I interviewed for C-suite roles TWICE with CZ and team @binance after working at the OG Bittrex Exchange for 5+ years across product, listings, and markets, etc. Here's some Halloween thoughts on the hack from a business-side exchange insider who learned a few things form elite legal, compliance, and security engineering teams: Don't keep your coins on an exchange unless you plan to trade imminently. There will ALWAYS be security risk. Regulatory risk. Illiquidity risk. Compliance risk. We never had an incident. I doubt Coinbase or Kraken ever will. But the risk will never be zero. Binance did the right thing refunding users (from what we can see). The US exchanges have at least some hot wallet insurance coverage, but that only limits the damage akin to FDIC limits. So what do you do? Not your keys not your crypto? My advice: If you just want to hold BTC, buy something like MSBT on interactive brokers. Low trading fees. Low cost ETF is well worth the 15 yearly basis points or whatever and is actually the highest possible security imho when you factor in private key mismanagement issues. Or get 1password. Choose your favorite app-based wallet with an impeccable security history and secure keys there. Avoid hardware wallets. Don't tell anyone you own crypto. Could talk about security for hours but have a Halloween party to get to. AMA. Stay SAFU fam!