Binance CEO Offers Self-Custody Advice Amidst Crypto Security Concerns

Richard Teng, CEO of Binance exchange, has issued a crucial message urging crypto users to prioritize their asset security. He emphasizes that individual actions are key in maintaining control over digital assets and offers specific strategies for self-custody. 📈 The rise in crypto crimes is concerning, with losses reaching up to $2 billion in 2024. These scams often use phishing links, impersonation tactics, and social engineering to steal user information.