{"id":230868,"date":"2024-03-13T20:31:25","date_gmt":"2024-03-13T20:31:25","guid":{"rendered":"https:\/\/www.platinumcryptoacademy.com\/?p=230868"},"modified":"2024-03-13T20:31:25","modified_gmt":"2024-03-13T20:31:25","slug":"lif3-partners-with-bitgo-to-enhance-blockchain-security-for-institutional-defi-assets","status":"publish","type":"post","link":"https:\/\/cryptonaireweekly.com\/index.php\/2024\/03\/13\/lif3-partners-with-bitgo-to-enhance-blockchain-security-for-institutional-defi-assets\/","title":{"rendered":"Lif3 partners with BitGo to Enhance Blockchain Security for Institutional DeFi Assets"},"content":{"rendered":"

Road Town, British Virgin Islands, March 13th, 2024, Chainwire<\/strong><\/span><\/p>\n

<\/p>\n

Lif3 <\/strong>(LIF3\/USD)(LIF3\/USDt)<\/strong><\/a>, the revolutionary multi-chain DeFi Layer-1 ecosystem<\/a> that operates on Ethereum, Polygon, BNB Chain, and Fantom, is thrilled to announce its strategic partnership with BitGo<\/a>, the industry\u2019s leading secure qualified institutional custodian. This collaboration marks a significant leap forward in securing and democratizing access to blockchain technologies for users worldwide as Lif3.com<\/a> leverages BitGo\u2019s pioneering, multi-signature technology for custodial transactions, cold storage of Lif3 tokens<\/a>, LSHARE<\/a> tokens, and L3USD<\/a>.<\/p>\n

“We are pleased to support Lif3’s aim of increasing access to DeFi with our industry-leading, secure custody solutions. This partnership will provide Lif3 users peace of mind to confidently engage in the DeFi ecosystem,\u201d says Mike Belshe<\/a>, CEO of BitGo<\/a>.\u00a0<\/p><\/blockquote>\n

\u201cThis strategic collaboration not only enhances the safety of digital assets for institutional clients, but also instills a newfound confidence in the secure storage and transaction capabilities within the Lif3 ecosystem, setting a new gold standard for asset protection in the DeFi space. As an advocate for the LIF3 ecosystem, I\u2019m most excited to harness BitGo’s renowned multi-signature institutional custodial solutions for the impeccable safeguarding of its core assets. Joining forces with BitGo, recognized as the industry standard in security, will help provide an innovative, unparalleled layer of security for Lif3 tokens, LSHARE tokens, and L3USD – utilizing BitGo’s cutting-edge cold storage technology. The relationship with BitGo spans over a decade as I have been using their products since 2013, where their product offerings have evolved from securing Bitcoin to creating Wrapped Bitcoin (WBTC), for example. It was an easy decision to help choose BitGo to secure Lif3\u2019s ecosystem,\u201d says Harry Yeh<\/a>, Managing Director of Quantum FinTech Group<\/a>.<\/p><\/blockquote>\n

This partnership supports Lif3\u2019s vision for a more simplified, safer and interactive user experience and facilitates seamless acquisition for consumer DeFi through the \u201cLif3 Wallet<\/a>\u201d available for download on the App Store<\/a> and Google Play<\/a>.\u00a0<\/p>\n

This BitGo announcement coincides with Lif3\u2019s recent Ethereum Migration announcement<\/a> and\u00a0its strategic partnership with Layer Zero<\/a>, an alliance designed to address the challenges associated with token bridging, for a more secure and efficient blockchain experience.\u00a0<\/p>\n

Lif3.com<\/a> and the \u201cLif3 Wallet\u201d<\/a> continue to be a platform of interest for those invested in the future of decentralized finance and blockchain technology. The commitment to continuous improvement and innovation positions Lif3 as a frontrunner in shaping the future landscape of the digital economy and its vision towards breaking down barriers to cryptocurrency adoption through the Lif3 Mobile App, a one-stop solution for on-ramping, investing, trading, earning, gaming, and off-ramping.<\/p>\n

About Lif3.com<\/strong><\/p>\n

Lif3.com is a complete, omni-chain DeFi ecosystem, that includes a Curated Layer-1 Blockchain, and a self-custody wallet. \u201cLif3 Wallet\u201d\u00a0is available on the App Store and Google Play – unlocking the potential of Web3 through consumer DeFi, iGaming and the Entertainment Sectors<\/p>\n

