Security expert Jameson Lopp said some users lost Ethereum tokens because of the lack of a secure storage method.
News Join us on social networks
The demand for Ethereum self-custody solutions is growing, according to Jameson Lopp, co-founder and chief technology officer of Bitcoin wallet provider Casa. In a conversation with Cointelegraph at Bitcoin 2023, Lopp stated that Casa has found it necessary to provide Ethereum support due to the increased number of Ethereum users seeking the service.
Incidents like the collapse of FTX in 2022 have raised awareness of the need for a secure way to store Ethereum and Ethereum tokens such as stablecoins, Lopp said:
“I’ve actually spoken to Casa clients who suffered losses as a result of some of the collapses last year.
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!