After Binance’s $6.3B Hack, What Actually Protects Your Crypto?
Binance’s repayment pledge puts crypto custody protections in focus. Exchange reserves, private insurance and bank deposit guarantees cover different risks.
Custody
Custody refers to how cryptocurrencies and digital assets are stored and protected. It can be handled by third-party custodians, such as exchanges, or managed directly by users through self-custody wallets. Custodial services simplify access but require trust in the provider, while self-custody offers greater control and responsibility. Custody plays a critical role in security, regulation, and institutional adoption of crypto. The choice between custodial and non-custodial solutions often depends on user experience and risk tolerance.
Latest Custody News
OneKey Founder Warns Against Old iPhones as Crypto Cold Wallets
BootROM flaws leave some older iPhones exposed to physical-access attacks. OneKey’s founder warns that a reset and airplane mode do…
Could BlackRock’s IBIT Be Next? OneKey Founder Warns of Custody Risk
OneKey founder Yishi warns that compromised signing systems could threaten IBIT, highlighting custody concentration and limited insurance protection.
Google Previews Crypto Custody Security Service for 2027 Launch
Google’s MPC service is being tested by financial institutions and Alphabet, with commercial availability planned for early 2027.
Keystone Confirms Customer Data Breach at Official Online Store
Keystone confirms a customer-data breach at its official store and warns of impersonation scams. It says wallet keys and payment details were not exposed.
Electrum Urges 4.8.3 Update After Bitcoin Fee-Bump Attack
Electrum 4.8.3 fixes an exploited server flaw that can redirect Bitcoin payments when users raise fees. Developers report one user lost funds.
Robinhood Plans 2027 Middle East Launch After Dubai Approval
Robinhood will base its Middle East business in DIFC after DFSA authorization covering 10 investment categories, with a product launch planned for 2027.
Standard Chartered Signs Deal to Buy Zodia Custody
Standard Chartered has signed definitive agreements to acquire Zodia Custody, with regulated custody joining the bank and software moving to Zodia Solutions.
Thailand’s Bitcoin and Ether ETF Rules Take Effect
Thailand’s domestic crypto ETF framework is now in force, setting rules for Bitcoin and Ether funds, local custody and investor access.
Ledger Unveils Direct DeFi Platform Amid Wallet Implant Investigation
Ledger Platform brings direct connections to supported DeFi apps, while the company continues investigating hardware-wallet implants and tightening retail rules.