Ah, cryptocurrency—the digital pot of gold at the end of the rainbow. Except this pot always seems to have little goblin hackers sticking their hands in. 🪙💻
In a recent chat that probably began with “Have you turned it off and on again?”, Ledger CEO Pascal Gauthier took his seat on Bloomberg TV to sound the alarm. He stressed that while Bitcoin itself is tougher than a troll’s toenails, the platforms where your shiny digital coins lounge around (aka crypto exchanges) are basically an open buffet for hackers. 🎯🕵️♂️
“Where there is money, there will be hackers,” Gauthier declared with a grim look that seemed to make the cameras nod in agreement. In other words, the more cash you pour into crypto, the more digital pickpockets come sniffing—like moths to a very expensive flame. 🔥👾
He went on to remind everyone that Bitcoin’s design practically screams *self-custody*. Translation: don’t park your digital treasure on an exchange unless you enjoy living dangerously. Leaving them there means basically dangling them in front of every hacker with an Internet connection. 🪙✂️
“Don’t leave your coins on an exchange,” Gauthier sagely advised, sounding a bit like someone telling you not to leave cheese out for mice. If you *must* use exchanges, he added, make sure their security is tighter than a miser’s purse. And let’s be honest, that’s asking a lot. 🧀🖥️🔒
Ledger has spent the last decade brewing their special security potion, offering a self-custody solution so robust it would probably make a dragon jealous. Gauthier humbly pointed out their success, with a casual mention of selling eight million hardware wallets. No big deal. 🧙♂️💾
Making his case with a polyhedral dice roll of logic, he likened it to traditional banking. People stash money in banks instead of burying it in the backyard, right? Well, the crypto world needs its own version of Fort Knox—but not the mattress variety, please. 🛏️💸
Now, all this comes on the heels of a recent $1.5 billion heist at Bybit on February 21. (Yes, billion with a B!) The infamous North Korean Lazarus Group likely pulled it off, and their subtlety is roughly akin to setting fireworks off in a broom cupboard. 🧨🌫️
Gauthier didn’t miss the chance to remind viewers that Ledger’s wallets outclass keeping your coins under the equivalent of a digital bed mattress. It’s essentially waving a sign that says “Hack Me Next” in bold Comic Sans. So yes, *please* diversify your dragon hoard wisely. 🪙🛖
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2025-02-26 00:00