➥ How to secure your crypto (cold storage): https://shop.ledger.com/?r=06525889e9a9
➥ Casa Multisig (cold storage): https://keys.casa?ref=c841e93b
➥ Unchained Capital Multisig (cold storage): https://unchained.com/vaults/
➥ Muun Wallet (warm storage): https://muun.com/
➥ How I Buy Bitcoin Daily: https://www.swanbitcoin.com/projectfinance/?gc=yanbook1020&utm_campaign=yanbook1020
It’s getting crazy in the crypto industry. Numerous crypto lending platforms are running into trouble after the Terra/Luna and 3AC collapses. Voyager stands to lose $660M from the 3AC blowup and BlockFi *may* have had exposure. FTX Alameda Research gave BlockFi a $250M revolving line of credit and Voyager a $500M loan. Following Celsius, many crypto lenders have halted or limited customer withdrawals.
With such low yields to earn on top cryptocurrencies and the potential to lose 100% of your assets in the event of crypto lender bankruptcy, it’s a smart move to act quickly and look into self-custody (cold storage) options like hardware wallets + multisig wallet setups.
Self-custody transfers the responsibility from a third party to yourself, so be sure to learn about using hardware wallets so you can do so confidently. While it’s convenient to hold your crypto with a third party, the only way to truly own your digital assets is to hold the keys yourself.
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