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Bitunix Strengthens Institutional-Grade Security And Compliance Through Fireblocks And Elliptic Integrations

Bitunix Strengthens Institutional-Grade Security And Compliance Through Fireblocks And Elliptic Integrations WikiBit 2025-12-11 10:13

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Bitunix, one of the fastest-expanding global cryptocurrency exchanges, has announced the integration of Fireblocks and Elliptic into its platform, significantly enhancing its security architecture and regulatory compliance framework.

These strategic collaborations mark a major step forward in Bitunix‘s mission to deliver a secure, transparent, and institution-ready trading environment. Through this initiative, Bitunix is adopting Fireblocks’ industry-leading digital asset custody technology alongside Elliptics advanced blockchain analytics and transaction monitoring tools. Together, the integrations are designed to meet the operational and risk management standards expected by banks, financial institutions, and professional investors.

Institutional-Grade Custody With Fireblocks

As part of the Fireblocks integration, Bitunix has implemented Multi-Party Computation (MPC) custody technology, moving away from traditional single private-key models. MPC architecture distributes key material across multiple secure environments, significantly reducing the likelihood of breaches or unauthorized access.

In addition to MPC-based custody, the Fireblocks integration equips Bitunix with policy-driven approval frameworks that help prevent unauthorized transactions, a secure digital asset transfer infrastructure trusted by leading financial institutions, and advanced operational tools designed to improve the safety and efficiency of asset management. Together, these capabilities significantly enhance the protection of user funds while allowing Bitunix to meet the demands of institutional investors and high-net-worth clients more effectively.

 

$42.5 Million Insurance Coverage Added

The collaboration with Fireblocks also brings expanded insurance protection totaling $42.5 million. This coverage includes digital asset crime insurance and safeguards against operational risks, adding an extra layer of resilience in the event of rare but high-impact incidents.

To further reinforce its compliance capabilities, Bitunix has integrated Elliptic KYT (Know Your Transaction), a blockchain monitoring solution trusted by regulators, financial institutions, and leading crypto platforms worldwide.

Elliptic KYT enables real-time monitoring of on-chain transactions, identifying and flagging activity associated with fraud, stolen funds, darknet markets, sanctioned entities, and other high-risk sources. This integration strengthens Bitunixs KYC, Anti-Money Laundering (AML), and Counter-Terrorism Financing (CTF) controls and fosters greater trust with regulators and institutional partners.

Together, Fireblocks and Elliptic form a dual-layer defense system that significantly elevates Bitunixs overall security and compliance posture.

A Long-Term Commitment to Safer Markets

Despite a broader decline in total crypto losses, centralized exchanges recorded $182 million in losses in September 2025 alone, underscoring the continued importance of robust security infrastructure. Bitunix views these integrations as a key milestone in its broader security and transparency roadmap.

Commenting on the integration, Steven Gu, Chief Security Officer at Bitunix, stated:

Beyond these new collaborations, Bitunix also works with established custodians such as Cobo Custody, conducts regular security audits with firms including Hacken and Salus, and maintains an additional $5 million insurance policy with Nemean Services.

About Bitunix

Bitunix is a global cryptocurrency derivatives exchange serving more than 3 million users across 100+ countries. The platform provides a secure, compliant, and transparent trading experience. With mandatory KYC, Proof of Reserves (PoR), and the Bitunix Care Fund, user protection remains a core priority. Bitunix offers deep liquidity, leverage of up to 200x, and its proprietary K-Line Ultra chart system to support both beginner and advanced traders.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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