Welcome to The Daily Forkast – February 6, 2023, presented by Joel Flynn.
The most popular way of storing cryptocurrencies has generally been directly with exchanges, but failures and scandals in the crypto industry like Mt Gox and QuadrigaCX have driven a rise in cold wallet storage.
Companies like Ledger and Trezor have seen a rise in sales figures in the past year, while Bitcoin was moved to self-custody at historic rates immediately after collapse of FTX.
However, the desire for flexibility has given rise to a new wave of innovation in the custody space. We’ll have more on that in this episode.