More Bitcoin Hack in the past few months - Time to change?

[Italian Panic]

We have all witnessed the rise in hacks targeting third party systems involving Bitcoin and other cryptocurrencies in general, all due to third parties whose systems have been found to be flawed.

Is it time to change our way of thinking? To abandon third parties and return to full self custody?

[naturelover]

We have all witnessed the rise in hacks targeting third party systems involving Bitcoin and other cryptocurrencies in general, all due to third parties whose systems have been found to be flawed.

Is it time to change our way of thinking? To abandon third parties and return to full self custody?

I heard something today where Bitget had an issue about hacking, though it seems like the bitget team itself can resolve it immediately for sure.

But of course there is still the concern that when it comes to Cex platforms, we can expect that there will be and there will be a breach there and usually these issues happen with hot wallets unlike cold wallets which I don't know of. So at the end of the day it's still up to us to decide what to follow.

[ferrddy]

Italian Panic makes a great point here. The string of third-party hacks over the past few months is a stark reminder that custody risk is real and it is not going away. Every exchange breach, every custodial wallet compromise, every flawed third-party system is a data point that pushes people toward self custody. The technology has been ready for years -- hardware wallets, multisig, seed phrases -- and the barriers to entry are lower than most people think. I agree that abandoning third parties and taking full control is the logical next step, not just for Bitcoin but for any crypto exposure. It is a mindset shift as much as a technical one, but the recent hacks make it feel less like a choice and more like an inevitability.