03 Dec Squarelink Rolls Out Non-Custodial Private Key Recovery for New Wave of DApps
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BOSTON–(BUSINESS WIRE)–Squarelink, a blockchain account platform, recently added non-custodial private key recovery for several DApps using its wallet management tool. At this time, the Squarelink platform is the only pure non-custodial private key recovery platform for cryptocurrency and blockchain applications. All other solutions rely on OAuth providers such as Google or custodial key-management services like Amazon Cognito.
At present, Squarelink supports non-custodial private key recovery for the following applications:
- PoolTogether
- 1inch.exchange
- Fulcrum
- Totle Swap
- Deversifi
- gDai
- Hedgie
“Other technology providers have advertised private key recovery solutions, but there’s a catch,” says Alex Patin, co-founder and CTO of Squarelink. “Most are not truly non-custodial and rely on companies like Google to create OAuth tokens. Since Google is a centralized authority, a malicious employee with access could arbitrarily create access tokens for…
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