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0 sats \ 4 replies \ @Bitcoinisawesome 3 Sep \ on: FBI warns North Korean hackers are attempting to steal Bitcoin from the ETFs bitcoin
It’s a little insane when you think about all that bitcoin, publicly disclosed, being custodied by one entity. I’m sure they have their security measures, but one single point of failure preventing utter disaster for millions of people just seems so wild to me.
ETFS or not, with this massive custodians, we are bound to see some crazy shit in the future.
Popcorn.
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21 sats \ 3 replies \ @byzantine 3 Sep
yeah crazy they aren't allowed to do multiple signature custody
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21 sats \ 2 replies \ @konstantin21 4 Sep
wait wut. got a source on where they said they cant have multisig on coinbase custody?
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21 sats \ 1 reply \ @byzantine 4 Sep
i meant multi custodian multisig like a combo of coinbase and bitgo and gemini
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21 sats \ 0 replies \ @teemupleb 4 Sep
Onramp is doing something like that.
I wrote a post about them a while back: #565332
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