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Fortune
Fortune
Jeff John Roberts

Coinbase shares its 'best lock' with crypto rivals in bid to fight hackers industry wide

It's an unfortunate fact for the crypto industry that one of its biggest claims to fame is its massive security breaches, including the hack last month that Ethereum. As part of an ongoing bid by leading industry players to improve this situation, Coinbase on Thursday announced it was sharing a package of its cutting edge security technology.

In a blog post, Chief Security Officer Philip Martin said Coinbase has taken its library of code for so-called Multi-Party Computation (MPC), and made it publicly available on GitHub, including its competitors.

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