Tuesday, August 19, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Blockchain

Lucrumia Deploys Bank-Grade Security Infrastructure with Multi-Signature Technology and Advanced Cold Storage Solutions

August 19, 2025
in Blockchain, Cryptocurrencies, GlobeNewswire, Web3
Reading Time: 3 mins read
5
SHARES
243
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

Denver, CO, Aug. 18, 2025 (GLOBE NEWSWIRE) — Lucrumia Crypto Group Ltd, the U.S.-registered global cryptocurrency exchange, today announced the successful deployment of its enhanced security infrastructure, featuring institutional-grade multi-signature authentication and sophisticated cold wallet architecture. The comprehensive platform upgrade, which includes a high-performance matching engine capable of processing one million transactions per second, positions Lucrumia among the most secure and technologically advanced exchanges in the digital asset industry.

The newly implemented security framework employs a multi-layered defense strategy that segregates user assets across hot and cold wallet systems, with over 95% of digital assets stored offline in military-grade cold storage facilities. The platform’s multi-signature protocol requires multiple cryptographic keys for transaction authorization, eliminating single points of failure and providing unprecedented protection against both external threats and internal risks. Since its inception, Lucrumia has maintained a perfect security record with zero reported breaches or asset losses.

“Security isn’t just a feature at Lucrumia—it’s the foundation of everything we build,” said Brian, Chief Technology Officer at Lucrumia. “Our team has implemented the same rigorous security standards used by major financial institutions, combined with blockchain-specific innovations. The multi-signature architecture we’ve deployed means that no single individual or system compromise can threaten user assets. This is what separates professional exchanges from the rest of the market.”

The platform upgrade delivers measurable performance improvements across all trading operations. Transaction latency has been reduced by 35%, while the new matching engine’s million-per-second throughput represents a 10x improvement over industry standards. The system has successfully passed 127 different stress test scenarios, including simulated DDoS attacks, extreme volume spikes, and cascading failure conditions. These enhancements ensure that Lucrumia can maintain operational excellence even during periods of extreme market volatility.

Richard Dobrow, Blockchain Security Architect at Lucrumia, emphasized the importance of proactive security measures: “We’ve architected our system with the assumption that threats will evolve. That’s why we conduct quarterly third-party security audits, implement continuous penetration testing, and maintain a dedicated 24/7 security operations center. Our zero-incident track record isn’t luck—it’s the result of meticulous planning and constant vigilance.”

Additional security features include real-time anomaly detection powered by machine learning algorithms, hardware security modules (HSMs) for key management, and comprehensive insurance coverage for digital assets. The platform also implements strict KYC/AML procedures in compliance with its FinCEN MSB registration, adding regulatory protection to its technical safeguards.

About Lucrumia
Lucrumia is a U.S.-based cryptocurrency exchange serving over 120 countries worldwide. Founded in 2013 and registered with FinCEN as a Money Services Business (MSB Registration #31000292945085), the platform combines institutional-grade security with comprehensive trading services including spot, derivatives, staking, and lending. Lucrumia’s commitment to security, compliance, and technological innovation has established it as a trusted venue for digital asset trading. For more information, visit https://www.lucrumia.com/.

Media Contact:
Asiff Hirji | Communications Manager
Lucrumia Crypto Group Ltd
Email: asiff.hirji@lucrumia.com

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

TalkMe Brings a Penguin to Life at Google I/O, Redefining AI Language Learning

Next Post

Ubleu Crypto Champions Transparency with Industry-First User Protection Fund and Real-Time Proof of Reserves

Related Posts

Ubleu Crypto Launches AI-Powered Risk Management Tools, Processing 1 Million Transactions Per Secon

DENVER, CO – Ubleu Crypto Group LTD, a U.S.-registered digital asset exchange, today announced a major platform upgrade featuring the launch of its AI-powered risk management suite and a new matching engine capable of processing over one million transactions per second (TPS). This technological leap forward is designed to provide...

Read moreDetails

Global B2B Demand Generation Service Market to Reach USD 15 Billion by 2033, Driven by AI, Personalization, and Digital Transformation

B2B Demand Generation Service Market Size, Future Growth and Forecast 2033 The global B2B Demand Generation Service Market is projected to reach USD 15 billion by 2033, expanding at a CAGR of 10.5% (2025-2033). Growth is fueled by AI-driven personalization, account-based marketing, and digital transformation across industries. North America leads...

