🚨 $BILS EXCHANGE HACKED — 200K IDENTITIES STOLEN IN ONE SWEEP 💥
This is the dark side of centralized KYC — Bits of Gold, Israel's licensed exchange and $BILS issuer, just had ~200K customer records stripped by hackers. Nearly the whole platform. When exchanges hold your government ID, proof of address, and financials, they hold the keys to your identity, not just your coins. 🩸
The threat doesn't stop at the exchange vault. This stolen data feeds phishing campaigns, SIM swaps, and social engineering attacks — ways to drain wallets without ever touching a chain. Self-custody isn't just about holding keys; it's about protecting assets that can outlive any breach. 🔻
If a regulated platform with VASP approval can leak your full identity profile, does that change how you store your crypto? 💬 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BILS #CryptoSecurity #DataBreach #SelfCustody #KYC
🛡️ 🩸
This is the dark side of centralized KYC — Bits of Gold, Israel's licensed exchange and $BILS issuer, just had ~200K customer records stripped by hackers. Nearly the whole platform. When exchanges hold your government ID, proof of address, and financials, they hold the keys to your identity, not just your coins. 🩸
The threat doesn't stop at the exchange vault. This stolen data feeds phishing campaigns, SIM swaps, and social engineering attacks — ways to drain wallets without ever touching a chain. Self-custody isn't just about holding keys; it's about protecting assets that can outlive any breach. 🔻
If a regulated platform with VASP approval can leak your full identity profile, does that change how you store your crypto? 💬 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BILS #CryptoSecurity #DataBreach #SelfCustody #KYC
🛡️ 🩸