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Bithumb launches customer asset protection campaign, upgrades security system

Bithumb said on Thursday it will run a customer asset protection and security reinforcement campaign to promote a safer trading environment. The campaign focuses on explaining its asset custody policy and security response system, while sharing steps users can take. Bithumb said it stores assets in offline cold wallets at a higher-than-required ratio and uses MPC-based distributed signatures. It also strengthens internal controls for asset transfers and advises users to enable two-channel authentication.