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Flash News List

List of Flash News about asset ownership

Time Details
2025-05-28
00:23
Why Retaining Your Seed Phrase Remains Critical as Major Crypto Platforms Shift to Custodial Solutions

According to Samson Mow (@Excellion) on Twitter, despite major cryptocurrency companies promoting custodial wallet solutions that downplay the need for users to control their seed phrases, holding onto your seed phrase remains essential for true asset ownership and security (source: Samson Mow, Twitter, May 28, 2025). This trend toward custodial models could impact decentralized finance (DeFi) participation and may raise concerns among traders about counterparty risk and centralized control, which are crucial considerations for crypto portfolio management.

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