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CZ Warns Self-Custody Wallets Remain Vulnerable Until Users Act, Citing Devs' Inability to Patch Previously Generated Wallets or Reach Air-Gapped Devices
Binance founder CZ stated that while he believes in self-custody, it places the burden of security on users. He warned that developers patching bugs cannot fix previously generated wallets, and they have no way to reach users on air-gapped devices, meaning wallets remain open to hackers until users take action.
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