{"id":369950,"date":"2019-01-31T23:00:21","date_gmt":"2019-01-31T23:00:21","guid":{"rendered":"https:\/\/ktsl888.com\/?p=369950"},"modified":"2019-01-31T22:44:41","modified_gmt":"2019-01-31T22:44:41","slug":"crypto-exchange-quadrigacx","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/crypto-exchange-quadrigacx\/","title":{"rendered":"Canadian Crypto Exchange Has Lost Access to its Cold Storage"},"content":{"rendered":"

Customers foolish enough to leave funds at the Canadian crypto<\/a> exchange\u00a0QuadrigaCX have a lot to be worried about.\u00a0According to a post by the company’s board of directors, the platform has lost access to the digital assets it held in cold storage.<\/p>\n

Whilst the exchange was only small in terms of active daily users, according to figures from Coinmarketcap, the news once again highlights the importance of users taking responsibility for storing their own digital assets securely.<\/p>\n

Not Your Keys, Not Your Crypto<\/h2>\n

Less than a month after billionaire and early Bitcoin evangelist Trace Mayer held the inaugural “Proof-of-Keys<\/a>“event as a display of monetary sovereignty, a Canadian crypto exchange called\u00a0QuadrigaCX has committed the ultimate blunder – losing access to its own cold storage.<\/p>\n

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Let's start a new #Bitcoin<\/a> cultural tradition.<\/p>\n

An annual Proof of Keys Celebration on Jan 3rd to declare monetary sovereignty by withdrawing all $BTC<\/a> held w\/ trusted 3rd parties to software we control private keys & do network consensus.<\/p>\n

Who is w\/ me? \ud83d\udcaa https:\/\/t.co\/sJhOYSjStH<\/a> pic.twitter.com\/ve9DBsQhh9<\/a><\/p>\n

— Trace Mayer (@TraceMayer) December 9, 2018<\/a><\/p><\/blockquote>\n