2026-01-27 02:03:32

- Hackers disguise themselves as customer service to trick users into revealing their seed phrases, involving over $280 million, reigniting discussions on cold wallet security.

- Comparison: Previously, Bybit was hacked through malicious contract attacks resulting in over $1.4 billion stolen. Both centralized and decentralized storage have their pitfalls, and private key security remains the first line of defense.

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