#钱包安全风险与防护 2025 is the year I’ve seen too many cases of wallets being looted. Starting from the $1.4 billion theft at Bybit at the beginning of the year, the entire industry has been repeatedly sounded the alarm. These incidents seem far away from us, but upon closer reflection, the logic of the risks is interconnected.

When exchanges get hacked, our assets on the chain may not be safe either. This is not alarmism—operational risk, custody risk, counterparty risk—these terms are no longer just jargon in white papers but real financial killers. I’ve seen too many people store coins in small wallets, using private key management methods from ten years ago, or keep mnemonic phrases in cloud drives. As hackers’ techniques become more professional, our protective mindset still lags five years behind.

What alarmed me most in 2025 is that market access is expanding rapidly, but risk constraints are not keeping up. The approval of ETPs, the financialization of stablecoins, the influx of institutional funds—these all seem beneficial, but the underlying systemic reflexive risks are actually being amplified. The $19 billion liquidation wave triggered by Bitcoin’s plunge from $125,000 in October is proof.

So my advice now is straightforward: invest in hardware wallets, learn multi-signature wallets, and regularly review your asset distribution. Don’t put all your chips on one exchange or one wallet address. These may sound troublesome, but compared to losing years of accumulated assets, a little hassle is nothing.

To survive long in this industry, you must have the mindset of “being ready to run at any time.”