Blockstream Introduces Hardware-Based Bitcoin Custody with Thales
Blockstream has launched a Bitcoin custody system developed with Thales that uses dedicated devices for transaction signing.
Blockstream has launched a Bitcoin custody system developed with Thales that uses dedicated devices for transaction signing. Bitcoin (BTC) is trading at $68,106.00, down 0.4% since this brief published. This is an original TLT brief based on reporting by Cointelegraph, with live market data added, as of Fri, 13 Nov 2026 23:45:04 UTC.
The system places transaction signing behind specialized hardware and offline security, an approach Adam Back says can reduce exposure to cyber risks. Its launch arrives while Bitcoin and the broader crypto market are under pressure.
- Blockstream launched a Bitcoin custody system developed with Thales.
- Dedicated hardware handles transaction signing.
- Adam Back advocates offline security to reduce cyber risks.
- Bitcoin fell 4.31% over 24 hours amid extreme fear.
Cointelegraph reports that Blockstream launched a 
Bitcoin custody system developed with Thales. The product uses dedicated hardware for transaction signing, introducing a hardware-centered approach to securing Bitcoin transactions within Blockstream’s custody offering.
The announcement also carries a security argument from Adam Back. According to Cointelegraph, Back favors simpler offline security as a way to reduce cyber risks, aligning the system’s dedicated signing hardware with a broader push to limit unnecessary exposure for Bitcoin custody.
Market conditions provide a subdued backdrop for the launch. Bitcoin trades at $68,377, down 4.31% over the previous 24 hours and 9.86% over seven days. Its market capitalization stands at $1.38 trillion, while the total crypto market is broadly lower at a combined $2.37 trillion.
Sentiment remains defensive, with the Fear & Greed Index reading 20, classified as Extreme Fear. Bitcoin’s declining weekly performance contrasts with the custody announcement, which focuses on security rather than a change in Bitcoin’s underlying network or market mechanics.
The development matters because it gives Bitcoin custody operators another security model centered on isolated signing hardware. As adoption of such a system develops, the practical areas to watch include how transaction signing is performed and whether offline protections can limit cyber exposure without adding unnecessary complexity.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $68,377.00 to $68,106.00 — -0.40%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $65,000 in November?
Crowd-implied probability on Polymarket, $78.25K 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 13 22:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦95.94M (about $68,106.00), down 4.4% over 24 hours. The naira itself trades about 4.3% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Blockstream Introduces Hardware-Based Bitcoin Custody with T — questions & answers
Who developed Blockstream’s new Bitcoin custody system?
Cointelegraph reports that Blockstream developed the system with Thales.
How does the new custody system handle transaction signing?
It uses dedicated hardware for transaction signing as part of an offline security approach.
What is Bitcoin’s market position during the launch?
Bitcoin is priced at $68,377, down 4.31% over 24 hours and 9.86% over seven days.
How much is 1 Bitcoin worth in naira today?
About ₦95.94M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $68,106.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.40% since this brief first published — trading at $68,106.00 now versus $68,377.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cointelegraph. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.