Because bitcoin is a digital currency, it’s not hidden in vaults. But the keys, or codes, needed to unlock bitcoin are often kept on disconnected computer servers that are locked in vaults owned by Xapo. Carlos Rienzi, Xapo’s head of security, described the situation as being “under attack 24/7. This is not a race. It is a chess game. You have to think about the opponent’s next movement. You can never relax.” Read more about it at Quartz.
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