Security vulnerabilities in non-custodial wallets are triggering a chain reaction. An incident involving over $7 million, coupled with suspected internal security mechanism failures, has caused the entire market to reevaluate the risk boundaries of such products.
The first to bear the brunt are the related tokens. TWT has already received a clear warning, and most other wallet-related tokens within the ecosystem are also likely to be affected by emotional shocks—such correlated sell-offs often lack logic and are simply market instinct.
However, the crisis is also reshaping market narratives. Hardware wallets and MPC (Multi-Party Computation) solutions have suddenly become focal points of discussion, prompting investors to reassess the true costs of "self-custody."
In the short term, cautious operation remains the safest strategy. Pay more attention to the risks of online interactions and reduce subjective judgments. This is how you should play during this period.
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PanicSeller
· 20h ago
7 million dollars lost, this is the price of self-custody...
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Another wave of rug pulls, TWT is probably done this time
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Hardware wallets are finally back in style, it was about time
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Non-custodial? I think it's better not to deceive ourselves
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This chain reaction will cause quite a few people to be dead, tomorrow is another harvest season for the chives
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Is the MPC solution so popular now? Why didn't anyone mention it before
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Caution is bullshit, if you need to run, just run
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The cost of self-custody is so high, it's actually more convenient to use centralized solutions
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700 million just disappeared, I even lost my pants
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Wallet tokens are collectively plunging, this is the domino effect
View OriginalReply0
CountdownToBroke
· 20h ago
Losing 7 million is just losing 7 million, the key point is, do these people really think that self-custody is safe? I think, sooner or later, they will have to face reality.
This time, it's the hardware wallet's turn to be in the spotlight. Every time something happens, it's the same cycle.
Can MPC solutions really be trusted? Honestly, it's just a new story told to the retail investors.
The recent sell-off of wallet tokens is a bit outrageous. The market is like this—when will it become rational?
Staying honestly on the exchange is also quite good; managing your own assets means you have to watch out for this and that, it's exhausting.
View OriginalReply0
NotSatoshi
· 20h ago
Losing 7 million dollars really hurts, now the hardware wallet can boast again
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Another self-custody soap opera, this time really should reflect on what we're actually after
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TWT being targeted is normal operation, that's just how the market is, if it drops, everyone follows
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Is the MPC solution being hyped again? After all this time, there's still no perfect solution
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This time, we really need to be low-key, whoever moves first will die
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Security vulnerabilities + internal mechanism collapse, what's the point of self-custody then
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The key issue is, where did this 7 million go, who will take the blame?
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Hardware wallets are not 100% secure, they are just a good sales pitch
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Another round of retail investors being harvested, why take it so seriously
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The real cost of self-custody is emotional exhaustion, it's really not worth it
View OriginalReply0
BearMarketMonk
· 21h ago
$7 million just disappeared like that. It seems that even custodial services aren't that secure; you still need to be more cautious.
View OriginalReply0
DaoResearcher
· 21h ago
According to the non-custodial risk model in the white paper, this $7 million incident actually validates the limitations of Token Weighted Voting in secure governance—first, incompatible incentives; second, multiple Nash equilibria. The MPC solution became popular because it addressed the single point of failure issue, but the real question is: why didn't our DAO governance mechanism detect these vulnerabilities in advance?
View OriginalReply0
AlwaysAnon
· 21h ago
$7 million lost, this is the cost of self-custody... Luckily, I transferred to a hardware wallet long ago.
View OriginalReply0
NeverPresent
· 21h ago
$7 million is gone, and this is the price of self-custody. Still messing around with MPC, hardware wallets, so troublesome.
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Same old story, whenever a crisis hits, it's just rehashing old news—those outdated hardware wallet solutions.
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What’s the status of tWT? Has it dropped? I think this emotional sell-off will definitely continue.
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Basically, don’t touch non-custodial; just be honest and use exchanges, the risk is on you.
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It's a bit outrageous—$7 million just disappeared, can internal mechanisms even fail? Who can believe that?
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Is the MPC solution really reliable? Feels like a new trap.
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Short-term cautious operation sounds right, but can you really hold on?
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This wave of selling is just herd behavior—selling because others are selling, what nonsense logic.
Security vulnerabilities in non-custodial wallets are triggering a chain reaction. An incident involving over $7 million, coupled with suspected internal security mechanism failures, has caused the entire market to reevaluate the risk boundaries of such products.
The first to bear the brunt are the related tokens. TWT has already received a clear warning, and most other wallet-related tokens within the ecosystem are also likely to be affected by emotional shocks—such correlated sell-offs often lack logic and are simply market instinct.
However, the crisis is also reshaping market narratives. Hardware wallets and MPC (Multi-Party Computation) solutions have suddenly become focal points of discussion, prompting investors to reassess the true costs of "self-custody."
In the short term, cautious operation remains the safest strategy. Pay more attention to the risks of online interactions and reduce subjective judgments. This is how you should play during this period.