp serves over 1,000 clients in 30 countries, reaching over 60 million end-users.
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View original content:https://www.prnewswire.co.uk/news-releases/chainup-strengthens-security-posture-with-acquisition-of-soc-2-type-2-certification-302100395.html
Blockchain Press Releases
MetaComp and Bosera Strengthen Collaboration to Promote Bosera Cryptocurrency ETFs Among Global Investors
SINGAPORE, May 8, 2024 /PRNewswire/ — MetaComp Pte Ltd and its subsidiaries (collectively referred to as “MetaComp”) and Bosera Fund Management (International) Co., Ltd. (“Bosera International”) strengthened their collaboration to introduce the eagerly awaited Bosera cryptocurrency ETF to investors worldwide.
Bosera International and HashKey Capital Limited have jointly launched the Bosera HashKey Bitcoin ETF (3008.HK) and the Bosera HashKey Ethereum ETF (3009.HK), both of which began trading on 30 April 2024 on the Hong Kong Stock Exchange. These highly anticipated products have attracted significant attention from international regulators and the global investment community since their announcement, marking a pivotal step in providing investors with regulated, diversified access to the burgeoning digital asset markets.
MetaComp, a leading Singapore fintech company licensed by the Monetary Authority of Singapore (MAS) and specializing in blockchain technology and digital assets, is proud to establish this strategic cooperation with Bosera International to jointly promote innovative financial products on a global scale. Leveraging its proprietary Client Assets Management Platform, CAMP by MetaComp, as well as its deep technical and market expertise, MetaComp and its affiliate will spearhead the promotion of Bosera International’s cryptocurrency spot ETF to investors in Singapore and beyond. This collaboration underscores MetaComp’s commitment to advancing financial innovation within the framework of relevant regulations while delivering exceptional value to the global investment community.
In addition to introducing the cryptocurrency ETF, both parties plan to explore the seamless integration of Bosera International’s asset management solutions into MetaComp’s CAMP platform. This integration will empower investors with a comprehensive suite of financial tools. Furthermore, MetaComp aims to extend its digital payment token services to Bosera International, enhancing the latter’s digital asset management capabilities. Together, this collaboration will provide investors with a more holistic and streamlined financial experience, combining the strengths of both companies to deliver innovative, high-quality asset management solutions globally.
Dr. Bai Bo, Chairman and Co-founder of MetaComp, stated: “We are thrilled to deepen our partnership with Bosera International, as we jointly launch a series of innovative solutions in both traditional and cryptocurrency finance. MetaComp is dedicated to serving as a bridge between traditional and cryptocurrency finance, offering our clients secure, compliant, and innovative financial solutions that meet the evolving needs of today’s investors.”
For more details about this cooperation and to stay updated on future developments, please visit https://www.mce.sg/
About MetaComp Pte Ltd (www.mce.sg)
MetaComp is a leading Singapore-based digital asset platform that is licensed and regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019. Operating under a P2B2C (platform-to-business, partners-to-clients) model, MetaComp provides an integrated end-to-end suite of services to its clients, empowering them to confidently enter the digital asset market with the much-needed safety, security, and compliance. Together with its parent company, Metaverse Green Exchange Pte. Ltd (a MAS-licensed CMS holder permitted to carry out, inter alia, brokerage and custody services), MetaComp introduces its suite of services through CAMP by MetaComp, a regulated Client Assets Management Platform, allowing businesses to develop and scale their digital asset offerings through OTC and exchange trading services, fiat payment, digital asset custody and prime brokerage.
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View original content:https://www.prnewswire.co.uk/news-releases/metacomp-and-bosera-strengthen-collaboration-to-promote-bosera-cryptocurrency-etfs-among-global-investors-302139070.html
Blockchain
Breaking News: Bitgert Coin Price Expected To Skyrocket In Coming Days
In recent news, Bitgert coin’s price is anticipated to soar in the coming days, marking a significant development in the cryptocurrency market. This projection has attracted attention from investors and enthusiasts alike, as they await potential gains from the anticipated price surge.
The expected rise in Bitgert coin’s price has stirred excitement among crypto investors, who are closely monitoring market trends and developments to capitalize on potential opportunities. This surge is attributed to various factors, including market sentiment, technological advancements, and investor confidence in the project’s prospects.
As the cryptocurrency landscape continues to evolve, Bitgert coin’s projected price increase underscores the dynamic nature of the market and the potential for significant gains. Investors are advised to conduct thorough research and exercise caution when trading cryptocurrencies, as price movements can be volatile and unpredictable.
Overall, the anticipated surge in Bitgert coin’s price reflects the growing interest and optimism surrounding the project, highlighting its potential to deliver substantial returns for investors in the near future.
Source: cryptodaily.co.uk
The post Breaking News: Bitgert Coin Price Expected To Skyrocket In Coming Days appeared first on HIPTHER Alerts.
Blockchain
Ethereum Developers Target Ease of Crypto Wallets With ‘EIP-3074’
Ethereum developers are setting their sights on improving the user experience of crypto wallets with the implementation of Ethereum Improvement Proposal (EIP) 3074. This proposal aims to simplify the process of interacting with Ethereum smart contracts, making it easier for users to manage their digital assets securely.
EIP-3074 introduces a new type of account called “constrained accounts,” which are designed to restrict certain types of interactions with smart contracts. This feature enhances the security of crypto wallets by limiting the scope of potential attacks and reducing the risk of unauthorized access to funds.
One of the key benefits of EIP-3074 is its ability to streamline the user experience of interacting with Ethereum smart contracts. By simplifying the process of managing digital assets, this proposal aims to make crypto wallets more accessible to a wider audience, including non-technical users.
In addition to improving usability, EIP-3074 also enhances the security of Ethereum wallets by introducing new permissioning mechanisms. Constrained accounts allow users to define specific rules and conditions for interacting with smart contracts, providing an additional layer of protection against potential vulnerabilities and exploits.
Overall, EIP-3074 represents a significant step forward in the ongoing effort to enhance the usability and security of Ethereum wallets. By introducing constrained accounts and new permissioning mechanisms, this proposal aims to make it easier for users to manage their digital assets securely while also reducing the risk of unauthorized access and potential attacks.
Source: coindesk.com
The post Ethereum Developers Target Ease of Crypto Wallets With ‘EIP-3074’ appeared first on HIPTHER Alerts.
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