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Fireblocks Enlists Crypto Insurance Firm Coincover for Third-Party Key Recovery Service

Cryptocurrency custody specialist Fireblocks has deepened its relationship with U.K.-based digital assets protection and insurance company Coincover, doubling down on backup and disaster recovery for cryptographic keys.

Fireblocks, which employs a clever key sharding technology called multi-party computation, encourages customers to independently back up their keys and combine that with third party disaster recovery services from Coincover, one of the first crypto firms to work with Lloyd's of London.

(By Ian Allison)

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