Crypto exchanges may have the reserves to cover massive hacks, but your personal wallet might not. Binance says it can absorb its recent losses, but self-custody puts the…
Original source excerpt
Crypto exchanges may have the reserves to cover massive hacks, but your personal wallet might not. Binance says it can absorb its recent losses, but self-custody puts the responsibility directly on …
Crypto exchanges may have the reserves to cover massive hacks, but your personal wallet might not. Binance says it can absorb its recent losses, but self-custody puts the responsibility directly on you. I f your keys or seed phrase are compromised, there may be no company reserve to save your funds.
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