Cryptocurrency News

Hardware crypto wallet sales increase as centralized exchanges scramble

07/07/2022

Less than a minute

2022.07.07 03:10

Hardware crypto wallet sales increase as centralized exchanges scramble

Blockchain analysis firm Glassnode recently characterized the 2022 bear market as the worst on record. This seems to be the case due to events such as the war in Ukraine and rising inflation, coupled with serious problems among centralized crypto exchanges.

Yet, the bear market hasn’t negatively impacted all players in the crypto ecosystem. Hardware wallet providers seem to be benefiting from the massive amount of crypto withdrawals from centralized exchanges.

07/07/2022

Less than a minute

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