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Crypto Custody Firm BitGo Releases Security Features Aimed at Bitcoin Ordinals

Crypto custodian services provider BitGo released security features designed to protect owners of Bitcoin Ordinals Inscriptions, which allow people to inscribe text, images and even videos directly on the Bitcoin blockchain.

Bitcoin Ordinals was introduced at the end of January. Its newness means wallets cannot yet easily receive, send or store Ordinals Inscriptions. This puts potentially high-value inscriptions at risk of being accidentally transferred or sent to mining fees.

The tool introduced Thursday is intended to enable users to add Inscriptions tracking to any bitcoin hot wallet on BitGo.

(By Shaurya Malwa)

BitGo Bitcoin Ordinals
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