A new study by Oobit has revealed a concerning reality in the digital asset space: more than one-third of cryptocurrency owners, or 35%, have lost access to their wallet or account at some point. The data shows that the biggest threat to crypto assets is not sophisticated hacking, but simple human error. Forgotten passwords or login failures were reported by 33% of 1,000 cryptocurrency owners in the US who participated in the study, followed by 21% who lost their seed phrases, and 20% who lost access due to two-factor authentication failures. In addition to personal mistakes, external factors such as platform bankruptcies accounted for 16% of access loss cases. Amram Adar, CEO of Oobit, noted that the biggest mistake people make is not choosing the right wallet, but believing they will remember how to restore access. "A few minutes of preparation today can be decisive in whether you can recover your assets or lose them forever," Adar said.

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