Introduction
River, a leading US-based Bitcoin exchange, has introduced ForceField, a cutting-edge security solution designed to safeguard both individual and business Bitcoin holdings against theft, scams, and cyber-attacks. As Bitcoin adoption grows, ForceField addresses the critical need for robust security in managing digital assets.
The Rising Threat to Bitcoin Holdings
Cryptocurrency-related crimes surged to $5.6 billion in losses in 2023, marking a 45% increase from the previous year. Businesses are particularly vulnerable, with 30% of thefts resulting from social engineering attacks like phishing. ForceField mitigates these risks by offering multi-layered protection, ensuring peace of mind for Bitcoin holders.
Key Security Challenges:
- Phone theft and unauthorized access.
- Cyber-attacks targeting business treasuries.
- Social engineering scams exploiting human error.
How ForceField Works
ForceField employs a multi-layered security approach to prevent unauthorized withdrawals and account breaches:
Withdrawal Controls:
- Set weekly limits or disable withdrawals entirely.
- Immediate risk is confined to the predefined limit.
5-Day Deactivation Delay:
- A 5-day cooling-off period prevents rapid fund movement after account compromise.
- Allows time to detect and halt suspicious activity.
👉 Discover how ForceField can secure your Bitcoin today
Benefits for Businesses and Individuals
Portfolio Management with Confidence
- Zero-fee recurring buys: Stack Bitcoin hourly, daily, or weekly without fees.
- Cash deposits: Earn 3.8% interest (paid in Bitcoin) on unsettled cash.
- Self-custody integration: Automatic withdrawals remain active, ensuring flexibility.
Operational Security Enhancements
- Reduced theft risk: Even compromised credentials won’t lead to full account drainage.
- Fraud prevention: Proactive measures against phishing and social engineering.
"With ForceField, businesses can adopt Bitcoin confidently, knowing their holdings are protected from theft—even if credentials are compromised."
—Alex Leishman, CEO of River
Why ForceField Matters Now
As Bitcoin becomes a mainstream treasury asset, businesses demand enterprise-grade security. ForceField bridges this gap by:
- Balancing security with accessibility.
- Supporting large-scale Bitcoin management without sacrificing usability.
FAQ Section
1. Is ForceField compatible with self-custody wallets?
Yes! ForceField integrates seamlessly with self-custody setups, preserving automatic withdrawals.
2. What happens if I lose my phone?
Withdrawal limits and the 5-day delay prevent immediate theft, giving you time to secure your account.
3. Can I still earn interest on cash deposits?
Absolutely. ForceField doesn’t restrict cash deposits or interest accrual (currently 3.8%, paid in Bitcoin).
👉 Explore River’s security features now
4. How does ForceField compare to traditional bank security?
Unlike banks, ForceField specifically targets Bitcoin-specific threats, such as SIM-swapping and phishing attacks.
5. Is there a fee for using ForceField?
No. ForceField is a free added security layer for River clients.
About River
River is a Bitcoin-only financial services provider, offering secure, transparent, and regulated solutions for Bitcoin investment. Founded to empower financial sovereignty through Bitcoin, River combines institutional-grade security with a user-friendly platform.
Learn more: Visit River’s official blog or follow on X (Twitter).
Disclaimer: Bitcoin is not FDIC-insured and may lose value. Interest rates are subject to change. USD deposits are held with Lead Bank (Member FDIC), insured up to $250,000.
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