Hack of the ‘Fort Knox’ of Bitcoin Wallets Brings Back the Middleman

Cryptocurrency

Bitcoin

Blockchain

20th August 2026

Sidhartha Shukla writes about the shifting attitudes toward relying on third parties to protect an asset originally invented to make them obsolete.

For years, Bitcoin’s believers had a simple answer to the risks of exchanges: “Not your keys, not your coins.”

Author

Sidhartha Shukla

Source

bloomberg.com

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