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Coin Corner launched an insured multisig Bitcoin custody vault with partner Anchor Watch. David Bennett argues that wrapping custody in complex multisig structures risks isolating Bitcoin from its original purpose as accessible peer-to-peer cash.
Anchorwatch CEO Rob Hamilton used the Chinese open-weight model Kimi K3 to scan Bitcoin projects, reporting nearly 1,000 vulnerabilities. Keon criticizes the public promotion of these findings, arguing it draws unnecessary threat-actor attention to unpatched code.
Multi-signature wallets are at risk if a majority of their signers (e.g., two of three) are compromised Coldcard devices without strong passphrases or rolled dice; Unchained, Casa, and AnchorWatch state they are not affected.
Anchor Watch offers insured Bitcoin cold storage through Lloyds of London, securing funds in time-locked multi-sig vaults with rates starting at 0.55% for US customers.
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