Ethereum users are increasingly demanding self-custody: Casa CTO
Security expert Jameson Lopp said some users lost Ethereum tokens because of the lack of a secure storage method. 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. Those that kept their Bitcoin in Casa did well, but some of them ended up losing other things — even stablecoins, for example — because they didn’t have a way to put those into a distributed cold-storage setup.” In order to respond to this problem, Casa announce...