EXCLUSIVE: Web3 security specialists cubistdev launch hardware key management and announce staking provider Ankr as first key management customer. IanAllison123 reports
Cubist, a platform that uses bank-grade hardware to manage the keys that control digital assets, has launched a service aimed at institutional blockchain staking providers, timed to coincide with the arrival of staking deposits and withdrawals on Ethereum.
While the inability to destake was something of a downside, it did have an upside, at least from a security perspective, said Cubist CEO Riad Wahby. Nobody could touch that money, not even its owner. Cubist’s approach is to store staking keys in hardware security modules , physical computing devices that carry out digital signatures and can provide evidence if tampered with.
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