A significant drop in Bitcoin reserves on exchanges is the evidence of rising self-custody adoption, Trezor CCO Danny Sanders said.
Self Custody news
As blockchain ecosystems expand, multichain self-custody wallets emerge as a potential solution to fragmentation issues, promising improved user experience and broader Web3 adoption.
MoonPay Balance will support deposits and withdrawals in euros and British pounds, with future plans to expand to the US.
Bitget Wallet’s Telegram Mini App, Bitget Wallet Lite mini, has attracted more than six million users in just three days after its soft launch.
“I support self-custody for those willing and able,” said Saylor in a new post after encouraging “big bank” custody in an interview earlier this week.
Ledger CEO Pascal Gauthier told Cointelegraph that hardware wallets need to evolve because “crypto never sleeps.”
Saylor appears to be “explicitly arguing for a regulatory capture approach to protecting crypto,” which was not what it is about, said Buterin.
Bitcoin bull Michael Saylor previously said without Bitcoin self-custody, custodians would accumulate too much power which they could then abuse.