{"id":224791,"date":"2026-09-08T20:16:20","date_gmt":"2026-09-08T20:16:20","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=224791"},"modified":"2026-09-08T20:16:20","modified_gmt":"2026-09-08T20:16:20","slug":"coincorner-launches-lloyds-insured-multisig-bitcoin-vault-with-anchorwatch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=224791","title":{"rendered":"CoinCorner Launches Lloyd\u2019s-Insured Multisig Bitcoin Vault with AnchorWatch"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

CoinCorner Launches Lloyd\u2019s-Insured Multisig Bitcoin Vault with AnchorWatch<\/a><\/p>\n

<\/div>\n

British bitcoin exchange CoinCorner has debuted a multisig BTC custody service that splits control of customer keys between the Isle of Man exchange and its US partner AnchorWatch<\/a> \u2014 with holdings insured by Lloyd\u2019s of London.\u00a0<\/p>\n

The service charges 1.5% a year and is pitched at owners who want cold-storage security without managing hardware themselves, the Isle of Man-based company announced<\/a> Tuesday.<\/p>\n

Its new service comes following the Coldcard wallet hack \u2014 where bitcoin holders using a single signature wallet lost<\/a> funds after hackers were able to exploit the popular products due to a firmware bug in the devices that lead to a weak seed generation. About $115 million was lost in the theft.\u00a0<\/p>\n

\u201cVault offers a simple non-technical setup for customers, and partnering with AnchorWatch means we can offer fully insured, multi-signature custody with the simplicity our customers expect from CoinCorner,\u201d CoinCorner CEO Danny Scott said in a statement.\u00a0<\/p>\n

Customers can open a Vault and deposit whatever amount they choose, but the bitcoin doesn\u2019t move into the insured wallet immediately, CoinCorner said.\u00a0<\/p>\n

Rather, transfers typically happen on the first working day of the following month, and holdings are verifiable on-chain via a wallet address CoinCorner provides.\u00a0<\/p>\n

Top-ups are allowed anytime, the companies said, Customers define their own identity verification rules before funds can move.\u00a0<\/p>\n

CoinCorner added that it is the first service of its kind globally.\u00a0<\/p>\n

Multisig<\/a> has long been the security-conscious Bitcoin holder\u2019s answer to single-key risk but has also been dismissed as too fiddly for anyone but the technically committed: setting one up traditionally means assembling several hardware devices, generating and backing up multiple private keys and keeping track of which key sits where.\u00a0\u00a0<\/p>\n

CoinCorner and AnchorWatch are aiming to simplify things. Vault handles key distribution on the customer\u2019s behalf, leaving them with the security properties of multisig without the setup that has kept most people away from it.<\/p>\n

This post CoinCorner Launches Lloyd\u2019s-Insured Multisig Bitcoin Vault with AnchorWatch<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine CoinCorner Launches Lloyd\u2019s-Insured Multisig Bitcoin Vault with AnchorWatch British bitcoin exchange CoinCorner has debuted a multisig BTC custody service that splits control of customer keys between the Isle of Man exchange and its US partner AnchorWatch \u2014 with holdings insured by Lloyd\u2019s of London.\u00a0 The service charges 1.5% a year and is pitched […]<\/p>\n","protected":false},"author":0,"featured_media":224792,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-224791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/224791"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=224791"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/224791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/224792"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=224791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=224791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=224791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}