The Future of Crypto Custody: Lessons from Failures and the Rise of Reliable Safeguards

By Cora Skindell Jul 19, 202354Views

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Key Points:

FTX, Celsius, and BlockFi have brought a fresh perspective to crypto custody services.
Recent failures in the crypto industry have eroded belief in financial systems.
Investors seek reliable and secure crypto storage.
Regulated custodians offer services to ensure the security of assets.
Institutions like BlackRock filing for permission to create a bitcoin ETF signal the growing interest in crypto.

Hot Take:

The failures in the crypto industry have highlighted the need for strong safeguards and reliable infrastructure in the custodial space. As investors seek secure storage for their assets, regulated custodians play a vital role in providing protection and peace of mind. The interest shown by institutions like BlackRock further solidifies the presence of crypto in the financial world. While challenges remain, the future looks promising for custodial services and the growth of the industry.

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Cora Skindell

Cora Skindell is a standout figure in the world of cryptocurrency analysis, research, and editorial expertise. As a seasoned crypto analyst and researcher, Cora's insights delve deep into the complexities of digital assets, resonating with a diverse audience. Her ability to dissect intricate crypto concepts is complemented by her adept editorial skills, enabling her to distill complex information into easily understandable content. Cora's contributions serve as a valuable compass for both seasoned and novice individuals seeking to navigate the dynamic landscape of cryptocurrencies. With a keen eye for detail and a commitment to accuracy, she empowers informed decision-making in the ever-evolving crypto space.

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