Medici Ventures, the venture capital arm of e-commerce retailer Overstock, announced on Friday that its portfolio company had launched the beta version of a digital wallet solution that allows the conversion of cryptocurrencies and fiat currencies in a convenient and secure manner. The first release will allow users to buy and store Bitcoin, with more digital coins to be added soon. Bitsy claims that it will enable its users to actually hold BTC rather than just the derivative claims on it, unlike many other wallet and exchange services out there.
The service will rely on biometric security to prevent hacks and the ...
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