Mazdak@lemmy.org to Technology@lemmy.worldEnglish · 1 day 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.comexternal-linkmessage-square19fedilinkarrow-up1169cross-posted to: technology@lemmy.ml
arrow-up1169external-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@lemmy.org to Technology@lemmy.worldEnglish · 1 day agomessage-square19fedilinkcross-posted to: technology@lemmy.ml
minus-squareDarkcoffee@sh.itjust.workslinkfedilinkEnglisharrow-up43·1 day 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-squareshortwavesurfer@lemmy.ziplinkfedilinkEnglisharrow-up9·6 hours 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.
minus-squareFaceDeer@fedia.iolinkfedilinkarrow-up1·3 hours agoThat’s not what the question was about.
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.
That’s not what the question was about.