Zenrock Aims to Calm Users’ DeFi Wobbles With Decentralized Custody Offering

Zenrock Aims to Calm Users’ DeFi Wobbles With Decentralized Custody Offering

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Source: Coindesk.com

Decentralized finance adoption has been slow due to security concerns about using the new technology, Zenrock says. Zenrock aims to address the one-point-of-failure risk with existing custody models by operating a decentralized MPC wallet. DeFi hacks remain a major threat to the crypto industry, according to blockchain security firm Halborn.

Read More https://www.coindesk.com/business/2024/08/21/zenrock-aims-to-calm-users-defi-wobbles-with-decentralized-custody-offering/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Zenrock Aims to Calm Users' DeFi Wobbles With Decentralized Custody Offering" appeared first here Coindesk.com.

Source: Coindesk.com

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