What security measures does BlockFi have in place to protect GUSD deposits?

3 answers

• Brian SpanglerJan 10, 2021 · 5 years ago
  BlockFi takes the security of GUSD deposits very seriously. They employ a combination of industry-standard and innovative security measures to safeguard user funds. This includes implementing multi-factor authentication, encryption protocols, and cold storage for the majority of funds. Additionally, BlockFi regularly conducts third-party audits to ensure the integrity of their security systems.
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• Leelasri ADec 12, 2023 · 2 years ago
  When it comes to protecting GUSD deposits, BlockFi has got you covered. They utilize advanced security measures such as two-factor authentication and encryption to prevent unauthorized access to user funds. Furthermore, BlockFi stores the majority of GUSD deposits in offline cold storage, which adds an extra layer of protection against potential cyber threats.
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• Crabtree PilegaardFeb 08, 2023 · 3 years ago
  As a leading digital asset management platform, BlockFi prioritizes the security of GUSD deposits. They have implemented robust security measures, including but not limited to, two-factor authentication, encryption, and regular security audits. By employing these measures, BlockFi aims to provide users with a secure and reliable platform to store their GUSD deposits.
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