LIF3<\/strong><\/p>\n

LIF3 (LIF3) is an ERC-20 token that powers the LIF3 ecosystem and provides a comprehensive suite of features to manage digital assets across multiple blockchains while allowing users to benefit from staking. To obtain access to $LIF3 on Bitfinex, customers can visit: https:\/\/trading.bitfinex.com\/t\/LIF3:UST<\/a> – API symbol for LIF3 is LIFIII on Bitfinex\u00a0<\/a><\/p>\n

Twitter<\/strong><\/a> | Lif3 News and Updates<\/strong><\/a> | How to Buy LIF3 with ETH or USDT on Ethereum<\/strong><\/a><\/p>\n

For official LIF3 logos and branding please users can visit:<\/strong><\/p>\n

https:\/\/docs.lif3.com\/brand-assets<\/a><\/p>\n

About BitGo<\/strong><\/p>\n

BitGo, founded in 2013, is a leading provider of secure digital asset wallet solutions, offering institutional-grade custody, staking, trading, and core wallet infrastructure. Notably, it pioneered the multi-signature wallet and launched BitGo Trust Company in 2018, the first qualified custodian for digital assets. With a $250 million insurance policy<\/a>, SOC 1 Type 2 and SOC 2 Type 2 certifications, and rigorous regulatory compliance, BitGo ensures high standards of security and confidentiality. Expanding its services, BitGo introduced institutional-grade DeFi, NFT, web3 offerings, and the Go Network. In 2023, it secured $100M Series C financing, valuing the company at $1.75B. BitGo supports 700+ digital assets, processes 20% of on-chain Bitcoin transactions, and serves over 1,500 institutional clients across 50 countries.<\/p>\n

Disclaimer<\/strong><\/p>\n

Custody services are offered through BitGo Trust Company, a South Dakota chartered trust company. BitGo is not registered with the SEC, and does not offer legal, tax, investment, or other advice. Please consult your legal\/tax\/investment professional for questions about your specific circumstances.<\/p>\n

About Quantum Fintech Group<\/strong><\/p>\n

Quantum Fintech Group is a private investment group founded in 2020, and is focused on providing superior returns in the alternative asset space focusing specifically on blockchain investments.<\/p>\n

Twitter: <\/strong>https:\/\/twitter.com\/quantumftg<\/a><\/p>\n

<\/p>\n

Contact<\/h5>\n

Media Relations<\/strong>
<\/span>Chantel Elloway<\/strong>
<\/span>Lif3 Labs Limited<\/strong>
<\/span>media@lif3.com<\/strong>
<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Road Town, British Virgin Islands, March 13th, 2024, Chainwire Lif3 (LIF3\/USD)(LIF3\/USDt), the revolutionary multi-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom, is thrilled to announce its strategic partnership with BitGo, the industry\u2019s leading secure qualified institutional custodian. This collaboration marks a significant leap forward in securing and democratizing access to […]<\/p>\n","protected":false},"author":1,"featured_media":230866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,35],"tags":[38,42,39,40,43,44,45,41],"class_list":["post-230868","post","type-post","status-publish","format-standard","has-post-thumbnail","category-press-release","category-sponsored_article","tag-blockchain","tag-crypto","tag-defi","tag-exchange","tag-pr","tag-press-release","tag-token","tag-web3"],"_links":{"self":[{"href":"https:\/\/cryptonaireweekly.com\/index.php\/wp-json\/wp\/v2\/posts\/230868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonaireweekly.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonaireweekly.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonaireweekly.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonaireweekly.com\/index.php\/wp-json\/wp\/v2\/comments?post=230868"}],"version-history":[{"count":0,"href":"https:\/\/cryptonaireweekly.com\/index.php\/wp-json\/wp\/v2\/posts\/230868\/revisions"}],"wp:attachment":[{"href":"https:\/\/cryptonaireweekly.com\/index.php\/wp-json\/wp\/v2\/media?parent=230868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonaireweekly.com\/index.php\/wp-json\/wp\/v2\/categories?post=230868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonaireweekly.com\/index.php\/wp-json\/wp\/v2\/tags?post=230868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}