Community Token Platform Roll Integrates with Institutional Grade Security Firm Fireblocks
Community token platform Roll has integrated institutional-grade security firm Fireblocks for key protection, according to Coindesk. roll previously lost $5.7 million due to a hot wallet security incident, and the integration of Fireblocks is part of a revamp of its private key infrastructure. roll co-founder SidKalla said Fireblocks’ multi-party computing (MPC) wallet infrastructure will allow Roll to securely sign transactions without having to store private keys in one place, and will also help prevent private key theft and credential compromise. Up to $30 million in cybersecurity insurance will also be available for Roll creators and users through Fireblocks.