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Even with no mistakes assets can be lost, Zach Rynes warns

Even with no mistakes assets can be lost, Zach Rynes warns
Coldcard hack sparks hardware wallet concerns

Zach Rynes highlights the alarming nature of the recent COLDCARD hack, stressing that users could lose all their crypto holdings even if they follow all security best practices and make no errors.

Despite these circumstances, Rynes continues to argue that self-custody through hardware wallets remains the best option for the average crypto user with moderate experience.

Rynes has previously criticized Ripple's ongoing sales of XRP, stating that the activity dilutes the circulating supply and is negative for the token’s value here. He has also analyzed Ripple's strategy to sponsor college sports, suggesting that the XRP logo is intended to attract crypto buyers over bank partners here. His commentary often focuses on key risks and tactics facing crypto holders and projects.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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