249
Crypto 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 tokens (www.bloomberg.com)
submitted 1 year ago by to c/technology@lemmy.world
45 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 63 points 1 year ago (1 child)

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.

  • permalink
  • fedilink
  • source
  • hideshow 2 child comments
    •
  • [–] -5 points 1 year ago (1 child)

    Depends which exchange you're using.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 25 points 1 year ago (1 child)

    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.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •