Last night, stablecoin issuers froze hacker addresses en masse: Tether’s CEO confirmed that over 1.567 billion USDT had been frozen, while Odaily’s on-chain tally puts the total at around 1.77 billion. No need to speculate about how the case will end. Here are three steps ordinary users can follow—enough for tonight:
1. Check where your U is. On-chain self-custody protects against stolen permissions; exchange custody carries the risk of withdrawals being suspended. Don’t mix up the two risks.
2. Revoke old permissions. Use a tool like Revoke to review and clear contract approvals you haven’t used in six months—theft incidents often exploit old approvals.
3. Test with a small amount before sending a large one. Confirm it arrives, then send the rest. You should have done this last night, and you should do it tomorrow, too.
How to use this: Save this checklist. The next time you see news that “something happened to an exchange,” go through steps 1 → 2 → 3. It takes five minutes.
I favor self-custody and keep only spending money on exchanges. Some people will argue, “Exchanges have a better compensation record than individuals have a record of losing private keys.” I don’t deny that—but it assumes you can weather several days of suspended withdrawals.
Data as of today. This is not investment advice.
Is more than half of your U on-chain, or on an exchange?
$USDT #币安广场 #稳定币 #链上安全 #Self-custody
1. Check where your U is. On-chain self-custody protects against stolen permissions; exchange custody carries the risk of withdrawals being suspended. Don’t mix up the two risks.
2. Revoke old permissions. Use a tool like Revoke to review and clear contract approvals you haven’t used in six months—theft incidents often exploit old approvals.
3. Test with a small amount before sending a large one. Confirm it arrives, then send the rest. You should have done this last night, and you should do it tomorrow, too.
How to use this: Save this checklist. The next time you see news that “something happened to an exchange,” go through steps 1 → 2 → 3. It takes five minutes.
I favor self-custody and keep only spending money on exchanges. Some people will argue, “Exchanges have a better compensation record than individuals have a record of losing private keys.” I don’t deny that—but it assumes you can weather several days of suspended withdrawals.
Data as of today. This is not investment advice.
Is more than half of your U on-chain, or on an exchange?
$USDT #币安广场 #稳定币 #链上安全 #Self-custody
