{"id":264684,"date":"2024-03-14T10:03:20","date_gmt":"2024-03-14T04:33:20","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=264684"},"modified":"2024-03-14T10:03:20","modified_gmt":"2024-03-14T04:33:20","slug":"lif3-partners-with-bitgo-to-enhance-blockchain-security-for-institutional-defi-assets-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/lif3-partners-with-bitgo-to-enhance-blockchain-security-for-institutional-defi-assets-crypto-news\/","title":{"rendered":"Lif3 Partners With BitGo To Enhance Blockchain Security for Institutional DeFi Assets &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p style=\"text-align: center\"><em><span class=\" author-d-4z65zz66zl57z75zyiz66zfr2fz87zwz89znujenz75z7bz84zvdj6jnbuee2wz86z5ehz74zz85zz86zfpz70zz76z\">March 13, 2024 \u2013 Road Town, British Virgin Islands<\/span><\/em><\/p>\n<hr \/>\n<blockquote>\n<h5>Lif3 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/trading.bitfinex.com\/t\/LIF3:UST\">(LIF3\/USD) (LIF3\/USDt)<\/a>, the revolutionary multi-chain DeFi layer one <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/lif3.com\/\">ecosystem<\/a> that operates on Ethereum, Polygon, BNB Chain and Fantom, is thrilled to announce its strategic partnership with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bitgo.com\/\">BitGo<\/a>, the industry\u2019s leading secure qualified institutional custodian.<\/h5>\n<\/blockquote>\n<p>This collaboration marks a significant leap forward in securing and democratizing access to blockchain technologies for users worldwide as <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/lif3.com\/\">Lif3.com<\/a> leverages BitGo\u2019s pioneering, multi-signature technology for custodial transactions, cold storage of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/lif3.com\/how-to-buy\">Lif3 tokens<\/a>,<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/lif3.com\/swap?chainId=1&amp;swapType=Aggregator&amp;inputCurrency=ETH&amp;outputCurrency=0x8E01397163b21F64ceC1f06cA6cC7d9aA8F718e9\"> LSHARE<\/a> tokens and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/lif3.com\/l3usd?chainId=1\">L3USD<\/a>.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mikebelshe\">Mike Belshe<\/a>, CEO of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bitgo.com\/\">BitGo<\/a>, said,<\/p>\n<p><em>\u201cWe are pleased to support Lif3\u2019s 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<\/em><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/harryyeh\">Harry Yeh<\/a>, managing director of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/quantumftg\">Quantum FinTech Group<\/a>, said,<\/p>\n<p><em>\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.<\/em><\/p>\n<p><em>\u201cAs an advocate for the Lif3 ecosystem, I\u2019m most excited to harness BitGo\u2019s renowned multi-signature institutional custodial solutions for the impeccable safeguarding of its core assets.<\/em><\/p>\n<p><em>\u201cJoining 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 <span class=\" author-d-4z65zz66zl57z75zyiz66zfr2fz87zwz89znujenz75z7bz84zvdj6jnbuee2wz86z5ehz74zz85zz86zfpz70zz76z\">\u2013 <\/span>utilizing BitGo\u2019s cutting-edge cold storage technology.<\/em><\/p>\n<p><em>\u201cThe 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<\/em><\/p>\n<p>This partnership supports Lif3\u2019s vision for a more simplified, safer and interactive user experience and facilitates seamless acquisition for consumer DeFi through the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/lif3.com\/wallet?chainId=250\">Lif3 Wallet<\/a>, available for download on the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apps.apple.com\/us\/app\/lif3\/id6444389674\">App Store<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.lif3.wallet\">Google Play<\/a>.<\/p>\n<p>This BitGo announcement coincides with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/official-lif3.medium.com\/lif3-announcing-genesis-on-ethereum-4f311cc1b7d2\">Lif3\u2019s recent Ethereum Migration announcement<\/a> and\u00a0its strategic partnership with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/layerzero.network\/\">Layer Zero<\/a>, an alliance designed to address the challenges associated with token bridging for a more secure and efficient blockchain experience.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/lif3.com\/\">Lif3.com<\/a> and the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/lif3.com\/wallet?chainId=250\">Lif3 Wallet<\/a> continue to be a platform of interest for those invested in the future of DeFi (decentralized finance) and blockchain technology.