{
Joe Burnett

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multisig wallets enhance bitcoin security amid rising market interest

As Bitcoin approaches $100,000, securing investments is crucial. Joe Burnett from Unchained advocates for multisignature wallets, which require multiple keys for transactions, reducing the risk of a single point of failure. This setup allows investors to maintain control while having a backup key held by Unchained, ensuring their assets remain safe even if one key is lost or compromised.
Cointelegraph
Gods Unchained USD Joe Burnett
Finance & Economy, Transcript
15:20 23.12.2024

criticism mounts as buterin slams saylor's big bank bitcoin custody suggestion

Ethereum co-founder Vitalik Buterin criticized MicroStrategy's Michael Saylor for suggesting that Bitcoin holders should use large banks for custody, calling the idea "batshit insane." Buterin argued that this approach risks regulatory capture and undermines the principles of self-custody, which are essential for the integrity of the crypto network. The backlash against Saylor's comments has intensified, with other crypto advocates emphasizing the importance of individual custody to prevent centralization and corruption.
Cointelegraph
United States Dollar Fidelity National Information Services, Inc. BlackRock, Inc. Madison Reidy Erik Voorhees Vitalik Buterin Jameson Lopp Joe Burnett Show more
Crypto, News Article
09:00 23.10.2024
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