Binance Co-Founder CZ Says No Crypto Wallet or Software Is 100% Safe
JH Kim
Summary
- Changpeng Zhao said no cryptocurrency wallet or software is 100% safe.
- He stressed that crypto users should continue to monitor security-related information.
- He also urged users to manage potential risks on their own.
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Binance co-founder Changpeng Zhao, known as CZ, said no cryptocurrency wallet or software can guarantee perfect security and urged users to manage security risks on their own.
Cointelegraph reported on October 22 that Zhao said, "No cryptocurrency wallet or software is 100% safe."
He stressed that crypto users should keep monitoring security-related information and manage potential risks themselves.
The remarks highlighted that security risks cannot be eliminated entirely when using crypto wallets and software.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.