Is Your Crypto Really Safe? SEC Warns Investors on Wallet and Custody Risks

TLDR Hot wallets offer convenience but face cyberattack and hacking risks. Cold wallets are safer online but can be lost, stolen, or damaged. Self-custody gives control but requires full responsibility for keys and seed phrases. Third-party custodians hold keys but may rehypothecate or commingle assets. The U.S. Securities and Exchange Commission (SEC) has released an [...]

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