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Bitcoin custody must prioritize asset protection with multi-approval and supply-chain controls, says Swan Bitcoin CEO.

Market News
04 Nov 2026, 16:21 WIB
Tokenpost
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Neutral
Bitcoin custody must prioritize asset protection with multi-approval and supply-chain controls, says Swan Bitcoin CEO.

Swan Bitcoin CEO Corey Klipsten emphasized the importance of prioritizing customer asset protection over profitability in Bitcoin custody. He advocates for multi-signature approvals, automatic pauses on large suspicious transfers, and strict control over hardware-wallet supply chains to prevent tampering. Klipsten highlighted that layered security, similar to requiring multiple officials to access valuable assets, is essential to defend against attacks. He also noted growing interest in collaborative custody solutions and the security benefits of focusing solely on Bitcoin rather than multiple blockchains.

Bitcoin custody security practices are the focus of this story, with Pluang's market snapshot showing that as of Nov 04, 2026 21:23 WIB, 30 of 50 major cryptocurrencies rose while 19 fell. Notable price changes include BAL (Balancer) up 11.14% at Rp16.297, BAT (Basic Attention Token) up 9.25% at Rp2.507, and EOS (EOS.IO) up 8.13% at Rp12.649. Typical hold times range from 85 to 93 days for these assets.

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