You're contacting media contact of this press release

Title: AZETHIO Addresses $217 Billion in First-Half 2025 Exchange Breaches with Multi-Party Computation Custody for US Traders

AZETHIO CRYPTO GROUP LIMITED, a U.S.-registered digital asset exchange, has launched its trading platform designed to address security concerns affecting American cryptocurrency traders. With cryptocurrency exchange breaches reaching $21.7 billion in losses during the first half of 2025—including the $1.5 billion Bybit incident attributed to state-sponsored threat actors by U.S. federal authorities—and 63% of U.S. adults lacking confidence in cryptocurrency safety and reliability, the platform introduces Multi-Party Computation (MPC)-based custody infrastructure targeting the specific security requirements identified through market analysis.The North American market, which processed approximately $1.3 trillion in cryptocurrency transactions between July 2023 and June 2024—representing 22.5% of global activity—faces persistent trust challenges. According to Pew Research Center data from October 2024, the majority of U.S. adults remain concerned about the reliability of digital asset platforms. These concerns intensified as CertiK's quarterly reports documented over 340 security incidents across Q1 and Q2 of 2025, with losses declining to $509 million in Q3 yet demonstrating ongoing vulnerability within centralized platforms.Addressing Asset Protection Requirements Through Multi-Layer InfrastructureThe platform centers on security priorities identified through analysis of U.S. market requirements. AZETHIO implements Multi-Party Computation for cryptographic key management, distributing control across multiple parties to eliminate single points of failure—meaning no individual can access user funds independently. The system combines MPC-based custody with hardware security modules and geo-distributed infrastructure spanning U.S., European, and Asian regions, providing auto...

This press release is issued by King Newswire