Benzinga Crypto@benzingacrypto

2 years ago

🚨 A $25M mistake! 🚨 A crypto investor known as "qklpjeth" lost 7,912.31 ezETH after accidentally sending it to an inaccessible contract address. This highlights a key risk in decentralized finance: irreversible errors. 🛑 The investor emphasized the safety of centralized… https://t.co/Npb8s2eH1X

Markets News@MarketsDotNews

2 years ago

Investor "Qklpjeth" suffers $25M loss in misplaced crypto transfer, shedding light on centralized exchange security. Irreversible DeFi errors underscore risks.

$1 million dollars lost. This isn't specific to @phantom. This happens all the time. According to @solflare, billions of dollars is lost every year due to self custody mistakes. More than all FTX customers combined (after the recovery). Self custody is completely, totally, and… https://t.co/lUjymEUOFv