$6.3B just vanished from a major exchange. Largest crypto heist ever recorded.
Not user wallets. The exchange's own infrastructure got rekt.
Here's what matters:
Your coins on CEX = their custody, their risk, their security team you can't audit
Self-custody = your keys, your coins, exchange hacks can't touch you
Cold wallet = keys stay offline, only sign when needed, minimal attack surface
The breach is a reminder, not FUD. CEXs are honeypots. Always have been.
Hope the team recovers and users get made whole. But don't wait for the next headline.
Not your keys, not your coins. Move accordingly. đ
Not user wallets. The exchange's own infrastructure got rekt.
Here's what matters:
Your coins on CEX = their custody, their risk, their security team you can't audit
Self-custody = your keys, your coins, exchange hacks can't touch you
Cold wallet = keys stay offline, only sign when needed, minimal attack surface
The breach is a reminder, not FUD. CEXs are honeypots. Always have been.
Hope the team recovers and users get made whole. But don't wait for the next headline.
Not your keys, not your coins. Move accordingly. đ
