Author: Kadan Stadelmann

Kadan Stadelmann is a blockchain developer and operations security expert, currently serving as the Chief Technology Officer for the Komodo Platform. His diverse experience spans across various sectors, including operations security within government, launching technology startups, and delving into application development and cryptography. Stadelmann embarked on his blockchain technology journey in 2011 and became a part of the Komodo team in 2016.

JPMorgan’s participation in the BlackRock Bitcoin ETF as a custodian raises eyebrows, given its history of hefty fines and controversies. Concerns over counterparty risk loom large in the crypto industry, emphasizing the importance of individuals holding their own bitcoins to avoid potential consequences of a major Wall Street bank’s involvement.

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