<\/p>\n<p>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<h5><strong>About Lif3.com<\/strong><\/h5>\n<p>Lif3.com is a complete, omni-chain DeFi ecosystem, that includes a curated layer one blockchain, and a self-custody wallet.<\/p>\n<p>Lif3 Wallet is available on the App Store and Google Play, unlocking the potential of Web 3.0 through consumer DeFi, iGaming and the entertainment sectors.<\/p>\n<h5><strong>Lif3<\/strong><\/h5>\n<p>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.<\/p>\n<p>To obtain access to Lif3 on Bitfinex, customers can visit <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/trading.bitfinex.com\/t\/LIF3:UST\">here<\/a>. API symbol for Lif3 is LIFIII on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/trading.bitfinex.com\/t\/LIF3:USD\">Bitfinex<\/a>.<\/p>\n<p>For official Lif3 logos and branding, users can visit <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/docs.lif3.com\/brand-assets\">here<\/a>.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Official_LIF3\">X<\/a> | <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/lif3.com\/news?chainId=1\">Lif3 news and updates<\/a> | <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/support.lif3.com\/hc\/en-us\/articles\/9142523865871-How-to-Buy-LIF3-with-ETH-or-USDT-on-Ethereum\">How to buy LIF3 with ETH or USDT on Ethereum<\/a><\/p>\n<h5><strong>About BitGo<\/strong><\/h5>\n<p>BitGo, founded in 2013, is a leading provider of secure digital asset wallet solutions, offering institutional-grade custody, staking, trading and core wallet infrastructure.<\/p>\n<p>Notably, it pioneered the multi-signature wallet and launched BitGo Trust Company in 2018, the first qualified custodian for digital assets.<\/p>\n<p>With a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bitgo.com\/resources\/insurance\/\">$250 million insurance policy<\/a>, SOC 1 type two and SOC 2 type two certifications and rigorous regulatory compliance, BitGo ensures high standards of security and confidentiality.<\/p>\n<p>Expanding its services, BitGo introduced institutional-grade DeFi, NFT, Web 3.0 offerings and the Go Network.<\/p>\n<p>In 2023, it secured $100 million Series C financing, valuing the company at $1.8 billion.<\/p>\n<p>BitGo supports more than 700 digital assets, processes 20% of on-chain Bitcoin transactions and serves over 1,500 institutional clients across 50 countries.<\/p>\n<h5><strong>Disclaimer<\/strong><\/h5>\n<p>Custody services are offered through BitGo Trust Company, a South Dakota chartered trust company.<\/p>\n<p>BitGo is not registered with the SEC and does not offer legal, tax, investment or other advice.<\/p>\n<p>Please consult your legal\/tax\/investment professional for questions about your specific circumstances.<\/p>\n<h5><strong>About Quantum Fintech Group<\/strong><\/h5>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/quantumftg\">Quantum Fintech Group<\/a> 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<h5><strong>Contact<\/strong><\/h5>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/2024\/03\/13\/lif3-partners-with-bitgo-to-enhance-blockchain-security-for-institutional-defi-assets\/mailto:media@lif3.com\">Chantel Elloway<\/a>, media relations at Lif3 Labs Limited<\/p>\n<div class=\"hideinamp\">\n<h6>This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.<\/h6>\n<p style=\"text-align: center\"><span style=\"font-family: verdana, geneva, sans-serif;font-size: 10pt\">Follow Us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif;font-size: 10pt\">Check out the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/industry-announcements\/\">Latest Industry Announcements<\/a> <\/span>\u00a0\n<\/div>\n<p>\u00a0<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>March 13, 2024 \u2013 Road Town, British Virgin Islands Lif3 (LIF3\/USD) (LIF3\/USDt), the revolutionary multi-chain DeFi layer one 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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":235984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-264684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/264684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=264684"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/264684\/revisions"}],"predecessor-version":[{"id":264686,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/264684\/revisions\/264686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/235984"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=264684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=264684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=264684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}