CZ issued a warning, and I think it’s more worth hearing than the hack itself.
He said: If even crypto exchanges can be hacked, banks are in an even worse position.
“This isn’t just a crypto problem. It’s actually a much broader information security problem.”
After years of watching on-chain activity, one thing has struck me most: people always treat getting hacked as something unique to crypto. It’s not. Exchanges are simply among the first to be put under the microscope—and among the first to publicly admit it.
Banks aren’t safer; they’re just less often scrutinized in public after the fact.
CZ isn’t making excuses for anyone. He’s reminding us that the real problem isn’t on-chain; it’s in every system that treats security as a cost rather than a baseline requirement.
$ETH $BNB $BTC
He said: If even crypto exchanges can be hacked, banks are in an even worse position.
“This isn’t just a crypto problem. It’s actually a much broader information security problem.”
After years of watching on-chain activity, one thing has struck me most: people always treat getting hacked as something unique to crypto. It’s not. Exchanges are simply among the first to be put under the microscope—and among the first to publicly admit it.
Banks aren’t safer; they’re just less often scrutinized in public after the fact.
CZ isn’t making excuses for anyone. He’s reminding us that the real problem isn’t on-chain; it’s in every system that treats security as a cost rather than a baseline requirement.
$ETH $BNB $BTC
