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A comment on FTX US’s wallets appear to be hacked, $600M leaving the exchange. Parent comment

Re:FTX US’s wallets appear to be hacked, $600M leaving the e... by hiq on Saturday November 12, 2022 @05:45AM (#33571914)
You just get a different set of tradeoff on a decentralized exchange. E.g. many users don't have the basic opsec required to protect their private key without losing it.

For a cryptocurrency owner taken at random, I think it's likelier that they make a mistake with their private key than they lose tokens held in a Coinbase (or another CEX among the less dodgy, regulated, etc.) account.

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Re:FTX US’s wallets appear to be hacked, $600M leaving the e... by boppo1 on Saturday November 12, 2022 @12:16PM (#33574998)
>basic opsec required to protect their private key without losing it.

Exactly. I've long wondered if there's any way to overcome this without essentially going back to a 'trusted broker/custodian' model

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