Uphold launches self-custody wallet supporting Ripple’s XRP token

Uphold is launching a self-custody wallet called Vault that will initially support Ripple. XRP +1.73% token and offer a feature for users who fear losing their private keys.

The company said that in the past, if a person lost their private keys, their funds were lost forever. With Vault, Uphold said users “can initiate a key replacement that will allow them to regain access to their assets,” according to a statement. Uphold’s mission with Vault is to provide the “convenience of centralized financial applications (CeFi)… combined with the security of self-custody.”

“So far, no one has offered self-custody that is practical for the common user. With Vault“We have removed the complexity to give users full control over their assets, without sacrificing the benefit of easy trading on a centralized platform,” Uphold CEO Simon McLoughlin said in a statement.

Support for Bitcoin coming soon

Uphold is rolling out Vault for the first time in beta, with the expectation of a full launch in early 2024. Uphold also plans to add support for Bitcoin during the first quarter of next year.

Launched in 2015, Uphold serves more than 10 million customers in more than 140 countries. In the US, the company is regulated by FinCen along with state regulators, he also said. Uphold, which services more than 200 currencies, cryptocurrencies and fiat, said it has “powered” more than $4 billion in transactions.

With attacks still prevalent and some faith in centralized exchanges lost following the FTX collapse, the safety and security of digital assets remains an important issue. On-chain custody protocol Safe (formerly Gnosis Safe) also announced that it has partnered with digital asset banking group Sygnum and recovery service provider Coincover to launch an optional cryptocurrency recovery service for users.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة