F
Flippix
@Flippix_sol
🚨 BREAKING: CZ SAYS CRYPTO EXCHANGES MAY ACTUALLY BE SAFER THAN SELF-CUSTODY FORMER BINANCE CEO CZ RESPONDED TO DATA SHOWING THAT USERS HAVE LOST 1.57M $BTC THROUGH SELF-CUSTODY… COMPARED TO 1.51M $BTC LOST VIA EXCHANGES HIS TAKE? IF THE NUMBERS ARE ACCURATE, EXCHANGES ARE STATISTICALLY SAFER THE DIFFERENCE IS… EXCHANGE HACKS MAKE HEADLINES, WHILE LOST SEED PHRASES AND USER MISTAKES USUALLY GO UNNOTICED CZ’S CONCLUSION: THE BEST APPROACH IS PROBABLY A BALANCED ONE MEANWHILE, WILLY WOO SAID THE COLDCARD INCIDENT REINFORCES HIS PREFERENCE FOR MULTISIG RATHER THAN RELYING ON A SINGLE SEED PHRASE. 👀
· 74 Views
1 Likes
1 Bookmarks
replies
reposts
likes