Read moreDetails

Sales Council Recognises Twib as ‘Best Sales Tracking App’ for Revolutionary Field Sales Management Solutions

Mumbai - August 18, 2025 - Twib , a leading sales tracking application, has been recognised with the prestigious 'Best Sales Tracking App' title by the Sales Council, acknowledging its groundbreaking contribution to revolutionizing field sales management across diverse markets. This coveted recognition positions Twib as the premier choice for...

Read moreDetails

Hydreight Announces up to $10 Million Convertible Debenture Offering

VANCOUVER, British Columbia, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Hydreight Technologies Inc. (TSXV: NURS, OTC: HYDTF, FSE: SO6) (“Hydreight” or the “Company”), a leader in nationwide digital healthcare solutions, announces that it has entered into an agreement with Canaccord Genuity Corp. (the “Lead Agent”), pursuant to which it has agreed...

Read moreDetails

Astrotech Corporation Appoints Nihanth Badugu as Chief Operating Officer

AUSTIN, Texas, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”), today announced that it has appointed Nihanth Badugu as Chief Operating Officer (“COO”) of the Company. Mr. Badugu’s appointment is effective as of August 13, 2025. “The Board is thrilled to promote Mr. Badugu...

Read moreDetails

Diginex Announces 7 to 1 Stock-split paid as Bonus Shares

LONDON, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (Nasdaq: DGNX) (the “Company”), today announced that its board of directors approved a seven-for-one forward stock split to be paid in the form of a share bonus. Each shareholder of the Company of record at the close of business on September...

Read moreDetails

Snail, Inc. Announces Second Quarter 2025 Conference Call for Tuesday, August 19, 2025 at 4:30 p.m. ET

CULVER CITY, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, will hold a conference call and webcast on Tuesday, August 19, 2025 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time)...

Read moreDetails

iBio Announces Proposed Public Offering

SAN DIEGO, Aug. 18, 2025 (GLOBE NEWSWIRE) -- iBio, Inc. (Nasdaq: IBIO), an AI-driven innovator of precision antibody therapies, today announced it has commenced an underwritten public offering (the “offering”) of (i) pre-funded warrants to purchase shares of iBio’s common stock, and (ii) accompanying Series G warrants each representing the right...

Read moreDetails

FloQast Forms Strategic Alliance with Deloitte Australia to Accelerate Financial Transformation

SYDNEY, Aug. 18, 2025 (GLOBE NEWSWIRE) -- FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced a strategic alliance with Deloitte Australia to deliver financial transformation for clients across multiple industries and service lines. The collaboration will bring together FloQast’s powerful AI platform and Deloitte Australia’s deep...

Read moreDetails

Moonkie at Five: A Look Inside the Brand’s Times Square Reveal and Global Family Celebration

New York, NY, Aug. 18, 2025 (GLOBE NEWSWIRE) -- On August 15, families visiting Times Square will see Moonkie light up a giant digital billboard in celebration of its fifth anniversary, a bright reminder that every little moment matters. Moonkie, the lifestyle brand renowned for its calm yet playful baby...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    94 shares
    Share 38 Tweet 24
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    47 shares
    Share 19 Tweet 12
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    69 shares
    Share 28 Tweet 17
  • Hivello Aggregates Theta Network to Boost User Earnings

    6 shares
    Share 2 Tweet 2
  • Top Cross-Chain DeFi Solutions to Watch by 2025

    52 shares
    Share 21 Tweet 13
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • Ubleu Crypto Launches AI-Powered Risk Management Tools, Processing 1 Million Transactions Per Secon
  • TSS to Present at Needham and Jefferies Conferences in August 2025
  • Global B2B Demand Generation Service Market to Reach USD 15 Billion by 2033, Driven by AI, Personalization, and Digital Transformation
  • Sales Council Recognises Twib as ‘Best Sales Tracking App’ for Revolutionary Field Sales Management Solutions
  • Hydreight Announces up to $10 Million Convertible Debenture Offering

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.