Tuesday, October 22, 2024

Bitcoin Self-Custody Calls Intensify as Centralization Grows: ‘No One Is Ready for the Biggest Hack in History’

Bitcoin Self-Custody Calls Intensify as Centralization Grows: 'No One Is Ready for the Biggest Hack in History'With self-custody and third-party custodians becoming hot topics within the crypto community, the founder of timechainindex.com, an X user known as Sani, recently posted an eye-opening image of onchain data. The snapshot revealed that Coinbase currently holds 11.72% of the total 19.77 million bitcoin (BTC) in circulation. Sani’s data and insights emphasize the risks tied […]

via Jamie Redman

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