🔎 RESEARCH: “Not your keys, not your coins” is back in focus as trust in centralized exchanges continues to erode. A survey by Cointelegraph Research shows that most investors trust exchanges less after major failures. Some of crypto’s biggest custodial failures include Mt. Gox losing ~850,000 BTC, QuadrigaCX leaving a ~$169M shortfall, and FTX exposing an ~$8B deficit in customer funds. Survey data shows 65% of users trust exchanges less than four years ago, while 57% cite direct ownership of private keys as the main reason for self-custody. As more investors move assets off exchanges, does the crypto industry fully understand the responsibilities that come with self-custody?(Cointelegraph)