According to ChainCatcher, Latin American cryptocurrency exchange Bitso announced a partnership with blockchain security company Coincover to provide security for digital assets. By integrating with Bitso's multi-party computing (MPC) infrastructure, Coincover will provide non-custodial disaster recovery to protect exchanges from hacker attacks or loss of access rights.

In addition, Bitso will use Coincover to monitor outgoing transactions in real time. According to Immunefi data, the cryptocurrency field has lost more than $900 million due to hackers and fraud this year, with $572 million stolen in the second quarter alone.