Avoid hosted crypto wallets 'at all costs,' warns Elon Musk

Avoid hosted crypto wallets 'at all costs,' warns Elon Musk

One crypto wallet provider’s marketing interaction with Elon Musk has backfired with the Tesla CEO roundly criticizing the company. Freewallet, a hosted crypto wallet service known for offering standalone storage services for cryptocurrencies has seen its marketing attempt rebuffed by Elon Musk.Responding to Freewallet’s self-promotional message, Musk retorted:Any crypto wallet that won’t give you your private keys should be avoided at all costs— Elon Musk (@elonmusk) February 10, 2021 Hosted crypto wallet platforms like Freewallet are often targets for criticism over the storage of....


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