Numen Cyber, a Singapore-based Web3 security company, teams up with Cobo to offer disaster recovery services

Numen Cyber, a Web3 security company, has partnered with Cobo, a digital asset custody solutions provider, to offer disaster recovery services and collaborate on multi-party computation (MPC) custody, Web3 security services, and on-chain tracking analysis. The aim is to provide enhanced protection for digital assets and accelerate MPC client security and growth. Numen Cyber plans to leverage its Web3 security services and on-chain tracking analysis expertise to develop new solutions for Cobo MPC clients. The companies will work together on cyberattacks, smart contract audits, and other cybersecurity issues. Cobo MPC-based co-managed custody solution makes use of secure MPC technology to implement a threshold-signature scheme. Private key shares are created simultaneously by each party in a secure environment so they can jointly sign transactions without exposing their key shares. Numen Cyber is committed to securing the future of the decentralized internet, and has expertise in identifying and mitigating potential cyber threats for safer and reliable Web3 operations. Numen Cyber’s comprehensive Web3 security solutions are used by a growing number of clients worldwide, ranging from individuals to large enterprises. The company’s commitment to offering advanced and secure cybersecurity solutions for Web3 is part of its mission to create a safer and secure decentralized internet.

Tags

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

The NFT Market is Projected to Exceed $200 Billion by 2030.

Non-fungible tokens (NFTs) are predicted to have a significant impact on the global economy, transforming the way value and ownership are perceived in both the digital and physical worlds. The NFT market,...

More Digital Currency is Not Necessary

US Securities and Exchange Commission (SEC) Chair Gary Gensler has said the world does not need more digital currencies. Gensler, who has held a firmly anti-crypto stance since taking office, made his...

Top Lawyer Claims Industry's Input is Crucial for Crypto Regulation

Lawyer Claire Cummings has argued that those who understand crypto should lead industry regulation. Cummings is managing partner of Cummings Pepperdine, a London-based law firm operating at the intersection...

VanEck Predicts Ethereum Will Reach $50,000 by 2030.

Investment management firm VanEck has suggested an ambitious price target of over $50,000 for Ethereum by 2030, grounded in practical analysis. Understanding Ethereum’s valuation requires comprehension...

Former Co-Owner of Minnesota Vikings Imprisoned for Cryptocurrency Fraud

Reggie Fowler, the former co-owner of the NFL’s Minnesota Vikings, has been sentenced to over six years in prison for his involvement in a $750 million cryptocurrency scam. Global Trading Solutions, which...

"Bitcoin Streaming Takes Over Mobile Gaming World"

Glip.gg, a mobile gaming app, is accelerating the adoption of Web3 technology through its platform, studio and infrastructure. Its state-of-the-art NFT infrastructure can be used by gaming studios and...

Surge in DEX Volumes by Over 150% Following Binance's SEC Lawsuit

Volumes on Ethereum’s decentralized exchange (DEX) Uniswap v3 increased by 87% in the last 24 hours, following the US Securities and Exchange Commission’s lawsuit against Binance for offering...

FIO Protocol Reveals Widespread Acceptance Through Universal Crypto Handles

FIO Protocol is launching its Universal Crypto Handles as a solution designed to revolutionize the world of cryptocurrencies and blockchain technology. FIO Protocol’s offering is set to pave the...

Genesis Granted Extension to Present Final Payment Plan

Genesis, the crypto lender that filed for Chapter 11 bankruptcy in January, has been granted more time by the US Bankruptcy Judge Sean Lane to provide its suggestions for a payout proposal to creditors....

Approval of Cboe Crypto Futures by CFTC Despite SEC's Opposition

The US Commodities Futures Trading Commission has given approval for a crypto futures trading platform for “margined futures”. The CFTC has approved Cboe Clear Digital’s request for “additional...
Load More

Comments

Comments

Coming Soon

Subscribe and be the first to know about the launch

Look at our roadmap

AND FOLLOW
Share
Twitter
Telegram
Facebook
LinkedIn
Reddit
Email

Thanks for subscribing

You will only receive important notifications
For now, follow to our social networks