The tweet was deleted by the author.
But we saved everything 🙂.
Tapbit announces multi-layered security upgrades and Proof-of-Reserves rollout
Tapbit announced a range of new measures aimed at enhancing its platform’s security, transparency, and operational resilience, including upgraded infrastructure, a Proof-of-Reserves framework, an expanded insurance fund, independent security validation, and new compliance partnerships.
Leading Forex Broker in United States
8.75/10
*Rated by real traders on Traders Union
- Chosen by 0+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
Tapbit has detailed the rollout of a comprehensive initiative to enhance its platform’s security, transparency, and operational resilience. Announced updates include a multi-layered security architecture with cold and hot wallet segregation, multi-signature controls, real-time activity monitoring, and advanced encryption measures. The platform has also introduced a Proof-of-Reserves model for independent asset verification, maintains a USD 50 million insurance fund for user protection, and has undergone independent security evaluation by CertiK, which reported finding no critical or high-risk vulnerabilities. Additionally, Tapbit has partnered with Elliptic for blockchain compliance and risk management, aiming to align its risk controls and transparency standards with those expected by institutional users.
Tapbit is a cryptocurrency platform that provides access to over 800 digital assets for trading in spot and derivatives markets, with both web and mobile platforms available. The broker offers competitive trading fees, a variety of deposit and withdrawal methods with no exchange fees, and services such as copy trading and crypto Earn products. For more information about its features, licensing, and conditions, refer to the broker profile on Traders Union.
For background, our earlier news about Tapbit highlighted the broker's introduction of a new security framework with multi-layer protection, Proof of Reserves, and a $50 million insurance fund. You can read more details in the previous Tapbit update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Subscribe to TU news
Did you like the article?
Latest Tapbit News
Weekly Top Bonuses
Top News
Top 5 companies for you
United States
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
Live News
