Worth noting there was a mass exodus this weekend, too [0] as 3 billion left exchanges.<p>If exchanges want to be taken seriously than do a daily/weekly audit and PoR and then MAYBE this custodial BS can be included in a risk tolerance assessment; until then it's caveat emptor I'm afraid.<p>The low volume means that we are going to see some crazy price swings again in volatility, too.<p>We need to go through these growing pains for progress to be made, part of being in this ecosystem is based on not having this be an issue as you are your own bank, and a litany of hardware devices have been made in addition to the admittedly complex cold storage solutions of yore but still people want to keep these funds on exchanges they do so with the understanding that they operate in an incredibly precarious situation.<p>0: <a href="https://cointelegraph.com/news/3-billion-in-bitcoin-left-exchanges-this-week-amid-ftx-contagion-fears" rel="nofollow">https://cointelegraph.com/news/3-billion-in-bitcoin-left-exc...</a>