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Bitcoin holders urged to keep self custody despite recent wallet security breaches and risks of ETFs.

Market News
23 Oct 2026
Crypto news
View Source
Neutral
Bitcoin holders urged to keep self custody despite recent wallet security breaches and risks of ETFs.

Jameson Lopp, chief security officer at Casa, advises Bitcoin holders not to abandon self custody despite recent security breaches in cryptocurrency wallets. He warns that Bitcoin ETFs and third-party custodians do not eliminate risks but shift responsibility to institutions, potentially limiting user control and exposing assets to freezes or seizures. Lopp recommends using multisignature wallets and distributing private keys across different locations and hardware suppliers to enhance security. He emphasizes the importance of maintaining direct control over Bitcoin holdings and preparing for scenarios where access might be lost, rather than relying solely on managed custody solutions.

Jameson Lopp's advice to Bitcoin holders is presented here with Pluang's cryptocurrency market data for context. For readers following major cryptocurrencies, 15 out of 50 rose while 33 fell. Notably, Bitcoin Cash (BCH) was priced at Rp5.170.822 with a 1-day change of +2.74%, and Pluang order activity showed 27% Sell / 73% Buy as of Oct 23, 2026 12:31 WIB.

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