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Retrieved on: 2024-02-29 22:08:44
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Summary
The article discusses repercussions from the FTX crypto exchange collapse, highlighting the significance of self-custody and cold storage wallets (like Ledger and Trezor) in crypto asset security, amid concerns around corporate crimes and cryptocurrency scams involving figures like Sam Bankman-Fried. The FTX incident spotlights flaws in private currencies and traditional crypto exchange models, promoting hardware wallets as safer alternatives for users in the cryptocurrency space, including Bitcoin and NFT holders.
Article found on: techreport.com
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