Mazdak to [email protected]English • 20 hours agoCrypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokenswww.bloomberg.commessage-square30fedilinkarrow-up1158arrow-down11cross-posted to: [email protected]technology
arrow-up1157arrow-down1external-linkCrypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokenswww.bloomberg.comMazdak to [email protected]English • 20 hours agomessage-square30fedilinkcross-posted to: [email protected]technology
minus-square@[email protected]linkfedilinkEnglish33•20 hours agoI’m so glad I have no crypto of any kind. It’s the wild west with no savings insurance, so once it’s gone, it’s gone.
minus-square@[email protected]linkfedilinkEnglish3•54 minutes agoAnybody who keeps their money on an exchange any longer than necessary is just asking for trouble. An exchange is like a public toilet. You get in, you shit, and you get the fuck out. You don’t hang around in a public toilet. Self custody or GTFO.
I’m so glad I have no crypto of any kind. It’s the wild west with no savings insurance, so once it’s gone, it’s gone.
Depends which exchange you’re using.
Anybody who keeps their money on an exchange any longer than necessary is just asking for trouble. An exchange is like a public toilet. You get in, you shit, and you get the fuck out. You don’t hang around in a public toilet.
Self custody or GTFO.