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A man who was protecting the presidents of the United States will now ensure the security of something new: the bitcoin
George Sax former special agent and high official of the US secret services. UU., Started working for British Cryptocurrency company Blockchain Ltd as Head of Global Security.
Blockchain, which is named after the software on which bitcoin is based, manages more than 26 million digital portfolios in 140 countries that allow users to buy, sell and maintain digital assets.
Sax was in charge of the Secret Service Investigation Bureau and also discussed the security of the 2016 US presidential campaign, the company said. The former agent arrives at Blockchain in the face of growing fear that cryptocurrency markets remain vulnerable to cyber attacks.
In January, Coincheck Inc. said that hackers had stolen more than $ 500 million worth of Japanese digital asset trading company. Last month, a crypto-market in South Korea called Coinrail announced to have been a victim of a "cybernetic intrusion".
"We are one of the world's leading security threat targets because of our place in the cryptocurrency ecosystem," said Peter Smith, CEO and co-founder of Blockchain . "We need to secure our infrastructure, our data centers and our operations, it's a great job, and George will help us develop the next generation of security."
Although Wall Street and regulators are evaluating whether bitcoin and other digital currencies constitute a legitimate asset class, investors say that securing crypto-active is their primary concern.
Blockchain, which was founded in 2011 and raised US $ 70 million in share capital, recently unveiled a platform designed for institutional investors.
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