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Crypto Lending Platform Celsius Network Acquires Israeli Cyber Security Company GK8 For $115 Million
Summary: Celsius Network, a crypto lending platform, announced the acquisition of Israeli cyber security company GK8 for $115 million. GK8 provides enterprise-level custody services for banks, financial institutions, cryptocurrency exchanges or platforms, central bank digital currency (CBDC) projects, family offices, and hedge funds. and 100% prevent network attacks. Celsius claims that through the acquisition of GK8, ...
Celsius Network, a crypto lending platform, announced the acquisition of Israeli cyber security company GK8 for $115 million.
GK8 provides enterprise-level custody services for banks, financial institutions, cryptocurrency exchanges or platforms, central bank digital currency (CBDC) projects, family offices, and hedge funds. and 100% prevent network attacks.
Celsius claims that through the acquisition of GK8, the company now has the only end-to-end platform that combines a true offline COLD VAULT with a keyless MPC with an unlimited number of automatic co-signers. The Celsius GK8 security solution eliminates all attack vectors that exist in other hosting or digital hosting solutions, including man-in-the-middle attacks, internal work, physical and side-channel attacks, and phishing schemes.
By Mary Liu
Tags: Celsius Network,GK8
Link: Crypto Lending Platform Celsius Network Acquires Israeli Cyber Security Company GK8 For $115 Million [Copy]
