Bitcoin, Ether Tumble As Bybit Exchange Confirms Massive $1.4 Billion Hack – ZH

A reminder of what a ‘cold wallet’ is suppose to protect against.

A “cold wallet” is a type of cryptocurrency wallet that stores private keys offline, meaning it is not connected to the internet, providing a high level of security against online hacking attempts by keeping your digital assets completely isolated from the web; essentially, it’s a physical device like a USB drive that holds your crypto keys, making it ideal for long-term storage of large amounts of cryptocurrency. 

as with taxes on internet purchases – when crypto hits critical mass, hodlrs will find out that nifty ledger feature will be used initially to collect taxes (assuming it isn’t already) and later to control usage.