Hardware Wallets Gain Popularity as FTX Collapse Pushes Users to Self-Custody
The collapse of FTX crypto exchange pushed many users away from exchanges and into storing their own crypto – but the potential of human error remains. FTX was not alone in creating this trend. Celsius Network, Three Arr...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
FTX was not alone in creating this trend.
Celsius Network, Three Arrows Capital, Terra, and other crypto companies failing in 2022, as well as the March 2023 banking crisis, significantly contributed to leading users to self-custody....
Read More: Hardware Wallets Gain Popularity as FTX Collapse Pushes Users to Self-Custody
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Binance-Controlled Korean Exchange GOPAX Stops Trading, Makes Users Email to Withdraw Crypto
Customers of GOPAX, a Korean exchange whose operator Streami is majority-owned by Binance, can now get crypto out only by emailing...
Bull Bitcoin Becomes First Exchange to Add Payjoin Privacy Deposits, Withdrawals, and Payjoin-by-Default Trading
Bitcoin Magazine Bull Bitcoin Becomes First Exchange to Add Payjoin Privacy Deposits, Withdrawals, and Payjoin-by-Default Trading...
Thailand SEC Files Criminal Complaint Against Bitget Ahead of Dec. 5 Access Block
Bitcoin Magazine Thailand SEC Files Criminal Complaint Against Bitget Ahead of Dec. 5 Access Block Thailand’s Securities and Excha...
Paraguay Bank Collapse Shows Why Bitcoin Was Created as USDT Hits Premium
Paraguay bank crisis is showing why Bitcoin was created in the first place. USDT sellers reportedly demanded premiums of up to 13%...
South Korea Pushes 22% Crypto Tax to 2029 in Fourth Delay, Offers Three-Year Loss Carryforward
Bitcoin Magazine South Korea Pushes 22% Crypto Tax to 2029 in Fourth Delay, Offers Three-Year Loss Carryforward South Korea’s gove...
Thailand moves to block Bitget as crypto exchange's local acquisition faces uncertainty
Thailand’s SEC filed a criminal complaint against Bitget’s operator, alleging it ran an unlicensed crypto exchange for Thai users...