I wrote a thing!
TBH the custody stack is confusing unless you really take time to go deep(ish).
Hope y'all enjoy it.
Private key compromise caused 43.8% of all stolen crypto in 2024. That is 5x the next category.
And the trend is not reversing: $3.4B was stolen in 2025, up 55% on 2024.
Our new report breaks down how institutions are actually defending against it. 👇
May 18, 2026 · 8:10 PM UTC
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