DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Cryptonews

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...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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 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 Cryptonews

Related market context