With traditional banks acting as custodians, is crypto’s decentralized nature under threat? – Tearsheet

Crypto owners store their wealth in wallets, which can be hot or cold. A hot wallet is stored on the internet, which, although making it vulnerable to cyberattacks, makes it easier to transact with. People often store their currency with online exchanges, which is considered even riskier, because…

Read the full article at: tearsheet.co

  • John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.

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