Mark Cuban loses $870K in hot wallet hack

Re:Mark Cuban loses $870K in hot wallet hack by landemva on Saturday September 16, 2023 @02:58PM (#37537571)

Corrupt courts can't steal it, so my phrases on paper and USB locked in safes separated by 2000 miles helps me diversify. Governments do collapse, and I can recreate my signing keys from anywhere. It's different than a dozen gold coins in my pocket.

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Re:Mark Cuban loses $870K in hot wallet hack by lxgr on Saturday September 16, 2023 @03:33PM (#37537923)

How is a crypto custodian immune to court orders, corrupt or otherwise?

> my phrases on paper and USB locked in safes separated by 2000 miles

That's nice (unless you lose access to both or make some other operational mistake), but literally the opposite of central crypto custody, which is what this thread is about.

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Re:Mark Cuban loses $870K in hot wallet hack by landemva on Saturday September 16, 2023 @03:44PM (#37537997)

I thought it was about self-custody via a web browser extension. Did I misread the article about Mark Cuban losing funds and then sending some to a custodian?

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Re:Mark Cuban loses $870K in hot wallet hack by lxgr on Saturday September 16, 2023 @04:05PM (#37538191)

No, I was replying to:

> Banks are here to stay, even in crypto imo

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