Rising physical threats highlight the urgent need for better security measures in crypto asset management. Key takeaways Self-custody in crypto is crucial to avoid reliance on third parties, which pose significant risks. Privacy acts as the first line of defense in crypto security, preventing further attacks. Physical attacks on crypto holders are increasing, highlighting the need for enhanced security measures. Trusted third parties remain the primary threat to crypto holders, overshadowing smart contract risks. Economic pressures on crypto companies may reduce the frequency of smart contract audits, increasing investor risk.…
Jameson Lopp: Self-custody is essential to avoid third-party risks, phishing attacks are the biggest threat, and a three-wallet system can enhance security
