CoinEx, once a major crypto exchange, announced it's shutting down completely by December 22, 2026 — years after a 2023 hack that drained roughly $70M from its hot wallets. It's a quiet reminder that not every exchange survives a security breach, even with a full rebound in the broader market.
Takeaway: Always factor exchange risk into your strategy — where you hold assets matters as much as what you hold. Consider self-custody or diversifying across platforms.
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