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What is Crypto Custody, Explained
Cryptocurrency describes the secure management and preservation of digital assets like Bitcoin, Ethereum, and others. It entails protecting the linked monies as well as the private keys (digital signatures that grant ownership and access to these assets). Crypto custodians are specialized businesses that offer custody services for digital currencies. Here are some key aspects of cryptographic custody: The private keys that govern access to a user’s Bitcoin holdings must be generated, secured, and managed by cryptocurrency custody services. These private keys are essential because they are used to sign blockchain ... (full story)