The crypto insurance company Coincover will provide third-party key disaster recovery services for Fireblocks

ChainCatcher news, UK crypto asset insurance company Coincover will provide third-party key disaster recovery services for crypto custody technology provider Fireblocks. Fireblocks uses MPC key sharding technology, allowing users to independently back up their keys; Coincover's Director of Strategy and Partnerships Oliver Cummings stated that if something happens to the user or Fireblocks, Coincover can act as a third party to recover the wallet for customers, as Coincover has very fixed processes and standard service level agreements. (CoinDesk)