XLink Partners with Cobo and Coincover to Enhance Bitcoin Security
In a move to revolutionize the Bitcoin decentralized finance (DeFi) space, XLink has announced a strategic collaboration with crypto custody provider Cobo and blockchain protection company Coincover. This partnership aims to provide enhanced security and reliability to Bitcoin users, addressing prevalent vulnerabilities such as hacking, thefts, and operational disruptions.
XLink, known for its efforts to enhance Bitcoin functionality across various blockchain networks, will leverage Cobo’s cutting-edge MPC custody technology and Coincover’s robust disaster recovery services. The integration of these solutions is set to bolster security protocols within the Bitcoin Layer 2 landscape.
Dr. Changhao Jiang, CTO and Co-Founder of Cobo, emphasized the significance of integrating Cobo’s MPC technology into XLink’s DeFi platform, highlighting the importance of safeguarding against external threats and internal breaches. Coincover’s disaster recovery services will further enhance the resilience of XLink’s platform, ensuring operational continuity at all times.
Alex Saleh, Head of Partnerships at Coincover, stressed the importance of instilling confidence among users by creating a secure environment for crypto enthusiasts. XLink’s CTO and Co-founder, Dr. Chan Ahn, expressed excitement about the collaboration, stating that XLink is poised to become the liquidity hub of Bitcoin DeFi by delivering unparalleled security and an exceptional user experience.
With advanced security technologies and protections in place, XLink aims to unlock the full potential of Bitcoin and usher in a new era of DeFi. This collaboration marks a significant step towards enhancing security and reliability in the crypto space, setting a new standard for Bitcoin users worldwide.
