I knew it would happen. Again. Another centralized exchange (CEX) falls victim to a massive hack, and users are left wondering if their funds are safe. This time, it's Bybit—over $1.4 billion stolen (from ETH cold wallet) in what’s now the biggest crypto hack ever. And guess what? If you’re still keeping your funds on a CEX (like Binance or Kucoin for example), you’re playing a dangerous game...

Why CEXs Will Always Be a Risk

Centralized exchanges control your funds, period. They hold the private keys, not you. That means when they get hacked, your assets are at risk. And it’s not just hacks—exchanges can freeze withdrawals, mismanage funds, or even collapse entirely (FTX, anyone?).

Not your keys, not your coins. It’s a hard lesson, and too many people learn it the expensive way.

The Solution: Go Self-Custodial

If you want true control over your assets, you need a self-custodial wallet. This means you hold your own private keys, and no one—not hackers, not exchanges, not regulators—can take your funds away.

Here are two solid options to get started:

🔹 Zerion Wallet – A smart wallet that lets you manage DeFi, NFTs, and crypto across multiple chains in one place.

🔹 Rainbow Wallet – A beautifully designed Ethereum wallet perfect for beginners and pros alike.

Both of these are easy to use, secure, and give you full control over your crypto.

Time to Make the Switch

If you’re still trusting centralized exchanges with your money, ask yourself: Can you afford to lose everything overnight? Because history shows that hacks and collapses aren’t a matter of if—they’re a matter of when.

Take control of your crypto. Move your funds to self-custody today before it’s too late.