Ethereum's Vitalik Buterin Recommends These Wallets for "Self Custody"
Right after FTX collapsed, people from the space started advocating decentralization. In fact, stalwarts, time and again, kept emphasizing the importance of self-custody and managing one’s own wallet keys. The U.S. is now in the midst of a banking crisis, and the community has yet again circled back to the same. They have started re-asserting that self-custody “is the way” and decentralization could help build a better system. According to on-chain data tweeted by Research and Data Analyst, James Straten, around 70k Bitcoin has been taken into self-custody since the collapse of Silicon Valley Bank, justifying the community’s inclination. #Bitcoin self-custody withdrawals yesterday were one of the biggest one-day increases in the past 6 months. 70k #bitcoin has been taken into self-custody since the collapse of SVB on Thursday. pic.twitter.com/bAEcIw0Ar8 — James V. Straten (@jimmyvs24) March 16, 2023 In fact, in a recent tweet, Ethereum founder Vitalik Buterin also w...