Category: cold storage

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How wallet platforms are taking on exchanges

With major exchanges suffering outages and hacks, and some abruptly suspending withdrawals, are wallet platforms a more compelling alternative? One of the biggest trends in recent months has seen Bitcoin flow out of exchanges into wallets. Generally, this is interpreted as a bullish sign — indicating that investors are optimistic about further growth in cryptocurrency…
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Gnosis receives $2.3B Ethereum in a day, now 3rd largest ETH holder with 2.2% of supply

The Gnosis safe now contains the third-largest concentration of Ether, according to Etherscan, holding 2.2% of the coin supply — worth $2.9 billion. Decentralized finance platform Gnosis is now the third-largest holder of the Ether (ETH) coin supply. Gnosis’ multisignature storage safe received a deposit of 1,500,000 ETH on Thursday — worth over $1.7 billion at the…
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Crypto user recovers long-lost private keys to access $4M in Bitcoin

Even with their newfound fortune, the lucky student said they will avoid “expensive luxuries” like a new car or house. A student has claimed to have found private keys accidentally HODLed starting as early as 2011 which will unlock more than $4 million in Bitcoin. According to a throwaway account from BitcoinHolderThankU, the Reddit user…
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Crypto Custody, Explained

Crypto custody is the latest buzzword in the industry — but does it have the potential to interest institutional investors in digital assets? Where next for crypto custody? Financial institutions, regulators and investors are continuing to grapple with the issue of crypto custody. Hearing stories from those who are plugged into these discussions can offer…
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